AmeriTrust Financial Technologies (AMT) Q3 2025 earnings summary

Executive summary

• Report covers the three and nine months ended September 30, 2025, with results in Canadian dollars.

• The company develops and markets cloud-based platforms for vehicle financing and leasing, targeting the automotive finance sector across the United States.

• Operations are segmented into Canadian and US divisions, with the US segment generating the majority of revenue.

• Q3 2025 revenue was $389,724, down from $514,144 in Q3 2024 and $407,347 in Q2 2025.

• Net loss for Q3 2025 was $2,988,439, compared to net income of $96,002 in Q3 2024.

Financial highlights

• Revenue for the nine months ended September 30, 2025, was $1,235,883, down from $1,683,642 year-over-year.

• Net loss for the nine months was $7,199,209, compared to $757,879 in the prior year period.

• Gross profit for the nine months was $445,116, down from $800,804 year-over-year.

• Cash and cash equivalents at September 30, 2025, were $4,140,969, down from $10,231,191 at December 31, 2024.

• Working capital surplus at September 30, 2025, was $44,759, compared to $4,002,995 at December 31, 2024.

Outlook and guidance

• Management anticipates the need for future financing to support working capital and achieve profitability.

• Increased salaries and wages in Q3 2025 due to new hires in preparation for the restart of lease originations.

• Management expresses intent to grow the business and secure additional funding, but cautions on forward-looking statements due to uncertainties.

• There is no assurance that additional financing will be available or on favorable terms.