ALFA subscription revenue rises 14%, TCV and ARR up 17%
ALFA says subscription revenue rose 14% year-over-year to 37% of total revenue, while TCV and ARR are up 17%. Operating profit was GBP 18.4 million; margins expected to improve as recurring revenue grows.
Subscription revenue rose 14% year-over-year, now 37% of total revenue, with TCV and ARR both up 17%.
Operating profit was GBP 18.4 million, and margins are expected to improve as recurring revenue grows.
Investments in AI and new market modules are expanding future growth opportunities.Based on Al…