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If you check back 12 months exactly the same thing happened in 2020 and since then revenue has grown by over 45%. The results are published but if you are in finance you will know that in many cases its the auditors themselves causing the delay.
Healthy profit and £4.4 million in the bank will do very nicely thank you.

The most impressive thing about MobilityOne is the growth in revenue over the past four years from under £62 million in 2016 to a figure likely to be over £1/4 billion in 2020, four times the number. Where are they likely to be in two or three years from now?
Someone was worried about costs, the great thing about an automated platform is as volume increases the costs don't rise in proportion but profit does. This is not a company that wastes money, it seems like one of the tightest run companies out there.
Finally I see the SWIFT deal and the partnerships with Mastercard, Alipay, and MoneyGram bringing on new and very profitable streams of revenue. All this coupled with the prospect of dividends makes for a very positive future in my view.

I case you are doubting my posting. From the half year report "Revenue increased by 51.9% to £119.9 million" so we need only a slight increase on that to hit £130 million for the second half and the 1/4 Billion. Similarly "Profit after tax of £1.07 million" so £2 million+ is a conservative ask.
I shall indeed dream on ......

We will have the 2020 results in the next 2 or 3 weeks. I am looking for revenue around £1/4 Billion and a solid profit of £2 million+ with cash in the bank.

From the RNS Mobilityone has approval for the transfer of the remittance business licence from OTR. They now need "the relevant approvals from the Central Bank of Malaysia" for the Mastercard and SWIFT partnerships.
The SWIFT link along with the remittance business licence will make Mobilityone a real player in the B2B money transfer market in Malaysia. Plus being in a position to offer prepaid cards in the run up to end of 2021 holidays is a great idea.
Revenue growth in 2022 is already looking great for a company used the 30-50% growth annually.

I think a glance at the 12 month chart tells you all you need to know.

I am obviously being facetious, but it is down to the drop in volume. The MMs don't like holding the slower moving stocks so they have pushed the bid and ask down which they of course set. There are actual 50% more buys than sells so investors remain positive.

The day traders are getting bored and moving on. They can buy back in in the forties when the next good news hits.

As I said previously Mobilityone traditionally is a fintech company making money on the skinny margins of phone contracts. The Mastercard linkup means they will massively increase their appeal to customers and the revenue they will generate. The company revenue should be around 1/4 Billion GBP when we get the 2020 figures (from £60 million in 2016) so in 2021 and 2022 expect the rate of growth to continue or increase. The SWIFT announcement is equally massive as it brings Mobilityone into the mainstream financial market and will greatly increase both reach and capability.
With a tiny free float this is always going to be a slightly volatile share but in the mid to long term there is no doubt what the trend is going to be.

In about a month we will have the 2020 results which I have already predicted based on the H1 trading update:
- Full year revenue of £220 million - £250 million
- Full Year profit of £2million - £2.5 million
- Cash in bank around £4 million
Added to this during 2021 Mobilityone should have a Distributable Accumulated Surplus meaning they can start to look at returning money to shareholders in the form of a dividend. I am more conservative than a lot of people on here but if the above is confirmed I think something around 40p is not a stretch.

The market got the capitalisation of MobilityOne wrong so we have seen an ongoing correction over the last 12 months. This is a fintech company making profit on the wafer thin margins of phone contracts. So they are open about bringing that efficiency to money-changing and remittance agent services. They now have a license from the central bank and partner agreements with lightweights like Moneygram and Alipay.
They are sat on at least £4 million in cash and have recently added a director with experience in M&A and residency in the UK. Added to all that is the real prospect of dividends in the short to mid term future. That is why the share price is up and will I believe continue to adjust up.

The current market cap here is below the level of the free carry from ARA so AEX's $500 million share of the gas reserves is for free. There is 3d mapping this Summer and drills to follow, I am happy this share will increase significantly over the mid term. Certainly compared to the wider energy market I think way undervalued.

If we start getting dividends then it should be in that area yes (i did suggested a share price of 25p-30p in March). Especially so if the growth in revenue continues and the additional business areas boost profit then the future is bright.

2020 accounts due in June but based on the H1 trading update I expect:
- Full year revenue of £220 million - £250 million
- Full Year profit of £2million - £2.5 million
- Cash in bank around £4 million
- Long term loans and borrowings around £3 million
Other news:
- Revenue increased four fold in 4 years.
- The acquisition of OneTransfer Remittance Sdn Bhd and their remittance business licence issued by BNM and six physical outlets in Malaysia. A move aimed at increasing profit.
- Partner agreements with MoneyGram and Alipay
- A wholly-owned subsidiary in the UK, M-One Tech Limited, seeking approval from the UK FCA to commence payment aggregation, electronic payments and e-remittance services in the UK.
- During 2021 Mobilityone should have a Distributable Accumulated Surplus meaning they can start to look at returning money to shareholders in the form of a dividend.
- Small free float of around 30 million shares.

Yes 20p isn't the target just a stop on the way. Fundamentals are great and 2021 is the year to discuss dividends. That will totally change the long term value of the company.

More volume today that the rest of the week combined and naturally the price moves up. The MMs hate holding low volume stock so they drop the bid right down and open up the spread.

I couldn't agree more, OTR is a better fit and the e-payment license will help the company do what it's best at, growing revenue and profit.
The recent easing in the share price is down to a lack of volume more than anything else, the news is positive and the fundamentals are great. I also hope dividends become an option this year as that will automatically move MBO to a new level.

Really pleased with the volume, always a great sign with such a small free float. Not much to dislike with this company, quietly goes on making money.

Great news, we now have a remittance business licence from the BNM. OTR has six physical outlets in Malaysia and allows customers to send and receive money via MoneyGram's global platform and has recently started e-remittance services via its digital remittance platform. E-remittance is a key component of the Group's e-payment and fintech ecosystem.
While there is no big revenue effects the Board believes the Acquisition does have strategic importance to the Group and will be important for the Group's future expansion plans notwithstanding the relative size of OTR.

Hi Crusty, the market is clearly not the most logical place to be sure. But many have pointed out the comparison with 88E, 3 dusters, no money and a
£219 million market cap. Aminex have proven reserves, guaranteed market, free carry from a proven operator, no money but an IOU from the TPDC for a few million and a MC of £28 million. It's all relative but I believe AEX was oversold and has a positive 12 months ahead. That is important to many now we are in ISA season.