Alpha Group International plc (LON:ALPH), a global provider of high-tech, high-touch financial solutions to corporates and institutions, today provided a trading update for FY 2024.
Revenue from underlying activities increased 23% to approximately £135 million (FY 2023: £110m).
Total Income amounted to circa £221 million (2023: £186m), growth of about 18%, including income from interest on client and own balances of about £85 million (FY 2023: £76m).
The Group performed strongly in 2024, with revenue growth of 23% despite a continuing difficult economic backdrop. Pleasingly, the growth was delivered across the business with both Corporate and Institutional divisions up by c. 20% year on year, driven by increasing contributions from overseas offices and new product offerings.
Cobase also contributed strongly in its first year with the Group, following its acquisition in December 2023. H2’s revenue performance…
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