Bango Share Discussion Threads

[simon gordon] 18/3/2014 10:30

Tech Market View - 18/3/14:

Big Bang more than a Theory at Bango

The day after scientists found indications of what happened moments after the Big Bang, the management of Bango, the mobile payments and analytics company, have shown us what to expect as this exciting business develops. For the full year, end user revenue increased by 150% to £15.6m but pre-tax losses increased to £4.9m as resources were put in place for the anticipated growth. With cash of £5.1m, the management state that the company should not require additional funding.

Bango has established a strong claim to be the world's leading provider of billing services through mobile operators (MNOs), with 120 integrated onto their platform. See Fireworks at Bango for more info. The company is now focusing on enabling many of these operators to offer their subscribers access to AppStores, principally Google Play, but also Firefox Marketplace and Windows Phone Store, with significant potential from Amazon. With AppStores, Bango will usually take an agency fee on end user revenue at the lower end of the 2-5% target range. However, Bango can generate higher fees by acting as a principal (as with many MNOs), handling FX transactions and by providing additional support to MNOs as they adopt AppStores. Bango's ID capability also adds value by enabling an MNO to identify a caller's device when using Wi-Fi.

Bango has thus built a wide portfolio of contacts and capabilities to address the market for MNO billing for digital content, estimated at $13bn in 2017 (Juniper Research). The priority is now to accelerate the adoption of AppStores, working through their current pipeline of 40 integrations (at year-end 2013, they had 12 live integrations). As much of the cost base is in place, the consequent rise in end user spend should generate a significant improvement in profitability. Bango looks set for an explosive year!

[hamidahamida] 18/3/2014 07:48

Happy with results

[bookbroker] 18/3/2014 07:40

Flat gross profit 12mth2013:£2mln (9mth2012:£1.5m), expenses up 75% to £7mln+, losses increasing, margins wafer thin, until they bring admin. expense significantly down, the share will only go one way - down!

[leeson31] 18/3/2014 07:30

totally agree amt. even less than generic, i dont think theyre growing...

[amt] 18/3/2014 07:17

Lots of good words but the financials shocked me as doesn't seem to be much growth in revenue. I would have thought that growth should be very rapid ay this stage and it isn't

[pendragon2] 17/3/2014 17:59

Results tomorrow and little or no interest in the shares. Interesting?

[hastings] 25/2/2014 22:13

May be of interest

hxxp://www.cabume.co.uk/software/bango-says-wrongly-embroiled-in-cnn-lawsuit.html

[yesrupnel] 23/1/2014 09:25

I got out yesterday and banked my profits but definitely looking to get back in again.

[nico9] 23/1/2014 07:49

I wonder why the drop!! seems a bit overdone

[aishah] 13/1/2014 21:23

LIONTRUST INVESTMENT PARTNERS have increased their holdings considerably since April 2013(1,768,149) report to 15%.

[aishah] 13/1/2014 21:02

Inflection Point Investments have upped their holdings recently. Nov Newsletter:
Our "One-Click" Mobile Payments company put out an announcement that it had gained two major new sockets with Google, with at least five more agreed and expected to become active in the coming months, positioning it for strong growth.

[ade45] 13/1/2014 20:42

£2 next stop? Lots of shares popping today. Bango has a much healthier cut of the money they process than some companies. If the biz model catches on then could be fun ahead. Quite a few jobs on the bango career site now. The extra funding and hopefully revs must be allowing them to grow

[smithie6] 13/1/2014 16:08

website updated. see post 390 for web address

[bookbroker] 13/1/2014 14:31

So far a jam tomorrow story, once a fan of this co., but really need to see significant ramp up in revenue before venturing in again, nice rise last week or so but it's a stock that seems to show considerable moves up and down, maybe on the basis recently of their being really clear signs that general population becoming increasingly mobile in their purchasing patterns!

[hamidahamida] 13/1/2014 13:36

Good recovery

[hamidahamida] 12/1/2014 23:12

Dragons Den Peter Jones owns 40% sharesExpansys (xps) in 6 months generated £ 3.8 million cashNo DebitCash balance @ 1st half ended 10/13 over £7 millionTurned a corner and turnover is growing again up 32% 1st half turnover Grew to £60 million Growth continuing in to 2nd halfBroker 2014 Profit forecast £2 million. The whole company which generated £3.8 million cash in 1st 6 months is valued less than the total cash it holds

[nico9] 10/1/2014 09:24

looks like another blue day!! I could get used to this:)

[nico9] 09/1/2014 15:16

yes, doesnt take much buying to move it up at all. I reckon we could get news soon

[boonkoh] 09/1/2014 12:58

Volumes are also small. This is a very interesting development...

[ade45] 09/1/2014 12:37

Keeps going up. Something is afoot

[nico9] 09/1/2014 10:59

WE ARE NOW OVER 20% UP SINCE JUST BEFORE XMAS. A RECOVERY UNDERWAY. SOME NEWS SHOULD PROPEL THIS THROUGH 200P IMO