Please add Alpha FX an innovative FTSE AIM 100 company that provides foreign exchange (FX) hedging services to small and medium sized businesses an a highly profitable company that has grown at a phenomenal rate recently. Over the last three years, revenue has increased by 320%. I expect demand for its services to remain strong going forward.
AFX shares currently trade on a forward-looking P/E ratio of 21.4 using next year’s EPS forecast. That’s an attractive valuation.
Great results today
Greater to come. Please you’ve backed them. I’m happy to buy on the dips .
Renamed the company name after change last year. Any bulls on this one?
Alpha group express intentions of acquiring Cobase a SaaS solution that provides Cash and Treasury management to businesses. The company based in the Netherlands has around 30 employees, and apparently grew by 50% in the last 12 months. The acquisition will be 85% in cash and the rest on earning of the next years based on performance.
Acquisition of Cobase - 07:00:02 12 Sep 2023 - ALPH News article | London Stock Exchange