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Bango PLC Reports Strong 2024 Financial Results and Strategic Growth

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Bango PLC Reports Strong 2024 Financial Results and Strategic Growth

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The latest update is out from Bango plc ( (GB:BGO) ).

Bango PLC reported a strong financial performance for 2024, with a 16% increase in total revenue and a significant rise in Adjusted EBITDA, reflecting operational leverage and disciplined cost management. The company expanded its Digital Vending Machine® customer base, including new wins in South Korea and the US, and secured financing to strengthen its balance sheet, positioning itself for future growth in the subscription economy.

The most recent analyst rating on (GB:BGO) stock is a Buy with a £244.00 price target. To see the full list of analyst forecasts on Bango plc stock, see the GB:BGO Stock Forecast page.

More about Bango plc

Bango PLC operates in the digital commerce industry, providing solutions that enable content providers to reach more paying customers. The company focuses on its Digital Vending Machine® (DVM) and Payments businesses, positioning itself at the heart of the global subscription economy by supporting subscription bundling and direct carrier billing services.

Average Trading Volume: 93,573

Technical Sentiment Signal: Sell

Current Market Cap: £70.3M

See more insights into BGO stock on TipRanks’ Stock Analysis page.

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