Bango PLC Reports FY Results with Revenue Decline and Growth in ARR
Bango PLC (BGOPF:OTCMKTS) reported FY revenue of $52.2 million, a 2.2% year-over-year decline. Annual Recurring Revenue (ARR) increased by 30% to $18.2 million, with a Net Retention Rate (NRR) of 117% and zero churn among live customers. The company also reported an adjusted EBITDA of $13.7 million for the Payments segment and $2.7 million for the Subscriptions segment.
Topics: ARR earnings EBITDA financial performance revenue