Preliminary results for the year ended 29 February 2016
First Derivatives plc
(“FD”, the “Company” or the “Group”)
Preliminary results for the year ended 29 February 2016
FD (AIM:FDP.L, ESM:FDP.I), a leading provider of software and consulting services, announces its results for the year ended 29 February 2016.
Financial Highlights
Revenue £117.0m (2015: £83.2m) +41%
Adjusted EBITDA* £23.3m (2015: £15.5m) +51%
Profit before tax £10.4m (2015: £17.5m) -41%
Adjusted** profit before tax £16.8m (2015: £10.8m) +56%
Adjusted** fully diluted EPS 51.7p (2015: 38.8p) +33%
Full year dividend 17.0p per share (2015: 13.5p) +26%
Net debt £15.1m (2015: £15.7m)
*Adjusted for share-based payments, profit on disposal of property and acquisition costs
**Adjusted for amortisation of acquired intangibles, share-based payments, profit on disposal of property, net gain on disposal of investment in associate, acquisition costs, finance translation income/charges (and exceptional taxation for EPS)
