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IN BRIEF: Fintel shares rise on strong trading performance

17th May 2022 11:25

Fintel PLC - Huddersfield, England-based technology and support for retail financial services sector - Reports "strong" year to date trading, with its performance in line with expectations. Achieves increase in software-as-a-service and subscription revenue through the conversion of annual managed services deals to multi-year distribution-as-a-service deals. Reports multiplied net cash position of GBP7.8 million as of April 30 from GBP2.6 million as of December 31.

Current stock price: 210.00 pence, up 7.7% on Tuesday

12-month change: down 6.7%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Fintel
FTSE 100 Latest
Value8,809.74
Change53.53