Jon Prideaux and Keith Butcher, CEO and CFO respectively of Boku, talk about the highlights of trading for the year ended 31 December 2019, which saw over 41% growth in revenues to between $50.0m and $50.5m, with EBITDA from Boku payments up 138% to at least $15.0m, and losses reduced on Boku Identity to $5.0m.
Boku the world’s leading independent direct carrier commerce company, announces its unaudited interim results for the period ended 30 June 2019. Highlights include revenue increase of 39% to $23.5 million, adjusted EBITDA for the Period of $4.3 million and TPV up 47% reaching $2.3 billion.
Jon Prideaux, Chief Executive Officer, and Stuart Neal, Chief Financial Officer, together with other members of the senior management team provide an overview of Boku’s strategy followed by a deeper dive into the Boku platform.
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Jon Prideaux, CEO of Boku, talks us through the rationale and synergy behind the acquisition of Danal Inc. Watch the video.
In this video, CFO Stuart Neal discusses the highlights of the interim results and how the company expects to balance growth and profitability in the future. CEO Jon Prideaux goes on to provide an overview of how the company’s relationships with merchants are progressing, before describing some of the new products that Boku has been working on. Finally, Jon discusses current trading performance, and the company’s outlook on a longer term basis. View more at Edison Research
Boku’s direct carrier billing platform provides an alternative customer acquisition network for digital content merchants and has been adopted by leading names such as Apple, Google, Microsoft and Spotify. This is driving strong transaction growth across the platform, which we forecast will generate a revenue CAGR of 29% from FY16 to FY20 with rapid expansion of EBITDA margins to 38.7% by FY20. The valuation reflects the strong growth potential, particularly in terms of cash generation.