Take a trial of UK to unlock this pageFind out more

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value

Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 28th Feb 2009 2010 2011 2012 2013 2014 TTM 2015E 2016E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 13th Nov, paid: 5th Dec more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +26.6%

FINANCIAL BRIEF: For the six months ended 31 August 2014, First Derivatives plc revenues increased 9% to L37.5M. Net income increased 21% to L2.9M. Revenues reflect Consulting Division segment increase of 19% to L27.7M, United Kingdom segment increase of 39% to L17M, America segment remaining flat at L12.7M. Net income benefited from Loss on foreign currency translation increase from L250K (expense) to L12K (income), Other income increase of 38% to L938K (income). more »

Health Trend

Bankruptcy Risk

  Earnings Manipulation Risk

Magic Formula Score

Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %

Recent History
Latest interim period (ended 31st Aug '14) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
28th Feb 2015
28th Feb 2016

Price Target: 17.0 (+48.71% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
4 brokers Broker Consensus Trend
Broker Recommendations for First Derivatives
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 0 1 3

Named Brokers and Analysts
Arden Partners Paul Morland , Panmure Gordon Adam Lawson , Goodbody Stockbrokers Rachael Cairns , Charles Stanley Securities , Sanlam Securities UK Roger Phillips ,

Profile Summary

First Derivatives plc is engaged in the provision of software and consulting services to the investment bank market, the derivatives technology industry, the foreign exchange market and the provision of technology sales services to the information technology (IT) sector. The Company operates in two segments: consulting activities, which include services to capital markets, and software activities, which includes the sale of intellectual property and related services. Its software products are developed on the common Delta technology platform. Its legal services initiative provides resources to banks in areas, such as non-core asset disposal, regulatory compliance and securitization. The Company products include delta flow, delta stream, delta surveillance, data as a service, delta Algo, delta data factory, delta dashboards and delta monitoring. As on 27 September, 2012, the company obtained control of Redshift Horizons Limited, Cowrie Financial Limited and Redshift Horizons LLP.

Directors: Brian Conlon (CEO) , Robert Ferguson (CFO) , J. J. Kearns (SEC) , Seamus Keating (NEC) , R. David Anderson (NED) , Virginia Gambale (NED) 55, Joseph MacDonald (NED) ,

No. of Employees: 900 No. of Shareholders: 0

Last Annual February 28th, 2014
Last Interim August 31st, 2014
Shares in Issue 21,601,584
Free Float 12.1m (56.2%)
Sector Technology
Industry Software & IT Services
Index FTSE Intl-aim All Share , FTSE Intl-aim 100 , FTSE Intl-aim UK 50 ,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

FDP Share Price Performance FDP Quote
6.0  0.5%
Traded 4:35pm · Minimum 15 min delayed · NMS: 0.300k

Latest FDP News Announcements (delayed)

Upcoming FDP Events
Monday 18th May, 2015 (estimate)
Full Year 2014 First Derivatives PLC Earnings Release
Friday 26th June, 2015 (estimate)
First Derivatives PLC Annual Shareholders Meeting

Recent ↓
Tuesday 3rd March, 2015
First Derivatives PLC Ordinary Shareholders Meeting
Thursday 12th February, 2015
First Derivatives PLC Secondary Public Offering Pricing
Thursday 13th November, 2014
Dividend For FDP.L
Wednesday 5th November, 2014
Half Year 2014 First Derivatives PLC Earnings Presentation (London)
Wednesday 5th November, 2014
Half Year 2014 First Derivatives PLC Earnings Release
Thursday 2nd October, 2014
Half Year 2014 First Derivatives PLC Trading Statement
Tuesday 16th September, 2014
First Derivatives PLC at Canaccord Genuity Digital Finance and Money Conference
Thursday 26th June, 2014
First Derivatives PLC Annual Shareholders Meeting
Wednesday 18th June, 2014
Dividend For FDP.L
Tuesday 20th May, 2014
Preliminary 2013 First Derivatives PLC Earnings Presentation (London)

Use of our data service is subject to express Terms of Service. Please see our full site disclaimer for more details. In particular, it is very important to do your own research (DYOR) and seek professional advice before making any investment based on your own personal circumstances. Please note that the information, data and analysis contained within this stock report: (a) include the proprietary information of Stockopedia's third party licensors and Stockopedia; (b) should not be copied or redistributed except as specifically authorised; and (c) are not warranted to be complete, accurate or timely. You should independently research and verify any information that you find in this report. Stockopedia will not be liable in respect of any loss, trading or otherwise, that you may suffer arising out of such information or any reliance you may place upon it. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. © Stockopedia 2015.

Should you buy FDP

Access FDP Analytics Now!