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An announcement from Aferian plc ( (GB:AFRN) ) is now available.
Aferian plc reported a significant improvement in its financial performance for the first half of 2025, with a 36% increase in revenue to $16.6 million and a turnaround to an adjusted EBITDA profit of $1.7 million. This growth was driven by a 94% rise in Amino revenue and stable performance in the 24i segment, despite challenges such as customer churn. The company is in the process of renegotiating its bank facilities, which introduces some uncertainty, but it remains confident in its growth strategy and expects full-year revenues to be 20% higher than the previous year.
More about Aferian plc
Aferian plc is a B2B video streaming solutions company, primarily focused on providing software and services for video delivery, including the Amino and 24i segments. The company operates in the video streaming industry, catering to Pay TV, Enterprise Video, and Digital Signage markets.
Average Trading Volume: 72,437
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.61M
For detailed information about AFRN stock, go to TipRanks’ Stock Analysis page.
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