Bango Share Discussion Threads

[smallcapinvestor1] 19/9/2017 08:39

"Figure" not "five"

[smallcapinvestor1] 19/9/2017 08:38

Isaready you have missed the main point. The £1.65m eus revenue is from the reported half year eus of £92.31mThe annualised eus run rate of over £400m is a five you could use to extrapolate the numbers 12 months forward from that date. So if the year started in aug 16 you could expect revenue of £7.12m by Aug 17.But remember the growth is very rapid and way ahead of forecasts

[lentjes] 19/9/2017 08:37

All great news

Also from the Progressive Equity Research Update

We also note that Bango has traditionally reported seasonality in revenues with H1 contributing between 35% & 43% of the annual figures

[amt] 19/9/2017 08:31

300m to 400m end user growth from June to August shows exponential growth. Originally 300m was targeted for December 2017 so 450 to 500m possible at this rate. 100m growth in 2 months is breathtaking. Absolutely phenominal. Margin expected to be stable at 1.7% ? I had expected that to fall.

[j777j] 19/9/2017 08:18

Very encouraged by financial situation.Cash outflow down to just 100k in last 6 months.That down from £1.5 in second half last year"Cash of GBP5.6m on 30 June 2017 (30 June 2016: GBP7.2m; 31 Dec 2016: GBP5.7m), sufficient to fund the Group through to profitability"

[chimers] 19/9/2017 08:12

100% year on year GROWTH ............is the kinda growth I likes.

Doubling in size each and every year for the next 10 yrs is predicted.

This is your ASOS right here lads.

[chimers] 19/9/2017 08:10

Ray Anderson, Chief Executive Officer at Bango, commented:


"With a unique, powerful technology platform and winning strategy to power the world's leading online stores, Bango continues to gain rapid momentum. The largest internet businesses are expanding their use of the Bango Platform to reach new customers and increase the return on their marketing investments.



Adding to the substantial growth achieved by expanding the reach of Google Play and Microsoft Windows Store, in June 2017 Bango technology enabled Amazon to start using carrier billing to collect payments from consumers buying physical goods in Japan.



New capabilities and unique innovations added to the Bango Platform over the last few years are now starting to be used to open similar opportunities worldwide. Bango continues to invest in the development of its platform to embrace additional routes and markets and attract further innovation on the Bango Platform.



Merchant partners benefit from fast growth in existing billing routes, and new payment routes added through the year. New customers with ambitious growth plans are also coming to the Bango Platform as a result of business development activity - especially in the USA and Japan. Bango therefore remains confident of achieving at least 100% year-on-year growth in End User Spend for the third consecutive year."

[nimrod22] 19/9/2017 08:10

On the way to the IC suggested 300p share price

[chimers] 19/9/2017 08:08

THIS.....................is where its heading!!


Platform capacity: Tested the transaction throughput of the Bango Platform to volumes over £5Bn per year on the existing infrastructure, as well as the ability to handle large spikes in transaction volumes, in readiness for the expected growth in EUS

[chimers] 19/9/2017 08:07

New billing routes: Activated more Direct Carrier Billing (DCB) routes in Indonesia, Italy, Austria, Denmark, UK, Hong Kong, Japan, Verizon in the US, the biggest MNO to launch with Windows Store and more. Migrated two further Google Play billing routes from legacy providers to the Bango Platform in Kuwait and Bahrain

[chimers] 19/9/2017 08:06

DCB for Amazon in Japan: Launched Direct Carrier Billing (DCB) for Amazon in Japan. Customers on the NTT Docomo and KDDI networks can pay for the full range of physical goods from amazon.co.jp, charging the cost to their mobile phone bill. The scale of this launch is unprecedented, enabling DCB for physical good sales in Amazon's third largest market

[chimers] 19/9/2017 07:58

They get very small cut of most online deals.
It means they get Free Money once its all set up.
A fraction of 1p can become billions of pounds!! if they sew up the market.
They are well down the road to having the market sewn up.
Then its gravy all the way to the moon.

[isaready] 19/9/2017 07:52

EUS, spend all you like, but what's the margin. 400m EUS yet 1.65m income? Maybe I've misread it.

[isaready] 19/9/2017 07:50

Can someone help me.

They have what 3 m a year turnover or 1 65m for 6 months?

[amt] 19/9/2017 07:27

Break even is imminent now so any concerns about more cash requirements are gone. Its just a matter of how big it can get. At present growth rates profits could be 40 or 50 m 4 years down the road. So my ten bagger target is still in my mind.

[muffster] 19/9/2017 07:22

Bango therefore remains confident of achieving at least 100% year-on-year growth in End User Spend for the third consecutive year

[smallcapinvestor1] 19/9/2017 07:22

Eus spend growth accelerated to 140%Profitability reached by end 2017Eus revenue margin up to 1.79%Move into 'Internet of things' space.Trials underway with other online physical goods retailers.It all sounds so fantastic. More amazon numbers would have been nice."Substantial increase in eus" expected in the coming year

[muffster] 19/9/2017 07:11

Results out. EUS growing significantly. Japan addition will keep growing revenues particularly as Japan is the world's biggest market for carrier billing. Amazon is number one e-commerce company in Japan.

[nimbo1] 19/9/2017 07:09

Im very impressed with the statement.

'Funded to profitability'

Annualized EUS exiting August 2017 was over £400m, at least 140% more than the rate entering September 2016 (£167m)

Going v well with amazon in Japan and google stores.

[nimbo1] 18/9/2017 16:57

That is great to see them doing that, thanks for posting - if the statement is upbeat tomorrow chart looks good for a rise. Until the am!

[lentjes] 18/9/2017 16:10

The below just in, this demonstrates that the Bango platform can accommodate significant additional spend without attracting additional operating costs.

What a business model when everything is profit

From Bango investor relations

Following the disastrous events brought by hurricanes Harvey and Irma, Bango technology is supporting charitable relief by processing a significant volume of charitable donations. Bango works with the tier 1 US Mobile Network Operators to allow users to donate by Direct Carrier Billing.

Due to the charitable character of the arrangement, Bango will not profit from these transactions and will exclude the value of the donations processed when reporting End User Spend.

[simonsaid1] 18/9/2017 10:47

Given the low liquidity of Bango stock, any employees selling stock could have had an impact on the SP, and this may explain some of the volatility we've recently experienced. I cannot stress enough how few shares appear to be in circulation here. A lot of long term holders and the BoD are simply sitting on shares, very little is on the market for trading. This also means that tomorrow's results could easily see us re-rate in a heartbeat, which has happened here many times.

[nimbo1] 18/9/2017 10:32

Hi Lentjes, of course its a bit of dilution but not massive. Looks fairly in line with what you see most small companies doing imo. Look forward to reading the update tomorrow am.

[nimrod22] 16/9/2017 17:54

Trading update on the 19th

[lentjes] 15/9/2017 07:43

Does anybody have a view on how the 700k shares issued under the Employee Share Option Scheme over the last 3 months will have impacted the share price ?