First Derivatives says full-year revenue up by 41%

The Newry-based software firm expects another year of strong growth

First Derivatives said full-year revenue rose by 41%

Financial software firm First Derivatives said

full-year revenue rose by 41 per cent to £117 million (€148 million) and it had enjoyed a strong start to the current financial year.

The Newry-based firm said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the year to February 29 rose by 51 per cent to £23.3 million.

Profit before tax was down 41 per cent to £10.4 million but when adjusted for factors ...