BOKU (BOKU) AI Stock Analysis

• Market Cap: £718.08M
• Dividend Yield: N/A
• Average Volume (3M): 638.42K
• Price to Earnings (P/E): 69.9
• Beta (1Y): 0.59
• Revenue Growth: 22.19%
• EPS Growth: 78.35%
• Country: UK
• Employees: 450
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.02
• Shares Outstanding: 296,728,880
• 10 Day Avg. Volume: 1,027,018
• 30 Day Avg. Volume: 638,423
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £295.67
• Price Target Upside: 22.18% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 73 Outperform
• Price Target: 255.00p ▲(5.37% Upside)

BOKU's overall stock score is driven primarily by its strong financial performance and positive technical indicators. However, the high P/E ratio suggests potential overvaluation, which tempers the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

BOKU's strong revenue growth indicates successful market penetration and increased adoption of its mobile payment solutions, supporting long-term business expansion.

Cash Flow Performance

Solid cash flow performance ensures BOKU can sustain operations and invest in growth opportunities, enhancing financial stability and strategic flexibility.

Gross Profit Margin

BOKU's high gross profit margin reflects efficient cost management, enabling the company to maintain profitability and competitive pricing in the fintech sector.

Negative Factors

Net Profit Margin Decline

The decline in net profit margin suggests rising operational costs or inefficiencies, which could impact BOKU's ability to generate profits and reinvest in business growth.

Return on Equity Fluctuations

Fluctuating ROE indicates potential inefficiencies in generating shareholder returns, which may affect investor confidence and long-term financial performance.

Free Cash Flow Decline

A decline in free cash flow suggests increased capital expenditures or cash outflows, which could constrain BOKU's ability to fund new projects or manage financial obligations.

BOKU Business Overview & Revenue Model

Company Description

Boku, Inc. provides mobile billing and payment solutions for mobile network operators and merchants. Its solutions enable consumers to make online payments using their mobile devices. The company offers digital payments solutions, including mobile wallets, real-time payments schemes, and direct carrier billing for merchants. It also provides mobile identity and authentication solutions. The company connects its customers with mobile network operators billing, identity, and sales systems. It operates in the United states, Europe, and internationally. The company was incorporated in 2008 and is headquartered in San Francisco, California.

How the Company Makes Money

BOKU generates revenue through a multi-faceted business model that includes transaction fees, subscription services, and partnerships with mobile network operators and merchants. The company charges a percentage fee on each transaction processed through its platform, which forms a significant portion of its revenue. Additionally, BOKU offers subscription-based services for businesses that require advanced payment processing capabilities and analytics. Strategic partnerships with mobile carriers and global merchants further enhance its revenue streams, as these collaborations often lead to increased transaction volumes and shared revenue agreements.

BOKU Financial Statement Overview

Summary

BOKU demonstrates strong revenue growth and efficient margin management. Despite a decline in net profit margin, the company maintains a stable balance sheet with low leverage and healthy cash flows, positioning it well for future growth.

Income Statement

BOKU has demonstrated strong revenue growth over the last few years, with Total Revenue increasing from $50.1M in 2019 to $99.3M in 2024. The Gross Profit Margin is robust, consistently above 90% from 2021 onward, indicating efficient cost management. However, the Net Profit Margin declined from 12.2% in 2023 to 3.8% in 2024, suggesting increased operational expenses or other costs impacting net income. Despite this, the steady increase in EBIT and EBITDA margins over time highlights improved operational efficiency.

Balance Sheet

The company's Balance Sheet shows financial stability with a relatively low Debt-to-Equity Ratio, decreasing over the years, indicating a low level of financial leverage. Stockholders' Equity has grown consistently, supporting a strong Equity Ratio of around 33.9% in 2024. However, the Return on Equity has fluctuated, with a notable decline in recent years, reflecting potential inefficiencies in generating returns for shareholders.

Cash Flow

BOKU's cash flow performance is solid, with consistently positive Operating Cash Flow and Free Cash Flow over the years. The Free Cash Flow to Net Income Ratio is favorable, highlighting effective cash generation relative to reported profits. A slight decline in Free Cash Flow in 2024 compared to 2023 suggests increased capital expenditures or other cash outflows, which should be monitored.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	92.26M	99.27M	82.72M	63.76M	69.17M	56.40M
Gross Profit	81.86M	96.85M	80.67M	61.99M	63.43M	27.13M
EBITDA	15.38M	14.31M	19.21M	14.94M	18.15M	-10.74M
Net Income	―	3.78M	10.09M	4.30M	6.27M	-18.79M
Balance Sheet
Total Assets	368.00M	406.33M	376.81M	277.88M	216.89M	225.05M
Cash, Cash Equivalents and Short-Term Investments	123.72M	142.31M	117.36M	105.15M	56.65M	61.29M
Total Debt	3.54M	2.65M	3.05M	3.55M	12.65M	15.43M
Total Liabilities	229.57M	268.59M	243.28M	166.43M	134.44M	153.30M
Stockholders Equity	138.43M	137.74M	133.53M	111.44M	82.45M	71.75M
Cash Flow
Free Cash Flow	39.93M	34.47M	34.73M	44.32M	6.08M	27.85M
Operating Cash Flow	43.29M	42.01M	40.60M	49.65M	11.92M	31.26M
Investing Cash Flow	―	-3.91M	1.62M	21.41M	-5.81M	-40.47M
Financing Cash Flow	1.09M	-8.99M	-8.79M	-11.43M	-5.79M	34.42M

BOKU Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 242.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BOKU, the sentiment is Positive. The current price of 242 is above the 20-day moving average (MA) of 227.18, above the 50-day MA of 224.00, and above the 200-day MA of 189.78, indicating a bullish trend. The MACD of 6.34 indicates Negative momentum. The RSI at 59.72 is Neutral, neither overbought nor oversold. The STOCH value of 93.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:BOKU.

BOKU Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKS	74 Outperform	£148.69M	50.00	7.35%	―	26.09%	32.43%
BOKU	73 Outperform	£718.08M	69.94	9.64%	―	22.19%	78.35%
EWG	72 Outperform	£623.02M	68.18	3.98%	―	-0.85%	―
BGO	70 Outperform	£72.35M	―	-10.50%	―	6.40%	70.78%
FNX	63 Neutral	£188.27M	16.89	104.98%	4.53%	-4.35%	5.34%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
PAY	60 Neutral	£519.66M	28.24	17.90%	4.52%	1.42%	-46.02%

BOKU Corporate Events

Boku Partners with Canva to Expand Localized Payment Solutions

Boku Inc. has partnered with Canva to introduce new localized payment methods, facilitating Canva’s expansion in Asia and Europe. This collaboration aims to make Canva’s creative tools more accessible in regions with low traditional payment card usage by leveraging Boku’s expertise in localized payment methods. The partnership is expected to enhance user accessibility and streamline customer experiences, with initial success seen in Vietnam through the integration of MoMo, a leading digital wallet. This strategic move aligns with the growing trend of localized payment methods, projected to account for 59% of global e-commerce transactions by 2028.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku, Inc. Announces Total Voting Rights and Share Capital Update

Boku, Inc. announced its total voting rights and share capital as of July 31, 2025, with 303,262,613 common shares issued and 296,683,244 voting rights available after accounting for treasury shares. This information is crucial for shareholders to determine their notification obligations under financial regulations, impacting how they manage their interests in the company.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £234.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku Inc. Reports Robust Growth in H1 2025, Driven by Local Payment Methods Expansion

Boku Inc. reported a strong financial performance for the first half of 2025, with total group revenue expected to exceed $63 million, marking a 34% organic growth compared to the previous year. The company saw significant increases in revenue from digital wallets and account-to-account schemes, and a 50% rise in adjusted EBITDA to at least $21 million. Boku’s strategic focus on expanding its Local Payment Methods network has driven increased merchant connections and user engagement, positioning the company for continued growth in the global payments industry.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku Inc. Appoints Richard Pennycook as New Non-Executive Chair

Boku Inc. has announced the appointment of Richard Pennycook CBE as the new Non-Executive Chair, effective August 1, 2025, succeeding Dr. Richard Hargreaves who is retiring after nine years on the board. Pennycook, with extensive experience in executive and non-executive roles, is expected to support Boku’s growth strategy as the company continues to expand its market and product offerings, marking a significant transition in leadership that stakeholders anticipate will bolster the company’s strategic direction.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku Announces Updated Share Capital and Voting Rights

Boku, Inc. announced that as of June 30, 2025, the total number of its common shares in issue is 303,220,113, with 6,628,009 shares held in Treasury, resulting in 296,592,104 total voting rights. This figure is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku Inc. Announces Capital Markets Event to Highlight Strategic Progress

Boku Inc. announced it will host a Capital Markets Event on October 16, 2025, in London, aimed at institutional investors and research analysts. The event will provide updates on Boku’s progress towards its goal of becoming the leading localized payments partner for global commerce, detailing strategic execution and growth targets. This initiative underscores Boku’s commitment to transparency and engagement with stakeholders, potentially enhancing its industry positioning.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £242.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku, Inc. Announces Total Voting Rights and Share Capital Update

Boku, Inc. has announced its total voting rights and share capital as of May 30, 2025, with 303,110,613 common shares issued and 296,468,131 voting rights available, following the deduction of treasury shares. This information is crucial for shareholders to determine their interests in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, impacting how they manage their investments and voting power.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Boku Inc. Successfully Passes All Resolutions at AGM

Boku Inc. announced that all resolutions were passed at its Annual General Meeting, including the election of directors and the appointment of PricewaterhouseCoopers LLP as the company’s auditor. The successful passing of these resolutions reflects strong shareholder support and positions Boku to continue its strategic initiatives in the mobile payment industry, enhancing its operational stability and market presence.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.