Fintel has reported an 11.2% rise in organic adjusted EBITDA to £11.8m for the six months ended 30 June 2026.
The financial technology and support services provider said the performance, up from £10.6m in the first half of 2025, was in line with the board’s expectations.
Organic revenue increased by 2% from £36.7m to £37.4m. Software and Data revenue grew by 2.9%, from £18.4m to £18.9m, while Services revenue rose by 1.1%, from £18.3m to £18.5m.
Total continuing revenue reached £38.6m, compared with £36.7m a year earlier, following the acquisition of Pearson Ham’s market pricing business and the disposal of Gateway Surveying Services and APS Legal & Associates in April.
SaaS and subscription revenue from the continuing business increased by 7.9% to £26.1m, from £24.2m. Fintel ended the period with £7.3m in cash and £76.5m of headroom within its £120m revolving credit facility.
Net debt stood at £38.2m, representing leverage of 1.4 times, after investment in acquisitions, staff, products and services.
During the half year, Fintel launched Omnicore, a whole-of-market distribution platform intended to broaden access to the mortgage and protection markets. It also introduced Trust, an artificial intelligence-enabled compliance and oversight service for its intermediary customers.
The company said its Defaqto Matrix360 platform now served 26 institutional insurance customers. Its acquisition of Pearson Ham’s market pricing business, completed in January, added to its data and market intelligence operations.
The disposals of Gateway Surveying Services and APS Legal & Associates were intended to concentrate the group on its higher-margin software, data and services activities.
Matt Timmins, chief executive of Fintel, said: “We have delivered a strong first half performance, with organic growth across our core Software, Data and Distribution activities, continued expansion in recurring revenues and double-digit EBITDA growth.
“Alongside this, we have continued to execute our strategic priorities, strengthening our technology and data capabilities and simplifying the Group to create a focused quality business. We remain confident in delivering further strategic and financial progress in 2026.”
