Check it out, after the initial volatility has subsided I reckon this is the time to be adding on these results JMHO.
Outlook
The Group’s transition to its product-led, subscription-based business and continually growing pipeline of mobile banking, payments and commerce opportunities underlines management’s confidence. The Company’s revenue and profit guidance remains unchanged:
Revenue growth of at least 25% in FY 2015. Continued investment in the Group’s global infrastructure with FY 2015 capex estimated at £35-45m. The Group becoming EBITDA profitable in FY 2016, with revenue growth accelerating. The following longer-term guidance for 2018 being maintained: 200m registered users at £2.50 ARPU EBITDA margin of at least 30% Sustainable gross margin above 70% Monitise continues to consider a move to a main London Stock Exchange listing.
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