Boku Share News (BOKU)

Boku reports strong full-year trading

(Sharecast News) - Payment solutions specialist Boku reported strong trading in a full-year update on Thursday, with group revenue set to exceed $99m, representing year-on-year growth of about 20%.

IN BRIEF: Boku eyes revenue and adjusted earnings surge for 2024

Boku Inc - London-based operator of 'mobile-first' payments network - Anticipates reporting revenue over USD99 million for 2024, up 20% from USD82.7 million in 2023. Adjusted earnings before interest, tax, depreciation and amortisation are expected to have grown around 22% to over USD31 million in 2024 from USD25.8 million in 2023. Cash as at December 31 climbs 17% on-year to USD177 million from USD150.9 million.

LONDON BROKER RATINGS: Jefferies raises Spirax; Peel Hunt cuts Grainger

(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday:

LONDON BROKER RATINGS: Deutsche Bank starts Applied Nutrition at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

Boku launches buyback of up to four million shares

(Sharecast News) - Payment technology specialist Boku announced the start of a share buyback programme on Monday, involving the repurchase of up to four million shares, representing about 1.31% of its issued common stock.

IN BRIEF: Boku starts GBP7 million share buyback as sees valuation gap

Boku Inc - London-based operator of 'mobile-first' payments network - Launches on Monday a share buyback for up to 4.0 million shares, saying it believes its current share price undervalues the company. "The buyback programme represents a good investment opportunity and effective use of our growing own-cash balances as well as a reaffirming our belief in the company's long term growth plan," Boku says. At its current share price, the buyback is worth around GBP7.4 million. The buyback will be run by Investec Bank PLC and will be completed by the end of April. The repurchased shares will be held in treasury to satisfy warrant conversions and staff equity grants.

Boku inks agreement with Amazon Japan for digital payment solutions

(Alliance News) - Boku Inc on Wednesday said it has entered into an agreement with Amazon.com Inc's Japanese arm for the supply of digital payments methods.

DIRECTOR DEALINGS: Likewise director sells GBP1.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

Boku swings to operating loss despite 24pc revenue jump

(Sharecast News) - Boku reported a 24% increase in first-half revenue on Tuesday, reaching $47.3m, driven by higher transaction volumes across its local payment methods.

Boku swings to first-half loss despite strong revenue growth

(Alliance News) - Boku Inc on Tuesday said it has swung to a loss in the first half of 2024 amid rising administrative expenses, despite a revenue growth of nearly 25%.

UK earnings, trading statements calendar - next 7 days

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Boku hails jump in users; Evoke is "broadly stable"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Boku reports strong first half, appoints new finance chief

(Sharecast News) - Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.