DJ Half Year 2025 Trading Update
Funding Circle Holdings plc (FCH)
Half Year 2025 Trading Update
17-Jul-2025 / 07:00 GMT/BST
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17 July 2025
Funding Circle Holdings plc
Half Year 2025 Trading Update
Funding Circle Holdings plc ("Funding Circle" or the "Group"), the UK's leading SME finance platform, is pleased to
provide a trading update for the six months ended 30 June 2025.
Business Performance
Building on our successful 2024, we are pleased to report that the Group continued to deliver strong revenue and profit
margin growth in the first half of 2025. This performance is a testament to the strength of our brand, technology and
credit decisioning.
Overall, credit extended in the half grew to GBP1.1 billion, up 21% from H1 2024, with balances under management at GBP2.8
billion and credit performance in line with management expectations. Our Term Loans business continues to grow with
originations of GBP736 million (H1 2024: GBP692 million) and improved profit margins due to operating leverage and the
proactive cost actions we took in 2024. We have seen strong growth in FlexiPay and the Cashback credit card, with
credit extended now surpassing GBP1 billion since launch.
The Group remains on track to achieve its medium-term guidance of more than GBP200 million in revenue and more than GBP30
million in profit before tax for FY26.
Capital Return Update
In May 2025, we announced our third share buyback programme, for up to GBP25 million, which is currently ongoing. Since
March 2024, Funding Circle has bought back 14% of its issued share capital.
Lisa Jacobs, CEO of Funding Circle, commented:
"I am very pleased with the momentum we have carried into 2025 following our strong performance last year. We saw
strong revenue growth with improving profit margins in our streamlined business as we continued to invest in new
products.
"We remain confident in our ability to achieve our medium-term goals, and support more small businesses across the UK
with the funding they need to succeed."
We hosted a Capital Markets Event in June, details of which are available on Funding Circle's corporate website: https:
//corporate.fundingcircle.com/.
Funding Circle's results for the half year ended 30 June 2025 will be published on 4 September 2025.
For further details:
Funding Circle Holdings plc
ir@fundingcircle.com
Lisa Jacobs, Chief Executive Officer
Tony Nicol, Chief Financial Officer
Headland Consultancy
Stephen Malthouse and Jack Gault (+44 20 3805 4822)
About Funding Circle:
Funding Circle (LSE: FCH) is the UK's leading SME finance platform. Established in 2010, Funding Circle has extended
more than GBP15bn in credit to over 110,000 businesses in the UK.
For SME borrowers, Funding Circle provides an unrivalled customer experience, delivered through its technology and
data, coupled with a human touch. Its solutions continue to help customers access the funding they need to succeed. For
institutional investors, Funding Circle provides access to an alternative asset class in an underserved market and
delivers robust and attractive returns.
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BG0TPX62
Category Code: TST
TIDM: FCH
LEI Code: 2138003EK6UAINBBUS19
Sequence No.: 396139
EQS News ID: 2170852
End of Announcement EQS News Service
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July 17, 2025 02:00 ET (06:00 GMT)
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