Alfa Financial Software Holdings
ALFA · Main Market · Technology · mcap £462m · 160.8p
Alfa sells Alfa Systems, software that lets lenders run vehicle and equipment finance, from loan origination to servicing. It earns subscription fees, software engineering fees and delivery fees for putting the system in at customers.
| Date | Type | Announcement | Day |
|---|---|---|---|
| 03 Sep 26 | 2026 Half Year Report
Half-year revenue up 4% to £65.1m with ARR growth of 17% to £48.5m, but operating profit fell 15% due to severance costs and FX headwinds. |
+6.5% | |
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in line expectations Revenue £65.1m (£62.5m)ARR £48.5m (£41.6m)Total Contract Value £247.0m (£210.7m)Operating profit £18.4m (£21.6m)Subscription revenues £24.1m (£21.2m)Cash £22.2m (£26.4m)
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| 21 Aug 26 | H126 analyst and retail investor presentations
Alfa Financial Software to announce H126 results on 3 September 2026 with analyst and retail investor presentations. |
+1.9% | |
| 10 Aug 26 | Board change | Directorate Change
Adrian Chamberlain, Non-Executive Director, has stepped down from the Board. |
−3.1% |
| 03 Aug 26 | Award under the Long Term Incentive Plan
Andrew Dickson, Chief Financial Officer Designate, awarded 122,007 conditional shares under LTIP vesting July 2029. |
+0.0% | |
| 30 Jul 26 | Trading update | H1 Trading update
H1 revenue £65.1m up 4%, TCV up 17%, major automotive win secured, on track for full year. |
−6.3% |
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in line expectations H1 Revenue £65.1m (£62.6m)Q2 Revenue £33.2m (£31.3m)Subscription revenues £24.1m (£21.1m)TCV £247.0m (£210.6m)Late-stage pipeline prospects 9
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| 26 Jun 26 | Director Declaration
CFO Duncan Magrath appointed Non-Executive Director and Audit Committee Chair of AIM-listed Bango plc. |
+2.1% | |
| 30 Apr 26 | Result of AGM
All 21 AGM resolutions passed, including dividend approval and director elections. |
−2.7% | |
| 30 Apr 26 | Trading update | Q1 26 Trading update
Q1 revenue £31.9m, up 3% reported and 5% constant currency. Nine late-stage pipeline prospects with seven preferring Alfa. |
−2.7% |
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in line expectations Q1 Revenue £31.9m (up 3% versus Q1 25)Constant currency revenue growth 5%Total Contract Value £232.4m (up 2% in quarter)Subscription revenue growth up 13% (versus Q1 last year)Delivery revenue growth up 8% (versus Q1 last year)Late-stage pipeline prospects 9
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| 13 Apr 26 | Awards under the LTIP and DBSP
LTIP and DBSP awards granted to COO and CFO with vesting dates in April 2029. |
+0.8% | |
| 31 Mar 26 | Results | Annual Report and Accounts and Notice of 2026 AGM
Annual Report and Accounts for 2025 filed; AGM scheduled for 30 April 2026. |
+0.7% |
| 12 Mar 26 | Results | Final Results
Revenue grew 15% to £126.7m with subscription revenues up 16% and operating profit up 17% to £40.1m. |
−10.0% |
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Revenue £126.7m (£109.9m)Operating profit £40.1m (£34.3m)Subscription revenue growth 16%Net Revenue Retention (NRR) 109% (103%)Cash £26.4m (£20.5m)Operating margin 31.6% (31.2%)
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| 02 Mar 26 | FY25 analyst and retail investor presentations
Company will announce full year results on 12 March 2026 with analyst and retail investor presentations. |
−0.9% | |
| 12 Feb 26 | Board change | Appointment of Chief Financial Officer
Andrew Dickson appointed CFO to replace retiring Duncan Magrath from September 2026. |
−1.2% |
| 29 Jan 26 | Trading update | Q4 25 Trading update
FY25 revenue £126.5m ahead of expectations; Q4 revenue £32.5m up 11%; pipeline expanded to ten prospects. |
−0.2% |
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ahead expectations FY25 Revenue £126.5m (£110m)FY25 Operating Profit £40.0m (£34.2m)Q4 Revenue £32.5m (£29.3m)TCV £227m (£220m)Late-stage pipeline prospects 10 (8)Customers live on Alfa Systems 6 20
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| 23 Dec 25 | Retirement of Director
CFO Duncan Magrath to retire at end of 2026; board to search for successor. |
−0.5% | |
| 12 Dec 25 | Board change | Appointment of Independent Non-Executive Director
Peter George appointed as independent Non-Executive Director, effective 1 January 2026. |
−0.4% |
| 13 Nov 25 | Trading update | Q3 2025 Trading update
Q3 revenue £31.7m up 12%, full year profit expectations raised by £2m on cost discipline. |
+1.6% |
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in line expectations Q3 Revenue £31.7m (£28.3m)Q3 Revenue growth 12%Subscription revenues growth 16%Delivery revenues growth 26%TCV at quarter end £222m (£211m)Full year profit expectation uplift c.£2m
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| 04 Sep 25 | 2025 Half Year Report
H1 2025 revenue up 20% to £62.5m with ARR up 16% to £41.6m; special dividend of 5.0p declared. |
+8.0% | |
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in line with expectations expectations Revenue £62.5m (£52.3m)Operating profit £21.6m (£16.2m)ARR £41.6m (£35.8m)NRR 112% (106%)Cash £23.9m (£20.5m)Special dividend per share 5.0p (4.2p)
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| 21 Aug 25 | Notice of H1 results and presentations
H1 2025 results to be published 4 September 2025 with analyst and retail investor presentations. |
+2.5% | |
| 30 Jul 25 | Trading update | H1 Trading update
H1 revenue reached £62.5m, up 20% year-on-year, in line with expectations across all revenue streams. |
+7.8% |
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in line expectations H1 revenue £62.5m (£52.1m)Q2 revenue £31.4m (£26.6m)Subscription revenues H1 £21.2m (£18.1m)Software Engineering revenues H1 £10.3m (£6.0m)Delivery revenues H1 £31.0m (£28.2m)TCV at 30 June 2025 £211m (£193m)
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| 30 Apr 25 | Result of AGM
All resolutions passed at the 2025 AGM including board re-elections and a final dividend of 1.4p per share. |
+3.7% | |
| 29 Apr 25 | Trading update | Q1 Trading update
Q1 revenue up 20% to £31m; TCV reached record £227m; full year guidance unchanged |
−0.9% |
|
in line expectations Q1 Revenue £31m (£25.8m)Revenue growth 20% (Q1 2024)TCV (Total Contract Value) £227m (£190m)Subscription revenue growth 6% (Q4 2024)Software Engineering revenue growth 79% (Q1 2024)Late-stage pipeline prospects 8
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| 15 Apr 25 | Award under the LTIP and DBSP
LTIP and DBSP share awards granted to CFO and COO on 14 April 2025, vesting in April 2028. |
+0.7% | |
| 01 Apr 25 | Notice of 2025 AGM and Annual Report and Accounts
Alfa Financial Software announces 2025 AGM to be held 30 April 2025 and posts annual report for year ended 31 December 2024. |
+0.0% | |
| 13 Mar 25 | Results | Final Results
Record TCV of £221.3m, up 34%, with revenue up 8% and profit before tax up 15% in 2024. |
+2.9% |
|
Total Contract Value £221.3m (£165.3m)Revenue £109.9m (£102.0m)Profit before Tax £34.1m (£29.6m)Subscription revenue growth 18%Next 12 months TCV £95.7m (£67.0m)Cash £20.5m (£21.8m)
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| 03 Mar 25 | Investor Presentation via Investor Meet Company
Full year 2024 results to be reported on 13 March 2025 with investor presentation on 14 March. |
+0.8% | |
| 30 Jan 25 | Trading update | Q4 Trading update
Q4 revenue £29m up 21%, FY24 operating profit £34m ahead of expectations, TCV record £221m up 34%. |
+5.3% |
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ahead expectations FY24 Operating profit £34m (£30m)FY24 Operating profit vs expectations 5% aheadFY24 Revenue £110m (£102m)Q4 Revenue £29m (£24m)FY24 Total Contract Value (TCV) £221m (£165m)Contract wins in FY24 8
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| 17 Jan 25 | Alfa Systems’ Software Evolution IR Video
Alfa released an investor relations video discussing Alfa Systems software evolution and architecture. |
+0.0% | |
| 14 Nov 24 | Trading update | Q3 Trading update
Q3 revenue £28m up 14%, FY24 operating profit expected £1m ahead of previous guidance. |
+7.6% |
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ahead expectations Q3 Revenue £28m (£24.6m)Q3 Revenue growth 14%Q3 Subscription revenue growth 19%TCV at 30 September 2024 £205m (£131m)FY24 operating profit upgrade £1m ahead of expectationsFull year revenue growth guidance mid to high single digit
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| 05 Sep 24 | Appointment of Additional Corporate Broker
Panmure Liberum Ltd appointed as additional corporate broker with immediate effect. |
+10.3% | |
| 05 Sep 24 | 2024 Half Year Report
H1 2024 revenue flat year-on-year at £52.3m; TCV up 40% to £193m; full year revenue upgraded £1m ahead of previous expectations. |
+10.3% | |
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in line expectations H1 2024 Revenue £52.3m (£52.9m)Total Contract Value £193m (£138m)Operating profit £16.2m (£16.9m)Subscription revenue growth 18%Cash position £22.0m (£21.8m)Special dividend per share 4.2p
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| 07 Aug 24 | Investor Presentation via Investor Meet Company
Alfa to report H1 2024 results on 5 September with investor presentation on 6 September. |
+1.2% | |
| 24 Jul 24 | Trading update | H1 Trading update
H1 trading in line with expectations; strong pipeline progression and subscription revenue growth; full year guidance unchanged. |
−0.3% |
|
in line expectations Customer deliveries Q2 6Customer deliveries Q1 7Late-stage pipeline prospects 11Prospects receiving services 8 (6)TCV versus prior year up more than 35%Subscription revenue growth high teens versus last year
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| 03 Jun 24 | Board change | Appointment of Independent Non-Executive Director
Reena Raichura appointed as independent Non-Executive Director, effective 3 June 2024. |
−2.9% |
| 30 May 24 | Sale of shares in Alfa Financial Software Holdings
Executive Chairman's investment vehicle CHP sells 4.9% stake in Alfa at 173p per share. |
−3.4% | |
|
Shares sold 14,450,867Percentage of issued capital 4.9%Sale price per share 173pCHP shareholding post-sale 54.7%
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| 01 May 24 | Result of AGM
All AGM resolutions passed; final dividend of 1.3p approved; Chris Sullivan re-elected with 90.54% support. |
−0.1% | |
| 30 Apr 24 | Trading update | Q1 Trading update
Q1 revenue £26m, TCV up 15% to £190m; two new customers signed, Systems 6 progressing. |
−0.3% |
|
in line expectations Q1 Revenue £26mTCV £190m (£165m)TCV growth 15%Q1 Revenue vs prior year down 2% constant currencyLate-stage pipeline prospects 10Subscription revenue growth mid-teens percentage
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| 09 Apr 24 | Award under the LTIP and DBSP
CFO and COO awarded LTIP shares vesting in 2027 and deferred bonus shares under DBSP. |
−0.3% | |
| 09 Apr 24 | Award under the LTIP and DBSP
LTIP and DBSP share awards granted to CFO and COO, vesting in April 2027. |
−0.3% | |
| 28 Mar 24 | Notice of 2024 AGM and Annual Report and Accounts
Annual Report and Accounts for 2023 posted; 2024 AGM scheduled for 1 May 2024. |
+1.8% | |
| 14 Mar 24 | Full Year Report for year ended 31 December 2023
Revenue up 9% to £102.0m, subscription revenues up 16%, record TCV of £165.3m and strong cash generation. |
+0.9% | |
|
Revenue £102.0m (£93.3m)Operating profit £30.1m (£29.6m)Total Contract Value (TCV) £165.3m (£142.9m)Subscription revenues +16%Cash £21.8m (£18.7m)Operating free cash flow conversion 115% (102%)
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| 11 Mar 24 | Investor Presentation via Investor Meet Company
Company announces full year 2023 results and investor presentation schedule for March 2024. |
+1.8% | |
| 31 Jan 24 | Trading update | Q4 Trading update
Q4 trading strong with record 35 deliveries in year and £1m profit upgrade for FY23. |
−2.8% |
|
in line expectations FY23 profit expectation increase £1mTotal deliveries FY23 35New customer go-lives 7Revenue growth FY23 9%Q4 deliveries 11
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| 14 Nov 23 | Trading update | Q3 Trading update
Q3 revenue £25m in line with prior year; double-digit subscription growth offsets lower software revenue. |
+1.7% |
|
in line with expectations expectations Q3 Revenue £25m (£25m)
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| 04 Oct 23 | Offer | Statement re possible offer
Thomas H. Lee Partners confirms it does not intend to make an offer for Alfa Financial Software. |
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| 03 Oct 23 | Update on Discussions
Alfa Board terminates discussions with THL over unsolicited takeover approach; THL has until 25 October to announce firm offer or walk away. |
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Company filings. Not investment advice.