Affle Delivers Strong Q1 FY2025 Performance: Revenue and PAT Witnessed Growth

Affle (India) Limited, a global technology company, reported robust financial results for the first quarter ended June 30, 2024. Consolidated revenue surged 27.8% year-on-year to ₹519.5 crore, driven by the CPCU business’s stellar performance. EBITDA climbed 34% to ₹104.7 crore, with margins expanding to 20.1%. Profit after tax (PAT) increased by 30.8% to ₹86.6 crore, reflecting a PAT margin of 15.9%.

The company’s CPCU business continued its upward trajectory, delivering 9.1 crore converted users and generating revenue of ₹517.7 crore, a 37% year-on-year increase. Key industry verticals exhibited sustained growth, contributing to the overall strong performance. Affle’s strategic focus on profitability and margin expansion further solidified its position in the market.

Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle, said, “We continue to exceed our performance targets, with Q1 FY2025 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 a persistent increase in digital advertising spending powered by our unique ROI-linked CPCU business model, coming across our markets and key industry verticals.”

He further added, “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.”

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