IN BRIEF: MobilityOne revenue rises on growth of e-payment business

Wed, 29th Jun 2022 12:53

MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - Reports an 11% decline in pretax profit in 2021. Figure falls to GBP2.0 million from GBP2.3 million the previous year. Says this was due to higher administration expenses in the year. Revenue climbs 3.7% to GBP255.7 million from GBP246.7 million. Cites the continued growth of its e-payment business in Malaysia and higher sales in its mobile phone prepaid airtime reload and bill payment business.

Current stock price: 6.50 pence

12-month change: down 73%

By Heather Rydings; heatherrydings@alliancenews.com

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