Proactive video: Bango FY25 Trading Update - CEO & CFO interview

Paul Larbey, CEO and Matt Wilson, CFO take Proactive through the FY25 Trading Update (issued 20 January 2026).

The update highlights strong recurring revenue growth, accelerating global adoption and a key financial inflection point as the business moved into positive cash EBITDA, marking a new phase of financial maturity.

Recurring revenue growth

• DVM recurring revenue increased 30% year on year.

• Managed subscriptions grew 60%, reaching over 24 million.

• DVM customer churn remained at zero.

Customer adoption and market expansion

• 12 new DVM contracts were signed during the year, a record annual total.

• The DVM is now deployed by 7 of the top 8 US telcos.

• Geographic expansion of DVM continued into Japan, South Korea, Turkey and South Africa.

Financial inflection point

• Bango delivered positive cash EBITDA in FY25.

• Cash EBITDA improved by $2.5 million year on year.

• Core administrative costs were reduced by $2.9 million, reflecting structural efficiencies.

Read the Trading Update .