Australia's Butn set for best day in three weeks as July revenue surges
10/08/2022 06:33
** Shares of B2B payments platform Butn Ltd BTN.AX rise as
much as 4% to A$0.13, set for best day since July 18, if gains
hold
** Co says total originations for July came in at A$31.5 mln
($21.91 mln), up 58% from last year urn:newsml:reuters.com:*:nASX2K5LdM
** Says July's net revenue rose 78% to A$0.7 mln, compared
with a year-ago period
** Co further announces securing additional debt funding of
A$5 mln ($3.48 mln) from noteholders under the 2019-1 bond
** Stock down 63.2% this year, as of last close
($1 = 1.4378 Australian dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))