November 17, 2021
Markets

Alpha Financial Markets Consulting PLC has “a very strong pipeline of new business”

“We look forward to the future with confidence as the business continues to grow and we explore new revenue streams,” said Euan Fraser, the global chief executive officer of Alpha.

Alpha Financial Markets Consulting PLC (LON:AFM) said its performance during the pandemic has demonstrated it can thrive, “even in the face of extraordinary challenges”.

The group, which provides specialist consultancy services to the financial sector, said in its full-year results statement that it enters the current financial year in robust health with substantially increased cash resources and an excellent pipeline of new business opportunities under discussion.

As for the year just ended (to March 31), revenue increased by 7.9% to £98.1mln from £90.9mln the year before while net fee income rose 10.2% to £98.0mln from £88.9mln.

Adjusted underlying earnings (EBITDA) jumped 7.2% to £21.7mln…

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