Alfa, a leading developer of software for the equipment finance industry, last week reported its audited results for the 12 months ended 31 December 2024. The year marked significant achievements across financial performance, strategic growth and innovation.

Underscoring strong market endorsement and expanding its customer base, Alfa secured eight new customer wins and retains a robust late-stage pipeline. There were a total of 26 go-lives or upgrades during the year.

Accelerating Alfa’s transition to a SaaS subscription model, customers who run Alfa Systems on Alfa Cloud’s secure, flexible and highly available single-tenant environments now total 21.

In the area of product innovation, the successful launch of Alfa Systems 6 highlighted ongoing investment in cutting-edge technology and product enhancement. Meanwhile, Alfa demonstrated its commitment to sustainable business practices by joining the United Nations Global Compact.

Andrew Denton, CEO, commented:

“2024 was a breakthrough year for Alfa marked by the successful launch of Alfa Systems 6 and a record number of wins across our major markets. To meet the strong demand for our products, we have continued to recruit high-quality people, ending the year with more than 500 people working for Alfa.

“We continue to invest in Alfa Systems 6 to expand our functional and technical lead over our competition, while continuing to deliver reliably for our customers.

“The year’s operational execution and strong sales and financial performance, along with our very healthy pipeline, has reinforced the strength of our strategy and we remain confident in the outlook for the business.”

Further information, including financials, is available from alfasystems.com/investors.

About Alfa

Alfa has been delivering leading-edge technology to the global equipment finance and leasing industry since 1990. Our specialized expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world's largest and most progressive equipment finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise. Alfa Systems 6, a breakthrough iteration of our software platform, was launched in 2024.

Alfa maintains exceptional customer satisfaction through an impeccable track record, with our experience and performance unrivaled in the industry. Our customers stick with us for the long term, because we deliver value that lasts for decades.

Alfa has offices all over the Americas, Europe and Australasia. For more information, visit us at alfasystems.com or on LinkedIn.