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PERL note: “Netflix launch and strong trading”

Download the latest Progressive Equity Research note covering the recent trading update.

“Bango has announced the launch of carrier billing for Netflix subscribers in Mexico. The company has also confirmed that the overall business performed strongly during H2 17E, with the key End User Spend (“EUS”) metric having more than doubled over FY 16A (+105%). Furthermore, with a £4.8m cash balance, the Group’s financial position remains solid”

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

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