Full Year Results 

Boku expands its catchment

Boku expands its catchment

Shares in Boku (BOKU) were marked up considerably on release of the direct carrier billing group’s 2018 numbers, which outpaced analyst expectations at both the top and bottom lines. Revenue was buoyed by a doubling of total payment volumes to $3.6bn (£2.7bn). And Boku reported its first positive full-year adjusted cash profits, at $6.3m – up from losses of $2.3m. True, this excludes various dampeners including increased stock-option expenses of $4.6m (up from $1.5m). But statutory losses still narrowed significantly.

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