Boku FY EBITDA seen $1.0m ahead of forecasts
Boku, Inc (DI) Reg S Cat 3/144A
184.50p
16:55 28/03/24
0.00%
0.00p
Mobile payments group Boku provided investors with a quick update covering recent trading on Wednesday.
FTSE AIM All-Share
743.26
16:50 28/03/24
n/a
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Support Services
11,106.65
17:14 28/03/24
-0.21%
-23.38
Boku said it had seen continued strong trading in its payments businesses year-to-day and had also benefitted from a series of Covid-related cost savings.
As a result, the AIM-listed group's board now expects underlying earnings for the year ending 31 December to be at least $13.5m - a minimum of $1.0m higher than current consensus market forecasts.
Boku added that a further trading update would be provided in January following the peak December trading period.
As of 0840 GMT, Boku shares were up 3.27% at 126.50p.