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Wireless

Bango revenue lifts 49% to GBP 7.1 million in H1

Thursday 15 July 2021 | 12:42 CET | News
Mobile commerce company Bango released a trading update for the first half, saying revenues lifted 49 percent year-on-year to GBP 7.1 million. The adjusted EBITDA is expected to pass GBP 2 million, from 1.1 million the year before, enabling continued investment in R&D and sales and marketing. End user spend (EUS) meanwhile grew to GBP 1.3 billion from 0.7 billion. Cash at end June increased to GBP 7.1 million from 5.8 million at end December, with no debt.

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Categories: Mobile & Wireless
Companies: Bango
Countries: World
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