UK's Funding Circle FY 2025 revenue rises on SME engagement, product expansion

Funding Circle Holdings

05/03/2026 08:32

Overview

UK SME finance platform's FY 2025 revenue rose 28% to £204.3m

Profit before tax increased significantly to £20.3m, demonstrating strong operating leverage

Company upgraded FY26 guidance and set new medium-term targets

Outlook

Funding Circle upgrades FY26 revenue guidance to c.£235 mln

Company expects FY26 PBT of at least £35 mln

Funding Circle targets FY29 revenue of £300 mln–£350 mln

Result Drivers

CREDIT EXTENSION - Co reported a 29% increase in credit extended, driven by deeper SME engagement and multi-product expansion

AI AND TECHNOLOGY - AI-powered credit models and differentiated technology enhanced customer experience and risk assessment

TERM LOANS - Term loans originations grew 16% due to product innovation and borrower demand, improving profitability and margins

Company press release: ID:nGNEXb3lN

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Total Income
GBP 204.3 mln
FY Net Income
GBP 46 mln
FY Pretax Profit
GBP 20.3 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for Funding Circle Holdings PLC is GBp190.00, about 30.1% above its March 4 closing price of GBp146.00

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)