Fintel (FNTL) Q4 2025 TU earnings summary

Executive summary

• Achieved a transformational year with a new simplified operating structure, focusing on two divisions: Software & Data and Services.

• Full year results in line with Board expectations, with adjusted EBITDA slightly ahead of market expectations.

• Continued investment in technology, data, and digital compliance solutions, including the launch of Defaqto Matrix360 and Omnicore platform.

Financial highlights

• Revenue increased approximately 10% year-over-year to £85.9m (FY24: £78.3m).

• SaaS & Subscription revenue rose about 10% to £48.7m, representing 57% of total revenue.

• Adjusted EBITDA grew 17% to £25.9m (FY24: £22.2m).

• Net debt at £31.1m (FY24: £25.3m), with leverage at 1.2x (FY24: 1.1x).

• Strong balance sheet with £17.3m cash and £72.5m headroom in a £120m Revolving Credit Facility.

Outlook and guidance

• Entering 2026 with a strong position, simplified structure, and recurring-revenue model supporting organic growth.

• Acquisition of Pearson Ham's Market Pricing Business in January 2026 expected to be earnings accretive in FY26.

• Both divisions positioned to benefit from increased demand for technology, data, and regulatory support in the UK retail financial services market.