BOKU ( (GB:BOKU) ) has provided an update.
Boku, Inc. reported a strong financial performance for the year ending December 31, 2024, with a 20% increase in total revenue to $99.3 million and a 22% rise in adjusted EBITDA to $31.4 million. The company continues to invest strategically in business growth, expecting over 20% organic revenue growth and an adjusted EBITDA margin exceeding 30% from 2026. The announcement highlights Boku’s expanding partnerships with global tech giants and its commitment to becoming a leading localized payments partner, as evidenced by a 29% increase in monthly active users and significant growth in new user transactions. The company also announced a board succession plan as it searches for a new Chair.
More about BOKU
Boku, Inc. operates in the financial technology industry, providing localized payment solutions globally. The company focuses on Direct Carrier Billing (DCB) and other Local Payment Methods (LPMs) such as digital wallets and account-to-account schemes, catering to the growing demand for diverse payment options in global commerce.
YTD Price Performance: -13.19%
Average Trading Volume: 691,246
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £476.8M
See more data about BOKU stock on TipRanks’ Stock Analysis page.
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