UK's Boku 2025 adjusted EBITDA beats estimates on Digital Wallets strength

Boku

17/03/2026 07:17

Overview

UK local payments network's 2025 revenue rose 30% on strong Digital Wallets and Bundling growth

Adjusted EBITDA for 2025 rose 36% and beat analyst expectations

Company repurchased 5.8 mln shares for $12.3 mln during the year

Outlook

Boku expects organic revenue growth exceeding 20% CAGR over the medium term

Company anticipates adjusted EBITDA margin above 30% with progressive accretion from 2026

Boku says medium-term guidance remains unchanged

Result Drivers

DIGITAL WALLETS & A2A GROWTH - Revenue from Digital Wallets & Account to Account rose 67%, driven by expanding merchant adoption of Local Payment Methods, particularly in EMEA and APAC

BUNDLING DEMAND - Bundling revenue increased 71% as merchants sought promotional consumer acquisition solutions beyond Direct Carrier Billing

USER AND VOLUME EXPANSION - Monthly Active Users rose 31% and Total Payment Volume climbed 27%, reflecting broader consumer reach and increased transaction activity

Company press release: ID:nRSQ9071Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBITDA
Beat
$41.30 mln
$39.66 mln (9 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Boku Inc is GBp322.00, about 95.7% above its March 16 closing price of GBp164.50

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)