Sep 12th 2013 - Edison Investment Research today published a report on Monitise (MONI.L, LSE:MONI, LON:MONI) entitled "Capitalising On The Mobile Money Opportunity". In summary, the report says:
In FY13, Monitise made significant progress in expanding its service offering, signing up customers for m-commerce services and adding new sales channels. The company continues to invest to drive revenue growth – although this has pushed out our EBITDA break-even forecast by a year, in the longer term the investment should generate a larger number of deals that lead to highly profitable user-generated revenues.
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