FDP.GB FD Technologies Plc

TIDMFDP

RNS Number : 3775H

FD Technologies PLC

06 April 2022

6 April 2022

FD Technologies plc

("FD Technologies" or the "Group")

Trading update

Delivering on accelerated growth strategy

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) today provides a trading update for the financial year ending 28 February 2022 in advance of full year results expected to be announced on 10 May 2022.

The Group expects to achieve its revenue and adjusted EBITDA guidance for the year. Delivery of the accelerated growth strategy announced in May 2021 remains on track, enabling KX to achieve its target of 25% growth in exit Annual Recurring Revenue, driven by increasing take-up of the KX Insights platform. Combined with the recent announcement of our strategic partnership with Microsoft means we have entered the new financial year in a position to build on this momentum.

Seamus Keating, CEO of FD Technologies, commented: "I am pleased with our financial performance and the execution of our accelerated growth strategy in what was a year of transformation for the Group. I'm excited by the opportunities across our business as we win new customers and continue to develop our offering to drive value, performance and returns."

Enquiries

For further information please contact:

 
FD Technologies plc                         +44(0) 28 3025 2242 
 Seamus Keating, Chief Executive Officer     www.fdtechnologies.com 
 Ryan Preston, Chief Financial Officer 
 Ian Mitchell, Head of Investor Relations 
 
Investec Bank plc (Nominated Adviser 
 and Broker) 
 Andrew Pinder 
 Carlton Nelson 
 Virginia Bull                              +44 (0) 20 7597 5970 
 
Goodbody (Euronext Growth Adviser and 
 Broker) 
 David Kearney 
 Don Harrington 
 Finbarr Griffin                            +353 1 667 0420 
 
J.P. Morgan Cazenove (Broker) 
 James A. Kelly 
 Mose Adigun                                +44 (0) 20 7742 4000 
 
  FTI Consulting (PR Adviser)               +44 (0) 20 3727 1000 
Matt Dixon 
Dwight Burden 
Elena Kalinskaya 
 

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, the leading technology for real-time continuous intelligence; First Derivative, which provides technology-led services in capital markets; and MRP, the only enterprise-class, predictive Accounts Based Marketing solution. FD Technologies operates from 15 offices across Europe, North America and Asia Pacific, and employs more than 3,000 people worldwide.

For further information, please visit www.fdtechnologies.com and www.kx.com

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April 06, 2022 02:00 ET (06:00 GMT)

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