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TruFin ( (GB:TRU) ) just unveiled an update.
TruFin PLC announced a significant financial achievement with its adjusted profit before tax expected to exceed market expectations, marking the company’s first full-year profit ahead of schedule. This positive outcome is largely attributed to the strong performance of its subsidiaries, particularly Playstack Limited’s successful game launches that drove revenue growth. Additionally, Oxygen Finance achieved new client wins and contract renewals, while Satago Financial Solutions is restructuring after losing a key contract, with plans for future growth. The overall financial health of the company is strong, with a notable revenue increase and cash reserves, positioning TruFin for continued growth and value delivery to shareholders.
More about TruFin
TruFin PLC operates within the financial services industry, focusing on diverse sectors including gaming, finance, and technology. The company is known for its subsidiaries like Playstack Limited, which is involved in game publishing, Oxygen Finance Group Limited, specializing in early payment systems, and Satago Financial Solutions Limited, which offers financial solutions to businesses.
YTD Price Performance: 0.48%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $114.6M
See more insights into TRU stock on TipRanks’ Stock Analysis page.
