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PERL note: “FY 19 in-line, upbeat outlook in challenging times”

Download the latest Progressive Equity Research note, ‘FY 19 in-line, upbeat outlook in challenging times’.

“We contend that the services offered by Bango – particularly payments for digital content – are likely to experience increased demand in times of population lock- down. The announcement confirms that Bango has no supply chain dependencies and c98% of customer contact is remote. With strong operational momentum being reported across the business (see above), and incremental growth opportunities in retail sales, bundling and digital wallets, management has reiterated their expectation for ongoing exponential growth in EUS.” – Progressive Research

All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.

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