MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - For the first half of 2020, pretax profit more than triples to GBP1.4 million from GBP423,999 the year before, on revenue that grew by 52% to GBP119.9 million from GBP78.8 million. Revenue growth was driven by strong growth in the group's mobile phone prepaid airtime reload and bill payment business in Malaysia and rise in e-payments as a result of the pandemic.
Looking ahead, MobilityOne remains confident in its outlook for the rest of 2020.
Current stock price: 10.35 pence
Year-to-date change: up sharply from 2.90p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Mobilityone (MBO)