TruFin PLC reported strong financial results for the 12 months ended December 31, 2025, with a 20% increase in gross revenue to ยฃ65.9 million, a 46% gross profit margin, and a 66% year-on-year improvement in adjusted EBITDA to ยฃ12.6 million. The companys adjusted profit before tax (PBT) increased by 848% to ยฃ8.4 million. TruFins subsidiaries, Playstack and Oxygen, experienced significant revenue growth, while Satagos revenue declined due to the loss of a major contract. The company executed share buybacks totaling ยฃ8 million during the year and announced a further ยฃ6 million buyback post-year end. TruFins current trading is in line with expectations, and the company is well-positioned for future growth, with a strong focus on disciplined capital allocation and long-term shareholder value creation.
| Financial Metric | 2024 | 2025 | Year-on-Year Change |
|---|
| Gross Revenue | ยฃ55.0m | ยฃ65.9m | 20% |
| Gross Profit Margin | 45% | 46% | 1% increase |
| Adjusted EBITDA | ยฃ7.6m | ยฃ12.6m | 66% |
| Adjusted Profit Before Tax (PBT) | ยฃ0.9m | ยฃ8.4m | 848% |
| Cash and Cash Equivalents | ยฃ14.9m | ยฃ12.4m | 17% decrease |
| Debt (Borrowings) | ยฃ4.2m | ยฃ0.003m | 99.9% decrease |
### Key Observations:
1. **Revenue Growth**: Gross revenue increased by 20% year-on-year, driven by strong performances across subsidiaries, particularly Playstack and Oxygen.
2. **Profitability Improvement**: Adjusted EBITDA and PBT saw significant increases of 66% and 848%, respectively, highlighting improved operational efficiency and scalability.
3. **Cash Position**: Despite a 17% decrease in cash and cash equivalents, the company remains in a strong financial position with ยฃ12.4m in cash.
4. **Debt Reduction**: Borrowings were almost entirely eliminated, dropping from ยฃ4.2m to a negligible amount, indicating a healthier balance sheet.
5. **Share Buybacks**: The company executed share buybacks totaling ยฃ8m in 2025, reflecting confidence in its financial health and commitment to shareholder value.