Trufin

TRU · AIM · Financial Services · mcap £54m · 100.0p

TruFin is an AIM-listed holding company that owns Oxygen Finance (early payment programmes for public sector suppliers) and Satago (invoice financing technology). It sold its Playstack games publishing stake in 2026.

Target	Promise	Said	Status
2024
2024	All three subsidiaries on path to EBITDA profitability in 2024.	26 Mar 2024	◐ Partly kept
	“two of the three now EBITDA profitable and the third poised to follow” Status so far Group EBITDA was positive at £7.6m in 2024, but Satago was still targeting break-even by June 2026. “Satago's streamlined strategy allows it to achieve break-even by June 2026.”26 Mar 2025 · Final Results “Despite being a stretched target, Satago continues to aim for break-even by June 2026.”17 Sep 2025 · Half-year Results
2025
31 Mar 2025	Update shareholders on DF Capital and other Satago partnerships at March 2025 results.	16 Jan 2025	◐ Partly kept
	“Shareholders will be further updated as to progress with this and other partnerships at TruFin's Full Year results in March.” Result March 2025 results covered Satago generally; DF Capital progress detail is not in the summary. “Following the successful launch of a partnership with Distribution Finance Capital plc ("DF Capital") earlier this year, Satago has launched its embedded invoice finance solution in Portugal with a leading Tier-1 Bank.”26 Mar 2025 · Final Results
2026
30 Jun 2026	Satago to reach cash flow break-even by June 2026.	6 Jan 2025	◐ Partly kept
	“Satago continues to aim for break-even by June 2026” Also stated 17 Sep 2025 Result H1 2026: Satago EBITDA profitable ahead of schedule but expected loss-making for full year 2026. “Satago turned EBITDA profitable in June 2026, in line with expectations. Given the current momentum, we now expect Satago to record its first full year of positive EBITDA for 2026, ahead of previous expectations.”17 Sep 2026 · Interim Results and Directorate Change “It is expected to be loss-making for the full year 2026, with a target of achieving full-year profitability in 2027.”17 Sep 2026 · Interim Results and Directorate Change