Analyst Research Report Snapshot

Title:

MONITISE - POSITIVE MOMENTUM

Price:

$10.00

Provider:

Edison Investment Research

Date:

24 Jul 2013

Pages:

6

Type:

AcrobatPDF

Companies referenced:

MONI.L

Available for Immediate Download
Summary:

Monitise’s trading update confirms that it will meet FY13 guidance, with revenue growth of at least 94% y-o-y and gross margins exceeding 70%. Recent contract wins highlight the shift from mobile banking to mobile payments and m-commerce and bring a large number of potential users that could drive transaction-based revenues in the longer term.

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