Added to YB: 2025-09-12
Pitch date: 2025-09-10
FIN.L [bullish]
Finseta Plc
-33.53%
current return
Author Info
No bio for this author
Company Info
Finseta Plc, a financial technology company, engages in the provision of multi-currency accounts to businesses and individuals in the United Kingdom and internationally.
Market Cap
GBP 7.9M
Pitch Price
GBP 0.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.14
P/E
-5.85
EV/Sales
0.69
Sector
Financial Services
Category
value
Finseta: Cheap Entry Into a Rapidly Expanding Payments Platform
FIN.L: International payments platform, H1 sales +16% to £5.9m, customers +15.6% to 1,101, but Trump tariffs delayed HNW client purchases (42% rev), hitting margins (62.7% vs 65.7%) & EBITDA (£0.3m vs £0.8m). FY25 guidance cut to £12.6m from £15m. Expanding to Canada/Dubai/Singapore, trades 1.2x EV/sales.
Read full article (2 min)