Alfa Financial Reports Strong Q1 and Optimistic Outlook

Alfa Financial Software plc (GB:ALFA) has released an update.

Alfa Financial Software Holdings PLC reported a solid start to 2024 with a 15% increase in Total Contract Value to £190 million, thanks to new customer acquisitions and the progression of their late-stage pipeline. The company’s Q1 trading met expectations, with a forecast for continued mid to high single-digit revenue growth throughout the year. Key developments included the launch of new Alfa Systems 6 modules, contributing to a robust subscription revenue stream and positioning the company to meet its annual targets.

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