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Software Circle Expands with Strategic Acquisition of BIS

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Software Circle Expands with Strategic Acquisition of BIS

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An update from Grafenia ( (GB:SFT) ) is now available.

Software Circle plc has acquired Broker Information Services Limited (BIS), a leading provider of client management and quotation software for financial brokers in Ireland, for €8.25 million. This acquisition, along with the recent purchase of Artificial Intelligence Finance Limited (AIF), forms the company’s first dedicated platform within a single vertical, enhancing its scale and diversification. The move is expected to be cash flow generative and earnings enhancing, providing opportunities for technology modernization and product expansion, ultimately aiming to deliver sustainable returns for shareholders.

The most recent analyst rating on (GB:SFT) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Grafenia stock, see the GB:SFT Stock Forecast page.

Spark’s Take on GB:SFT Stock

According to Spark, TipRanks’ AI Analyst, GB:SFT is a Neutral.

Grafenia’s overall stock score is primarily influenced by its financial performance and valuation. While there are positive trends in revenue growth and operational improvements, the company faces significant challenges with profitability and cash flow management. The technical analysis suggests a lack of strong momentum, and the valuation is unattractive due to a negative P/E ratio. These factors collectively result in a moderate stock score.

To see Spark’s full report on GB:SFT stock, click here.

More about Grafenia

Software Circle plc is a company focused on acquiring and operating Vertical Market Software businesses in the UK and Ireland. It aims to be a permanent home for software leaders, teams, and customers, providing mission-critical systems that are deeply embedded in the day-to-day workflows of users. The company supports organic growth and reinvests free cash flow into further value-accretive opportunities, maintaining an independent and entrepreneurial spirit.

Average Trading Volume: 119,749

Technical Sentiment Signal: Hold

Current Market Cap: £87.38M

See more data about SFT stock on TipRanks’ Stock Analysis page.

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