- Local payment methods progress is driving growth
- APAC and EMEA markets dominate with small base in Americas
Our Alpha momentum screen seeks to highlight companies across the market spectrum which demonstrate a robust trajectory in earnings growth expectations. To appear on the screen, companies need to pass tests which include forward earnings per share (EPS) upgrades over the last year. The analyst consensus also needs to show at least 10 per cent forecasted EPS growth in each of the next two financial years.
A new name popped up on our latest Aim screen this time around. London-listed and US-domiciled Boku (BOKU) passed all our momentum tests and duly edged towards the summit of the table, a move which came shortly after the board of the mobile payments software business reiterated its target of doubling revenue in the medium term. The San Francisco-headquartered company, whose core business takes revenue from mobile phone payment facilitation in the entertainment space, is benefiting from the general consumer shift to digital payment methods and away from physical cash.
