Alfa Financial Software plc (GB:ALFA) has released an update.
Alfa Financial Software Holdings PLC reported a robust half-year for 2024 with a record Total Contract Value (TCV) increase of 40% and a strong push towards a SaaS subscription model, marked by 18% growth in subscription revenues. Despite a slight decrease in earnings per share, the company declared a special dividend reflecting strong cash generation and a healthy balance sheet with no bank debt. Strategic advances include the release of Alfa Systems 6 and a diversified customer base, positioning the company well for future growth.
For further insights into GB:ALFA stock, check out TipRanks’ Stock Analysis page.
