Mobile web service provider posts revenue of £13.76m for the year ending March 31st.
Bango's revenue increased 32 oer cent in the year to March 31st to reach £13.76 million, while gross profits rose by 12 per cent to £2.77 million.Net losses for the year were cut to £1.58 million from £2.92 million in 2007.
The company says it experienced revenue growth in all territories in which it operates, with the UK up 26 per cent and USA & Canada up 54 per cent.
Other highlights include Bango.com self service sign-ups running at 400/month in March 2008 compared to 120/month in March 2007.
Bango CEO Ray Anderson said: "After a year in which we focused on improving our sales and marketing productivity, we enter the new year close to break even on a monthly basis, with significantly lowered costs of sale, and strong signs that mobile web usage is accelerating. Working with mobile operators, content providers and brands, other commercial partners and investors, we look forward to continuing success in the coming years."
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