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Aferian plc ( (GB:AFRN) ) has shared an update.
Aferian plc reported a significant improvement in financial performance for the first half of FY2025, with a 36% increase in revenue compared to the same period last year, driven by strong growth in its Amino business. The company anticipates continued profitability and a 20% increase in full-year revenues, while also focusing on debt refinancing and cost optimization to strengthen its financial position.
More about Aferian plc
Aferian plc is a B2B video streaming solutions company that provides end-to-end solutions for live and on-demand video streaming across various devices. The company focuses on creating consumer-centric, data-driven, and adaptable technologies to enhance subscriber engagement and audience satisfaction. Aferian operates through two main subsidiaries, 24i and Amino, which offer streaming video experiences and connect Pay TV to streaming services, respectively. The company is listed on the London Stock Exchange’s AIM market and has a global presence with offices in multiple international locations.
Average Trading Volume: 89,221
Technical Sentiment Signal: Sell
Current Market Cap: £4.23M
Learn more about AFRN stock on TipRanks’ Stock Analysis page.