Monitise has issued its financial results for the six months to 31 December 2012. The UK mobile banking outfit’s first-half revenue was £27.8 million, up 63 per cent on H1 FY 2012 with strong growth in user generated revenue. H1 FY 2013 gross margins rose to 72 per cent from 64 per cent in H1 FY 2012 and 69 per cent in H2 FY 2012. There was an EBITDA loss of £14.7 million (H1 FY 2012 loss: £4.2 million), reflecting the acquisition of Clairmail, continued investment in scaling of the Monitise Enterprise Platform and Group service delivery capabilities. Full-year revenue is on track to reach at least £70 million.

The value of payments and transfers initiated via the company’s platform technology is now more than $31 billion on an annualised basis, compared with $10 billion a year ago. The group has 20 million registered customers, compared with six million in January 2012. Monitise has seen further growth in live transactions with two billion transactions on an annualised basis, compared with 0.48 billion in February 2012. Its platform technology handles 2.9 million customer requests per hour at peak times and 270 million system transactions a day.

Meanwhile, the Monitise Asia Pacific Joint Venture, BlackBerry Messenger’s first mobile payments service , will be commercially launched in Indonesia later this month, having recently received regulatory approval from Bank Indonesia, the country’s central bank. A pilot launch went live on 1 February. Monitise has also announced a mobile commerce partnership with e-commerce provider Venda, which works with such brands as Universal Music, Fat Face, TK Maxx, Laura Ashley, Jimmy Choo, Royal Doulton, Wickes, Clothing at Tesco and Orange.

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