Internet software & services company Affle (India) announced Q1FY24 results:
Consolidated Q1FY24 vs Q1FY23:
Revenue from operations of Rs 406.6 crore, an increase of 17.0% YoY
EBITDA at Rs 78.1 crore, an increase of 13.7% YoY
PAT at Rs 66.2 crore, an increase of 21.4% YoY
Consolidated Q1FY24 vs Q4FY23:
Revenue up by 14.3% QoQ
EBITDA up by 9.0% QoQ
PAT up by 6.0% QoQ
Commenting on the results, Anuj Khanna Sohum, MD and CEO of Affle said, “We commenced FY24 on a positive trajectory and are elated to close yet another quarter of robust growth having achieved our highest quarterly revenue run-rate ever in Q1FY24. This quarter too witnessed the accelerated broad-based growth in ad spending powered by our unique ROI-linked CPCU business model, coming across our top industry verticals.
This performance was a result of strategic efforts to enhance our consumer-centric platform offerings, further verticalize our capabilities towards high-growth industries, leverage acquisitive synergies, and the disciplined execution from our teams.
We further fortified our solutions with unique ad placements across OEM and Operator app stores in India & International markets. We also globally rolled out the CPCU model on Connected TV (CTV) with household sync capabilities, empowering advertisers to reach users across screens and derive greater ROI with cross-device targeting.
We are agile and continue to reinvent ourselves to leverage the evolving market dynamics & technological trends to drive sustainable value creation for all our stakeholders.”
Affle India Limited is a technology sector company, having its market capitalization worth Rs.4384.36 crores as of 14th May 2021. The company was incorporated in 1994. The company has reported its annual net sales of Rs.182.23 crores at the end of March 2020. The company is found on the Bombay Stock Exchange (BSE), having the code 542752 and on the National Stock Exchange (NSE) with the symbol AFFLE. The share price today, as of 14th May 2021, stands at Rs. 5137.95 on BSE and Rs. 5140 on NSE.
Affle India Limited is an India-based global technology company. The company offers a consumer intelligence platform that delivers consumer acquisitions, transactions, and engagements via relevant mobile advertisement platforms. The company primarily provides services like new consumer conversions, e-commerce transaction completion and an online to offline (O2O) platform.
Affle India Limited was originally incorporated as a private limited company named Tejus Securities Private Limited. The name was changed to Affle India Private Limited in January 2006, when the entire capital (equity share capital) of Tejus Securities Private Limited was acquired by Anuj Khanna Sohum, the individual promoter Madhusudan Ramakrishna and Anuj Kumar. It was made a public limited company under the name Affle India Limited in 2018. The company is primarily engaged in providing end-to-end solutions for enterprises to enhance their engagement with mobile users. The company's consumer platform had approximately 2.02 billion consumer profiles, out of which nearly 571 million were from the Indian market. Affle India Limited is in the process to integrate consumer profiles and related data points from the Shoffr Platform and Vizury Commerce. The company holds three patents in the United States, with various patent claims ranging from marketing to data exchange clients' online search system to computer programme and methods.
It has ten patent applications in India that cover various algorithms to detect digital frauds. The company reflected an operating profit margin of 27.30% in the financial statement for the year ended March 2020. The EPS for the same period was reported at Rs. 12.90. The current competitive strengths of the company include a high growth rate market, a global customer base and a low-cost business model.
Affle India Limited is a technology sector company, having its market capitalization worth Rs.4384.36 crores as of 14th May 2021. The company was incorporated in 1994. The company has reported its annual net sales of Rs.182.23 crores at the end of March 2020. The company is found on the Bombay Stock Exchange (BSE), having the code 542752 and on the National Stock Exchange (NSE) with the symbol AFFLE. The share price today, as of 14th May 2021, stands at Rs. 5137.95 on BSE and Rs. 5140 on NSE.
Affle India Limited is an India-based global technology company. The company offers a consumer intelligence platform that delivers consumer acquisitions, transactions, and engagements via relevant mobile advertisement platforms. The company primarily provides services like new consumer conversions, e-commerce transaction completion and an online to offline (O2O) platform.
Affle India Limited was originally incorporated as a private limited company named Tejus Securities Private Limited. The name was changed to Affle India Private Limited in January 2006, when the entire capital (equity share capital) of Tejus Securities Private Limited was acquired by Anuj Khanna Sohum, the individual promoter Madhusudan Ramakrishna and Anuj Kumar. It was made a public limited company under the name Affle India Limited in 2018. The company is primarily engaged in providing end-to-end solutions for enterprises to enhance their engagement with mobile users. The company's consumer platform had approximately 2.02 billion consumer profiles, out of which nearly 571 million were from the Indian market. Affle India Limited is in the process to integrate consumer profiles and related data points from the Shoffr Platform and Vizury Commerce. The company holds three patents in the United States, with various patent claims ranging from marketing to data exchange clients' online search system to computer programme and methods.
It has ten patent applications in India that cover various algorithms to detect digital frauds. The company reflected an operating profit margin of 27.30% in the financial statement for the year ended March 2020. The EPS for the same period was reported at Rs. 12.90. The current competitive strengths of the company include a high growth rate market, a global customer base and a low-cost business model.
You can buy Affle India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Affle India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 12:44 PM the closing price of Affle India Ltd was ₹ 1,097.20.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 04, 2023 12:44 PM, the market cap of Affle India Ltd stood at ₹ 14,620.30.