Half Year 2024 FD Technologies PLC Earnings Call Transcript
Good morning, everybody, and welcome to the first half results for FD Technologies. I'm joined here today by our CFO, Ryan Preston, who will take us through the numbers. But before we dive into any of the detail today, I think given the significance of the announcements that we're making today, I'd like to sort of recap a little bit on the progress over the last 2 years since we set out our growth strategy and the vision for the business. And the results of that strategy are that KX's this year on its third year of strong ARR growth, and the First Derivative business is today more than 40% larger than it was 2 years ago when we set this out.
Today, we announced the next phase of the strategy. We indicated here in May that we saw the opportunity for KX to increase its growth rate even further. And today, we're announcing that we're bringing forward the investment to accelerate that growth rate, bringing that forward from next year into this year. Additionally, underlining the success of the strategy that we set out 2 years ago, today
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