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Ameritrust Financial Technologies ( (TSE:AMT) ) has shared an announcement.
AmeriTrust Financial Technologies reported a decrease in revenue for the first quarter of 2025, with figures dropping to $438,812 from previous quarters. The company also experienced an increased adjusted EBITDA loss due to higher personnel costs from increased headcounts. Despite these financial challenges, AmeriTrust maintains a working capital surplus, indicating a stable financial position. The company’s focus on disrupting the automotive finance sector with its cloud-based platform continues to position it as a significant player in the fintech industry.
More about Ameritrust Financial Technologies
AmeriTrust Financial Technologies Inc. is a fintech company listed on the TSX Venture Exchange, OTCQB, and Frankfurt markets. It provides finance solutions targeting the automotive industry through its integrated, cloud-based transaction platform, facilitating transactions among consumers, dealers, and funders across the United States.
Average Trading Volume: 475,327
Technical Sentiment Signal: Hold
Current Market Cap: C$60.16M
For a thorough assessment of AMT stock, go to TipRanks’ Stock Analysis page.
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