Boku FY EBITDA seen $1.0m ahead of forecasts
Boku, Inc (DI) Reg S Cat 3/144A
141.00p
14:20 22/01/21
0.71%
1.00p
Mobile payments group Boku provided investors with a quick update covering recent trading on Wednesday.
FTSE AIM All-Share
1,193.70
14:41 22/01/21
n/a
n/a
Support Services
10,107.52
14:41 22/01/21
0.05%
5.25
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.