Bango: End User Spend breaches £1bn mark
AIM-listed Bango has overseen another period of revenue growth in half year results released this morning. Revenues grew 49% to £7.13m, driven by a growth in ‘End User Spend’, up 47% to £1.3bn. With £7.4m cash in the bank and no debt, the board are confident about the group’s future prospects with CEO Paul Larby adding “…The pipeline for the payments and data monetization businesses has never been stronger underpinning our long-term ambition to be the technology behind every payment choice.”
CEO Paul Larbey, CFO Matt Garner & Chairman outline highlights from the interim results in the video below.
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