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Butn Limited ( (AU:BTN) ) has issued an update.
Butn Limited announced a successful first half of 2025, achieving maiden profitability with a record revenue of $7.1 million and a profit of $0.2 million, marking a significant improvement from a $3.2 million loss in the previous corresponding period. The company’s strategy of optimizing business operations and expanding into new markets, including the APAC Crypto-Backed Lending Market and launching a Private Retail Credit Fund, has enhanced its financial position and market presence, benefiting stakeholders and signaling robust growth potential.
More about Butn Limited
Butn Limited operates in the financial services industry, focusing on digital cashflow funding solutions. The company offers services such as invoice finance, trade finance, asset finance, and property finance, with a strategic emphasis on leveraging technology to enhance financial product delivery to small and medium-sized enterprises (SMEs).
YTD Price Performance: 32.86%
Average Trading Volume: 203,247
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.98M
For a thorough assessment of BTN stock, go to TipRanks’ Stock Analysis page.