Boku’s CEO, Jon Prideaux runs through the group’s interim results highlighting the robust performance across revenues (+9% y-o-y), EBITDA (+84% y-o-y), net profit and cash generation. He discusses the performance of the group’s Payments operations where transaction volumes increased by 36% y-o-y and where the acquisition of Fortumo further strengthens Boku’s leadership position in carrier billing. He then turns to the near-term and potential longer-term impact of COVID-19 before discussing the progress and strategic importance of both the e-wallet and Identity businesses, highlighting what the company hopes to achieve over the next year for these business lines.
Boku operates a billing and identity verification platform that connects merchants with mobile network operators in more than 50 countries. It has c 215 employees, with main offices in the US, UK, Germany and India.