Kape has issued a brief but positive AGM statement indicating a strong start to the financial year with trading in line with expectations. Q1 highlights include strong growth in subscriber numbers, 65% growth in mobile VPN subscribers and visibility of $33.5m of future revenue. We continue to believe the investment case for Kape is compelling given underlying market trends, a growing portfolio of solutions, a strengthening brand and powerful user acquisition capabilities. We expect these to driv ....
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Positive AGM statement, trading in line
- Published:
07 May 2019 -
Author:
N+1 Singer Team -
Pages:
3
Kape has issued a brief but positive AGM statement indicating a strong start to the financial year with trading in line with expectations. Q1 highlights include strong growth in subscriber numbers, 65% growth in mobile VPN subscribers and visibility of $33.5m of future revenue. We continue to believe the investment case for Kape is compelling given underlying market trends, a growing portfolio of solutions, a strengthening brand and powerful user acquisition capabilities. We expect these to driv ....