Revenue at specialist financial software and consultancy firm First Derivatives increased by 25 per cent in the year to the end of February to £46.1 million.
The Newry based company said pre-tax profits increased by 7 per cent to £6.9 million in the year to the end of February on the back of a growing customer base.
Basic earnings per share increased by 31.1 per cent to 37.5p and fully diluted earnings per share increased by 13.1 per cent to 32.8p.
First Derivatives said consultancy revenue increased by 34.7 per cent to £32.6 million and software license revenue increased by 7.6 per cent to £13.5 million.
The company said its software and services were now being provided to 91 different investment banks, exchanges, brokers and hedge funds.
Staff numbers increased from 524 to 662 in the year to the end of February as First Derivatives launched a capital markets legal services stream, a data management team and vendor managed services team.
EBITDA increased by 21.8 per cent to £10.9 million.
"We continue to have a strong pipeline of prospects and have made a strong start to the current year and expect to be able to report further progress in the year to February 28th, 2013," said First Derivatives chairman David Anderson.
