Aug 12, 2022 04:01 PM
Internet Software & Services firm Affle (India) Announced Q1FY23 Result :
Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “As we commemorate the 3rd anniversary of our IPO on 08.08.22, we are elated to close yet another quarter of momentous growth having achieved our highest quarterly revenue run-rate ever in Q1 FY2023. We continued to leverage upon the market opportunity drawing significant moat from our entrepreneurial culture, tech innovations and sustainable value creation powered by Affle2.0 Consumer Platform Stack.
This quarter too witnessed the accelerated broad-based growth in ad spends powered by our unique ROI-linked CPCU business model, coming across our top industry verticals in India & International markets. During the quarter, Affle was awarded Data Protection Trustmark (DPTM) certification for a period of three years by IMDA Singapore, making us part of a selective group of companies that made it to the DPTM and is a significant validation of our Affle2.0 strategy. We further enhanced our platforms while penetrating deeper across both new and existing markets as well as further verticalizing our capabilities towards high-growth emerging industry verticals. We are a differentiated business fundamentally inspired to deliver deep tech powered futuristic use cases and innovation-led profitable growth, further augmenting our global market position. We remain optimistic of the industry trends and committed to driving a sustainable business impact for all our stakeholders.”
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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.
102 Wellington Business Pvt Lt, Andheri Kurla Road, Mumbai, Maharashtra, 400059
|Tel||:||91-124 4992 914|
KFin Techologies Ltd
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||2|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:|