Monitise Plc (MONI)
ISR viewMonitise is leading the way in the provision of mobile banking services in the UK and, through partnerships with key leading financial players and retailers, looks likely to replicate that success in other markets. The valuation is relatively high, but is reflective of the company’s strategic potential.
Share price29.50p
Market cap.£238.3m
Summary
Monitise provides consumer-focussed mobile banking and payments services.
Recent analysis
Monitise signs five year strategic mobile money agreement with FIS
Published on 16/12/2011Monitise first half revenues on track to exceed full year FY10/11 revenues
Published on 15/12/2011Monitise bags Visa Europe investment and takes control of US JV
Published on 31/10/2011Monitise order book up by 42% since July
Published on 02/09/2011Financials
| Year | Rev | PBT | EPS | Div |
|---|---|---|---|---|
| 2008 A | 1.5 | -11.9 | -3.3 | 0.0 |
| 2009 A | 2.7 | -11.4 | -2.4 | 0.0 |
| 2010 A | 6.0 | -14.2 | -2.2 | 0.0 |
| 2011 A | 14.0 | -15.5 | -1.6 | 0.0 |
| 2012 E | 32.8 | -14.2 | -1.4 | 0.0 |
| 2013 E | 46.3 | -5.5 | -0.5 | 0.0 |
| 2014 E | 63.5 | 4.4 | 0.4 | 0.0 |
| 2015 E | 83.1 | 13.6 | 1.3 | 0.0 |
Valuation
| Year | EV / rev | EV / EBITDA | PE | Yield (%) |
|---|---|---|---|---|
| 2011 A | 15.3 | n/a | n/a | 0.0 |
| 2012 E | 6.4 | n/a | n/a | 0.0 |
| 2013 E | 4.7 | n/a | n/a | 0.0 |
| 2014 E | 3.4 | 28.1 | n/a | 0.0 |
| 2015 E | 2.5 | 10.9 | 22.7 | 0.0 |