Boku Beats Expectations as Diversified Payments Drive Double-Digit Growth

An announcement from BOKU ( (GB:BOKU) ) is now available.

Boku reported unaudited 2025 results ahead of market expectations, with revenue rising about 29% to roughly $128.5m and adjusted EBITDA up around 31% to $41m, maintaining a margin of about 32%. Growth was driven by a more diversified mix of payment products: direct carrier billing remained resilient, while digital wallets and account-to-account schemes jumped about 66% and the bundling business surged roughly 71%, so that these newer streams now contribute around 45% of group revenue. Total payment volume increased about 27% to $15.5bn and monthly active users climbed 32% to 115m, supported by new high-profile merchant wins and broader geographic reach. Cash generation remained strong, with total group cash up 39% to $246m and Boku’s own cash up 28% to $103m despite a $12.3m share buyback, underscoring balance-sheet strength as the company invests in money movement, currency conversion and payment marketing. Management signalled confidence for 2026 and beyond, reiterating medium-term targets for organic revenue growth above 20% on a CAGR basis and adjusted EBITDA margins above 30%, reinforcing Boku’s positioning as a key infrastructure provider in the fast-growing mobile-native payments space.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £251.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Spark’s Take on GB:BOKU Stock

According to Spark, TipRanks’ AI Analyst, GB:BOKU is a Outperform.

BOKU’s overall stock score reflects its strong financial performance and positive corporate events, which are offset by bearish technical indicators and a high P/E ratio. The company’s robust revenue growth and strategic initiatives position it well for future growth, but current market sentiment and valuation concerns present risks.

To see Spark’s full report on GB:BOKU stock, click here.

More about BOKU

Boku Inc. is a London-headquartered provider of a global network for local payment methods, giving merchants access via a single integration to digital wallets, direct carrier billing and real-time account-to-account schemes that reach more than 7 billion consumer payment accounts worldwide. Its customers include many of the world’s largest technology, media and entertainment companies, which use Boku’s platform to simplify user sign-up, drive paid-user acquisition and combat fraud across multiple geographies.

Average Trading Volume: 485,610

Technical Sentiment Signal: Buy

Current Market Cap: £653.4M

Learn more about BOKU stock on TipRanks’ Stock Analysis page.