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AmeriTrust Shows Steady Revenue and Improved Cost Management

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AmeriTrust Shows Steady Revenue and Improved Cost Management

Powerband Solutions (TSE:AMT) has released an update.

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AmeriTrust reported steady revenue for the third quarter of 2024, primarily driven by servicing existing lease portfolios, alongside a reduced adjusted EBITDA loss due to effective cost management. Despite a decrease in cash on hand, the company maintains its commitment to planned growth in the automotive finance sector.

For further insights into TSE:AMT stock, check out TipRanks’ Stock Analysis page.

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