AmeriTrust Shows Steady Revenue and Improved Cost Management

Powerband Solutions (TSE:AMT) has released an update.

AmeriTrust reported steady revenue for the third quarter of 2024, primarily driven by servicing existing lease portfolios, alongside a reduced adjusted EBITDA loss due to effective cost management. Despite a decrease in cash on hand, the company maintains its commitment to planned growth in the automotive finance sector.

For further insights into TSE:AMT stock, check out TipRanks’ Stock Analysis page.