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Loss-making click-to-pay specialist floats on the stock market
Thursday 23 Nov 2017 Author: Steven Frazer

Mobile payments specialist Boku (BOKU:AIM) hopes AIM can provide the support needed to help the business advance towards a maiden profit. It has raised £45m with £30m of this sum going to selling shareholders.

The US-based business provides direct carrier billing to content providers and major mobile networks.

For the six months to 30 June 2017 the company made a $2.8m loss before interest, tax, depreciation and amortisation on $10.2m revenue. (SF)

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