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Funding Circle Holdings

BATS-CHIXE:FCHL
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FCHL
BATS-CHIXE
£188M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Funding Circle Holdings Plc, through its subsidiaries, provides online lending platforms in the United Kingdom, the United States, Germany, and the Netherlands. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Funding Circle Holdings has significant price volatility in the past 3 months.
FCHL Share Price and Events
7 Day Returns
0%
BATS-CHIXE:FCHL
-18.6%
GB Consumer Finance
-5.4%
GB Market
1 Year Returns
-82.4%
BATS-CHIXE:FCHL
-71.5%
GB Consumer Finance
-25.2%
GB Market
FCHL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Funding Circle Holdings (FCHL) 0% -24.1% -38.2% -82.4% - -
GB Consumer Finance -18.6% -52.8% -58% -71.5% -87.3% -87.8%
GB Market -5.4% -20.6% -29.1% -25.2% -25.9% -25.1%
1 Year Return vs Industry and Market
  • FCHL underperformed the Consumer Finance industry which returned -71.5% over the past year.
  • FCHL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

FCHL Value

 Is Funding Circle Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Funding Circle Holdings. This is due to cash flow or dividend data being unavailable. The share price is £0.548.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Funding Circle Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Funding Circle Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:FCHL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £-0.24
LSE:FCH Share Price ** LSE (2020-03-26) in GBP £0.54
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PE Ratio Median Figure of 13 Publicly-Listed Consumer Finance Companies 5.05x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Funding Circle Holdings.

BATS-CHIXE:FCHL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:FCH Share Price ÷ EPS (both in GBP)

= 0.54 ÷ -0.24

-2.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Funding Circle Holdings is loss making, we can't compare its value to the GB Consumer Finance industry average.
  • Funding Circle Holdings is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Funding Circle Holdings's expected growth come at a high price?
Raw Data
BATS-CHIXE:FCHL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
33.4%per year
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PEG Ratio Median Figure of 11 Publicly-Listed Consumer Finance Companies 0.3x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Funding Circle Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Funding Circle Holdings's assets?
Raw Data
BATS-CHIXE:FCHL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £0.92
LSE:FCH Share Price * LSE (2020-03-26) in GBP £0.54
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PB Ratio Median Figure of 16 Publicly-Listed Consumer Finance Companies 0.64x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.07x
BATS-CHIXE:FCHL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:FCH Share Price ÷ Book Value per Share (both in GBP)

= 0.54 ÷ 0.92

0.59x

* Primary Listing of Funding Circle Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Funding Circle Holdings is good value based on assets compared to the GB Consumer Finance industry average.
X
Value checks
We assess Funding Circle Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Funding Circle Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FCHL Future Performance

 How is Funding Circle Holdings expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Funding Circle Holdings expected to grow at an attractive rate?
  • Unable to compare Funding Circle Holdings's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Funding Circle Holdings's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as it is expected to be loss making during the next 1-3 years.
  • Funding Circle Holdings's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:FCHL Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:FCHL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 33.4%
BATS-CHIXE:FCHL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 13.9%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 18.8%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:FCHL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:FCHL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 233 -23 2
2021-12-31 218 -48 4
2020-12-31 181 -53 2
2020-04-03
BATS-CHIXE:FCHL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 157 -27 -85
2019-09-30 158 -30 -69
2019-06-30 159 -31 -53
2019-03-31 151 -30 -51
2018-12-31 142 -29 -49
2018-09-30 129 -24 -46
2018-06-30 117 -21 -43
2018-03-31 106 -22 -39
2017-12-31 95 -23 -35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Funding Circle Holdings is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Funding Circle Holdings's revenue is expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:FCHL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Funding Circle Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:FCHL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 -0.18 -0.18 -0.18 1.00
2020-12-31 -0.16 -0.14 -0.17 2.00
2020-04-03
BATS-CHIXE:FCHL Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 -0.24
2019-09-30 -0.21
2019-06-30 -0.17
2019-03-31 -0.17
2018-12-31 -0.18
2018-09-30 -0.18
2018-06-30 -0.17
2018-03-31 -0.15
2017-12-31 -0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Funding Circle Holdings will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Funding Circle Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Funding Circle Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FCHL Past Performance

  How has Funding Circle Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Funding Circle Holdings's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Funding Circle Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Funding Circle Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Funding Circle Holdings's 1-year growth to the GB Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Funding Circle Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Funding Circle Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:FCHL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 156.90 -84.70 66.70
2019-09-30 158.10 -68.90 76.00
2019-06-30 159.30 -53.20 82.80
2019-03-31 150.60 -51.25 77.55
2018-12-31 141.90 -49.30 72.30
2018-09-30 129.25 -46.30 63.25
2018-06-30 116.60 -43.20 56.70
2018-03-31 105.55 -39.25 53.40
2017-12-31 94.50 -35.30 50.10
2016-12-31 50.90 -46.60 29.60
2015-12-31 32.00 -39.60 23.20
2014-12-31 13.10 -19.41 29.64
2013-12-31 5.36 -5.11 9.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Funding Circle Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Funding Circle Holdings has efficiently used its assets last year compared to the GB Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Funding Circle Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Funding Circle Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Funding Circle Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FCHL Health

 How is Funding Circle Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Funding Circle Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Funding Circle Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Funding Circle Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Funding Circle Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Funding Circle Holdings Company Filings, last reported 3 months ago.

BATS-CHIXE:FCHL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 319.00 614.50 873.10
2019-09-30 319.00 614.50 873.10
2019-06-30 377.10 146.80 449.90
2019-03-31 377.10 146.80 449.90
2018-12-31 402.40 0.00 337.70
2018-09-30 402.40 0.00 337.70
2018-06-30 128.10 0.00 70.30
2018-03-31 128.10 0.00 70.30
2017-12-31 153.40 0.00 92.00
2016-12-31 104.20 0.00 44.60
2015-12-31 133.20 0.00 90.90
2014-12-31 46.94 2.74 36.34
2013-12-31 27.57 0.00 19.36
  • Funding Circle Holdings's level of debt (192.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (5.8% vs 192.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Funding Circle Holdings has sufficient cash runway for more than 3 years based on current free cash flow.
  • Funding Circle Holdings has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.2% each year.
X
Financial health checks
We assess Funding Circle Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Funding Circle Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FCHL Dividends

 What is Funding Circle Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Funding Circle Holdings dividends. Estimated to be 4.19% next year.
If you bought £2,000 of Funding Circle Holdings shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Funding Circle Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Funding Circle Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:FCHL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 14.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 608 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:FCHL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 0.19 1.00
2023-12-31 0.06 1.00
2022-12-31 0.00 2.00
2021-12-31 0.00 3.00
2020-12-31 0.00 4.00
2020-04-03

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Funding Circle Holdings has not reported any payouts.
  • Unable to verify if Funding Circle Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Funding Circle Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Funding Circle Holdings has not reported any payouts.
Future Payout to shareholders
  • The company is expected to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not expected to be well covered.
X
Income/ dividend checks
We assess Funding Circle Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Funding Circle Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Funding Circle Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FCHL Management

 What is the CEO of Funding Circle Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Samir Desai
COMPENSATION £4,081,000
AGE 36
CEO Bio

Mr. Samir Desai, CBE Co-founded Funding Circle Holdings Limited in 2010 and is the Chief Executive Officer and Director. Mr. Desai co-founded Funding Circle Limited in 2009 and has been its Chief Executive Officer since August 2010. Mr. Desai is responsible for driving the Funding Circle strategy, overseeing the it’s finances and managing the day to day operations. He was an Executive at Olivant Advisers Limited. Prior to Olivant, Mr. Desai has worked for The Boston Consulting Group, where he worked across a range of Financial Services sub-sectors, including retail banking, investment banking, non-life insurance and corporate foreign exchange. He also serves as a Director of Funding Circle Limited.

CEO Compensation
  • Samir's compensation has increased whilst company is loss making.
  • Samir's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Funding Circle Holdings management team in years:

1.3
Average Tenure
  • The average tenure for the Funding Circle Holdings management team is less than 2 years, this suggests a new team.
Management Team

Samir Desai

TITLE
Co-founder
COMPENSATION
£4M
AGE
36

Sean Glithero

TITLE
CFO & Director
COMPENSATION
£1M
AGE
45

Swati Lay

TITLE
Chief Technology Officer
TENURE
1.3 yrs

David de Koning

TITLE
Director of Investor Relations & Communications

Lucy Vernall

TITLE
General Counsel

Tom Shave

TITLE
Head of broker
TENURE
1.5 yrs

Lisa Jacobs

TITLE
Managing Director of UK
TENURE
1.3 yrs

Panni Morshedi

TITLE
Continental Europe Managing Director
TENURE
1.3 yrs

Sachin Patel

TITLE
Chief Capital Officer
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Funding Circle Holdings board of directors in years:

3.9
Average Tenure
55
Average Age
  • The tenure for the Funding Circle Holdings board of directors is about average.
Board of Directors

Andrew Learoyd

TITLE
Chairman
COMPENSATION
£50K
AGE
58
TENURE
3.9 yrs

Samir Desai

TITLE
Co-founder
COMPENSATION
£4M
AGE
36

Sean Glithero

TITLE
CFO & Director
COMPENSATION
£1M
AGE
45
TENURE
2.4 yrs

Cath Keers

TITLE
Independent Non-Executive Director
COMPENSATION
£156K
AGE
54
TENURE
1.9 yrs

John Daniels

TITLE
Independent Non-Executive Director
COMPENSATION
£36K
AGE
68
TENURE
3.6 yrs

Geeta Gopalan

TITLE
Independent Non-Executive Director
COMPENSATION
£111K
AGE
55
TENURE
1.4 yrs

Bob Steel

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£16K
AGE
67
TENURE
5.8 yrs

Ed Wray

TITLE
Independent Non-Executive Director
COMPENSATION
£16K
AGE
51
TENURE
8.7 yrs

Hendrik Nelis

TITLE
Non-Executive Director
AGE
55
TENURE
6.6 yrs

Neil Rimer

TITLE
Non-Executive Director
AGE
55
TENURE
9.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
09. Aug 19 Buy Andrew Learoyd Individual 08. Aug 19 08. Aug 19 47,103 £1.14 £50,957
X
Management checks
We assess Funding Circle Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Funding Circle Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FCHL News

Simply Wall St News

FCHL Company Info

Description

Funding Circle Holdings Plc, through its subsidiaries, provides online lending platforms in the United Kingdom, the United States, Germany, and the Netherlands. Its platforms allow retail and accredited investors, banks, asset management companies, insurance companies, and government-backed entities and funds to provide business loans for small and medium sized businesses. The company also work with institutional investors on securitization programs, which are marketed as SBOLT. In addition, it acts as a special purpose bankruptcy remote entity that issues loan payment dependent debt securities to accredited investors. Funding Circle Holdings Plc was founded in 2010 and is based in London, the United Kingdom.

Details
Name: Funding Circle Holdings plc
FCHL
Exchange: BATS-CHIXE
Founded: 2010
£187,796,143
349,063,463
Website: http://www.fundingcircle.com
Address: Funding Circle Holdings plc
71 Queen Victoria Street,
London,
Greater London, EC4V 4AY,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE FCH Ordinary Shares London Stock Exchange GB GBP 28. Sep 2018
OTCPK FDCH.F Ordinary Shares Pink Sheets LLC US USD 28. Sep 2018
DB FCA Ordinary Shares Deutsche Boerse AG DE EUR 28. Sep 2018
BATS-CHIXE FCHL Ordinary Shares BATS 'Chi-X Europe' GB GBP 28. Sep 2018
Number of employees
Current staff
Staff numbers
1,139
Funding Circle Holdings employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 20:09
End of day share price update: 2020/03/26 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.