RNS Number : 1910H
02 December 2020
2 December 2020
("Boku" or the "Company" and, together with its subsidiaries,
Boku, a leading global mobile payment and mobile identity
company, is pleased to provide the following unaudited trading
update for the year ending 31 December 2020.
As a result of continued strong trading in the Company's
Payments businesses, together with a benefit from COVID-19 related
cost savings, the Boku board now expects Group EBITDA for the year
ending 31 December 2020 to be at least $13.5 million, at least $1
million higher than the current consensus market forecast.
A further trading update will be provided in January 2021 after
the peak December trading period has been completed.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/ 2014. For the purposes of
MAR and Article 2 of Commission Implementing Regulation (EU)
2016/1055, this announcement is being made on behalf of Boku by
Keith Butcher, Chief Financial Officer of Boku.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934
Keith Butcher, Chief Financial Officer 6630
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418
Edward Knight / Paul Gillam / Nick Prowting 8900
IFC Advisory Limited (Financial PR & IR) +44 (0)20 3934
Tim Metcalfe / Graham Herring / Florence Chandler 6630
Notes to Editors
Boku Inc. (AIM: BOKU) is a leading global provider of mobile
payment and identity solutions. Boku technology is integrated into
over 220 mobile wallets and network operators worldwide powering
mobile user authentication and mobile payments. Boku processes over
800 million transactions worth more than $7 billion annually in
nearly 70 countries. Global leaders that rely on Boku to acquire,
monetise, and protect digital consumer transactions include Apple,
Discover, Experian, Facebook, FIS, Fiserv, Google, Microsoft,
Netflix, Paypal, Sony, Spotify and Western Union.
Boku Inc. was incorporated in 2008 and is headquartered in
London, UK, with offices in various locations globally including in
the US, Mumbai, Munich, Beijing, Paris, Sao Paulo, Singapore,
Taipei, and Tokyo.
To learn more about Boku Inc., please visit:
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(END) Dow Jones Newswires
December 02, 2020 02:00 ET (07:00 GMT)