Alpha Group reports 34% Y/Y increase in H1 2025 revenues
Alpha Group International plc (LON:ALPH), a banking alternative dedicated to corporate and private market companies globally, today published its unaudited interim results for the six months ended 30 June 2025.
Group revenue increased by 34% from the year-ago period to £86.2 million (H1 2024: £64.3m).
Corporate division revenues increased by 68% to £50.1 million (H1 2024: £29.8m). Private Markets revenues increased by 2% to over £34.1 million (H1 2024: £33.3m).
Underlying profit before tax increased by 25% to £27.9 million (H1 2024: £22.3m)
Profit before tax fell 20% to £48.5 million (H1 2024: £60.8m) reflecting non-underlying, non-cash, non-dilutive share-based payment charge of £11.9m (H1 2024: £nil) and certain non-contingent M&A fees of £1.7m (H1 2024: £0.1m).
Basic earnings per share on an underlying basis increased by 34% to 49.7p (H1 2024: 37.1p)
Regarding the recommended all-cash acquisition of Alpha by Corpay Inc., the company said that, with the shareholder and scheme votes passed in favour of the acquisition on 2 September 2025, the deal is now expected to complete in the fourth quarter of 2025, subject to final regulatory approvals.
Clive Kahn, CEO of Alpha, said:
“Total revenues in the first half of the year continued to show strong growth rates despite ongoing macroeconomic uncertainty. Our Risk Management businesses benefited from increased market volatility as well as benefiting from significant prior-year investments, robust growth strategies, and market-leading teams.
The recommended acquisition of Alpha by Corpay, expected to complete in Q4 2025, subject to regulatory approvals, recognises the value of Alpha’s performance, people and potential. We now remain focused on capitalising on our growth opportunities in the second half.”