Alfa Financial Software on track after first half
By Josh White
Date: Wednesday 30 Jul 2025
(Sharecast News) - Alfa Financial Software reported strong revenue growth across all business segments in the first half of 2025 on Wednesday, and said it remained on track to meet full-year expectations, supported by a robust pipeline and continued demand for its upgraded Alfa Systems 6 platform.
Revenue for the six months ended 30 June rose 20% to £62.5m, or 22% at constant currency.
Second-quarter revenue reached £31.4m, up 18% year-on-year.
Subscription revenue rose 17% to £21.2m, while software engineering revenue surged 72% to £10.3m, reflecting a renewed focus on client-driven enhancement work after the prior year's internal platform investment.
Delivery revenue grew 10% to £31m.
The company's total contracted value stood at £211m at the end of June, up from £193m a year earlier.
"We are very pleased to have met our expectations for a very strong financial performance in the first half of 2025 with strong growth across all revenue streams," said chief executive Andrew Denton.
"We have made further investment into the product and our people to enhance our leading position in the market.
"Our delivery teams have continued to execute successfully and we remain confident in the strength of our pipeline - we are well positioned to achieve our expectations for the year."
Alfa said nine clients were now live on Alfa Systems 6, supporting both demand and ease of transition to the latest version.
Continued investment has focused on expanding capabilities in areas such as originations, fleet, and commercial loans.
The company also reported that its late-stage pipeline includes seven active prospects, with Alfa named as preferred supplier in six of them.
Work had already started under letters of engagement for all six.
One prospect exited the late-stage pipeline after choosing to extend support for their legacy system.
Alfa said it would report its full interim results on 4 September.
At 1340 BST, shares in Alfa Financial Software Holdings were up 8.45% at 237.5p.
Reporting by Josh White for Sharecast.com.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN