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IN BRIEF: TruFin annual loss narrows as revenue jumps

ALN

TruFin PLC - London-based financial technology holding company for niche lenders and early payment providers - Posts revenue of £16.1 million for 2022, up 23% from £13.1 million in 2021, driven by significant revenue growth from subsidiaries. Net revenue jumps to £11.0 million from £6.9 million in 2021. Loss before tax narrows to £8.0 million from £8.4 million. Cash amounts to £10.3 million at year-end. Looking ahead, says revenue in January is not less than £980,000, up 26% year-on-year.

Current stock price: 69.00 pence each

12-month change: down 16%

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