Preliminary results for the year ended 29 February 2016

May 17, 2016

First Derivatives plc
(“FD”, the “Company” or the “Group”)
Preliminary results for the year ended 29 February 2016

FD (AIM:FDP.L, ESM:FDP.I), a leading provider of software and consulting services, announces its results for the year ended 29 February 2016.

Financial Highlights

Revenue £117.0m (2015: £83.2m) +41%

Adjusted EBITDA* £23.3m (2015: £15.5m) +51%

Profit before tax £10.4m (2015: £17.5m) -41%

Adjusted** profit before tax £16.8m (2015: £10.8m) +56%

Adjusted** fully diluted EPS 51.7p (2015: 38.8p) +33%

Full year dividend 17.0p per share (2015: 13.5p) +26%

Net debt £15.1m (2015: £15.7m)

*Adjusted for share-based payments, profit on disposal of property and acquisition costs
**Adjusted for amortisation of acquired intangibles, share-based payments, profit on disposal of property, net gain on disposal of investment in associate, acquisition costs, finance translation income/charges (and exceptional taxation for EPS)

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