BUZZ-UK'S TruFin rises on upbeat FY25 sales, profit forecast

Reuters12-11
BUZZ-UK'S TruFin rises on upbeat FY25 sales, profit forecast

** Shares of software services provider TruFin TRU.L up 3.8% at 122.5p

** Co expects FY25 results to significantly exceed prior guidance on strong back-catalogue performance, higher-than-expected sales of 'Unbeatable' game published by Playstack

** TRU expects FY revenue, adjusted EBITDA, and PBT above 60.3 mln pounds ($80.61 mln), 11.2 mln pounds, and 7 mln pounds respectively

** “Playstack drives TruFin’s 7% revenue and 30% PBT upgrade, fueled by strong back-catalogue performance and the successful launch of Unbeatable, its third-best day-one release” -Panmure Liberum

** As of last close, stock had risen ~50% YTD

($1 = 0.7481 pounds)

(Reporting by Tuhina in Bengaluru)

((Tuhina@thomsonreuters.com))

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