Boku strong performance continues in H2 with revenues up 26%

Boku Inc (LON:BOKU), a leading provider of global mobile payment solutions, has announced the following unaudited interim results for the six months ended 30 June 2023.

Group Highlights

Financial Highlights

●     Revenues up 26% to $38.2m in H1 (H1 2022: $30.3m) and up 32% on a constant currency**** basis driven by increasing transaction volumes from our major global merchants.

●     Revenues include $7.2m from Local Payment Methods (‘LPMs) up 350% from $1.6m in H1 2022 following the launch of 15 new LPMs and increasing adoption of these products by our key merchants.

●     Adjusted EBITDA* increased 28% to $12.2m in H1 (2022 H1: $9.5m) as a result of prudent cost control whilst continuing to invest in Boku’s mobile-first payment network.

●     Group profit after tax of $2.3m (H1 2022: $28.0m which included the profit on the disposal of Boku’s Identity division of $24.6m).

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Boku Inc.

More articles like this

Boku Inc.

Boku secures agreement with Amazon Japan

Boku Inc (LON:BOKU), a leading global provider of mobile payment solutions, is pleased to announce that it has entered into a new commercial agreement with Amazon Japan G.K. to supply digital wallet and other local payment methods

Boku Inc.

Boku H1 revenues expected to be at least $47.0m, up 23%

Boku Inc (LON:BOKU), a leading provider of global mobile payment solutions, has announced the following unaudited trading update for the six months ended 30 June 2024. Financial Highlights ·    Revenues for the six months ended 30 June 2024

Boku Inc.

Boku AGM will be held on Wednesday 22 May 2024

Boku Inc, a leading provider of global mobile payment solutions, has announced that it has posted its notice of Annual General Meeting to stockholders. Copies of the notice of AGM and proxy form are available to

Boku Inc.

Boku CEO on target to double revenues in the medium term (LON:BOKU)

Boku’s Jon Prideaux discusses financial highlights, local payment methods, 50 new launches with new merchants in 27 countries, reaching over 7.5 billion end user accounts, and what can we expect to see from the group over the next year in this exclusive interview with DirectorsTalk.

Boku Inc.

Boku, Inc. Results, Investor Webinar and Analyst Briefing

Boku Inc (LON:BOKU), a leading global mobile payments company, has stated that it will announce its results for the six months ended 30 June 2023 on Tuesday 26 September 2023. Analyst Briefing The Company’s management will be hosting a