tiprankstipranks

Alfa Financial Software Achieves Record Growth and Strong Market Positioning in 2024

Story Highlights
Alfa Financial Software Achieves Record Growth and Strong Market Positioning in 2024

Confident Investing Starts Here:

Alfa Financial Software plc ( (GB:ALFA) ) just unveiled an announcement.

Alfa Financial Software Holdings PLC reported a record-breaking year with a Total Contract Value (TCV) of £221.3 million, marking a 34% increase from the previous year. The company saw significant growth in subscription revenues, which rose by 18%, and announced a 15% increase in total dividends. The successful launch of Alfa Systems 6 and a robust sales pipeline have positioned the company for continued growth, with expectations of double-digit revenue growth in 2025. Alfa’s strategic shift towards a SaaS subscription model and diversification of its customer base have strengthened its market position and operational performance.

More about Alfa Financial Software plc

Alfa Financial Software Holdings PLC is a prominent developer of software solutions for the asset finance industry. Their flagship product, Alfa Systems, is a SaaS platform that supports automotive, equipment, and wholesale finance operations globally, trusted by major brands for managing complex portfolios. Alfa has been a leader in technology for the asset finance and leasing industry since 1990, with a strong presence in Europe, Australasia, and the Americas.

YTD Price Performance: 4.20%

Average Trading Volume: 517,440

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £668.7M

Find detailed analytics on ALFA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App