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Alfa Financial Software (ALFA) investor relations material
Alfa Financial Software Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached £65.1m, up 4% year-over-year, with Q2 revenue at £33.2m, a 6% increase year-over-year.
Strong growth in total contract value (TCV), up 17% year-over-year to £247.0m, driven by new customer wins, including a major European automotive manufacturer.
Operational execution remained strong, with two go-lives in H1, including a significant Alfa Cloud implementation for a US Auto Finance customer.
Financial highlights
Subscription revenues rose 14% year-over-year to £24.1m.
Delivery revenues increased 5% to £32.4m, while Software Engineering revenues declined 17% to £8.6m due to reduced client-led enhancement work.
One-off costs of £1.6m were incurred in H1 due to 31 non-voluntary departures, mainly from Product Engineering.
Outlook and guidance
On track to meet full-year expectations, with strong TCV growth and a robust late-stage pipeline of nine prospects.
Cost savings from H1 restructuring expected to have a favorable impact on operating profit for 2026 and a more significant benefit in 2027.
- Q1 2026 revenue up 3% to £31.9m, with robust pipeline and new Canadian contract win.ALFA
Q1 2026 TU - Revenue up 17% with strong subscription growth, high cash conversion, and positive 2026 outlook.ALFA
H2 2025 - FY25 revenue and profit outperformed expectations, with strong growth and a robust outlook.ALFA
Q4 2025 TU - Q3 revenue up 12% and profit outlook raised, driven by strong pipeline and cost control.ALFA
Q3 2025 TU - 22% revenue growth, 17% subscription increase, strong margins, and special dividend declared.ALFA
H1 2025 - H1 2025 revenue rose 20% year-over-year, with strong pipeline and product demand.ALFA
H1 2025 TU - Record TCV, SaaS-led growth, and high margins support an upgraded full-year outlook.ALFA
H1 2024 - FY24 profit and TCV surged, with strong Q4 growth and Alfa Systems 6 boosting global sales.ALFA
Q4 2024 TU - Record TCV and 18% subscription growth set the stage for double-digit gains in 2025.ALFA
H2 2024
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