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Highlights

  • Alpha Financial Markets Consulting PLC has a workforce of more than 990 consultants working at its offices in different parts of the world.
  • In FY23, AFM registered over 44% year-on-year surge in total revenue.
  • The company's total dividend per share saw 36.5% YoY increase in FY23.

FTSE AIM 100 index-listed Alpha Financial Markets Consulting PLC (LSE: AFM) is an international provider of specialist consultancy services to the wealth and asset management industry. Headquartered in the United Kingdom, the company has a workforce of more than 990 consultants working at its offices in different parts of the world. This includes employed consultants as well as utilised contractors.

In the fiscal year 2023, AFM registered over 44% year-on-year surge in total revenue. Its profit before taxation jumped by around 73.2% YoY for the full year.

The company's total dividend per share had 36.5% YoY increase in FY23. It paid a final dividend of 10.50 pence per share earlier this month, with an ex-dividend date of 07 September 2023.

There has been a 43.9% YoY growth in the company’s net fee income to £227.2 million for the reporting period. Its adjusted profit before tax stood at £44.0 million, marking 38.6% YoY increase for FY23.

Top 10 Shareholders

Approximately 49.33% of the total shareholdings of the firm are held by its top ten shareholders. While Invesco Advisers, Inc holds over 8.51% shareholding, Janus Henderson Investors owns around 7.03% shareholding.

Stock price Performance

The company’s stock price has gained around 2.85% in the last one month. It has declined by nearly 17.74% over the last six months. The stock’s 52-week low and high price stand at GBX 305.00 and GBX 508.00, respectively.

Please note markets are trading in a highly volatile zone currently due to certain macro-economic and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 25 September 2023. The reference data in this report has been partly sourced from EODHD/Others.