Interim Results for 6 months ended 30th September 2008

We have just published our Interim results for 6 months ended 30th September 2008. 

Bango continues to make progress towards profitability, with losses and cash burn reduced to £25k in September, and with this progress continuing into the second half. Costs are stable and end-user spend has resumed growth month-on-month, following a UK summer lull similar to the one experienced last year.  We are seeing strong growth in revenue from North American market as established mass-market content providers in the USA move from SMS to the web-billing services offered by Bango

The launch of Bango Analytics at the beginning of this financial year is starting to generate additional revenue streams from a new range of customers, with an encouraging number won in a relatively short period. We expect to be able to announce further significant customer wins in the second half of the year.

Visit our Key Financial Documents page for copies of our Interims Announcement and a slide presentation summarising the results.

About bangonewsroom

A seasoned Marketing executive with over 20 years experience in the hi-tech sector, Sarah oversees all aspects of Bango's marketing, with particular emphasis on media and customer relations.
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