Alfa Financial Software (ALFA) H1 2025 TU earnings summary

Executive summary

• Achieved strong trading performance in H1 2025, meeting expectations and positioning for full-year targets.

• Continued investment in product development and talent to maintain market leadership.

• Robust pipeline with high conversion rates and ongoing client engagement.

Financial highlights

• Q2 revenue reached £31.4m, up 18% year-over-year, or 22% at constant currency.

• H1 revenue totaled £62.5m, a 20% increase year-over-year, or 22% at constant currency.

• Subscription revenues in H1 were £21.2m, up 17% year-over-year.

• Software Engineering revenues rose 72% to £10.3m versus H1 last year.

• Delivery revenues grew 10% to £31.0m compared to H1 last year.

Outlook and guidance

• On track to meet full-year expectations, supported by a strong pipeline and client demand.

• Confidence in continued growth and market leadership through ongoing product and operational investments.