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olivLaw · European equity research

Alfa Financial Software Holdings PLC ALFA.L

United Kingdom · London Stock Exchange · ISIN GB00BDHXPG30 · Vertical: Listed companies from United Kingdom

1.65GBP−1.08% · 1 dayClose 03 Nov 2026

Alfa Financial Software develops the Alfa Systems platform, a cloud SaaS software for asset finance in the auto and equipment sectors. In 2025 the company relied on growing subscription revenue, which made up 34% of revenue, while the US market had reached 45% of revenues.

At the close of 03 Nov 2026, Alfa Financial Software Holdings PLC (ALFA.L) stock was 1.65 GBP (−1.08% on the day), with market capitalisation 486.8 m GBP, P/E 16.3 on diluted EPS of 0.10 GBP over the last 12 months, dividend yield 5.34%, beta 0.49, 52-week range 1.42–2.28 GBP.

Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
486.8 m GBP
shares as of 31 Dec 2025
P/E (TTM)
16.3
Diluted EPS TTM 0.10 · TTM to 31 Dec 2025
E/P (TTM)
6.15%
TTM to 31 Dec 2025
Dividend yield
5.34%
DPS 12m 0.09
Beta (2y)
0.49
Volatility (1y) 31%
52-week range
1.422.28

Price history

Loading chart…

Technical reading

RSI (14)
48.5
neutral
Bollinger (20, 2)
1.55 – 1.77
in the lower half of the band · %B 0.43 · band width 13.1%
SMA 50 / 200
1.62 / 1.66
mixed trend
MACD (12, 26, 9)
0.02 / 0.03
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+6.3%−1.0%+7.3 pp—
3 months+0.2%−3.9%+4.1 pp—
6 months+9.6%+7.2%+2.4 pp—
Year to date−22.3%+6.6%−28.8 pp—
1 year−27.6%+9.1%−36.6 pp+7.9%
3 years+10.2%+47.9%−37.7 pp+28.6%
5 years−15.3%+43.3%−58.6 pp—
Max drawdown (1y)
−37.4%
28 Nov 2025 → 27 Mar 2026
Max drawdown (5y)
−42.7%
08 Sept 2025 → 27 Mar 2026
Compound annual growth (5y)
−3.3%
EURO STOXX 50 +7.5%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 0 percentile of its own 3-quarter history (min 17.7, median 20.9, max 25.1; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue102.0 m109.9 m126.7 m
Revenue YoYunavailable+7.7%+15.3%
Net income23.5 m25.6 m30.1 m
Net income YoYunavailable+8.9%+17.6%
Diluted EPS0.080.090.10
Diluted EPS YoYunavailable+8.4%+18.5%
net %23.0%23.3%23.8%
Free cash flow31.6 m28.1 m36.8 m

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
26.4 m GBP
Financial debt
unavailable GBP
Net debt
unavailable GBP
Equity
51.7 m GBP
Total assets
90.7 m GBP
Debt / equity
unavailable
Current ratio
1.60x
ROE
61.5%
ROA
34.3%
FCF margin
29.0%

Financial statements (source on every figure)

Revenue and net income (GBP)

Margins

Income statement · GBP

Revenue
2023
102.0 m
2024
109.9 m
2025
126.7 m

esef· 07 Apr 2026verified

Cost of revenue
2023
38.3 m
2024
39.0 m
2025
46.0 m

esef· 07 Apr 2026verified

Gross profit
2023
63.7 m
2024
70.9 m
2025
80.7 m

esef· 07 Apr 2026verified

Operating income
2023
30.1 m
2024
34.3 m
2025
40.1 m

esef· 07 Apr 2026verified

Interest expense
2023
500.0 k
2024
700.0 k
2025
700.0 k

esef· 07 Apr 2026verified

Pre-tax income
2023
29.6 m
2024
34.1 m
2025
40.1 m

esef· 07 Apr 2026verified

Income tax
2023
6.1 m
2024
8.5 m
2025
10.0 m

esef· 07 Apr 2026verified

Net income
2023
23.5 m
2024
25.6 m
2025
30.1 m

esef· 07 Apr 2026verified

Diluted EPS
2023
0.08
2024
0.09
2025
0.10

esef· 07 Apr 2026verified

Dividend per share
2023
0.07
2024
0.07
2025
0.09

esef· 07 Apr 2026derived

Balance sheet · GBP

Cash
2023
21.8 m
2024
20.5 m
2025
26.4 m

esef· 07 Apr 2026verified

Receivables
2023
5.6 m
2024
8.6 m
2025
8.5 m

esef· 07 Apr 2026verified

Current assets
2023
38.0 m
2024
41.8 m
2025
45.7 m

esef· 07 Apr 2026verified

Property, plant & equipment, net
2023
1.0 m
2024
700.0 k
2025
700.0 k

esef· 07 Apr 2026verified

Goodwill
2023
24.7 m
2024
24.7 m
2025
24.7 m

esef· 07 Apr 2026verified

Intangibles (excl. goodwill)
2023
5.0 m
2024
9.3 m
2025
12.5 m

esef· 07 Apr 2026verified

Total assets
2023
75.1 m
2024
84.7 m
2025
90.7 m

esef· 07 Apr 2026verified

Current liabilities
2023
25.6 m
2024
27.5 m
2025
28.6 m

esef· 07 Apr 2026verified

Total liabilities
2023
33.1 m
2024
38.5 m
2025
39.0 m

esef· 07 Apr 2026verified

Equity
2023
42.0 m
2024
46.2 m
2025
51.7 m

esef· 07 Apr 2026verified

Shares outstanding at year end
2023
294.1 m
2024
294.9 m
2025
295.4 m

esef· 07 Apr 2026derived

Cash flow · GBP

Operating cash flow
2023
32.2 m
2024
28.4 m
2025
37.2 m

esef· 07 Apr 2026verified

Capex
2023
600.0 k
2024
300.0 k
2025
400.0 k

esef· 07 Apr 2026verified

Free cash flow
2023
31.6 m ≈
2024
28.1 m ≈
2025
36.8 m ≈

esef· 07 Apr 2026derived

Investing cash flow
2023
-3.1 m
2024
-5.4 m
2025
-4.7 m

esef· 07 Apr 2026verified

Financing cash flow
2023
-25.8 m
2024
-24.1 m
2025
-26.4 m

esef· 07 Apr 2026verified

Dividends paid
2023
19.7 m
2024
22.1 m
2025
26.0 m

esef· 07 Apr 2026verified

Share repurchases
2023
4.8 m
2024
700.0 k
2025
900.0 k

esef· 07 Apr 2026verified

Computed indicators

Growth

Revenue growth (YoY)
15.3%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
16.9%
computed by olivLawFY 2025
Net income growth (YoY)
17.6%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
18.5%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
31.0%
computed by olivLawFY 2025

Profitability

Gross margin
63.7%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
31.6%
computed by olivLawFY 2025
Net margin
23.8%
computed by olivLawFY 2025
FCF margin
29.0%
computed by olivLawFY 2025

Returns

ROE
61.5%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
34.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
unavailable
input data missing
ROCE
64.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
86.8%
computed by olivLawFY 2025
Payout ratio (FCF)
70.7%
computed by olivLawFY 2025

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
57.3x
computed by olivLawFY 2025

Liquidity

Current ratio
1.6x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
unavailable
input data missing
Cash ratio
0.9x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
37.2 m GBP
computed by olivLawFY 2025
Capital expenditure
400.0 k GBP
computed by olivLawFY 2025
Free cash flow
36.8 m GBP
computed by olivLawFY 2025
FCF conversion
122.3%
computed by olivLawFY 2025
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
25 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
486.8 m GBP
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
unavailable
input data missing
Market cap / net income TTM
16.2x
computed by olivLawFY 2025
P/E (TTM)
16.3x
computed by olivLawFY 2025
Earnings yield
6.2%
computed by olivLawFY 2025
P/B
9.4x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
3.8x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
13.2x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
FCF yield
7.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Dividend yield
5.3%
computed by olivLawFY 2025
Shareholder yield (distributions)
5.5%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 52.1% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

1.65 GBP

03 Nov 2026Source: olivLaw, closing series

Market cap: 486.8 m GBP

Key indicators

Market capitalisation
486.8 m GBP
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
16.3x
computed by olivLawFY 2025
P/B
9.4x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
61.5%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
23.8%
computed by olivLawFY 2025
Revenue growth (YoY)
15.3%
computed by olivLawFY 2025
Dividend yield
5.3%
computed by olivLawFY 2025

Coverage and freshness

28/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 07 Apr 2026
verified 83derived 6

Score by group

52% · Insufficient data

Estimated value range

unavailable — no valuation assumptions for the reporting currency

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

    Assumptions (illustrative, editorial)

    Risk-free rate
    6.5%
    Equity risk premium
    6.0%
    Beta (default)
    1.00
    Cost of equity
    12.5%
    Terminal growth
    3.0%

    Factor scorecard

    Insufficient data

    Minimum-evidence gate: score weight coverage: 52.1% of at least 60%

    FactorValueScoreWeight used
    ROIC · Qualityunavailableunavailable—
    Net margin · Quality23.8%77 (vs peers)12%
    FCF conversion · Quality122.3%100 (on a fixed band)12%
    Revenue CAGR 3Y · Growthunavailableunavailable—
    EPS CAGR 3Y · Growthunavailableunavailable—
    Net debt / EBITDA · Balance sheetunavailableunavailable—
    Interest coverage · Balance sheet57.3x100 (on a fixed band)12%
    Current ratio · Balance sheet1.6x66 (on a fixed band)8%
    P/E (TTM) · Valuation16.3x44 (vs peers)20%
    EV/EBITDA · Valuationunavailableunavailable—
    FCF yield · Valuation7.6%94 (on a fixed band)16%
    Shareholder yield (distributions) · Returns5.5%79 (on a fixed band)12%
    Payout ratio (FCF) · Returns70.7%70 (on a fixed band)8%

    Factors without a value were dropped; the remaining weights were renormalised.

    Score groups

    • Balance sheet87/100 · 2/3 factors with a value
    • Growth· partialunavailable · 0/2 factors with a value
    • Quality89/100 · 2/3 factors with a value
    • Returns76/100 · 2/2 factors with a value
    • Valuation67/100 · 2/3 factors with a value

    A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

    Memo

    ALFA FINANCIAL SOFTWARE HOLDINGS PLC (ALFA.L). Latest full fiscal year: 2025; data up to 2025-12-31.

    Figures computed from the financial statements: revenue 126.7 m GBP in 2025; YoY growth 15.3%; net margin 23.8%; ROE 61.5%.

    The estimated value range is 1.01–1.69 GBP per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 1.27 GBP, the price of 1.65 GBP leaves a potential of -23.2% (value / price − 1) and a margin of safety of -30.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

    Insufficient data for a verdict (score weight coverage: 52.1% of at least 60%).

    Text generated deterministically from the figures shown; no language model. Not investment advice.

    What supports the thesis

    • Net margin: 23.8%
    • FCF conversion: 122.3%
    • Interest coverage: 57.3x
    • FCF yield: 7.6%
    • Shareholder yield (distributions): 5.5%
    • Payout ratio (FCF): 70.7%

    What contradicts it

    No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

    Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA.

    Versus the vertical median

    Listed companies from United Kingdom · same country · compared with 39 companies

    Multiples and returns vs the median

    P/E
    16.3x
    vertical median 15.6x
    at median
    EV/EBITDA
    —
    vertical median —
    P/S
    3.8x
    vertical median 1.5x
    above median (+161.8%)
    P/B
    9.4x
    vertical median 2.0x
    above median (+363.6%)
    ROE
    61.5%
    vertical median 13.4%
    above median (+358.8%)
    Net margin
    23.8%
    vertical median 10.6%
    above median (+124.4%)
    EBIT margin
    31.6%
    vertical median 19.2%
    above median (+65.1%)
    Revenue YoY
    15.3%
    vertical median 7.2%
    above median (+113.2%)
    Net debt/EBITDA
    —
    vertical median —
    Dividend yield
    5.3%
    vertical median 2.7%
    above median (+100.7%)

    Price rebased to 100 (monthly, 5 years)

    Companies in the vertical

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    BAB.LBabcock International Group PLC5.3 bn25.434.7%4.1%+7.2%−8% / +165%
    AUTO.LAutotrader Group PLC4.7 bn16.060.2%47.1%+3.9%−15% / −25%
    BBY.LBalfour Beatty PLC4.4 bn16.823.2%2.8%+15.2%+24% / +168%
    ABDN.LAberdeen Group PLC4.0 bn10.68.0%28.9%−2.1%+8% / +37%
    BKG.LThe Berkeley Group Holdings PLC3.5 bn11.08.8%13.4%−4.2%−3% / −24%
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    ASC.LAsos PLC496.3 m—-81.3%-12.0%−14.7%+72% / +9%
    ALFA.LAlfa Financial Software Holdings PLC486.8 m16.361.5%23.8%+15.3%−28% / +10%
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    ASBE.LAssociated British Engineering PLC605.3 k—-19.1%—unavailableunavailable / unavailable
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    1- and 3-year price returns: for ALFA.L from daily closes (the same as the performance table), for the other companies from month-end closes.

    olivLaw engine forecast

    The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

    The engine has no published run for this company yet.

    Valuation scenarios (editable assumptions)

    Illustrative scenarios

    Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

    Bear
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Base
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Bull
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Nothing is saved.

    Estimated price (GBP)

    Estimated priceBearBaseBull
    1 years
    1.08
    Total return -30% · Per year -30%
    1.90
    Total return 22% · Per year 22%
    2.86
    Total return 81% · Per year 81%
    3 years
    1.28
    Total return -7% · Per year -2%
    2.52
    Total return 74% · Per year 20%
    4.11
    Total return 177% · Per year 40%
    5 years
    1.52
    Total return 20% · Per year 4%
    3.33
    Total return 144% · Per year 20%
    5.92
    Total return 315% · Per year 33%
    What moves the 3-year price the most
    • Exit P/E± 0.63
    • Net margin± 0.44
    • Annual revenue growth± 0.33
    • Annual dilution± 0.04

    AI analysis

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    In brief

    Alfa Financial Software develops the Alfa Systems platform, a cloud SaaS software for asset finance in the auto and equipment sectors. In 2025 the company relied on growing subscription revenue, which made up 34% of revenue 1, while the US market had reached 45% of revenues 1.

    SWOT

    Strengths

    • A single platform used across several markets and a strong position in US auto and UK equipment finance 1.
    • Very high employee retention and maintained security certifications that support client confidence 1.
    • Diversification across clients, asset types and regions reduces reliance on the largest customers 1.

    Weaknesses

    • Heavy exposure to the US market makes reported revenue sensitive to exchange rates 1.
    • Subscription share of revenue stayed flat rather than rising, slowing the shift toward recurring revenue 1.
    • Delivery revenue depends on implementation capacity and access to skilled people 1.

    Opportunities

    • Client migration from legacy systems and demand for automation and AI could open new contracts 1.
    • Expansion into originations and commercial finance could widen the addressable market beyond asset finance 1.
    • Modelling ESG-linked business structures, such as usage-based finance, could create new revenue streams 1.

    Threats

    • Economic and political conditions could reduce client budgets and lengthen sales cycles 1.
    • State-sponsored cyber attacks and AI-enabled attackers could disrupt services and data 1.
    • Possible new US taxes on software supplied from outside the US could raise costs 1.

    Risks

    • Socio-economic and geopolitical riskhigh

      Economic and political conditions could affect the company's markets and demand for its products; management rates the impact as major and the likelihood as possible 1.

    • Cyber securityhigh

      Failure to safeguard systems and data during a cyber attack could interrupt operations and reduce revenue 1.

    • Margin pressuremedium

      Competition or rising costs could reduce margins, a risk the company lists among its principal risks 1.

    • Talent and capacitymedium

      Difficulty recruiting and retaining people could limit delivery of implementations and product quality, although the risk was lowered in 2025 1.

    • Foreign exchangemedium

      Currency uncertainty can affect reported figures given the large US share of revenue 1.

    Investment thesis

    What would need to be true (bull case)

    • If client migration from legacy systems continues, demand for the cloud platform could support growth in subscription revenue 1.
    • A leading position in some markets and one system across several countries could strengthen ties with large clients 1.
    • Expansion into originations and commercial finance could open a larger addressable market 1.

    What would break the thesis

    • If client budgets shrink under economic uncertainty, sales cycles could lengthen 1.
    • The large US share of revenue could magnify the impact of exchange rates on reported figures 1.
    • Competitive pressure and cyber attack risk could reduce margins or weaken client confidence 1.

    What to watch

    • Development of subscription revenue against its 34% share2026
    • Growth of delivery revenue against management's guidance2026
    • Effect of exchange rates on reported US revenue2026
    • Application of the new annual declaration on material controls2026

    Products, market & competition

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    The business

    Alfa Financial Software Holdings PLC is a UK company providing asset finance software covering originations, servicing, collections and accounting. The Alfa Systems platform is delivered in the cloud on a single system for operations across several countries and jurisdictions 1. Management presents the company as active for over 35 years, with a culture it considers a key success factor 1.

    The revenue model combines cloud subscriptions, which the company is trying to expand, with implementation and delivery revenue. The company says it diversifies its customer base geographically, by asset type and by customer type, including banks, manufacturers and independent lenders 1.

    For 2026, management expects strong subscription revenue growth and good delivery revenue growth, but warned that currency effects could dampen reported figures 1.

    Segments

    Cloud subscriptions

    Subscription revenue represented 34% of total revenue in 2025, unchanged from 2024 1. Management aims for this segment to become the main growth driver, as cloud subscription sales are a stated strategic priority 1.

    Delivery and implementations

    Delivery revenue comes from implementing the platform at clients, including go-lives in the US, EMEA and AsiaPac 1. Management expects good growth in this segment in 2026 1.

    Originations and commercial finance

    The company launched an originations product covering direct and indirect lending from quoting to funding, and is expanding revolving credit and syndication functionality 1. This is described as an adjacent market under expansion 1.

    Market context

    The company estimates the addressable asset finance software market at 3.4 billion USD 1. Demand is driven by regulatory and cyber-security requirements, the high cost of legacy systems and AI adoption, while customers are attracted by agility and automation 1.

    The asset finance market remains resilient, but the asset finance software market is more sensitive to industry-specific factors, according to the company 1. Alfa positions itself as the de facto go-to provider in US auto and UK equipment finance 1.

    Trends

    • Migration from legacy systemstailwind

      Regulatory and cyber-security requirements and the rising cost of maintaining old systems push customers toward modern cloud platforms 1.

    • Automation and AImixed

      Workflow automation and AI adoption increase demand for well-architected systems, but also raise product complexity 1.

    • Geopolitical and economic uncertaintyheadwind

      Geopolitical tensions and lower growth forecasts, especially in Europe, could reduce client budgets and lengthen sales cycles 1.

    • Currency movementsheadwind

      The large US share of revenue means exchange rate moves against sterling can affect reported figures 1.

    Competitive position

    The company states it has different competitors in each market and differentiates by running one system across all markets 1. Competitive pressure may lead to loss of market share or lower margins, a risk it lists among its principal risks 1.

    The sources analysed do not name direct competitors. The company only notes that the equipment market includes many smaller local players alongside a few larger cross-border lenders 1.

    • Regional equipment finance providers

      The company describes the equipment market as fragmented, with many smaller local players and a few cross-border providers 1.

    • Originations software providers

      The company includes originations in its scope, where competition comes from platforms automating lending processes 1.

    • Commercial finance software providers

      Private credit entrants into equipment finance could bring new competitors into commercial segments 1.

    • In-house lender systems

      Clients that build their own solutions compete indirectly with the platform, especially where legacy systems are kept in place 1.

    News & filings

    In the press

    Annual reports (ESEF)

    Sources

    1. [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Alfa Financial Software Holdings PLC · 31 Dec 2025

    Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.

    Alfa Financial Software Holdings PLC (ALFA.L): stock, results, valuation and forecast · olivLaw