Download the latest Progressive Equity Research note covering today’s 2018 Interim Results.
“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.”
All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.
Watch Bango CFO, Rachel Elias-Jones discuss the financial and operational highlights from today’s Interim Results announcement. Rachel covers the doubling of End User Spend for the fourth consecutive year, launches of carrier billing for Google Play in South America and Africa, global roll out of resale technology for leading merchants and the success of the data strategy.
Bango has partnered with Pandora (NYSE: P), the largest music streaming service in the U.S., to power subscriptions through Pandora reseller partners. This service is initially available on a U.S.-based wireless network provider, enabling Pandora to grow the subscriber base for their leading music service.