Mobile banking specialist turns over £15m in HY to December 31st.
It's all looking very positive for the UK firm, which turned over £5.3m in the same period a year ago, and £14m for the entire 12 months to the end of June 2011.
Meanwhile the order book to the end of December 2011 has now passed £75m, with more than £35m of orders contracted during the first six months of FY 2012.
Gross margins are expected to be in line with the 62 per cent generated in the first half of last year.
That said, Monitise is still building towards profit, though it expects be at breakeven EBITDA till the second half of 2011.
Monitise powers mobile money and banking services for financial institutions such as Visa and RBS.
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It charges fees for this work, and takes a share for every new customer added (and any cost savings accruing). Currently, its platform conducts 10 million mobile banking transactions a month.
More than 5.5m customers have now signed up for Monitise’s mobile money services, compared with 3m registered customers at the start of January 2011.
The platform is processing 330m transactions a year, compared with 120m transactions per annum a year ago.
Customer log-ins for mobile money apps developed and deployed by Monitise are currently running at around 15m per month, compared with around 6m six months ago.
Bank transfers and payments processed via the Monitise technology platform have risen to more than £1bn in the year to date. The corresponding figure for the whole of 2010 was £600,000.
Alastair Lukies, CEO of Monitise, said: “Our revenue performance and growing order book clearly demonstrate the momentum of the Monitise business as we head into calendar 2012, the year of the Olympics.
"We have seen via the increase in activity across our own technology platform how mobile banking has created an exciting and fast-growing new way for consumers to interact with their bank and manage money on their terms."
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