FinnCap upgrades annual revenue expectations amid ongoing momentum

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Financial services company FinnCap said it expected annual performance to be slightly ahead of its expectations ahead of 'significant' M&A deals that could potentially be closed before the end of the half year.

Revenue was expected to be slightly above prior guidance of between £40m and £50m for FY22.

Performance since Q1, which was ahead of the prior year, had been 'strong,' the company said.

'Our pipeline remains solid and we are confident that this, combined with our performance to date, underpins our confidence in delivering a result within our full year expected revenue range,' it added.