19.01.21

Trading & Company Update


 

19 January 2021

TruFin plc
(“TruFin” or the “Company” or together with its subsidiaries the “Group”)


Trading & Company Update

TruFin is pleased to announce that revenues for the 12 months ended 31 December 2020 are expected to be significantly ahead of market expectations at approximately £14.6m (FY19: £7.3m), representing year-on-year growth in excess of 100%. This has predominantly been driven by strong performance from the console division of Playstack Ltd (“Playstack”) which, despite the further national lockdowns, has been supported by robust performance across the rest of the Group.

As a result, the Adjusted Loss Before Tax (‘LBT’) is also expected to be ahead of market expectations at no more than £8.4m (FY19: LBT of £9.3m).

The full RNS can be found here.

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