REG - FD Technologies PLC - Trading update

FD TechnologiesAnnouncement

06/04/2022 07:01

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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                               +44(0) 28 3025 2242

 Seamus Keating, Chief Executive Officer           www.fdtechnologies.com (http://www.firstderivatives.com)

 Ryan Preston, Chief Financial Officer

 Ian Mitchell, Head of Investor Relations

 Investec Bank plc (Nominated Adviser and Broker)  +44 (0) 20 7597 5970

 Andrew Pinder

 Carlton Nelson

 Virginia Bull

 Goodbody (Euronext Growth Adviser and Broker)     +353 1 667 0420

 David Kearney

 Don Harrington

 Finbarr Griffin

 J.P. Morgan Cazenove (Broker)                     +44 (0) 20 7742 4000

 James A. Kelly

 Mose Adigun
                                                   +44 (0) 20 3727 1000

 FTI Consulting (PR Adviser)
 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
(http://www.fdtechnologies.com) and www.kx.com (http://www.kx.com)

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