Boku’s five-month trading update confirmed that lockdowns have resulted in increased demand for home entertainment, driving new users to Boku’s Payments business. Management is confident of meeting market expectations for FY20 and we maintain our current estimates. We note, however, that if demand from new users can be sustained there could be upside to our forecasts.
10 Jun 2020
Boku - Payments volumes +35% year-on-year
Boku - Payments volumes +35% year-on-year
BOKU, Inc. (BOKU:LON) | 181 0 0.0% | Mkt Cap: 544.0m
- Published:
10 Jun 2020 -
Author:
Katherine Thompson -
Pages:
3
Boku’s five-month trading update confirmed that lockdowns have resulted in increased demand for home entertainment, driving new users to Boku’s Payments business. Management is confident of meeting market expectations for FY20 and we maintain our current estimates. We note, however, that if demand from new users can be sustained there could be upside to our forecasts.