Bango is a mobile internet company specilized in mobile billing and independent real time mobile analytics.
Bango should start becoming profitable this financial year.
The interim results for the first half of this financial year are due to be announced next Tuesday[1st December] along with a presentation to analysts.
Yesterday they announced an important agreement to provide Fox Mobile Group with its mobile web billing platform services worldwide.
There are only 28 million shares on issue.

StockMarketWire.com
Mobile web payments company Bango said revenue for the year to end-March was 19.3m (26.1m). The group recorded a loss after tax of 0.70m (0.01m profit).

Low margin end user activity was down 29% to 17.46m (24.69m) and high margin revenues up 29% to 1.86m (1.44m).

Gross Profit grew 7% to 1.29m in second half (H2) from 1.21m in H1, giving a total for the year of 2.49m (2.67m).

EBITDA for the year showed a deficit of 0.5m (0.1m) with the deficit reduced from 0.3m in H1 to 0.2m in H2.

H2 underlying positive EBITDA of (before share-based payments) after adjusting for 0.12m costs to accelerate sales model transition and 0.11m change in profit recognition for operator integrations.

Loss after tax 0.70m (0.01m profit) with H2 loss of 0.27m improved from H1 loss of 0.43m

Cash balance of 2.71m as at 31st March 2011. (2010: 2.74m)

Ray Anderson, CEO, commented: "The key development during the year was the decision to focus on the fast growing smartphone market segment, developing relationships with App Stores as a way of deploying Bango technology more widely. Bango'sagreement with RIM to provide carrier billing for BlackBerry App World announced in the first half is potentially transformational and resources have been re-allocated to ensure the success of the project. Bango is now developing a number of other significant "App Store" opportunities including those focussed on the increasingly popular Android platform.

"As expected, the continued decline in end user spending on low-margin content for featurephones reduced gross profit from that part of the business. However, good progress in growing smartphone payment and analytics business resulted in an overall growth in gross margin in the second half.

"The second half showed an underlying profit after allowing for one-time costs related to the acceleration of cost reduction in the featurephone business and a change in recognition of gross profit on mobile operator integrations.

"Since the year end, the number of mobile operators activated for RIM has doubled and in May overall end user spending grew compared with April. Progress with RIM and other App Stores in the pipeline gives us confidence that we are well placed to accelerate this growth in future periods."

Bango (AIM: BGO) announces today that it has signed an agreement with Opera Software to provide mobile payments for the Opera App Store.

Under the agreement Bango will provide mobile payments worldwide for the Opera Mobile App Store, which can be accessed from phones that run the Opera Mini and Opera mobile browsers, as well as any other mobile browser. Today the browsers run on more than 100 million devices worldwide; and can be run on over 3000 different mobile phone models, including most major mobile operating systems. The Opera Mobile App Store is designed to provide apps configured for the user's individual device.

The store currently delivers 1 million app downloads a day through an easy to run, browser-based interface. Bango is providing charge-to-mobile bill and other payment methods, such as credit card billing. The Bango mobile payment feature is expected to go live and generate revenues in calendar Q3 of 2011, the second quarter of Bango's financial year.

StockMarketWire.com
Bango has issued an update on the progress it is making with BlackBerry App World.

Bango said the importance of Blackberry App World to the fortunes of RIM was underlined by RIM co-chief executive Mike Lazaridis during a recent investor update.

Lazaridis presented the key capabilities of the latest version of its app store, App World 3.0, which has recently started to be deployed to Blackberry users.

Alongside the enhanced merchandising and discovery features of the app store, the importance of 'carrier billing' - which is powered by Bango -was outlined.

It was reported that 'carrier billing' is now live in 10 countries.

Bango started enabling 'carrier billing' for Blackberry App World in August 2010, going live initially with AT&T Wireless in the US.

Since then Bango has signed several other operators and recent progress has been rapid; the announcement of 10 countries rolled out already demonstrates Bango's progress over the past year.

Lazaridis also underlined RIM's extensive geographic roll out of Blackberry App World by confirming that it is now available in 131 markets, has over 40,000 'apps', and sees 4 million daily downloads.

Hey wanted to share this with you.

Came across this audio interview with Ray Anderson, CEO at Petrel Resources.

Its an interesting listen, well worth a click:

http://www.brrmedia.co.uk/event/98839/david-horgan-managing-director

Bango to showcase at the London Innovators and Investors Forum

It is our pleasure to invite you to attend the forthcoming Innovators & Investors Forum on the 29th January 2013 at the Business Design Centre, London. This will be an exclusive invitation only event organised by Shares Magazine and Cenkos Securities.

As an active private investor, we are sure you would appreciate this unique opportunity to receive privileged access to 30 diverse, forward thinking and energetic technology companies at a single event.

Many of the exhibiting companies are currently involved in some very exciting projects in an effort to drive future growth, and development within their industries.

The event will be supported with an extensive conference program, including keynote speakers and company presentations.

We sincerely hope you are able to attend and that you find the experience both profitable and enlightening. Companies represented include:

1Spatial
Avanti Communications
Bango
Bond International Software Group
Brady
CML Microsystems
Corac
Cyan Holdings
eg Solutions
Energetix Group
eServGlobal
Forbidden Technologies
Fusion IP
Globo
incadea
InternetQ
IQE
KBC Advanced Technologies
Netcall
Optimal Payments
Plastics Capital
Probability
Quindell Portfolio
StatPro Group
WANdisco


Event time: 12.30pm to 5.30pm

Complimentary refreshments and luncheon provided

To register for this event please click here


CONFERENCE AGENDA AS AT 09.01.13
(To be updated once presentation speakers are confirmed)

12:30 Registration & Lunch

14:00 Keynote speaker - Richard Penny, Senior Fund Manager - Legal and General

14:15 Shares Magazine presentation - Russ Mould, Editorial Director

14:30 Company presentation - David Richards, President & CEO - WANdisco

14:45 Company presentation - Henrik Bang, CEO - Netcall

15:00 Company presentation - Marcus Hanke, CEO - 1Spatial

15:15 Company presentation - tbc

15:30 Coffee Break

16:00 Company presentation - Stephen Blundell, CFO - eServGlobal

16:15 Company presentation - David Baynes, CEO - Fusion IP

16:30 Company presentation - Stephen Streater, CEO - Forbidden Technologies

16:45 Company presentation - Charles Cohen, CEO - Probability

17:00 Company presentation - Simon Smith, Non-Executive Director - Cyan Holdings

17:15 Close

This agenda is subject to change and alterations

For further information, please visit our events page

Bango (BGO) - Interim results to 30 June 2013

CLICK HERE

up 7.87%

WATCH: Gerry Tucker, CFO of Bango, provides an update at the Innovators & Investors Forum, London

Click here to watch

LISTEN: Bango (BGO) - FY2013, 12 months to 31 December 2013

Click here

A recent TV interview with Bango CEO Ray Anderson

http://www.fmp-tv.co.uk/companies/bango

gone bango paid 93p to good a picture to ignore, holders. deals ECT BB

Growth & Innovation Forum 2017


Tuesday 31st January 2017

MEET YOUR NEXT GROWTH COMPANY INVESTMENT

Click here to REGISTER now


Share price performance of some of the companies that attended the last event include:

Cyan +43%

Instem + 44%

Satellite Solutions Worldwide +79%

Summit Therapeutics +32%

XLMedia +46%


The Growth and Innovation Forum, organised in partnership with Cenkos Securities and Shares, is in its 5th year and is the UK's only growth and technology company investment show.

Thousands of investors have attended our previous shows. This year attendees will be able to:

· Learn from industry experts and influencers about the markets, the technology sector and individual companies

· Find out from fund managers how they view the future in 2017 and beyond

· Meet the directors of up to 40 listed growth companies

· Listen to presentations from our expert team of Shares journalists


Key note Speakers at the Show include:

Daniel Coatsworth, Editor - Shares

Russ Mould, Investment Director - AJ Bell

Richard Penny, Senior Fund Manager - Legal & General UK Alpha Trust

Simon Strong, Head of Research, Growth Companies - Cenkos Securities

Further keynote speakers to be announced.


Presenting at the Show and available to meet during the day will be a number of listed company CEOs and Directors:

Andrew Newland, CEO - ANGLE

Alastair Smith, CEO - Avacta

Rachel Elias-Jones, CFO - Bango

Keith Butcher, CFO - Blancco Technology Group

Terry Hart, CFO - CityFibre

Simon Cleaver, CEO - CloudCall

Jamal Rushdy, CEO - Collagen Solutions

John Cronin, Executive Chairman - CyanConnode

Philipp Prince, CFO - Defenx

Frontier IP Group

Phil Reason, CEO - Instem

Steve Flavell, co-CEO - LoopUp

Jose Luis Vazquez, CEO - Mirada

Ian Smith, CEO - One pm Finance

Plastics Capital

Mark Braund, CEO - RedstoneConnect

Simon Kings, Executive Director - TP Group

David Richards, Interim Chairman, President, CEO & Co-founder - WANdisco

More companies to be announced.


For more information go to the event website here

payment company's history, are taken out by the big boys, B G O min £2 BB

StockMarketWire.com
Bango saw end user spend (EUS) increase to £92.31m in the six months to the end of June - up from £46.17m last time.

Revenue from EUS increased 114% YoY to £1.65m (1h2016: £0.77m)

The group said that annualised EUS exiting August was over £400m, at least 140% more than the rate entering September 2016 (£167m).

The group reported a loss before interest, tax, depreciation and amortisation of £1.01m - down from £1.64m last time.

Chief executive Ray Anderson said: 'With a unique, powerful technology platform and winning strategy to power the world's leading online stores, Bango continues to gain rapid momentum.

'The largest internet businesses are expanding their use of the Bango Platform to reach new customers and increase the return on their marketing investments.

'Adding to the substantial growth achieved by expanding the reach of Google Play and Microsoft Windows Store, in June 2017 Bango technology enabled Amazon to start using carrier billing to collect payments from consumers buying physical goods in Japan.

'New capabilities and unique innovations added to the Bango Platform over the last few years are now starting to be used to open similar opportunities worldwide. Bango continues to invest in the development of its platform to embrace additional routes and markets and attract further innovation on the Bango Platform.

'Merchant partners benefit from fast growth in existing billing routes, and new payment routes added through the year.

'New customers with ambitious growth plans are also coming to the Bango Platform as a result of business development activity - especially in the USA and Japan. Bango therefore remains confident of achieving at least 100% year-on-year growth in End User Spend for the third consecutive year.'