Standard Premium Finance Reports Record $1M+ Net Income, Significant State Expansion
SPFX sits 51% above its 52-week low of $1.2.
Summary
Standard Premium Finance Holdings reported record financial performance and significant operational expansion following its annual shareholders meeting. The company achieved over $1 million in net income for the first time in FY 2025, with diluted EPS of $0.29, building on the strong results previously detailed in its 10-K and 10-Q filings. Its receivables portfolio grew 9% in Q1 2026 to $79.2 million, and the company expanded its licensing to 42 states. This news also updated on a stock buyback of 77,750 shares, reinforcing management's positive outlook and growth trajectory.
At the time of this announcement, SPFX was trading at $1.81 on OTC in the Finance sector, with a market capitalization of approximately $5.3M. The 52-week trading range was $1.20 to $8.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.