Monitise PLC (MONIF)

[Leirum]

The sector as such is volatile, but then this is the market playing the extremes.

Did something Change with reference to the forecast for 2018, nothing, just their 2014 forecast was changed from 40 % to 31-33% but the Overall rate of 25 % is intact.

There are companies out there they would be happy with this Kind of growth.
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FY 2014 revenue growth of 31%-33% vs expected 40%, due to faster shift to subscription model, with lower up-front revenue

Monitise expects revenue growth of at least 25% in FY 2015

Longer term guidance maintained, including intention to achieve profitability in FY 2016

Increased confidence in 200m registered users / GBP2.50 ARPU target by June-end FY 2018