UK's TruFin 2025 revenue rises driven by new game launches

Trufin

18/03/2026 07:11

Correct Pretax Profit figure in Key Details table to GBP 7.61 mln from -GBP 4.10 mln

Overview

UK fintech and games publisher's 2025 gross revenue rose 20% to £65.9 mln

Adjusted EBITDA increased 66% year-on-year to £12.6 mln

Company executed £8 mln share buybacks in 2025, with £6 mln more announced in 2026

Outlook

TruFin says group revenue for Jan-Feb 2026 is tracking Board expectations at not less than £9.3m

Playstack expects to release 8 titles in 2026, including Mortal Shell II and Raccoin

Satago expects subscription revenue growth to accelerate in 2026 as new partners are onboarded

Result Drivers

PLAYSTACK GROWTH - Revenue at Playstack rose 24% to £55.3 mln, driven by strong catalogue performance and new game launches, including Abiotic Factor and Balatro

OXYGEN RECURRING REVENUE - Oxygen's 18% revenue growth was driven by expansion in Early Payment programmes, high client retention, and growth in SaaS and partnership services

SATAGO RESTRUCTURING - Satago's revenue fell 50% after losing a major banking contract, prompting cost reductions and a shift to technology and servicing revenue

Company press release: ID:nRSR0525Xa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Gross Revenue
GBP 65.92 mln
FY Fee Income
GBP 10.10 mln
FY Pretax Profit
GBP 7.61 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for TruFin PLC is GBp193.00, about 53.2% above its March 17 closing price of GBp126.00

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)