Source - LSE Regulatory
RNS Number : 3775H
FD Technologies PLC
06 April 2022
 

 


 

6 April 2022

FD Technologies plc

("FD Technologies" or the "Group")

 

Trading update

 

Delivering on accelerated growth strategy

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) today provides a trading update for the financial year ending 28 February 2022 in advance of full year results expected to be announced on 10 May 2022.

The Group expects to achieve its revenue and adjusted EBITDA guidance for the year. Delivery of the accelerated growth strategy announced in May 2021 remains on track, enabling KX to achieve its target of 25% growth in exit Annual Recurring Revenue, driven by increasing take-up of the KX Insights platform. Combined with the recent announcement of our strategic partnership with Microsoft means we have entered the new financial year in a position to build on this momentum.

Seamus Keating, CEO of FD Technologies, commented: "I am pleased with our financial performance and the execution of our accelerated growth strategy in what was a year of transformation for the Group. I'm excited by the opportunities across our business as we win new customers and continue to develop our offering to drive value, performance and returns."

Enquiries

For further information please contact:

 

FD Technologies plc

Seamus Keating, Chief Executive Officer

Ryan Preston, Chief Financial Officer

Ian Mitchell, Head of Investor Relations

+44(0) 28 3025 2242

www.fdtechnologies.com



Investec Bank plc (Nominated Adviser and Broker)

Andrew Pinder

Carlton Nelson

Virginia Bull

+44 (0) 20 7597 5970



Goodbody (Euronext Growth Adviser and Broker)

David Kearney

Don Harrington

Finbarr Griffin

+353 1 667 0420



J.P. Morgan Cazenove (Broker)

James A. Kelly

Mose Adigun

+44 (0) 20 7742 4000

 

FTI Consulting (PR Adviser)

+44 (0) 20 3727 1000

Matt Dixon


Dwight Burden


Elena Kalinskaya


 

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, the leading technology for real-time continuous intelligence; First Derivative, which provides technology-led services in capital markets; and MRP, the only enterprise-class, predictive Accounts Based Marketing solution. FD Technologies operates from 15 offices across Europe, North America and Asia Pacific, and employs more than 3,000 people worldwide.

For further information, please visit www.fdtechnologies.com and www.kx.com 

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