Picture of Integrafin Holdings logo

IHP Integrafin Holdings News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsAdventurousMid CapNeutral

REG - IntegraFin Holdings - Q4 Trading Update

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251014:nRSN1689Da&default-theme=true

RNS Number : 1689D  IntegraFin Holdings plc  14 October 2025

 

LEI Number: 213800CYIZKXK9PQYE87

 

14 October 2025

 

IntegraFin Holdings plc

 

Q4 Trading Update

 

Strong Q4 net inflows consolidates excellent flows performance throughout FY25

 

IntegraFin Holdings plc ("IHP" or the "Group"), operator of Transact, the UK's
premium investment platform for clients and UK financial advisers, is pleased
to update on performance for the three months ended 30 September 2025.

 

Group highlights

 

·      Strong Q4 FY25 net inflows to the Transact platform of £1.0bn
(Q4 FY24: £0.8bn).

 

·     Record quarter end funds under direction (FUD) on the Transact
platform of £74.2bn, up 16% over the past year (FY24: £64.1bn).

 

·      Average daily FUD on the platform of £71.9bn in Q4 FY25 (Q4
FY24: £63.0bn).

 

·      Total FY25 Group revenue expected to be up 8% at c.£156.8m
(FY24: £144.9m).

 

·    Very strong total net inflows of £4.4bn in FY25, up 76% on the
prior year (FY24: £2.5bn), representing 6.8% of opening FUD.

 

Outlook and guidance

·    Transact is extremely well positioned to continue to attract and grow
a strong share of adviser platform market net inflows in FY26 and beyond.

 

·      We reiterate the revenue margin guidance that we announced in
July:

o  In FY26 we expect the reduction in platform revenue margin to slow, with
any decrease driven by the impact of positive market movements as client FUD
moves into lower charging bands.

 

·    The Group-wide cost review announced in July is progressing well. A
further update on the business efficiencies and productivity opportunities
identified will be provided at the FY25 results in December.

 

·      We also reiterate the previous updated cost guidance that we
announced in July:

o FY25 remains unchanged at c.9% cost growth for total underlying
administrative expenses.

o  FY26 and FY27 total underlying administrative expenses cost growth
expected to slow to low single digit percentage as a result of our rigorous
cost initiatives and operational leverage.

 

·    A combination of the revenue growth fundamentals and the
implementation of the cost review puts the Group in a strong position to
accelerate profit growth in the coming years.

 

 

Alex Scott, IHP Group Chief Executive Officer, commented:

 

"IHP had a strong final quarter, continuing excellent net flow momentum for
the Transact platform over the year. Net inflows in Q4 FY25 were up 28% year
on year, bringing total FY25 net inflows to £4.4bn - an impressive 76%
increase on FY24.

 

Q4 FY25 marked another consecutive quarter of gross inflows over £2bn,
delivering our highest ever gross inflows in a financial year. The sustained
strength of our gross inflows has been the main driver of our excellent net
inflows momentum throughout the year, whilst outflows have remained stable.
This has been driven by the enhancements we have made to our proprietary
technology, particularly through the development of new APIs for the Transact
platform. These ongoing enhancements will continue to broaden the appeal of
the Transact platform to clients and advisers.

 

The Group-wide cost review is ongoing, and we have identified efficiency and
productivity improvements which, when implemented, will deliver future cost
savings and accelerate future earnings growth. We look forward to providing
more information on the outcome of the cost review at the FY25 results in
December 2025.

 

We continue to make financial planning easier by developing our proprietary
technology adviser platform and enabling a more integrated ecosystem for
clients and advice firms. This puts us in a strong position to deliver growing
operating returns and to take advantage of the compelling opportunities
present in the UK advice market."

 

Notice of full year results

 

The Group will announce its results for the year ended 30 September 2025 on 17
December 2025.

 

 

Transact platform reporting for Q4 FY25:

 

                                         Quarter ended 30 September 2025  Quarter ended 30 September 2024  Financial year ended 30 September 2025  Financial year ended 30 September 2024

 £m
 Opening FUD                             69,537                           62,420                           64,065                                  54,959
 Inflows                                 2,510                            2,162                            10,102                                  8,104
 Outflows                                -1,498                           -1,370                           -5,750                                  -5,595
 Net flows                               1,012                            792                              4,352                                   2,509
 Market movements                        3,639                            838                              5,726                                   6,565
 Other movements((1))                    -15                              15                               30                                      32
 Closing FUD                             74,173                           64,065                           74,173                                  64,065
 Average daily FUD for the period (£m)   71,942                           63,044                           67,856                                  59,628
 Number of platform clients              246,191                          234,998                          246,191                                 234,998

 

Notes:(1)Includes fees, taxes and investment income

 

 

 

 

Transact platform historical information:

 £m                                      Q1 FY24  Q2 FY24  Q3 FY24  Q4 FY24  Q1 FY25  Q2 FY25  Q3 FY25  Q4 FY25
 Opening FUD                             54,959   58,010   61,020   62,420   64,065   65,880   65,896   69,537
 Inflows                                 1,657    2,268    2,017    2,162    2,418    2,692    2,482    2,510
 Outflows                                -1,389   -1,478   -1,358   -1,370   -1,498   -1,483   -1,271   -1,498
 Net flows                               268      790      659      792      920      1,209    1,211    1,012
 Market movements                        2,786    2,196    745      838      880      -1,213   2,420    3,639
 Other movements((1))                    -3       24       -4       15       15       20       10       -15
 Closing FUD                             58,010   61,020   62,420   64,065   65,880   65,896   69,537   74,173
 Average daily FUD for the period (£m)   55,474   58,567   61,435   63,044   65,462   67,148   66,847   71,942
 Number of platform clients((2))         231,413  231,581  234,084  234,998  237,978  241,197  244,734  246,191

 

Notes:

(1) Includes fees, taxes and investment income.

(2) During Q4 FY25, our recurring account closure exercise for clients with
small residual balances led to a reduction of c.1.3k clients and a reduction
in FUD of less than £12k, helping improve operational efficiency.

 

 

 

 Enquiries:
 Investors
 Luke Carrivick, Investor Relations Director  +44 020 7608 5463
 Media
 IHP@fgsglobal.com
 FGS Global: Mike Turner                      +44 7775992415
 FGS Global: Chris Sibbald                    +44 7855955531

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTBUBDGXUBDGUX



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Integrafin Holdings

See all news