MobilityOne Ltd. (MBO)

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Index:

FTSE AIM All-Share

 5.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 9.25
  • 52 Week Low: 4.10
  • Currency: UK Pounds
  • Shares Issued: 106.30m
  • Volume: 150,356
  • Market Cap: £6.11m
  • RiskGrade: 467

MobilityOne revenues surge on strong Malaysian trading

By Iain Gilbert

Date: Monday 15 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Payment solutions provider MobilityOne said on Monday that full-year revenues had surged as a result of strong growth in its mobile phone prepaid airtime reload and bill payment business in Malaysia.
MobilityOne said unedited revenues were up 35% at £169.4m and gross profits increased 44.5% to £10.7m, helping the company swing from a pre-tax loss of £1.36m to a profit of £1.18m.

As of 31 December 2019, MobilityOne had cash and cash equivalents of £4.42m, a slight increase on the £4.18m held a year earlier, while secured loans and borrowings narrowed from £4.27m to £3.43m.

The AIM-listed group said the Covid-19 pandemic had not negatively affected its financial performance and stated its board remained confident on the prospects for the firm for the remainder of 2020, particularly in Malaysia.

For future growth, MobilityOne said it would continue to enhance its product offering and payment systems, including online payment gateways which cover the acceptance of credit cards and payment wallets.

As of 0945 BST, Mobility One shares had surged 57.14% to 4.95p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MBO Market Data

Currency UK Pounds
Share Price 5.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 9.25
52 Week Low 4.10
Volume 150,356
Shares Issued 106.30m
Market Cap £6.11m
RiskGrade 467

MBO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
42.17% below the market average42.17% below the market average42.17% below the market average42.17% below the market average42.17% below the market average
54.46% below the sector average54.46% below the sector average54.46% below the sector average54.46% below the sector average54.46% below the sector average
Income Not Available
Growth
93.48% below the market average93.48% below the market average93.48% below the market average93.48% below the market average93.48% below the market average
94% below the sector average94% below the sector average94% below the sector average94% below the sector average94% below the sector average

MBO Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
11:58 149,356 @ 5.83p
09:01 1,000 @ 5.50p

MBO Key Personnel

CEO Hussain Rizal bin A Rahman

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