LONDON (ShareCast) - (Sharecast News) - IntegraFin Holdings said it was performing "well" on Thursday, as the fintech lifted its full-year profit guidance.
The London-listed firm said total group revenues for the year to 30 September were expected to be £133.5m, with adjusted pre-tax profit now on course to come in "moderately" above the top end of forecasts.

IntegraFin, which owns Transact, an investment platform used by UK financial advisers and their clients, said: "Overall, the group is performing well."

Further boosting the numbers, net interest income is expected to come in at £0.6m - lifted by interest rate tailwinds - while staff costs are expected to be £0.7m lower.

Ben Williams, analyst at Shore Capital - which has a 'hold' rating on the stock - said: "We said after the fourth quarter AUA (assets under administration) update that earnings per share would miss this year's 14.9p company-collected consensus EPS, and they still will, but not by as much."

IntegraFin's guidance for revenues of £133.5m is 1% ahead of Shore Capital's forecast.

IntegraFin is due to post year-end results on 14 December.

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