27th Jun 2024 11:50
TruFin PLC - London-based holding company of three growth-focused technology businesses operating in early payment provision, invoice finance, and mobile games publishing - Subsidiary Playstack Ltd inks a "significant" contract with an unnamed technology platform for one of its games. Says the multi-year contract comprises both an upfront payment and monthly performance-based payments. Adds that the contract helps to underpin the visibility of Playstack's revenue for the coming years.
Chief Executive Harvey Elliott says: "We are delighted to have secured another significant partnership for Playstack, providing a strong revenue stream over the next few years. This new contract further evidences how we maximise the potential of our catalogue of high quality and engaging games, and reinforces the value that is achievable as we execute our growth strategy."
Current stock price: 82.90 pence, up 1.7% in London on Thursday
12-month change: up 27%
By Sophie Rose, Alliance News senior reporter
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