Affle reports 34 per cent growth in PAT FY 2020

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Chennai, June 01, 2020:  Affle (India) Limited, a consumer intelligence driven global technology Company, today announced the results for fourth quarter and financial year ended March 31, 2020.

Adjusted for creditors written back in Q4 & 12M FY2020

Affle reported a consistent performance for FY2020 with a consolidated revenue from operations of Rs. 333.8 crores, an increase in revenue by 33.8% y-o-y. EBITDA was at Rs. 88.8 crores, an increase of 26.3% y-o-y. PAT increased by 34.2% y-o-y to Rs. 65.5 crores, and PAT margin at 19.3% for the year. For Q4 FY2020, consolidated revenue was at Rs. 80.0 crores, an increase of 32.3% y-o-y. PAT was Rs. 15.3 crores, an increase of 5.7% y-o-y.

The CPCU business continued a growth momentum delivering a total of 7.23 crore of converted users in FY2020, up 31.5% as compared to 5.50 crore converted users delivered last year. The company generated robust operating cash flows of Rs. 73.0 crores in FY2020, a 52.8% y-o-y growth from Rs. 47.8 crores in last year.

In Rs. Crore Q4

FY2019

Q4

FY2020

Y-o-Y Growth 12M

FY2019

12M

FY2020

Y-o-Y Growth
Revenue from Operations 60.5 80.0 32.3% 249.4 333.8 33.8%
EBITDA 20.1 21.1 5.1% 70.3 88.8 26.3%
Profit After Tax 14.5 15.3 5.7% 48.8 65.5 34.2%
% PAT Margin 23.8% 18.3% 19.5% 19.3%

Corporate Comm India(CCI Newswire)