Jan 22 (Reuters) - Monitise Plc, a British mobilebanking technology company, said it was reviewing its strategicoptions and warned on full-year revenue, blaming its transitionto a subscription-based business model.
The company said it had appointed Moelis & Co to conduct thereview.
Monitise said it now expected full-year revenue to bebetween $136 million and $151 million, compared with itsprevious forecast of an "at least 25 percent growth".
It reported revenue of $143.7 million in the year ended June30, 2014.
Shares in Monitise have shed over 70 percent of their valuein the last year. They closed at 20 pence on Wednesday on theLondon Stock Exchange. (Reporting by Richa Naidu in Bengaluru; Editing by GopakumarWarrier)