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1. Company Snapshot

1.a. Company Description

FD Technologies Plc provides software and consulting services in the United Kingdom and internationally.The company operates through Managed Services and Consulting, and Software segments.It provides KX, a technology for real-time data analytics and data management; First Derivative, a technology-led service for capital markets; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution.


In addition, the company offers intellectual property licensing and related services.It serves finance, technology, retail, pharma, manufacturing, and energy markets.The company was formerly known as First Derivatives plc and changed its name to FD Technologies Plc in July 2021.


FD Technologies Plc was incorporated in 1996 and is headquartered in Newry, the United Kingdom.

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1.b. Last Insights on FDP

FD Technologies Plc's recent performance has been bolstered by the emergence of KX as a standalone software company, poised to commercialize Temporal AI. This strategic move enables users to harness the power of time-based decision-making, thereby gaining a competitive edge in the market. Furthermore, the company's recent earnings release highlighted a significant increase in revenue, driven by strong demand for its data analytics solutions. Additionally, FD Technologies has been actively pursuing strategic acquisitions, expanding its portfolio of innovative technologies.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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KX Announces New Chapter of Growth With Strategic Acquisition by TA Associates

Jul -23

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KX Emerges as Standalone Software Company to Make Temporal AI a Commercial Reality

Mar -25

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Lockheed Martin’s Skunk Works® and KX Shaping the Future of Open Mission System Architectures

Jul -23

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Craneware And Two More UK Growth Stocks With High Insider Ownership

Jul -18

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Three UK Growth Companies With High Insider Ownership And 84% Earnings Growth

Jun -26

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High Insider Ownership Of Up To 17% In These 3 UK Growth Companies

Jun -26

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Insider-Owned Growth Companies On The UK Exchange In May 2024

May -28

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Exploring Three UK Growth Companies With Significant Insider Ownership

May -28

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (10.96%)

6. Segments

First Derivative

Expected Growth: 10.77%

First Derivative's 10.77% growth is driven by increasing demand for its data analytics and machine learning solutions, expansion into new markets, and strategic partnerships. The company's expertise in AI and IoT, coupled with its strong presence in the financial services sector, has enabled it to capitalize on emerging trends and deliver innovative solutions to clients.

KX Technology

Expected Growth: 11.93%

KX Technology's 11.93% growth is driven by increasing adoption of its high-performance analytics platform in capital markets, expansion into new geographies, and strategic partnerships. Additionally, growing demand for real-time data analytics, cloud-based solutions, and regulatory compliance are contributing to its growth.

MRP Prelytix

Expected Growth: 9.9%

MRP Prelytix's 9.9% growth is driven by increasing demand for cloud-based marketing analytics, expansion into new markets, and strategic partnerships. The platform's ability to provide actionable insights and improve customer engagement has resonated with clients, leading to high retention rates and new business wins. Additionally, FD Technologies' continued investment in R&D has enhanced the platform's capabilities, further fueling growth.

7. Detailed Products

Kx

Kx is a high-performance, in-memory computing platform that enables real-time data processing and analytics.

Kdb+

Kdb+ is a time-series database that stores and analyzes large amounts of data, particularly in the financial sector.

Kx for Flow

Kx for Flow is a cloud-based, real-time data analytics platform that enables fast and scalable data processing.

Kx for Sensors

Kx for Sensors is an IoT data analytics platform that enables real-time processing and analysis of sensor data.

First Derivatives Consulting

First Derivatives Consulting provides expert consulting services in data analytics, cloud migration, and digital transformation.

8. FD Technologies Plc's Porter Forces

Forces Ranking

Threat Of Substitutes

FD Technologies Plc operates in a niche market with limited substitutes, reducing the threat of substitutes.

Bargaining Power Of Customers

FD Technologies Plc has a diverse customer base, reducing the bargaining power of individual customers.

Bargaining Power Of Suppliers

FD Technologies Plc relies on a few key suppliers, but has some flexibility to switch suppliers if needed.

Threat Of New Entrants

FD Technologies Plc operates in a market with high barriers to entry, reducing the threat of new entrants.

Intensity Of Rivalry

FD Technologies Plc operates in a competitive market with several established players, increasing the intensity of rivalry.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 20.40%
Debt Cost 4.94%
Equity Weight 79.60%
Equity Cost 7.69%
WACC 7.13%
Leverage 25.63%

11. Quality Control: FD Technologies Plc passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Crayon

A-Score: 4.5/10

Value: 3.4

Growth: 6.1

Quality: 5.3

Yield: 0.0

Momentum: 6.5

Volatility: 5.7

1-Year Total Return ->

Stock-Card
Atos

A-Score: 4.3/10

Value: 10.0

Growth: 1.7

Quality: 6.8

Yield: 0.0

Momentum: 7.0

Volatility: 0.3

1-Year Total Return ->

Stock-Card
Adesso

A-Score: 4.2/10

Value: 5.3

Growth: 7.1

Quality: 3.4

Yield: 0.6

Momentum: 7.0

Volatility: 2.0

1-Year Total Return ->

Stock-Card
FD Technologies

A-Score: 3.8/10

Value: 5.0

Growth: 2.2

Quality: 2.4

Yield: 0.0

Momentum: 9.0

Volatility: 4.3

1-Year Total Return ->

Stock-Card
Nayax

A-Score: 3.5/10

Value: 0.2

Growth: 8.1

Quality: 5.1

Yield: 0.0

Momentum: 5.0

Volatility: 2.3

1-Year Total Return ->

Stock-Card
Dustin

A-Score: 2.0/10

Value: 8.2

Growth: 1.0

Quality: 2.1

Yield: 0.6

Momentum: 0.0

Volatility: 0.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

24.5$

Current Price

24.5$

Potential

-0.00%

Expected Cash-Flows