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Published on: September 18, 2018

Strong growth in payments, investment in data

Bango has reported solid interim results in our view. The payments
business grew strongly, with End User Spend growth of 138% YoY,
alongside a first full accounting period of positive EBITDA. The data
business (including Audiens) is making good progress, and overall,
we believe the group continues to deliver solid operational
momentum. The outlook remains upbeat, giving confidence in H2
financial performance.

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