AmeriTrust Financial Technologies (AMT) Q3 2025 earnings summary

Executive summary

• Reported third quarter 2025 results with revenue of $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.

• Gross profit for Q3 2025 was $143,341, a decrease from $232,827 in Q3 2024.

Financial highlights

• Cash on hand at September 30, 2025, was $4,140,969, down from $10,231,191 at December 31, 2024.

• Working capital surplus at quarter-end was $44,759, compared to $4,002,995 at year-end 2024.

• Adjusted EBITDA loss for Q3 2025 was $1,930,666, higher than $1,310,119 in Q3 2024 and $1,650,462 in Q2 2025.

• EBITDA for Q3 2025 was $(2,850,559), compared to $125,555 in Q3 2024.

Outlook and guidance

• 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.