Boku Inc Capital Markets Day, AGM and Trading Update (7697Z)
22 May 2019 - 4:00PM
UK Regulatory
TIDMBOKU
RNS Number : 7697Z
Boku Inc
22 May 2019
22 May 2019
Boku, Inc.
("Boku" or the "Company" and, together with its subsidiaries,
the "Group")
Capital Markets Day, AGM and Trading Update
Capital Markets Day
Boku (AIM: BOKU), the world's leading independent carrier
commerce company, is hosting a Capital Markets Day for
institutional investors and analysts later today.
The event will be hosted by Jon Prideaux, Chief Executive
Officer, and Stuart Neal, Chief Financial Officer, together with
other members of the senior management team and will provide guests
with an overview of the Boku's strategy followed by a deeper dive
into the Boku platform. Management will then discuss the
opportunities in Boku's core markets: payments and identity as well
as giving further insight into its growing international customer
base.
No material new information will be provided and the
presentation materials will be made available on the Company's
website www.boku.com/investor-relations/ following the event.
Annual General Meeting
Following the Capital Markets Day, Boku will today hold its 2019
Annual General Meeting at the same venue at 1.00pm.
Trading Update
The Company's trading since the results for the year ended 31
December 2018, released in March 2019, continues to be in line with
management expectations. The anticipated continued growth in the
Payments business and investment in Identity give the Board
confidence that the Company will hit at least management's revenue
projection of $52 million for 2019. Trading in Identity is gaining
momentum and gross margins are projected to remain strong.
In Payments, for the first four months of 2019 TPV (Total
Payment Volume) reached $1.6bn, an increase of 64% over the same
period last year (4M-2018: $989 million). Average MAU (Monthly
Active Users) over the same period were 14.6 million, an increase
of 56% over the same period last year (4M-2018: 9.4 million). In
Identity, monitored numbers reached 69.8 million, an increase of
458% over the same period last year (4M-2018: 12.5 million) and
billable transactions totalled 102 million, an increase of 106%
over the same period last year (4M-2018: 49.7 million).
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934
Stuart Neal, Chief Financial Officer 6630
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418
Edward Knight / Peter Stewart / Nick Prowting 8900
IFC Advisory Limited (Financial PR & IR)
Tim Metcalfe / Heather Armstrong / Florence +44 (0)20 3934
Chandler 6630
Notes to Editors
Incorporated in 2008, Boku is the world's leading independent
carrier commerce company. Boku's platform, which is linked to
billing, identity and sales systems of more than 170 mobile network
operators, simplifies transacting on mobile devices.
Boku's payment products enable mobile phone users, of which
there are more than five billion worldwide, to buy goods and
services and charge them to their mobile phone bill or pre-pay
balance. Its identity products are used to verify user details.
Companies like Apple, Google, Facebook, Microsoft, PayPal, Spotify,
Square, Sony and Western Union use Boku to simplify sign-up,
acquire new paying users as a convenient and secure payment method
and prevent fraud.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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