Added to YB: 2025-04-22
Pitch date: 2025-03-03
FIN.L [bullish]
Finseta Plc
-59.09%
current return
Author Info
No bio for this author
Company Info
Finseta Plc, a foreign exchange and payment company, engages in the provision of multi-currency accounts to businesses and individuals.
Market Cap
GBP 12.9M
Pitch Price
GBP 0.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.71
P/E
38.63
EV/Sales
1.07
Sector
Financial Services
Category
growth
Finseta Plc - $FIN.L
FIN.L: UK FX/payments platform for HNWIs/SMEs via proprietary cloud system. Revenue 2021-2024: £2.3M→£11.3M, margins 51.6%→65.5%. Mgmt targets £100M rev (9x) with 30-40% EBITDA by 2030. Differentiated by introducer network vs direct marketing. Trades 9.7x 2024 EV/EBITDA despite 25%+ growth runway. 32% insider ownership. Dubai/Toronto offices, HK 2025.
Read full article (5 min)