7th Sep 2021 14:41
Bango PLC - Cambridge-based mobile commerce company - Shares pretax loss narrows to GBP450,000 in first half of 2021 from GBP668,000 in 2020, revenue rises 49% to GBP7.1 million from GBP4.8 million. Says it is on track to meet market expectations for the year. Declares no interim dividend, in line with a year ago.
"Volumes have grown across all payment methods, including carrier billing and mobile wallets. One of our strongest growth drivers, is the rapid uptake of subscription bundles for media and other digital products, bringing higher average transaction values and strong recurring revenues," says Chief Executive Paul Larbey.
Current stock price: 206.00 pence, down 2.6% on Tuesday
Year-to-date change: up 24%
By Josie O'Brien; [email protected]
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