FD to buy out minority Kx Systems shareholders

2 Jul 2018 | , ,

FD (AIM:FDP.L, ESM:FDP.I) announces that it has reached agreement with the minority shareholders of Kx Systems, Inc. (“Kx Systems”), a subsidiary of the Group, regarding the acquisition by FD of their entire remaining shareholding (the ‘Transaction’). Upon completion of the Transaction, which is expected to take place on or before 29 June 2019, FD will own 100%

Preliminary results for the year ended 28 February 2018

22 May 2018 | ,

FD (AIM:FDP.L, ESM:FDP.I) today announces its results for the year ended 28 February 2018. Financial Highlights Revenue £186.0m (2017: £151.7m) +23% Adjusted EBITDA* £34.1m (2017: £28.8m) +19% Profit before tax £12.1m (2017: £12.5m) -3% Adjusted** profit after tax £19.5m (2017: £16.1m) +21% Adjusted** fully diluted EPS 72.2p (2017: 61.3p) +18% Full year dividend 24.0p per

Interim Results announced

7 Nov 2017 | , ,

FD (AIM:FDP.L, ESM:FDP.I) today announces its results for the six months ended 31 August 2017. Strong growth in software revenue, up by 32% to £52.2m (H1 2017:£39.5m), with recurring software revenue up by 44% to £19.6m (H1 2017: £13.6m). Strong demand and strategic progression in Managed Services and Consulting with revenue growth of 8% to £35.6m (H1 2017: £32.9m).

UK Tech Company of the Year 2017 award won by Kx parent FD

2 Nov 2017 | , ,

Kx is pleased to announce that its parent company, First Derivatives plc (FD), won the top UK Tech Company award at the UK Tech Awards 2017 gala on 2 November 2017. The annual UK tech awards "celebrate success, reward achievement and raise the profile of the UK tech community.  Companies which are eligible for the awards include not only publicly quoted technology companies on the London Stock Exchange’s Main Market, but also AIM tech companies and fast growing and innovative private tech companies," according to the awards group.

Kdb+ powers trading platform for BitMEX high-frequency Bitcoin exchange

29 Jun 2017 | , , , ,

LONDON/PALO ALTO, CA (29th June 2017) – Kx Systems, a subsidiary of First Derivatives plc (FD), and provider of the industry-leading kdb+ time series database, announces that Bitcoin Mercantile Exchange (BitMEX), a cryptocurrency derivatives exchange, has expanded its use of kdb+ within its trading platform. Kdb+ is widely used in the financial services industry to

Kx parent First Derivatives, announces preliminary results for the year ended 28th Feb 2017

16 May 2017 | , , , ,

FD (AIM:FDP.L, ESM:FDP.I) today announces its results for the year ended 28 February 2017. Strong growth in software revenue, up 47% as a result of new contract wins and continued penetration of the existing customer base. Our Software division, branded as Kx technology, grew by 47% powered by 55% growth in FinTech and 39% growth in MarTech, where our offering is delivering on early potential