Bango PLC (AIM:BGO) (Bango PLC (AIM:BGO)) Paul Larbey joins Proactive London's Katie Pilbeam after revealing underlying profits for 2021 were in line with expectations, while revenue grew by a forecast-beating 32%.
He says the period witnessed 'high growth' in the payments business following new deals with Amazon.com, Inc. and Microsoft Corp and global partnerships with NTT Data, KakaoPay and TPAY.
Revenue increased to US$20.7mln in the year to 31 December 2021 from US$15.7mln in the previous year. End-user spend grew to US$4.1bn from US$2.4bn and adjusted EBITDA rose to US$6.1mln from US$6mln.