First Derivatives Business Diversification Bodes Well for Fiscal 2016
- The company reported its preliminary earnings figures for the year ending on February 28, 2015, with revenues rising 19%
One of the leading providers of software and consultation services for the financial industry, First Derivatives PLC, has announced its preliminary results for the fiscal year ending on February 28th, 2015.
The company reported that its revenues have increased by 19 percent to £83.2 million ($126.6 million). Increased margins from the company’s operations have contributed to a rise in EBITDA totaling 24 percent ending up at £15.5 million ($23.6 million). Profit before tax has increased by 120% year-on-year to £17.5 million ($26.6 million).
The adjusted EPS per share totaled 38.8 pence, which is higher by 13 percent when compared to fiscal 2014. The full year dividend has also increased to 13.5p per share, which is up by 11 percent when compared to the previous year.
The preliminary report highlights observations over the past several months in the strategic divestment undertaken by First Derivatives PLC. The majority stake purchase in Kx Systems has expanded the operations of the company into the big data space.
Earlier, the firm announced the Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Prelytix LLC, which was leading the efforts into Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term technology.
Chairman of FD, Seamus Keating, commented in the announcement, “This was a very successful year for FD, with the purchase of a majority stake in Kx Systems enabling the Group to broaden its strategy. The subsequent investment across the business, including three strategic acquisitions in 2015, positions FD as a leading player in Big Fast Data across multiple vertical markets.”
“This has been achieved while maintaining a strong focus on current trading, with a strong second half performance from both our consulting and software activities enabling the Group to report record results for FY 2015 and upgrade expectations for the current financial year. We will continue to invest to maximize the growth potential of the business and view the future with confidence,” he concluded.
One of the leading providers of software and consultation services for the financial industry, First Derivatives PLC, has announced its preliminary results for the fiscal year ending on February 28th, 2015.
The company reported that its revenues have increased by 19 percent to £83.2 million ($126.6 million). Increased margins from the company’s operations have contributed to a rise in EBITDA totaling 24 percent ending up at £15.5 million ($23.6 million). Profit before tax has increased by 120% year-on-year to £17.5 million ($26.6 million).
The adjusted EPS per share totaled 38.8 pence, which is higher by 13 percent when compared to fiscal 2014. The full year dividend has also increased to 13.5p per share, which is up by 11 percent when compared to the previous year.
The preliminary report highlights observations over the past several months in the strategic divestment undertaken by First Derivatives PLC. The majority stake purchase in Kx Systems has expanded the operations of the company into the big data space.
Earlier, the firm announced the Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Prelytix LLC, which was leading the efforts into Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term technology.
Chairman of FD, Seamus Keating, commented in the announcement, “This was a very successful year for FD, with the purchase of a majority stake in Kx Systems enabling the Group to broaden its strategy. The subsequent investment across the business, including three strategic acquisitions in 2015, positions FD as a leading player in Big Fast Data across multiple vertical markets.”
“This has been achieved while maintaining a strong focus on current trading, with a strong second half performance from both our consulting and software activities enabling the Group to report record results for FY 2015 and upgrade expectations for the current financial year. We will continue to invest to maximize the growth potential of the business and view the future with confidence,” he concluded.