IntegraFin Holdings H1 Group Revenue Grew 13%

IntegraFin Holdings plc (IHP.L), on Thursday, reported H1 group revenue of £67.0 million, up 13% from the previous year's £59.4 million.

Group profit before tax amounted to £31.7 million, an increase of 2% compared to £31.2 million reported last year.

Net inflows rose 16% to £2.68 billion from £2.31 billion reported a year ago.

Alex Scott, Chief Executive Officer, said, "We are pleased to announce our results for the first half of the year. In a challenging environment we have continued to grow Group revenue and profits. Our Transact platform has delivered its highest ever gross and net inflows. This is despite reduced market confidence in the second quarter, driven by geopolitical events and rising inflation..."

The number of clients on the platform increased by 9% year on year and in the same period the number of advisers using Transact increased by 5%.

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