Affle (India) Limited, a consumer intelligence driven global technology Company, announced the results for fourth quarter and financial year ended March 31, 2021.
The company reported strong performance for Q4FY21 with a consolidated revenue from operations of Rs141.6cr, an increase of 76.9% yoy from Rs80.0cr in Q4 last year. EBITDA was at Rs34.5cr, an increase of 63.4% yoy.
PAT (normalized for exceptional items) increased by 73.6% yoy to Rs26.5cr from Rs15.3cr in Q4 last year. Normalized PAT margin stood at 18.5% for the quarter. This growth was broad-based coming from both CPCU business & non-CPCU business.
For 12MFY2021, consolidated revenue from operations was at Rs516.8cr, an increase of 54.8% yoy from Rs333.8cr in 12M last year. EBITDA was at Rs130.0cr, an increase of 46.4% yoy. PAT increased by 57.4% yoy to Rs103.1cr and PAT margin expanded by 0.4%.
The company reported robust operating cash flows of Rs101.6cr, an increase of 41.4% yoy. The CPCU business noted strong momentum delivering 3.0cr of converted users in Q4FY21, an increase of 81.7% y-o-y and taking the total converted users delivered in 12MFY21 to 10.5cr. The top-10 industry verticals for the Company continued to be Covid-19 resilient, helping it register a robust growth in this quarter.
The company stock was bullish on Monday touching a day's high of Rs5615.05 per piece early on. At around 11.40 am, it was trading at Rs5373.95per piece up Rs148.25 or 2.84% on the BSE.
“FY21 was a landmark year for Affle. We successfully laid Affle2.0 strategic foundation for the decade ahead anchored on our 2V - Vernacular & Verticalization strategy and our ecosystem level mobile OEM & Operator partnerships. We further fortified our tech platforms, products and IP portfolio and strengthened our leadership position as the partner of choice for global brands and app marketers powering their mobile-first digital transformation journey."
"Affle delivered broad-based growth from both existing & new customers across the Top 10 resilient industry verticals. This was contributed by consistent growth in advertiser spends across India and other emerging markets,” Anuj Khanna Sohum, the Chairman, MD and CEO of Affle, said.
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