Mobile Payments Firm Boku Sees 38% Rise in Revenue for H1 2021

Fazzaco learned that Boku Inc., a global provider of mobile payment and identity solutions, has posted its financials for the first six months of 2021, showing a 38 percent jump in group revenue.

The revenue of Boku for H1 2021 stood at $34.2 million, up from the previous year's $24.7 million. The growing business activities also pushed the gross adjusted EBITDA to 61 percent higher at $10.3 million. Operating profits of the company also rose to $2.3 million from the previous year's $0.2 million. The pre-tax profits of the payments company increased significantly to $1.9 million from the previous year's $0.09 million.