Internet Software & Services company Affle (India) announced Q1FY25 results: Revenue of Rs 519.5 crore, an increase of 27.8% YoY EBITDA of Rs 104.7 crore, an increase of 34.0% YoY Profit Before Tax (PBT) of Rs 106.6 crore, an increase of 52.1% YoY Profit After Tax (PAT) of Rs 86.6 crore, an increase of 30.8% YoY Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “We continue to exceed our performance targets, with Q1FY25 marking yet another quarter of significant growth having achieved our highest quarterly revenue run-rate, highest EBITDA and consumer conversions till date. Mirroring the previous quarter growth trends, this period also witnessed persistent increase in digital advertising spends powered by our unique ROI-linked CPCU business model, coming across our markets and key industry verticals. This performance was a result of our strategic efforts to consolidate all our business and platform operations into a unified, fully-integrated unit, further augmenting our consumer-centric platform offerings. We continued to deepen our market penetration through strategic enhancements in our Affle2.0 Consumer Platform Stack, including the responsible integration and rollout of GenAI-powered solutions, underpinned by our extensive GenAI patent portfolio. We remain optimistic of the industry trends and are well-positioned to maintain our strong growth momentum, continuing to deliver value and achieve exceptional results for all our stakeholders.” Result PDF
Conference Call with Affle (India) Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.