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Butn Limited ( (AU:BTN) ) just unveiled an announcement.
Butn Limited announced record quarterly revenue of $3.9 million and originations of $124.5 million for Q3 FY25, marking a 19% and 14% increase respectively over the previous corresponding period. The company achieved a positive operating cash flow of $0.9 million, supported by improved revenue margins and reduced operating costs. Strategic growth initiatives, including a partnership with Jim’s Group to provide franchise funding, are expected to enhance Butn’s market positioning and expand its reach in the ANZ region.
More about Butn Limited
Butn Limited operates in the financial services industry, providing fast, secure, and efficient funding solutions primarily focused on the SME community. The company is listed on the ASX under the ticker BTN and has a market focus on embedded funding technology and strategic partnerships.
YTD Price Performance: 39.44%
Average Trading Volume: 360,745
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$27.66M
For an in-depth examination of BTN stock, go to TipRanks’ Stock Analysis page.