Today I attended the Annual General Meeting of Monitise PLC in Holborn Gate, London. The meeting was well attended with over 40 shareholders present. Monitise’s business revolves around “Mobile Money solutions” which basically means the use of a mobile phone to bank anywhere, pay anyone and buy anything. Monitise has a global reach with offices in the UK, USA, India and Asia Pacific (an RNS was released today, indicating that Monitise had taken full ownership of its Asia Pacific Joint Venture). Some numbers for the last financial are Revenue up 102%, gross margin up to 76% (from 66%), 41% more registered customers, but a loss £51.3 million (2012 £16.4 million). The meeting was opened by newly appointed Chairman Peter Ayliffe, with Founder and CEO Alastair Lukies and Chief Financial Officer
...Not a member? Join today
Joining ShareSoc helps to empower our collective voice in representing investors, but we also offer exclusive benefits:
Member events & Masterclasses
Regular newsletter
Member only on-line Forums / Q&As
Company data and Voting Guidance
Educational resources
Get involved in our activities
Already a member?
Log in to your account to access this content and all of your other ShareSoc membership benefits.