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Added to YB: 2025-01-15

Pitch date: 2025-01-15

FIN.L [bullish]

Finseta Plc

-64.47%

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 0.38

Price Target

70.00 (+51752%)

Dividend

N/A

EV/EBITDA

25.71

P/E

38.63

EV/Sales

1.07

Sector

Financial Services

Category

growth

Show full summary:
Finseta Plc (FIN.L) Poised for Strong Growth with Forecasted 60% EBITDA Increase

FIN.L: B2B forex solutions for SMEs/HNWIs. FY'24: EBITDA £2.0m (+18% YoY), revenue £11.4m (+19% YoY), 65.5% margins. Active accounts +16.8%. FY'25 forecast: EBITDA £3.2m (+60%), revenue £14.1m (+26%). Trading at 7.6x FY'25 EV/EBITDA. Long-term goal: £100m+ revenue via expansion & M&A. Strong start to January.

Read full article (2 min)