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Bango in profit for first time as public company

Tim Green
Bango in profit for first time as public company

Preliminary Results for FY2010 report 'maiden profit' after tax of £10k.

Revenues were also up 48 per cent between the first and second half of FY10, largely thanks to the migration of brands like Fox Mobile, Turner Broadcasting, Yahoo, Cellfish, Turner, Go-spoken, Monotype Imaging, Sendme, Telenav and others to the Bango mobile web payments and analytics system.

Bango also proclaimed the following key business wins:
 
* Deployment of unique Bango technology to one click carrier billing via Wi-Fi 
* T-Mobile USA “off-deck mobile web billing” integration with Bango
* Bango develops capability to enable RIM to provide operator billing for Blackberry App World
 
Ray Anderson, CEO of Bango, said: ”Following a year which saw continued growth and our first profitable year, we have built a strong sales pipeline and an impressive portfolio of customers. 

"Mobile web usage is accelerating and mobile payments are becoming increasingly important to providers of content and services. As a provider of a mobile payments platform and associated analytics tools, Bango is a major beneficiary of this trend.” 

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Tags: mobile web , bango , analytics , fiscals