Last checked at 13 May 2024 07:00
13 May 2024
TruFin plc
("TruFin" or the "Company" or together with its subsidiaries "TruFin Group" or the "Group")
Trading Update
TruFin is pleased to announce that its trading performance for the 12 months ended 31 December 2024 is expected to be significantly ahead of market expectations. The Group is now expected to be EBITDA positive for the full year.
This outperformance has been driven by Playstack Ltd's launch of Balatro, their fastest selling PC / console game, and the newly launched Abiotic Factor, which surpassed 250,000 units sold in the first 8 days of sales.
The rest of the Group has also seen robust performance during the year to date.
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 Annie Styler.
Enquiries:
TruFin plc James van den Bergh, Chief Executive OfficerKam Bansil, Investor Relations | 0203 743 134007779 229508 |
Liberum Capital Limited (Nominated Adviser and Corporate broker) Chris ClarkeEdward Thomas | 0203 100 2000 |
About TruFin plc:
TruFin plc is the holding company of an operating group comprising four growth-focused technology businesses operating in niche markets: early payment provision, invoice finance and console 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.