Morning all!
Boku Inc ( Boku Inc (LON:BOKU) ) – 115.5p – £247.1m – PER 99.0
Trading Update For The 6 Months To End June 2018 – Total Processed Value (TPV) $1.5b, up 153% with Revenue due to be up 60% or so (in the range $16.5m to $17m (2017 $10.2m)). 10.3m Monthly Active Users (MAU) is more than double this time last year and earnings are on track to meet FY expectations.
This is a new one to me and it doesn’t look too bad here (although the PER is HUGE!). It’s not yet made a Profit but should do this year and, if forecasts are accurate, Profits are set to 7x the year after with EPS set to 4x. Perhaps worth a “punt” but I will remain Neutral until I see those FY results – Not usually one to “punt”.
As always, all comment most welcome!
