Financial services company Fintel has declared 2025 a "defining" year after releasing accounts showing a substantial increase in revenues and profits. The Huddersfield-based firm announced its results for the year, highlighting robust growth across key metrics.
Impressive Financial Performance
Fintel's turnover surged from £78.3 million to £85.9 million, marking an increase of nearly 10%. Operating profit also saw a notable rise, reaching £12.5 million. The company attributed part of this success to its software-as-a-service (SaaS) and subscription revenue, which grew by 9.6% to £48.7 million.
Strategic Acquisition Boosts Results
A key driver of Fintel's performance was the acquisition of Rayner Spencer Mills Research during the year. This strategic move contributed £3.4 million in revenue and £1.1 million in EBITDA to the overall results. The company's EBITDA margin improved to 30.1%, reflecting enhanced operational efficiency.
Strong Financial Position and Future Outlook
Despite an increase in net debt to £31.1 million, Fintel maintains a solid balance sheet with £17.3 million in cash and £72.5 million of available headroom within its credit facility. This financial flexibility supports opportunities for further organic and inorganic investments.
CEO Matt Timmins emphasized the transformative nature of the year, stating: "2025 has been a defining year for Fintel, creating a simpler, more unified and scalable platform that sets the foundation for the next phase of our growth." He highlighted the company's unique position in the UK retail financial services market, driven by technology, data, and regulatory changes.
Timmins added: "Looking ahead, our ambition is clear: to build the most connected, insight-rich and intelligent platform in the sector, enabling better decisions and better outcomes across the entire advice ecosystem." The company has entered the new financial year with strategic momentum, high recurring revenues, and a stronger platform for growth.
Dividend Increase and Shareholder Value
Fintel is proposing to pay a final dividend of 2.5 pence per share, resulting in a full-year dividend of 3.8 pence per share. This represents a 4.1% increase compared to the previous year, underscoring the firm's commitment to delivering value to shareholders.
The company reported a strong start to FY26, with trading aligned with board expectations. Fintel is poised to accelerate its strategy to provide long-term value for advisers, partners, and shareholders, leveraging its market-leading software and proprietary datasets.
