AmeriTrust Financial Technologies (AMT) Q1 2025 earnings summary

Executive summary

• AmeriTrust Financial Technologies reported Q1 2025 results, focusing on automotive finance via its fintech platform.

Financial highlights

• Cash on hand at March 31, 2025, was $7.87M, down from $10.23M at December 31, 2024.

• Working capital surplus was $3.90M at March 31, 2025, compared to $4.00M at December 31, 2024.

• Q1 2025 revenue was $438,812, down from $477,232 in Q4 2024 and $627,332 in Q1 2024.

• Gross profit for Q1 2025 was $157,976, compared to $317,304 in Q4 2024 and $337,034 in Q1 2024.

• Net loss for Q1 2025 was $(1,165,214), compared to $(1,140,183) in Q4 2024 and $(1,504,648) in Q1 2024.

Key financial ratios and metrics

• Adjusted EBITDA loss increased in Q1 2025 due to higher personnel costs from increased headcount.

• EBITDA and Adjusted EBITDA are non-IFRS measures used for period comparison and cash flow evaluation.