Australia's Butn at two-week high on monthly revenue growth

Butn

21/04/2026 04:39

** Shares of Butn BTN.AX rise as much as 17.2% to A$0.03, their highest level since April 8

** Stock on track for its best session since February 12, if current gains hold

** Business-to-business funder records monthly revenue of A$1.5 million ($1.08 million), up 30% on pcp

** Attributes the rise in revenue to new clients, continued organic growth and
utilisation of Butn’s embedded funding solutions

** About 1.6 million shares change hands, 4.2 times the 30-day avg

** Stock down 60.3% YTD, including the session's moves

($1 = 1.3945 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com; ))