Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from BOKU ( (GB:BOKU) ).
Boku Inc. has reported impressive financial growth for 2024, with an anticipated revenue of over $99 million—about a 20% increase from the previous year—and an expected adjusted EBITDA of over $31 million, reflecting a 22% rise. The company attributes this success to its expanded global user base and enhanced local payment solutions, which resulted in a 31% increase in monthly active users and a 23% growth in total payment volume. These achievements underscore Boku’s strategic initiatives and position it as a strong player in the cross-border e-commerce market, highlighting its potential for continued revenue growth and shareholder value.
More about BOKU
Boku Inc. is a leading global provider of mobile payment solutions, offering services such as mobile wallets, direct carrier billing, and account-to-account payments. Through a single integration, Boku’s network reaches over 7.5 billion mobile payment accounts. The company serves major global clients including Amazon, Google, Microsoft, and Netflix. Established in 2008, Boku is headquartered in London, UK, with multiple international offices.
YTD Price Performance: 5.77%
Average Trading Volume: 528,167
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £573.6M
For a thorough assessment of BOKU stock, go to TipRanks’ Stock Analysis page.
