Boku’s H1 trading update confirms the company continues to see strong growth in total processed value (TPV) and revenues. Positive EBITDA for H118 supports our forecast for Boku to report its first full year of EBITDA profitability in FY18. The company anticipates meeting earnings expectations for FY18. We see the potential for revenue upside in FY18 to be reinvested in longer-term growth opportunities, providing support to the share price. We maintain our forecasts pending interims in
05 Jul 2018
Boku - Strong growth continues in H1
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Boku - Strong growth continues in H1
BOKU, Inc. (BOKU:LON) | 178 4.4 1.4% | Mkt Cap: 533.5m
- Published:
05 Jul 2018 -
Author:
Katherine Thompson -
Pages:
3
Boku’s H1 trading update confirms the company continues to see strong growth in total processed value (TPV) and revenues. Positive EBITDA for H118 supports our forecast for Boku to report its first full year of EBITDA profitability in FY18. The company anticipates meeting earnings expectations for FY18. We see the potential for revenue upside in FY18 to be reinvested in longer-term growth opportunities, providing support to the share price. We maintain our forecasts pending interims in