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Bango PLC

BGO.L•LSE
Technology
Software - Infrastructure
£82.40
£-2.20(-2.60%)
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The company's financials show resilient growth, with revenue advancing from $15.07M in Q4 2022 to $19.02M in Q2 2024. Gross profit remained healthy with margins at 58% in Q2 2024 compared to 70% in Q4 2022. Operating income hit -$3.20M last quarter, sustaining a consistent -17% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $2.06M. Net income rose to -$3.32M, while earnings per share reached -$0.04. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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