Trading Update

TruFin is pleased to provide a trading update for the six months ended 30 June 2025 ("the Period") ahead of its interim results due in September 2025.

Group revenue for the Period is expected to be approximately £35.5m. This represents growth in excess of 40% over the comparator period (HY24: £25.3m). This strong performance has been primarily driven by continued momentum within Playstack Ltd ("Playstack").

Adjusted EBITDA for the Period is expected to be more than £6.7m, representing a year-on-year improvement in excess of 125% (HY24: £2.9m). Group PBT for the Period is expected to be more than £4.7m, representing a year-on-year improvement in excess of 670% (HY24: £0.6m).  As a result of the Group's performance during the Period, it expects to materially exceed market expectations for the full year.

The second half of the year has started strongly, helped in particular by the full launch of Abiotic Factor at Playstack in July 2025. Playstack's hit ratio - measured by the percentage of games generating a positive return on external development costs - remains outstanding. With a growing back catalogue, strong return on invested capital track record, and impressive pre-launch data from its secured games pipeline, Playstack is well-positioned for 2025 and beyond.

The Company will give further details of its performance across the Group in its forthcoming interim results.