A recent report, ‘Well positioned for future growth’, from Progressive Equity Research, describes key features of the Bango business model. Building on the previous report, ‘The Mobile App Store Marketplace: Direct Carrier Billing’, this focuses on the key strengths of the Bango business model.
The findings of this report, which outlines the underlying business model, include:
- How Bango is strongly positioned in the market, through a rich product set and global partnerships
- The Key Performance Indicators that demonstrate operational momentum
- How high scalability and high operating leverage of the Bango Payment Platform provide good headroom for the growth
- Key points that put Bango in a solid financial position to achieve profitability
“In summary, the company offers an attractive combination of a growing market backdrop, strong market positioning, positive operational momentum and a business platform with good headroom for growth. This is all underpinned by a strong financial position.” Progressive Equity Research Limited (“PERL”), 2016.
Click here to download the report.