Alpha Group reports 23% Y/Y increase in revenues for 2024

Alpha Group reports 23% Y/Y increase in revenues for 2024

Alpha Group International plc (LON:ALPH), a provider of high-tech, high-touch financial solutions to businesses, today announced its audited Full Year Results for the year ended 31 December 2024.

Total revenue increased 23% to £136m (2022: £110m) in 2024. Corporate revenue grew 21% to £63.8m (2023: £52.8m), and Private Markets (formerly “Institutional”) grew 20% to £69.0m (2023: £57.4m). Cobase, the group’s first acquisition, contributed £2.9m of revenue in its first full year of ownership.

Statutory profit before tax increased by 6% to £123.1m (2023: £115.9m). The underlying profit before tax increased by 10% to £47.4m (2023: £43.0m). The underlying organic profit before tax (excluding Cobase) growth was 15%.

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