ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

FNTL Fintel Plc

305.00
13.00 (4.45%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Fintel Plc FNTL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
13.00 4.45% 305.00 16:35:01
Open Price Low Price High Price Close Price Previous Close
305.00 305.00 305.00 305.00 292.00
more quote information »
Industry Sector
SUPPORT SERVICES

Fintel FNTL Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
19/09/2023InterimGBP0.01128/09/202329/09/202303/11/2023
21/03/2023FinalGBP0.022518/05/202319/05/202319/06/2023
20/09/2022InterimGBP0.0129/09/202230/09/202204/11/2022
22/03/2022FinalGBP0.0228/04/202229/04/202207/06/2022
21/09/2021InterimGBP0.0130/09/202101/10/202104/11/2021
09/12/2020FinalGBP0.028508/04/202109/04/202107/05/2021

Top Dividend Posts

Top Posts
Posted at 20/3/2024 12:01 by tomps2
Fintel (FNTL) Full Year 2023 results presentation - March 24

Fintel Joint Chief Executive Officers, Matt Timmins and Neil Stevens, and Chief Financial Officer, David Thompson present full year results for the year ended 31 December 2023.

Watch the video here:

Or listen to the podcast here:
Posted at 20/9/2023 11:35 by tomps2
Fintel (FNTL) HY23 results presentation - September 23

Fintel Joint CEO’s Matt Timmins and Neil Stevens, and CFO, David Thompson present interim results for the six months ended 30 June 2023.

Watch the video here:

Or listen to the podcast here:
Posted at 28/9/2022 10:50 by semaj2000
Last night's webinar from FNTL [...] is on Vox
Posted at 22/3/2022 07:22 by masurenguy
Another year of solid progress !

Full year results for the year ended 31 December 2021

Robust financial performance. Significant strategic progress. Positioned for strong & sustainable growth.

Fintel, the leading provider of Fintech and support services to the UK retail financial services sector, today announces its audited consolidated results for the year ended 31 December 2021.

Financial Highlights

-- 5% increase in total revenue up GBP2.9m to GBP63.9m (FY20: GBP61.0m)
-- 5% increase in core(1) revenue - up GBP2.4m to GBP52.2m (FY20: GBP49.8m)
-- 6 % increase in adjusted EBITDA(2) - up to GBP18.3m (FY20: GBP17.3m)
-- Positive net cash(3) of GBP2.6m (FY20: net debt of GBP19.4m)
-- Strong balance sheet with GBP45m revolving credit facility of which GBP38m remains undrawn
-- Adjusted EPS(4) of 10.5 pence (FY20: 11.3 pence), on a like for like basis excluding the impact of the change in the UK Corporation Tax rate EPS would have been 12 pence
-- Final dividend proposed of 2 pence per share, resulting in a full year dividend of 3 pence per share (FY20: 2.85 pence per share)

Joint CEO, Matt Timmins commented: "We have delivered strong results during a year of significant strategic progress and continued robust financial performance. Revenues, EBITDA and recurring income have all increased in line with expectations driven by organic growth, strategic enterprise partnerships and the expansion of our proprietary advice technology. We are well positioned for further growth. We have maintained earnings in line with our objectives during a year in which we have invested into our digital delivery and completed two strategic divestments. With high levels of cash conversion and a strengthened balance sheet, we now have the financial agility to scale our unique Fintech and services platform and pursue further growth in quality revenues."
Posted at 27/1/2022 07:15 by masurenguy
Excellent update!

Trading Update for the year ended 31 December 2021

Robust financial performance. Significant strategic progress. Positioned for strong and sustainable growth.

Fintel (AIM: FNTL), the leading provider of fintech and support services to the UK Retail Financial Services sector, today issues a trading update for the year ended 31 December 2021.

Financial Highlights

-- Total revenue growth, marginally ahead of expectations, up GBP2.9m to GBP63.9m (2020: GBP61.0m)
-- Core Revenue growth up c.5% to GBP52.2m (2020: GBP49.8m)
-- Solid Adjusted EBITDA*(1) growth, in line with expectations
-- Positive net cash position*(2) of GBP2.5m (2020: Net Debt of GBP19.4m) as a result of resilient cash conversion and proceeds from strategic divestment
-- Strong balance sheet with significant, flexible funding capacity for growth including net cash position and access to a GBP45m revolving credit facility

Operational Highlights

-- SaaS & Subscriptions revenue continues to grow across all three operating divisions
-- Margins maintained whilst continuing to invest in the Business's digital services platform
-- Continued digitisation of core business and new strategic partnership to deploy up to 2,500 additional Fintech licenses through Tatton Asset Management
-- Significant progress in Distribution Division with 13 Distribution partners converted to multi-year subscription agreements via the launch of Managed Distribution Service (DaaS)
-- Significant strategic progress with the successful sale of non-core Zest Technology and disposal of Verbatim Funds
-- Development of comprehensive ESG strategy, following a wide-ranging and all-inclusive Materiality Assessment with key stakeholder groups

Outlook

With the benefit of high levels of recurring income from SaaS and Subscriptions, combined with the strong customer base and positive market dynamics, the Board remains confident of delivering future earnings growth and continued strategic progress.

Matt Timmins, Joint CEO of Fintel plc, said: "2021 has been a year of significant strategic progress, continued digitisation and strong trading as the Business continues to perform well. Revenue has been delivered marginally ahead of expectations, with earnings expected to be in line, having made continued investment into our digital growth. The successful sale of non-core Zest Technology and the strategic disposal of Verbatim has streamlined the business, giving us the financial agility to support future strategic growth. The rapid digitisation of our SaaS & subscription based business has continued, improving earnings quality and delivery of key services to customers. In addition, we have built a comprehensive ESG Strategy spanning Fintel Plc's own requirements as well as those of our clients. This is core to our vision of creating better outcomes for all stakeholders. Our Defaqto ESG research platform has been expanded to cover 76 retail investment funds and our Digital ESG Client Profiler has been deployed to over 8,000 wealth managers and financial advisers."

The board is confident of continued strong trading and key strategic progress in 2022. Fintel intends to announce its Full Year Results for the year ended 31 December 2021 on 22 March 2022.
Posted at 23/12/2021 07:20 by masurenguy
Some more bricks in the wall !

Premier Milton and Carmignac latest of 13 firms to join Fintel's managed distribution service in 2021

Delivered by SimplyBiz & Defaqto, businesses that sit within Fintel, the solution is designed to enhance the services provided to Intermediary Member Firms. The multi-year partnerships will align product providers' outreach to intermediaries through the most effective channels, and ensure consumers receive products better aligned to their needs. SimplyBiz has also announced that Carmignac's new range of model portfolios, as well as nine of Premier Miton's risk-adjusted funds, will join its range of Risk Controlled investment solutions, further embedding the partnerships.
Posted at 02/12/2021 07:15 by masurenguy
Looks like a very good deal for Fintel.

Fintel announces major distribution partnership with Aviva and Aviva Investors

Fintel (AIM: FNTL), the UK's leading fintech and support services business, today announces a major distribution partnership spanning Aviva and Aviva Investors in a multi-year agreement for its new Distribution as a service (Daas) solution. The solution, launched earlier this year, is a subscription-based service that includes research, data, product design and targeted distribution, enabling product providers to develop and distribute highly targeted propositions, whilst also increasing the effectiveness of their distribution through targeted data sets.

As part of the collaboration, Aviva Investors will launch a new sustainable retirement solution, answering the regulatory call for downside protection in retirement. The solution has been developed in partnership with Fintel, optimally aligning product design to Defaqto's income drawdown tool and ESG specifications. Fintel's SimplyBiz members firms will also benefit from the multi-year partnership with enhanced product inventory and streamlined access to information and resources from across Aviva and Aviva Investors, whilst consumers will receive better targeted products that meet their evolving needs. Aviva Investors has also licensed Fintel's strategic asset allocation model for both the new retirement fund and existing model portfolio solutions, further aligning the long-term revenue and growth of the businesses.

Matt Timmins, Joint CEO of Fintel, commented:"I'm delighted that Aviva has chosen to strengthen our relationship by joining our managed distribution service. As a market connector, Fintel brings together product providers, intermediaries and consumers to inspire better outcomes for all, and this partnership is testament to what can be achieved through industry collaboration. I look forward to seeing the immense benefits this presents to all involved."
Posted at 28/9/2021 08:17 by masurenguy
Fintel to benefit from Tatton Agreement Management IFA clients (Analyst Interview)
September 28, 2021

Fintel Plc (FNTL) is the topic of conversation when Robin Savage, Research Analyst at Zeus Capital joins DirectorsTalk Interviews. Robin talks us through the key elements of the Tatton Asset management transaction from Fintel’s perspective, the impact on forecasts and impact this deal has on valuation.
Posted at 21/9/2021 07:31 by masurenguy
A good and solid set of interim results !

Half Year Results for the Six Months ended 30 June 2021

Robust Trading, Digital Acceleration, Strategic Delivery

Fintel, the leading provider of fintech and support services to the UK Retail Financial Services sector, today announces its unaudited consolidated results for the six months ended 30 June 2021.

Financial highlights:

-- Solid Revenue growth - up 10% to £31.7m (H1'20: £28.9m)
-- Strong Adjusted EBITDA*(1) - up 12% to £8.3m (H1'20: £7.4m)
-- Solid adjusted EBITDA*(1) margin - up 60 bps to 26.1% (H1'20: 25.5%)
-- Adjusted PBT*(2) - up 12% to £6.0m (H1'20: £5.4m)
-- Adjusted EPS*(3) - down 2 % to 4.1p (H1'20: 4.2p ), after one off tax charges
-- Robust cash flow conversion*(4) of 81% (H1'20: 65%)
-- Strategic deleveraging - proforma net debt *(5) to EBITDA ratio of c. 0. 2x (H1'20: 1.5x)

Strategic Highlights

-- Strategic disposal of non-core Zest Technology
-- Strategic Technology and Distribution partnership with Tatton Asset Management
-- Strategic disposal of Verbatim Funds
-- Strategic launch of Distribution as a Service ("DaaS") Dividend

The Board intends to pay an interim dividend of 1.0p per share, on or around 4 November 2021.

Matt Timmins, Joint CEO of Fintel plc, commented: "I am delighted to report that Fintel delivered a robust financial performance in the first half of the year , and we remain confident of meeting our full year expectations. We have also made significant strategic progress in the period, signing our largest ever fintech contract in a partnership that includes the disposal of the Verbatim funds, and realised excellent value from the sale of Zest. The launch of "distribution as a service" is off to an excellent start. We have significant financial resources to match our ambitions for the business, both in terms of accelerating organic growth and creating value through acquisitions"
Posted at 23/3/2021 07:21 by masurenguy
Very solid set of results !

Full Year Results for the Twelve Months ended 31 December 2020

Resilient Trading, Robust Earnings, Strong Cash Flows and Digital Growth

Financial highlights:

-- Resilient revenues - GBP61.0m (FY19: GBP62.8m)
-- Stable operating profit - GBP11.4m (FY19: GBP12.0m)
-- Strong adjusted EBITDA*(1) - GBP17.3m (FY19: GBP17.7m)
-- Robust EBITDA*(1) margin - 28.4% (FY19: 28.2%)
-- Solid adjusted EPS *(2) - 11.3p (FY19: 12.9p)
-- Strong cash flow conversion*(3) of 69% (FY19: 46%)

Operational highlights:

-- Rapidly accelerated digital strategy
-- Good growth in core intermediary customers
-- Strong growth in fintech contracts and recommendations
-- Robust growth in Defaqto Fund Mappings
-- Resilience in mortgage completions
-- Strengthened management team

Dividend

The Board announces its intention to recommend a full year dividend of 2.85p per share. The Board also announces its intention to adopt a progressive dividend policy going forward, reflecting the strong underlying growth in the earnings and cashflows of the business.

Matt Timmins, Joint CEO of Fintel plc, commented: " We are delighted to report strong, resilient trading and substantial growth in our digital delivery during a challenging year. Rapid and ongoing digital acceleration enabled us to deliver resilient revenues with a strong adjusted EBITDA margin and adjusted earnings marginally ahead of our July 2020 guidance. Our speedy deployment of our proprietary technology enabled all our customers to continue to use our services digitally, without any disruption. Our continued strong cashflow enabled us to reduce net debt efficiently, whilst delivering an ambitious and exciting R&D programme for future growth. The importance and value of our embedded services for our customers enabled us to grow in our core membership services, Fintech contracts and recommendations. We were delighted to receive increased customer engagement and satisfaction in the year - something we never take for granted at Fintel. The quality and resilience of our mortgage adviser business enabled us to deliver modest year on year growth in lending volume, albeit with lower net fees due to product mix."

Your Recent History

Delayed Upgrade Clock