AmeriTrust Announces Second Quarter 2025 Financial Results
AmeriTrust Financial Technologies (OTCQB:AMTFF), a fintech platform focused on automotive finance, has released its Q2 2025 financial results. The company reported revenue of $407,347, showing a decline from both Q1 2025 ($438,812) and Q2 2024 ($542,166).
The company's cash position decreased to $6.07 million as of June 30, 2025, compared to $10.23 million at the end of 2024. Working capital surplus declined to $2.10 million from $4.00 million in the same period. The quarter's Adjusted EBITDA loss was impacted by foreign exchange movements and increased personnel costs due to new hires.
AmeriTrust Financial Technologies (OTCQB:AMTFF), una piattaforma fintech specializzata nella finanza automobilistica, ha pubblicato i risultati finanziari del secondo trimestre 2025. La società ha registrato ricavi per $407.347, in calo rispetto sia al primo trimestre 2025 ($438.812) sia al secondo trimestre 2024 ($542.166).
La posizione di cassa è diminuita a $6,07 milioni al 30 giugno 2025, rispetto a $10,23 milioni alla fine del 2024. L'eccedenza di capitale circolante è scesa a $2,10 milioni dai $4,00 milioni dello stesso periodo dell'anno precedente. La perdita di Adjusted EBITDA del trimestre è stata influenzata dalle variazioni dei cambi e da maggiori costi del personale a seguito di nuove assunzioni.
AmeriTrust Financial Technologies (OTCQB:AMTFF), una plataforma fintech centrada en financiación automotriz, ha publicado sus resultados del segundo trimestre de 2025. La compañía informó ingresos de $407,347, mostrando una caída respecto al primer trimestre de 2025 ($438,812) y al segundo trimestre de 2024 ($542,166).
La posición de efectivo se redujo a $6.07 millones al 30 de junio de 2025, frente a $10.23 millones a finales de 2024. El superávit de capital de trabajo disminuyó a $2.10 millones desde $4.00 millones en el mismo periodo. La pérdida de EBITDA ajustado del trimestre se vio afectada por movimientos en el tipo de cambio y por mayores costos de personal debido a nuevas contrataciones.
AmeriTrust Financial Technologies (OTCQB:AMTFF)는 자동차 금융에 주력하는 핀테크 플랫폼으로 2025년 2분기 실적을 발표했습니다. 회사는 매출 $407,347를 보고했으며, 이는 2025년 1분기($438,812) 및 2024년 2분기($542,166) 대비 감소한 수치입니다.
현금 보유액은 2025년 6월 30일 기준 $6.07백만으로, 2024년 말의 $10.23백만에서 줄었습니다. 운전자본 잉여금은 같은 기간 $4.00백만에서 $2.10백만으로 감소했습니다. 분기 조정 EBITDA 손실은 환율 변동과 신규 채용으로 인한 인건비 증가의 영향을 받았습니다.
AmeriTrust Financial Technologies (OTCQB:AMTFF), une plateforme fintech spécialisée dans le financement automobile, a publié ses résultats du 2e trimestre 2025. La société a annoncé des revenus de $407,347, en baisse par rapport au T1 2025 ($438,812) et au T2 2024 ($542,166).
La trésorerie a diminué pour atteindre $6.07 millions au 30 juin 2025, contre $10.23 millions à la fin de 2024. L'excédent de fonds de roulement est passé à $2.10 millions contre $4.00 millions sur la même période. La perte d'EBITDA ajusté du trimestre a été affectée par des mouvements de change et par une hausse des coûts de personnel en raison de nouvelles recrues.
AmeriTrust Financial Technologies (OTCQB:AMTFF), eine Fintech-Plattform mit Fokus auf Fahrzeugfinanzierung, hat ihre Finanzergebnisse für Q2 2025 veröffentlicht. Das Unternehmen meldete Umsatzerlöse von $407.347, was einen Rückgang gegenüber Q1 2025 ($438.812) und Q2 2024 ($542.166) darstellt.
Die Barmittelposition sank zum 30. Juni 2025 auf $6,07 Millionen gegenüber $10,23 Millionen Ende 2024. Der Working-Capital-Überschuss ging von $4,00 Millionen auf $2,10 Millionen zurück. Der bereinigte EBITDA-Verlust des Quartals wurde durch Wechselkursbewegungen und gestiegene Personalkosten infolge neuer Einstellungen belastet.
- Working capital remains positive at $2.10 million
- Company maintains substantial cash position of $6.07 million
- Revenue declined 6.7% quarter-over-quarter to $407,347
- Revenue decreased 24.9% year-over-year from $542,166
- Cash position reduced by 40.6% from December 2024
- Working capital surplus decreased by 47.5% from December 2024
- Increased personnel costs impacting EBITDA
TORONTO, ON / ACCESS Newswire / August 27, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), a fintech platform targeting automotive finance, is announcing that it has filed its interim Consolidated Financial Statements and Management's Discussion and Analysis report for the three and six months ended June 30, 2025. These documents may be viewed under the Company's profile at www.sedarplus.ca.
Cash on hand at June 30, 2025, was
Revenue for the second quarter of 2025 decreased to
About AmeriTrust Financial Technologies Inc.
AmeriTrust Financial Technologies Inc., listed on the TSX Venture Exchange, OTCQB, and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. AmeriTrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. AmeriTrust's platform is being made available across the United States.
For further information, please visit the AmeriTrust website or contact:
Shibu Abraham
Chief Financial Officer and Director
E: info@ameritrust.com
P: 1-800-600-6872
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Non-IFRS Measures:
This news release makes reference to "EBITDA" and "Adjusted EBIDTA" which are non-IFRS financial measures. The Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance with IFRS. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results.
"EBITDA" is defined as Earnings before Interest, Taxation, Depreciation and Amortization. Management believes this is a useful metric in evaluating the ongoing operating performance of the Company.
"Adjusted EBITDA" is defined as Earnings before Interest, Taxation, Depreciation, Amortization, Share Based Compensation expense, Provision for expected credit loss on lease contracts and revision to the provision, foreign exchange loss, and other one-time costs is an additional measure used by management to evaluate cash flows and the Company's ability to service debt. Adjusted EBITDA is a non-IFRS measure and should not be considered an alternative to operating income or net income (loss) in measuring the Company's performance.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, the intention to grow the business, operations, and existing and potential activities of the Company, future prospects of the Company, the ability of the Company to execute on its business plan and the anticipated benefits of the Company's business plan, negotiations with potential funding partners and the ability of the Company to secure additional funding, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as at the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.
SOURCE: AmeriTrust Financial Technologies Inc.
View the original press release on ACCESS Newswire
FAQ
What was AmeriTrust's (AMTFF) revenue in Q2 2025?
How much cash does AmeriTrust (AMTFF) have on hand as of Q2 2025?
What is AmeriTrust's (AMTFF) working capital position in Q2 2025?
What factors affected AmeriTrust's (AMTFF) EBITDA in Q2 2025?
How did AmeriTrust's (AMTFF) Q2 2025 revenue compare to previous quarters?
