Fiinu (LON:BANK – Get Free Report) posted its quarterly earnings results on Monday. The company reported GBX (2.98) earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 66 million during the quarter. Fiinu had a negative net margin of 37,666.05% and a negative return on equity of 553.59%.
Fiinu Stock Down 7.3%
Shares of LON BANK opened at GBX 4.75 on Tuesday. The firm has a 50-day moving average price of GBX 6.99 and a 200 day moving average price of GBX 7.61. Fiinu has a 52 week low of GBX 4.50 and a 52 week high of GBX 21. The stock has a market capitalization of £18.81 million, a price-to-earnings ratio of -9.50 and a beta of 8.18.
About Fiinu
At the heart of Fiinu’s strategy is the Plugin Overdraft®, a white-label solution that integrates seamlessly into existing banking applications, allowing customers to access arranged overdrafts without switching banks. This product addresses the needs of the 80% of UK account holders who currently lack access to overdrafts. Using real-time Open Banking data and AI-driven underwriting, Fiinu can assess affordability responsibly and provide fair overdraft limits—helping fill the £10 billion gap left by the removal of unarranged overdrafts in 2020.
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