AmeriTrust Announces Third Quarter 2025 Financial Results

Executive Summary

• AmeriTrust Financial Technologies Inc. filed its interim Consolidated Financial Statements and MD&A for the three‑ and nine‑month periods ended September 30, 2025.
• Cash on hand fell to $4.14 M from $10.23 M at year‑end 2024, and working capital turned to a modest surplus of $44.8 K versus $4.00 M surplus previously.
• Q3 2025 revenue declined to $389,724 (down from $407,347 in Q2 2025 and $514,144 YoY), while Adjusted EBITDA recorded a loss of $1.93 M, widening from the prior quarter’s adjusted loss of $1.31 M.

Key Details

• Cash Position: $4,140,969 at September 30 2025 (down 59% vs. Dec 31 2024).
• Working Capital: Surplus of $44,759 at September 30 2025 (vs. $4,002,995 at Dec 31 2024).
• Revenue: Q3 2025 – $389,724; Q2 2025 – $407,347; Q3 2024 – $514,144.
• Gross Profit: Q3 2025 – $143,341; Q3 2024 – $232,827; Q2 2025 – $143,799; Q2 2024 – $230,943.
• Net Income (Loss): Q3 2025 – $(2,988,439); Q2 2025 – $96,002; Q3 2024 – $(3,045,556); Q2 2024 – $650,767.
• EBITDA: Q3 2025 – $(2,850,559); Q2 2025 – $125,555; Q3 2024 – $(2,905,179); Q2 2024 – $674,132.
• Adjusted EBITDA: Q3 2025 – $(1,930,666); Q2 2025 – $(1,310,119); Q3 2024 – $(1,650,462); Q2 2024 – $(1,300,215).
• Reason for Adjusted EBITDA Decline: Increased salaries and wages from new hires preparing for a restart of lease originations.
• Documents Availability: Interim Consolidated Financial Statements and MD&A can be accessed via the company’s profile on www.sedarplus.ca.

Notable Quotes

(No executive quotes were included in the release.)