Mobile Embrace’s mobility challenge

The mobile payments solutions company has performed well, but there are longer-term uncertainties around how it will evolve in this fast-moving sector.

Mobile Embrace (ASX code: MBE) recently announced its FY14 full-year result with a net profit of $2.49 million, in line with my forecast of $2.5 million.

The result marks the fourth year of exceptional growth, with the company capitalising on the opportunity to monetise the large increase in mobile internet usage.


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