Rob Noble
Analyst, Deutsche Bank
Replay available
Funding Circle Holdings plc (FCH) Q2 2026 Earnings Call
Funding Circle Holdings plc (LSE: FCH) Q2 2026 earnings conference call, held 2026-09-08. Replay captured from the company's public earnings webcast.
Investor webinar replay
Meeting Overview The meeting focused on the half-year results for 2026, highlighting strong revenue and profit growth for Funding Circle. Key discussions included performance metrics, financial details, and future growth strategies, emphasizing the company's multi-product approach and its impact on customer engagement. Key Discussion Points - Overview of the first-half performance, showcasing strong revenue and profit growth. - Upgrade of 2026 guidance to over £255 million in revenue and over £40 million in profit before tax. - Announcement of a £25 million share buyback following the current buyback completion. - Significant growth in credit extended (52%) and revenue (50%). - Discussion of the multi-product strategy and its effectiveness in increasing customer engagement and share of wallet. - Financial performance details, including operating expenses and profit margins. - Insights into the performance of specific products such as term loans, FlexiPay, and credit cards. - Scalabi...
Latest press releases
- LSE:FCH — HOL-Holdings in Company · Wed, Oct 7, 2026
- LSE:FCH — POS-Transaction in Own Shares · Mon, Oct 5, 2026
Companies on this event
Featured Presenters
Replay transcript excerpt
Speaker 1: Good morning, everyone, and thank you for joining us for our half-year 2026 Speaker 1: results. Speaker 1: I'll start today by touching on the highlights of our first-half performance before handing over to Tami to cover the financials in detail. Speaker 1: I'll wrap up by looking ahead at the exciting opportunity ahead of us and our confidence in our continued strong growth and profitability Speaker 1: over the medium term. Speaker 1: It's been another standout 6 months for Funding Circle. Speaker 1: We've built on the momentum of last year with strong revenue and profit growth, as we've backed a record number of small businesses. Speaker 1: Demand remains strong. Speaker 1: Our multi-product strategy is working. Speaker 1: Today, we're a more important part of our customers' daily lives. Speaker 1: We've continued to increase our share of wallets and attract more customers to funding circle. Speaker 1: Our 16 years of proprietary data and technology Speaker 1: creates competitive moat around the business, enabling a superior customer experience. Speaker 1: And our Capital Light Platform is built for further scale. Speaker 1: Our performance in the 1st 0.5 means that today we're upgrading our 2026 Speaker 1: guidance to revenue of more than £255 Speaker 1: million Speaker 1: and PBT of more than £40 million, Speaker 1: representing a doubling of profit versus last year. Speaker 1: We're also announcing a further buyback of up to £25 million to commence following the conclusion of our current buyback. Speaker 1: Since March 2024, we've bought back around £72 million, or 18% Speaker 1: of the issued share capital. Speaker 1: We remain very excited about the long-term opportunity ahead of us as we power even more SMEs throughout the UK. Speaker 1: To put a b...