Alfa, a developer of software for the equipment finance industry, last week reported its audited results for the 12 months ended Dec. 31, 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."