Butn Cuts Net Loss by 78% as Revenue Climbs 8% in FY25
Butn Limited has reported a notable turnaround in its financial results for the year ended June 2025, with revenue growth and a sharp reduction in net loss, though dividends remain off the table.
- Revenue increased 8% to $14.6 million
- Net loss reduced by 78% to $2.66 million
- No dividends declared for FY25 or prior year
- Net tangible assets per share rose 24%
- Results audited by Hall Chadwick Melbourne
A Year of Financial Improvement
Butn Limited, the Australian fintech specialising in transactional funding for small and medium enterprises (SMEs), has released its audited financial results for the fiscal year ending 30 June 2025. The company posted an 8% increase in revenue to $14.6 million, reflecting steady growth in its core business of providing working capital solutions to SMEs.
More strikingly, Butn slashed its net loss by 78%, from $12.3 million in FY24 to $2.66 million in FY25. This substantial improvement signals a positive shift in operational efficiency and cost management, although the company remains in the red.
Balance Sheet and Dividend Policy
Alongside the improved earnings, Butn’s net tangible asset value per share increased by 24% to 3.1 cents, suggesting a stronger balance sheet and enhanced shareholder value despite ongoing losses. However, consistent with the previous year, Butn has not declared any dividends, underscoring a cautious approach to capital allocation as it focuses on growth and consolidation.
The absence of dividends may temper some investor enthusiasm, but it aligns with the company’s strategic priorities in a competitive fintech landscape where reinvestment often takes precedence over immediate shareholder returns.
Outlook and Market Position
Butn’s business model centres on leveraging the creditworthiness of end debtors to finance individual SME transactions, a niche that has seen growing demand amid ongoing working capital challenges faced by smaller businesses. The company’s vision of delivering “Your money, today” resonates in a market increasingly reliant on fast, flexible funding solutions.
While the FY25 results demonstrate tangible progress, the company’s path to profitability remains a work in progress. Investors will be watching closely for further cost control measures, revenue diversification, and potential shifts in dividend policy as Butn navigates the evolving fintech environment.
Bottom Line?
Butn’s FY25 results mark a clear recovery, but the journey to sustained profitability and shareholder returns continues.
Questions in the middle?
- What specific factors drove the sharp reduction in net loss during FY25?
- When might Butn consider reinstating dividends to shareholders?
- How will Butn sustain revenue growth amid increasing competition in SME funding?
