First Derivatives plc released the preliminary report for fiscal year 2015, showing impressive results.

Revenues of First Derivatives saw a 19% hike from previous year, from £69.9 million to actual £83.2 million. And all this came even after Kx Systems acquisition during October 2014, together with Affinity Systems and Activate Clients takeover.

The adjusted EBITDA saw an increase from £12.5 million in 2014 by 24% to actual £15.5million, while profit before tax of First Derivatives experienced even more attractive results – jump by 120% from £7.9 million to £17.5 million in 2015.

Additionally, even other results showed optimistic scenario, as adjusted profit before tax reached £10.8 million in 2015,  while adjusted fully diluted EPS hiked by 13% to 38.8p. FY dividend increased by 11% to 13.5p a share and net debt reached £15.7 million.

First Derivatives informed that even besides the above-mentioned acqusitions, positive outcome had been caused by continued investment in software products with new clients for Delta Flow, Delta Stream and Delta Algo driving revenue growth of 29%, further growth and strategic progress in consulting, oversubscribed placing of new shares with new and existing institutional investors to accelerate growth and further commitment during the period from Invest Northern Ireland of £3.9m to support up to 484 new jobs in Newry.

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