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Revenue from operations came in at ₹519.5 crore, up 27.8% from ₹406.6 crore in Q1FY24.
The company in a statement said its growth was anchored on the CPCU (cost per converted user) business model and “disciplined focus on higher profitability with operating margin expansion on a y-o-y basis”.
“The CPCU business noted strong momentum delivering 9.1 crore converted users in Q1 FY2025, and the CPCU Revenue stood at ₹517.7 crore, an increase of 37% year-on-year,” the statement said.
Sequentially, net profit declined 1.02%, while revenue was 2.62% higher.
EBITDA (Earning Before Interest Tax Depreciation and Amortisation) stood at ₹104.7 crore in the quarter, up 34% year-on-year.
Affle MD and CEO Anuj Khanna Sohum said the quarter has recorded the company’s highest quarterly revenue run-rate, highest EBITDA and consumer conversions till date.
“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,” he said.
Affle is optimistic of the industry trends and is well-positioned to maintain its strong growth momentum, he added.
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