Hardman & Co complete research on Finseta

Finseta is experiencing strong growth, benefiting particularly from favourable underlying market trends and from the expansion of its Asia-focused operations during FY21. The trading update for FY21 to end-December confirms strong revenue momentum (38% year-on-year growth) and an emphatic 21.7% point YoY uplift in gross margin. The margin uplift was driven by higher customer revenue through direct channels (c.56% of total revenue in FY21), versus the indirect introducer network, although all channels saw growth. With a coherent product development roadmap in place and a strong pipeline of acquisitions, Finseta should continue to deliver solid growth over the medium term.

Please click on the link below for the full report:

You can find out more about investment in Finseta PLC at our Online Investor Centre.

Latest Blog Posts:

Peso currencies around the world

Peso currencies around the world

The origins of the Peso date back to the early Spanish Empire when the 8-real silver coin became known as a Peso.  The word literally means ‘weight’ in Spanish. The Peso is the name for many historic and current currencies in parts of the world that were once colonised by Spain.…

How the World Bank works

How the World Bank works

Most people have heard of the World Bank, but many don’t know exactly what it does. In the below article, we’ll look at its history and its role in today’s global economy. The agreement setting up the World Bank was signed here at the Mt. Washington Hotel in Bretton Woods,…

Kroner currencies around the world

Kroner currencies around the world

Krone/Kroner/Krona is a Nordic translation of the Latin word ‘Corona’ which means Crown. This has been the name for multiple historic currencies in Scandinavia.  Currently, Denmark, Norway, Sweden and Iceland all use a form of this word as their currencies name. There is also a variation, Koruna, which is the name of the currency…

1 6 7 8 9 10 26

Discover more from Finseta

Subscribe now to keep reading and get access to the full archive.

Continue reading

Sonny Hellmers

Senior currency specialist