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Aferian plc adds $100 million to war chest as profits and revenues rise

B2B video streaming solutions company Aferian plc – formerly Amino – saw its share price nudge slightly north after a positive trading update and news that it had significantly strengthened its cash position.

Acquisitions could be on the cards going into 2022, the Cambridge company reports.

The group expects to report that all its key financial metrics for the last 12 months have tracked ahead of the prior year and in line with board expectations, representing an overall strong trading performance. 

Aferian plc (LON:AFRN) is a trusted partner and global provider of innovative, scalable media and entertainment technology solutions. As an IPTV pioneer, working with over 250 operator customers in 100-plus countries, Aferian continuously innovates to help customers deliver modern video experiences.

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