Alfa Financial Software Holdings First Half 2024 Earnings: EPS: UK£0.041 (vs UK£0.045 in 1H 2023)

Alfa Financial Software Holdings (LON:ALFA) First Half 2024 Results

Key Financial Results

• Revenue: UK£52.3m (down 1.1% from 1H 2023).
• Net income: UK£11.9m (down 11% from 1H 2023).
• Profit margin: 23% (down from 25% in 1H 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: UK£0.041 (down from UK£0.045 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alfa Financial Software Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are up 12% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Alfa Financial Software Holdings, and understanding this should be part of your investment process.

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