Funding Circle Holdings (FCH)

Sector:

Financials

Index:

FTSE Small Cap

107.40p
   
  • Change Today:
    -1.80p
  • 52 Week High: 146.00
  • 52 Week Low: 82.40
  • Currency: UK Pounds
  • Shares Issued: 312.04m
  • Volume: 262,253
  • Market Cap: £335.13m
  • RiskGrade: 286

Funding Circle flags solid second half in line with forecasts

By Josh White

Date: Tuesday 14 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Small-to-medium enterprise lending platform Funding Circle reported a solid second-half performance in a trading update on Tuesday, in line with expectations.
The London-listed group confirmed that it anticipated delivering positive profit before tax for the full year, consistent with its upgraded guidance issued in September.

It also reiterated its commitment to achieving its medium-term financial goals.

In October, the board launched a £25m share buyback programme, with £10m of ordinary shares repurchased and cancelled to date.

The board said the buyback was expected to conclude by the second quarter.

Its full-year results for 2024 were scheduled to be released on 6 March.

"Last March we set out a plan to be a simpler, leaner and profitable business whilst continuing to show strong growth," said chief executive officer Lisa Jacobs.

"We successfully completed the sale of the US business in July, have simplified the UK business and delivered on our upgraded guidance.

"We enter 2025 well-placed to make further progress against our medium-term plan and help get finance to even more SMEs."

At 0925 GMT, shares in Funding Circle Holdings were flat at 117.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FCH Market Data

Currency UK Pounds
Share Price 107.40p
Change Today -1.80p
% Change -1.65 %
52 Week High 146.00
52 Week Low 82.40
Volume 262,253
Shares Issued 312.04m
Market Cap £335.13m
RiskGrade 286

FCH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.01% below the market average73.01% below the market average73.01% below the market average73.01% below the market average73.01% below the market average
67.68% below the sector average67.68% below the sector average67.68% below the sector average67.68% below the sector average67.68% below the sector average
Price Trend
35.39% above the market average35.39% above the market average35.39% above the market average35.39% above the market average35.39% above the market average
26.42% above the sector average26.42% above the sector average26.42% above the sector average26.42% above the sector average26.42% above the sector average
Income
56.99% below the market average56.99% below the market average56.99% below the market average56.99% below the market average56.99% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Growth
2.43% below the market average2.43% below the market average2.43% below the market average2.43% below the market average2.43% below the market average
5.49% below the sector average5.49% below the sector average5.49% below the sector average5.49% below the sector average5.49% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FCH Dividends

No dividends found

Trades for 30-May-2025

Time Volume / Share Price
16:35 94,474 @ 107.40p
16:35 1,071 @ 107.40p
16:35 256 @ 107.40p
16:35 506 @ 107.40p
16:35 619 @ 107.40p

FCH Key Personnel

Chair Andrew Learoyd
CEO Lisa Jacobs
CFO Tony Nicol

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