Fintel (FNTL) H1 2026 TU earnings summary

Executive summary

• Delivered strong organic growth in core Software, Data, and Distribution activities for H1 2026, with double-digit adjusted EBITDA growth and expanding recurring revenues.

• Executed strategic priorities by enhancing technology and data capabilities, simplifying the business, and focusing on higher-margin activities.

Financial highlights

• Organic adjusted EBITDA grew 11.2% year-over-year to £11.8m (H1 2025: £10.6m).

• Organic revenue increased 2.0% to £37.4m, driven by Software and Data (+2.9%) and Services (+1.1%).

• Total continuing revenue rose to £38.6m (H1 2025: £36.7m) after acquisitions and disposals.

• SaaS & Subscription revenue for continuing business up 7.9% to £26.1m.

• Net debt at £38.2m, leverage at 1.4x, with £7.3m cash and £76.5m headroom in a £120m revolving credit facility.

Outlook and guidance

• Trading for the year ending 31 December 2026 remains in line with Board expectations, supported by strong recurring revenues and positive structural growth drivers.