View and download the Bango Annual Report 2020.
Achieving revenue growth of 70%, adjusted EBITDA of £4.6M (16x increase on 2019 adjusted EBITDA) and End User Spend (EUS) approaching £2B, Bango delivered revenue and profitability ahead of original market expectations. The growth in EUS represents both continuing strong growth in the payments business and the expanding pool of data that fuels the data business which we are starting to monetize through Bango Marketplace. This is the Bango virtuous circle strategy in action; the success in app developer campaigns drive even more payments which adds to the moat of data used to generate these insights and the process repeats.
Paul Larbey, CEO, Bango
