Affles Q4 PAT jumps nearly two-fold!

The top industry verticals for the company continued to be high growth thereby, helping it to register a strong performance in this quarter. 

Affle is a global technology company with a proprietary consumer intelligence platform that delivers consumer recommendations and conversions through relevant mobile advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also, by reducing digital ad fraud.  

Affle reported a strong performance for Q4 FY2022 with consolidated revenue from operations of Rs 315.1 crore, an increase of 122.6 per cent YoY from revenue of Rs 141.6 crore in Q4 last year. EBITDA was at Rs 58.7 crore, an increase of 70.2 per cent YoY. PAT increased by 98.7 per cent YoY to Rs 52.7 crore from Rs 26.5 crore in Q4 last year. This growth was broad-based coming from both cost per converted user (CPCU) business and non-CPCU business across India as well as international markets.   

For 12M FY2022, consolidated revenue stood at Rs 1,081.7 crore, an increase of 109.3 per cent YoY. EBITDA was at Rs 213.5 crore, an increase of 63.8 per cent YoY. PAT increased by 77.8 per cent YoY to Rs 183.4 crore while PAT margin stood at 16.4 per cent.   

The CPCU business continued the growth momentum, delivering 5.7 crore of converted users in Q4 FY2022, an increase of 91.1 per cent YoY, taking the total converted users delivered in 12M FY2022 to 19.5 crore. The top industry verticals for the company continued to be high growth thereby, helping it to register a strong performance in this quarter.