Bango has reported solid interim results in our view. The payments business grew strongly, with End User Spend growth of 138% YoY, alongside a first full accounting period of positive EBITDA. The data business (including Audiens) is making good progress, and overall, we believe the group continues to deliver solid operational momentum. The outlook remains upbeat, giving confidence in H2 financial performance.
18 Sep 2018
Strong growth in payments, investment in data
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Strong growth in payments, investment in data
Bango plc (BGO:LON) | 124 0 0.0% | Mkt Cap: 95.2m
- Published:
18 Sep 2018 -
Author:
Blaine Tatum -
Pages:
8
Bango has reported solid interim results in our view. The payments business grew strongly, with End User Spend growth of 138% YoY, alongside a first full accounting period of positive EBITDA. The data business (including Audiens) is making good progress, and overall, we believe the group continues to deliver solid operational momentum. The outlook remains upbeat, giving confidence in H2 financial performance.