Share Prices & Company Research

Market News

22 May 2019 | 10:13

Boku confident of meeting revenue target amid ongoing growth in payments, identity divisions

Boku said expectations for continued growth in its payments and investment in identity segments give it 'confidence' of meeting its revenue guidance for the year. 'The anticipated continued growth in the Payments business and investment in Identity give the Board confidence that the Company will hit at least management's revenue projection of $52 million for 2019,' the company said. In payments, for the first four months of 2019 total payment volume grew 64% to $1.6bn, and average monthly active users rose 56% to 14.6m, In Identity, monitored numbers grew 458% to 69.8m, and billable transactions totalled 102 million, an increase of 106% over the same period last year.

At 10:13am: (LON:BOKU) Boku Inc. share price was +1.5p at 132.5p

Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.