TruFin PLC
LSE:TRU
TruFin PLC
TruFin Plc engages in the provision of niche ledning and early payment services. The principal activities of the Company are the provision of niche lending, early payment services and mobile game publishing. The firm operates through four segments: short term finance, payment services, publishing, and other operations. The short-term finance segment includes provision of invoice discounting and succession financing for the IFA space. The payment services segment includes provision of early payment programme services. The Publishing segment includes publishing of video games. The firm provides technological and service solutions to the working capital and early payment markets.
TruFin Plc engages in the provision of niche ledning and early payment services. The principal activities of the Company are the provision of niche lending, early payment services and mobile game publishing. The firm operates through four segments: short term finance, payment services, publishing, and other operations. The short-term finance segment includes provision of invoice discounting and succession financing for the IFA space. The payment services segment includes provision of early payment programme services. The Publishing segment includes publishing of video games. The firm provides technological and service solutions to the working capital and early payment markets.
Revenue Growth: First half 2025 revenue rose to GBP 36 million, a 42% increase over the first half of 2024.
Profit Expansion: EBITDA for the first half reached GBP 6.9 million, up 136% year-on-year, with EBITDA margin rising from 11.4% to 19.1%.
Strong Cash Position: Cash and cash equivalents stood at GBP 18 million at half-year, and GBP 18.5 million at end of August, even after share buybacks.
Playstack Momentum: Playstack delivered exceptional performance, with major game launches (Abiotic Factor, Void/Breaker) and robust pipeline investment for 2026.
Oxygen Stability: Oxygen posted 27% revenue growth in H1 despite a 24% market-wide drop in U.K. tenders, demonstrating strong market position and long-term revenue visibility.
Satago Restructuring: Satago's revenues fell 56% due to contract loss, but aggressive cost cuts reduced losses and a new major partner contract was signed.
Shareholder Returns: Announced a second GBP 4 million share buyback, bringing total to GBP 8 million, reflecting confidence in the business.
Guidance & Outlook: Management remains focused on investing for growth, disciplined cost control, and underpromising/overdelivering for shareholders.
