IN BRIEF: MobilityOne revenue rises on growth of e-payment business

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - Reports an 11% decline in pretax profit in 2021. Figure falls to £2.0 million from £2.3 million the previous year. Says this was due to higher administration expenses in the year. Revenue climbs 3.7% to £255.7 million from £246.7 million. Cites the continued growth of its e-payment business in Malaysia and higher sales in its mobile phone prepaid airtime reload and bill payment business.

Current stock price: 6.50 pence

12-month change: down 73%

Copyright 2022 Alliance News Limited. All Rights Reserved.