BANGO PLC CAMBRIDGE ORD - BGOPF STOCK NEWS

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Bango PLC is a leading digital vending machine company that enables content providers to reach more paying customers globally through subscription bundling. They offer a subscription bundling SaaS platform, the Bango Digital Vending Machine® (DVM), that simplifies the management of subscriptions through a centralized content hub. Through partnerships with over 150 content providers and resellers, including big names like Amazon, Google, and Microsoft, Bango revolutionizes the monetization of digital content and services. Their recent collaborations have expanded the range of streaming services available to consumers, enhancing customer retention and providing a diverse range of content choices.

10/24/2023 09:30 AM

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MyBundle and Bango partnership gives more than 10 million US households new streaming and subscription choices

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Bango and MyBundle announce a partnership to expand access to US consumers for streaming subscription services. This collaboration allows MyBundle to accelerate the deployment of new tools and offerings to its marketplace, serving over 180 broadband provider customers in the US. MyBundle broadband partners service over 10 million US households.

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10/11/2023 04:00 AM

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Bango and Sam Media bring premium extended reality (XR) content to more users around the world

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Bango announces strategic partnership with Sam Media for Direct Carrier Billing of XR content

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10/05/2023 08:00 AM

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Uncharted waters: 44% of Asian consumers admit to piracy for streaming content

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Overloaded with subscriptions and unsure of costs, consumers ditch streaming services in favor of piracy

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09/25/2023 08:00 AM

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Overloaded: 81% of Asian consumers think there are ‘too many’ subscription services to choose from now

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93% want a single hub to manage all subscriptions including video, music, gaming, sport, and more. Subscription overload is causing frustration and unnecessary costs for consumers. However, consumers want a more seamless experience and would sign up for more subscriptions if they were consolidated through a centralized content hub. Telcos are the most trusted provider for a centralized content hub, and Super Bundling content hubs would boost consumer loyalty. Telcos like Verizon and Optus have already launched 'Super Bundling' content hubs in the US and Australia. Bango specializes in the technology behind Super Bundling.

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09/18/2023 05:24 AM

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Interim Results for the six months ended 30 June 2023

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Bango announces interim results for H1 2023 with revenue up 88% to $20.3M and strong DVM traction in the US, but reports a loss before taxation of $4.9M.

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08/09/2023 08:00 AM

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20% of streaming subscriptions delivered through telco bundling in 2023

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The global revenue from video, music, and other subscription-based services sold through telco bundles is projected to reach $24.8bn this year and grow to $42.8bn in 2027. Currently, 20% of all streaming video subscriptions are sold through bundling partnerships with telco companies, and this is expected to increase to 25% by 2028. In certain regions like Latin America, telco bundles are predicted to account for nearly 50% of streaming video subscriptions within the next 5 years.

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07/12/2023 09:00 AM

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The final frontier: telcos race to launch next-gen Super Bundling hubs

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88% of telco leaders in the US and UK plan to offer Super Bundling content hubs, according to a new report. Super Bundling services involve a single payment for multiple subscriptions delivered through a single online hub. Telcos see Super Bundling as a key strategy for revenue growth and customer acquisition.

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05/11/2023 07:11 AM

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Bango, TPAY, and Etisalat Egypt launch Direct Carrier Billing with Google To Enable IN-APP Purchases and Subscriptions for over 30 million Subscribers

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04/21/2023 02:36 AM

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Bango global success earns King’s Award for Enterprise

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03/28/2023 05:00 AM

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2022 Preliminary Results

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Bango has reported strong preliminary results for FY 2022, with revenue increasing by 38% to $28.5M, driven by key SaaS wins and the acquisition of DOCOMO Digital. Annual recurring revenue surged to $5.0M from $1.1M in 2021. The company's end-user spend also rose, reaching $5.6B as of December 2022. Notably, Bango expects to end 2023 with a projected ARR of $10M, surpassing previous estimates. However, adjusted EBITDA fell to $5.0M from $6.1M. The acquisition is on track to yield $10M in incremental EBITDA by 2024, with $11M of targeted cost synergies already executed.

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FAQ

What is the current stock price of BANGO PLC CAMBRIDGE ORD (BGOPF)?

The current stock price of BANGO PLC CAMBRIDGE ORD (BGOPF) is $1.17 as of January 29, 2025.

What is the market cap of BANGO PLC CAMBRIDGE ORD (BGOPF)?

The market cap of BANGO PLC CAMBRIDGE ORD (BGOPF) is approximately 121.2M.

What is Bango PLC known for?

Bango PLC is known for providing a subscription bundling SaaS platform called the Bango Digital Vending Machine® (DVM) that simplifies the management of subscriptions through a centralized content hub.

Which companies does Bango PLC partner with?

Bango PLC partners with over 150 content providers and resellers, including major technology companies like Amazon, Google, and Microsoft.

How does Bango PLC contribute to the monetization of digital content and services?

Bango PLC revolutionizes the monetization of digital content and services by offering tools for customer acquisition, payments, and subscriptions through the Bango Digital Vending Machine®.

What are some recent collaborations of Bango PLC?

Recent collaborations of Bango PLC have expanded the range of streaming services available to consumers, enriching content catalogs and enhancing customer retention.

What is the key offering of Bango PLC for content providers?

Bango PLC's key offering for content providers is access to a subscription bundling SaaS platform, the Bango Digital Vending Machine®, which simplifies the management of subscriptions and expands global reach.