Added to YB: 2025-04-22
Pitch date: 2025-03-03
FIN.L [bullish]
Finseta Plc
-65.76%
current return
Author Info
No bio for this author
Company Info
Finseta Plc, a financial technology company, engages in the provision of multi-currency accounts to businesses and individuals in the United Kingdom and internationally.
Market Cap
GBP 7.9M
Pitch Price
GBP 0.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.14
P/E
-5.85
EV/Sales
0.69
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.
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