Boku has built a platform that helps merchants to transact with consumers safely and simply in a mobile-first world. The first application enabled by this platform, direct carrier billing (DCB), continues to perform well, with 100%+ volume growth translating to 45% revenue growth and an EBITDA margin of 17.9% in FY18. The recent entry into the identity verification market broadens Boku’s addressable market and leverages the strength of its existing carrier relationships. In our view, th
26 Mar 2019
Boku - Mobile commerce enabler
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Boku - Mobile commerce enabler
BOKU, Inc. (BOKU:LON) | 184 0 0.0% | Mkt Cap: 554.5m
- Published:
26 Mar 2019 -
Author:
Katherine Thompson -
Pages:
21
Boku has built a platform that helps merchants to transact with consumers safely and simply in a mobile-first world. The first application enabled by this platform, direct carrier billing (DCB), continues to perform well, with 100%+ volume growth translating to 45% revenue growth and an EBITDA margin of 17.9% in FY18. The recent entry into the identity verification market broadens Boku’s addressable market and leverages the strength of its existing carrier relationships. In our view, th