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AmeriTrust Reports Decline in Q2 2025 Financial Performance
AmeriTrust Financial Technologies Inc., a fintech company focused on automotive finance, has released its financial results for the second quarter of 2025. The company's cash balance as of June 30 stood at $6,076,370, showing a decrease from $10,231,191 at the end of 2024. The working capital surplus also dropped to $2,103,566 from $4,002,995 previously.
Revenue for Q2 2025 was reported at $407,347, declining from $438,812 in the first quarter of 2025 and $542,166 in Q2 2024. The company's adjusted EBITDA loss decreased compared to the previous quarter due to favorable foreign exchange movements, despite an increase compared to the same quarter last year, attributed to higher personnel costs.
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