Bango Plc. CEO Paul Larbey joined Steve Darling from Proactive to discuss the company’s strong first-half results, highlighting continued momentum in its rapidly growing subscriptions business and reaffirming that trading remains in line with full-year market expectations. Larbey said growth in Bango’s subscriptions segment continued through the first six months of 2026 and has carried into the second half of the year, supported by increasing adoption of the company’s Digital Vending Machine (DVM) platform. The platform enables telecom operators and other businesses to package and sell multiple subscription services—including streaming, entertainment and digital content offerings—through a single bundled customer experience. The company secured eight new DVM customers during the first half of the year, with six already signed under contract. Larbey noted that customer demand remains strong, supported by a healthy sales pipeline despite ongoing macroeconomic uncertainty. Bango also continues to execute a strategic restructuring of its lower-margin payments business. The company is streamlining certain payment routes, a process that is running ahead of schedule and is expected to be completed before year-end. While the rationalization may reduce reported revenue by a low single-digit percentage, management expects little impact on profitability and believes it will improve the overall quality and margin profile of the business. For the six months ended June 30, Bango reported revenue of $25.9 million, a 3% increase from the same period last year. The growth was driven primarily by the subscriptions division, where revenue climbed 13% to $12.3 million. Payments revenue declined 5% to $13.6 million as the company continued its planned restructuring of the lower quality revenue routes. Profitability improved significantly across the business. Adjusted EBITDA increased 34% year-over-year to $9 million, with the subscriptions segment playing a leading role. EBITDA from subscriptions more than tripled to $3.2 million, underscoring the growing scalability and operating leverage of the platform. One of the most notable achievements during the period was the company’s turnaround in cash generation. Cash EBITDA improved from a loss of $0.7 million in the prior-year period to a positive $3.7 million, surpassing the total cash EBITDA generated during all of 2025 in just the first six months of 2026. Recurring revenue metrics also continued to strengthen. Annual recurring revenue (ARR), which measures the annualized value of contracted subscription income, rose 31% to $20.4 million. Net revenue retention improved to 119% from 108%, indicating that existing customers are spending more over time and expanding their use of Bango’s platform. #proactiveinvestors #bangoplc #aim #bgo #otcqx #bgopf #DigitalVendingMachine #Subscriptions #Telecom #StreamingServices #SaaS #RecurringRevenue #ARR #Fintech #DigitalCommerce #TechnologyStocks #GrowthStocks #BusinessTechnology #SteveDarling