Conference Call with Affle (India) Ltd. Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Internet Software & Services company Affle (India) announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from Operations of Rs 506.2 crore, an increase of 42.3% YoY EBITDA at Rs 99.0 crore, an increase of 38.2% YoY PAT at Rs 87.5 crore, an increase of 40.2% YoY FY24 Financial Highlights: Revenue from Operations of Rs 1,842.8 crore, an increase of 28.5% YoY EBITDA at Rs 361.1 crore, an increase of 23.2% YoY PAT at Rs 297.3 crore, an increase of 21.5% YoY Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “Q4FY24 marked a landmark period for Affle, as we achieved record growth on both year-overyear and sequential basis. We achieved our highest quarterly revenue run-rate, highest EBITDA, PAT and consumer conversions till date. This reflects our ongoing commitment to enhance our product capabilities delivering integrated platform solutions and premium propositions, as well as expand our technological prowess particularly in Gen AI, to significantly strengthen our market position. As we conclude FY2024 on a strong note, our achievements are not just a testament to our resilience, but also a clear indicator of our long-term potential. With over 5X growth in topline and profitability in the last five years powered by our unique ROI-linked CPCU business model, and our continued investments in tech, markets and teams expansion, we are poised to continue our trajectory of robust growth with enhanced profitability. We remain dedicated to delivering sustainable value creation for all stakeholders. We are excited about harnessing next-gen technologies to shape the future of digital advertising in a hyperconnected world, as we enter FY2025 with great optimism." Result PDF