Boku expects to report H120 revenues of at least $24.7m. The Payments business has benefited from increased demand for digital content during lockdown, whereas the Identity business has seen weaker demand due to COVID-19 disruption. Management expects to at least meet consensus EBITDA estimates for FY20, with growth in adjusted EBITDA of at least 65% for the year. We have made minor changes to our forecasts to reflect the relative strengths of the two businesses.
22 Jul 2020
Boku - On track to meet FY20 expectations
Boku - On track to meet FY20 expectations
BOKU, Inc. (BOKU:LON) | 178 -2.7 (-0.8%) | Mkt Cap: 533.5m
- Published:
22 Jul 2020 -
Author:
Katherine Thompson -
Pages:
4
Boku expects to report H120 revenues of at least $24.7m. The Payments business has benefited from increased demand for digital content during lockdown, whereas the Identity business has seen weaker demand due to COVID-19 disruption. Management expects to at least meet consensus EBITDA estimates for FY20, with growth in adjusted EBITDA of at least 65% for the year. We have made minor changes to our forecasts to reflect the relative strengths of the two businesses.