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RNS Number : 2578V TruFin PLC 14 August 2025
14 August 2025
TruFin plc
("TruFin" or the "Company" or together with its subsidiaries the "Group")
Trading Update
TruFin is pleased to provide a trading update for the six months ended 30 June
2025 ("the Period") ahead of its interim results due in September 2025.
Group revenue for the Period is expected to be approximately £35.5m. This
represents growth in excess of 40% over the comparator period
(HY24: £25.3m). This strong performance has been primarily driven by
continued momentum within Playstack Ltd ("Playstack").
Adjusted EBITDA(1 )for the Period is expected to be more than £6.7m,
representing a year-on-year improvement in excess of 125% (HY24: £2.9m).
Group PBT(1) for the Period is expected to be more than £4.7m,
representing a year-on-year improvement in excess of 670% (HY24: £0.6m).
As a result of the Group's performance during the Period, it expects to
materially exceed market expectations for the full year.
The second half of the year has started strongly, helped in particular by the
full launch of Abiotic Factor at Playstack in July 2025. Playstack's hit ratio
- measured by the percentage of games generating a positive return on external
development costs - remains outstanding. With a growing back catalogue, strong
return on invested capital track record, and impressive pre-launch data from
its secured games pipeline, Playstack is well-positioned for 2025 and beyond.
The Company will give further details of its performance across the Group in
its forthcoming interim results.
Notes
(1) Excluding share-based payments
The information contained within this Announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No.596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019. By the publication of this Announcement via a Regulatory
Information Service, this inside information is now considered to be in the
public domain. The person responsible for arranging for the release of this
Announcement on behalf of the Company is Pav Subramaniam.
For further information, please contact:
TruFin plc 0203 743 1340
James van den Bergh, Chief Executive Officer
07779 229508
Kam Bansil, Investor Relations
Panmure Liberum Limited (Nominated Adviser and Corporate broker) 0203 100 2000
Chris Clarke
Edward Thomas
TruFin plc is the holding company of an operating group comprising three
growth-focused technology businesses operating in niche markets: early payment
provision, invoice finance and mobile games publishing. The Company was
admitted to AIM in February 2018 and trades under the ticker symbol: TRU. More
information is available on the Company website: www.TruFin.com.
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