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Alfa Financial Software Achieves Record Growth and Strong Market Positioning in 2024

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Alfa Financial Software plc ( (GB:ALFA) ) just unveiled an announcement.

Alfa Financial Software Holdings PLC reported a record-breaking year with a Total Contract Value (TCV) of £221.3 million, marking a 34% increase from the previous year. The company saw significant growth in subscription revenues, which rose by 18%, and announced a 15% increase in total dividends. The successful launch of Alfa Systems 6 and a robust sales pipeline have positioned the company for continued growth, with expectations of double-digit revenue growth in 2025. Alfa’s strategic shift towards a SaaS subscription model and diversification of its customer base have strengthened its market position and operational performance.

More about Alfa Financial Software plc

Alfa Financial Software Holdings PLC is a prominent developer of software solutions for the asset finance industry. Their flagship product, Alfa Systems, is a SaaS platform that supports automotive, equipment, and wholesale finance operations globally, trusted by major brands for managing complex portfolios. Alfa has been a leader in technology for the asset finance and leasing industry since 1990, with a strong presence in Europe, Australasia, and the Americas.

YTD Price Performance: 4.20%

Average Trading Volume: 517,440

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £668.7M

Find detailed analytics on ALFA stock on TipRanks’ Stock Analysis page.

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