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Upgrading on strong finish to FY23

Boku expects to report FY23 revenue and adjusted EBITDA ahead of Edison Group and consensus forecasts, helped by strength from both the core direct carrier billing (DCB) business and rapid growth in adoption of local payment methods (LPM). The strong finish to FY23 highlights positive momentum going into FY24 and Edison has upgraded their forecasts, with adjusted EBITDA up 7.6% for FY23, 5.3% for FY24 and 4.8% for FY25.

23 January 2024

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