Bango (AIM: BGO), the global platform for data-driven commerce, announces it will change its presentational currency from Pounds Sterling to US Dollars (USD) effective 31 December 2021.

• Bango has a global customer base with a fast-growing platform business in the United States and in other countries with USD linked currencies.
• Bango Audiences, sold in USD, are an increasing proportion of revenue.
• The US is the home to the world’s largest ecommerce businesses, many of which rely on the Bango platform.

Commenting on the decision to report in USD, Bango CFO, Matt Garner, said: “The change in presentational currency provides improved transparency on Bango’s performance for partners and shareholders, as well as increasing the understanding and appeal of Bango to a global investor audience.”

The trading update for the twelve months ending 31 December 2021 (FY 2021), expected to be released in January 2022, will include condensed, consolidated USD financial information for FY21 and FY20. In accordance with the relevant accounting standards, comparative historic financial information for FY 2020 will be published in USD alongside the full FY 2021 results in March 2022.

Below is a highlights film from the recent Strategy Day held in London