Alpha Financial Markets Consulting (AFM)

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FTSE AIM 100

 199.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 252.00
  • 52 Week Low: 97.50
  • Currency: UK Pounds
  • Shares Issued: 100.85m
  • Volume: 18,163
  • Market Cap: £200.69m
  • RiskGrade: 161

Alpha FMC reports 'exciting potential' and expects to outperform last year

By Duncan Ferris

Date: Thursday 11 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Alpha Financial Markets Consulting reported that both revenue and adjusted EBITDA are expected to be ahead of the last financial year and in-line with current full year market expectations in its pre-close trading update on Thursday.
The global consulting company reported a 51.5% increase in revenue to £66.0m alongside an adjusted EBITDA increase of 62.9% to £13.9m.

Euan Fraser, global chief executive of Alpha, said: "We are pleased that Alpha has made further good progress in its second year as a public company. Alpha recently launched its twelfth practice, Exchange Traded Funds & Indexing, and opened its tenth office, located in Zurich, as we continue to grow our international reach. We believe both expansions offer exciting potential."

Fraser added that the underlying industry trends of cost reduction, increasing regulation and increasing assets under management remain firmly in place, driving ongoing change programmes globally, but stated that the AIM traded company continues to be well placed to advise and assist clients' needs.

Berenberg analysts reiterated their 'buy' rating and price target of 265p, leaving their full-year estimates for profits unchanged after the update.

"Overall, we believe Alpha has several interesting areas for future growth across product verticals and geographies. Many of these are in their infancy and, as they mature, we think group utilisation and margins should increase beyond the current forecast level," said analysts at Berenberg.

Alpha Financial Markets Consulting's shares were down 3.54% at 245.00p at 1349 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AFM Market Data

Currency UK Pounds
Share Price 199.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 252.00
52 Week Low 97.50
Volume 18,163
Shares Issued 100.85m
Market Cap £200.69m
RiskGrade 161

AFM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.52% below the market average24.52% below the market average24.52% below the market average24.52% below the market average24.52% below the market average
8.26% above the sector average8.26% above the sector average8.26% above the sector average8.26% above the sector average8.26% above the sector average
Price Trend
1.41% below the market average1.41% below the market average1.41% below the market average1.41% below the market average1.41% below the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average
Income
42.09% above the market average42.09% above the market average42.09% above the market average42.09% above the market average42.09% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Growth
84.12% above the market average84.12% above the market average84.12% above the market average84.12% above the market average84.12% above the market average
84.91% above the sector average84.91% above the sector average84.91% above the sector average84.91% above the sector average84.91% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AFM Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-19 29-Aug-19
Paid 23-Dec-19 11-Sep-19
Amount 2.10p 4.09p

Trades for 12-Aug-2020

Time Volume / Share Price
15:03 2,838 @ 206.00p
13:02 5 @ 192.00p
08:01 5,000 @ 193.00p

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