4*
Boku, a global network of local payment solutions, issued a strong trading update for the financial year ended 31 December 2024 this morning. Group revenue for 2024 is expected to be in excess of $99 million, representing growth of c.20% compared to $82.7 million in the prior year. Adjusted EBITDA is anticipated to be in excess of $31 million, up c.22% on the prior year, reflecting a margin of approximately 31.7%...from WealthOracle
wealthoracle.co.uk/detailed-result-full/BOKU/1164 |
I see Boku are expanding their presence in Japan with Amazon, probably of little significance to Bango given the size of the market but slightly negative for the payments business. |
Very good update.
The 2.2 trillion market looks eye watering. |
The less interest shown by PIs on these bulletin boards appears to result in lower share price volatility - so I'm happy to let it be! |
Always had potential |
Amazing lack of interest again.
Great results and the business is really motoring now. |
Surprised how little interest there is in Boku. After their mistake with the ID acquisition which caused problems they are back to their traditional business and looking strong.
Bango does the same and is also having some issues with their big acquisition. However once those are resolved in the next 6 months or so I expect them to power ahead.
I hold both Boku and Bango but see Bango with much more upside due to its valuation of just one sixth of Boku. Extraordinary.
I have done well out of both in the past having been in and out of both but will stay in now the road ahead is clear for years to come. Indeed I have doubled my Bango stake recently. |
Wrong thread. |
Wrong thread |
Closed my position and now fully out. Good luck to all. Feel truly bad for the bag holders. I believe that Boku has serious potential, but the board truly needs to get their act together.
I may return in the future if the board/CEO shows signs they are putting their house in order. Until then I have no confidence left. |
Latest CEO interview discussing highlights of the period, agreement with Amazon and the launch of an existing major merchant into China on the country’s largest eWallet Alipay - |
When is Bango overtaking Boku in revenue and TPV? |
Very happy for Boku to buy back as many shares as they can at this very low price! Not shady or underhanded tactics in my opinion, (the market has set the price, not Boku).
In simple terms, it is good for remaining shareholders because there are fewer shares in issue, fewer shares in issue means that the remaining shareholders own a greater percentage of the company, (shareholder accreditive).
On the opposite hand, I would be very irritated if they raised capital at such a low share price,(shareholder dilutive). |
still think that following today's update? |
I'm not sure I follow you. Who is this currently good for ?
They could have introduced the share buy back scheme at 1.75 or 1.50 and perhaps shown the market that they had real confidence in the higher prices people were already paying.
I have a small amount to off load. If we get a bounce I'm out, never to return.
I have been praising this company for a long time now as undervalued. No longer, shady and underhand tactics without a single care for their shareholders. They won't get a second chance to do that to me again. |
Surely a buy back at such a low share price is good news in the long term! |
Utterly disgusted with Boku and the Board of Manipulators.
Stock price stinks of being heavily manipulated to suit this share buy back scheme.
Coupled with not a single bit of news or progress from the company in ages, backs up my theory they are hammering the price down.
Not only that you now have a bunch of extremely upset bag holders for a second time stuck at the 1.90 and above mark.
Disgusted... |
I prefer Bango myself but here you go for what it's worth. |
 ...from last year...
Boku Inc comprises departments engaged in providing mobile identity solutions, which in turn signifies that the company’s technology platform is linked to various network operators to execute payments and provide other mobile payment services for merchants to easily accept mobile payments on a global scale through a single integration. Considering the growing importance of digital e-commerce in a mobile-first world, Boku Inc managed to optimise revenue by 22%, given the rising demand, large mobile first payments network and high customer orders. This evidence was supported by the firm’s P/S ratio of 10.28x, higher than the IT services industry P/S of 1.16x. Subsequently, EBITDA surged from $15.3m to $20m in 2021 as the firm’s P/FCF ratio stood at 54.2x, signifying that Boku Inc is able to fund its operating and investing activities more effectively than its competitors in the Information Technology sector.
Brief Analysis:
EBITDA of $20m, above last year.
P/FCF of 54.2x, substantially higher than IT sector P/FCF ratio.
Revenue of $69m, outperforming the previous revenue of $56.4m....
...from WealthOracleAM
hxxps://wealthoracle.co.uk/detailed-result-full/BOKU/316 |
BOKU now having part time CFOh! |
Hmmm.....🤔
LHV UK Limited (‘LHV UK’ or the ‘Company), a leading banking services provider to over 200 fintech and crypto companies, is pleased to announce that Keith Butcher has been appointed to its board of directors as an Independent Non-Executive Director (‘NED’) from 1 May 2022.
Keith will be a member of the Risk Committee, Audit Committee, Remuneration Committee and Nominations Committee of LHV UK.
Keith is a seasoned Chief Financial Officer (‘CFO’), having held several positions during his executive career for internationally listed high growth businesses in the e-commerce, fintech and online payments space. In 2014 he was awarded the ‘CFO of the Year’ at the Grant Thornton Quoted Company Awards.
Keith is currently the CFO at Boku Inc (‘Boku’), a mobile payments company whose infrastructure is used by leading global companies to grow, monetise & secure transactions in a mobile-first world. He joined Boku in 2017 following the Initial Public Offering as an Independent NED and a Chair of the Audit Committee until he was appointed CFO in 2019.
Between 2010 and 2015, Keith was CFO at multinational online payments company PaySafe Group Plc (formerly Optimal Payments Plc) during its transformational five-year high growth period. He was also Finance Director for DataCash Group during a successful six-year growth period that resulted in the company being acquired by MasterCard.
Keith graduated with BSc (Hons) in Management Sciences from the University of Warwick in 1984. In 1993, he joined KPMG, where he qualified as a Chartered Account, and Keith is a member of the Institute of Chartered Accountants.
Keith is the second Independent NED appointment in recent months as Paul Horner, the former CEO of Coutts International, was appointed as a NED at the beginning of January.
Keith Butcher and the persons related to him do not hold shares of AS LHV Group.
Madis Toomsalu, Chairman of the Board of LHV UK, commented: “Keith brings a wealth of industry experience and an impressive track record of taking international high growth businesses to the next level. His Independent NED and Chair of Audit experience is a welcomed addition to the Board.” |
China school we learn wisdom: "Do not try to catch the falling blade".
BOKU.L such BLADE now... Maybe chop some fingers. |
Maybe people suspicious because just announced that 2021 results are delayed 2 weeks compared with 2020? |
Lucky escape selling this dog. What happened? |
...from a while ago...
Boku Inc comprises departments engaged in providing mobile identity solutions, which in turn signifies that the company’s technology platform is linked to various network operators to execute payments and provide other mobile payment services for merchants to easily accept mobile payments on a global scale through a single integration. Considering the growing importance of digital e-commerce in a mobile-first world, Boku Inc managed to optimise revenue by 22%, given the rising demand, large mobile first payments network and high customer orders. This evidence was supported by the firm’s P/S ratio of 10.28x, higher than the IT services industry P/S of 1.16x. Subsequently, EBITDA surged from $15.3m to $20m in 2021 as the firm’s P/FCF ratio stood at 54.2x, signifying that Boku Inc is able to fund its operating and investing activities more effectively than its competitors in the Information Technology sector....from WelathOracleAM |
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