Affle India Q3 FY24 Result Key Highlights

  • Q3 Consolidated Revenue up 32% YoY and Net Profit up 11%
  • EBIDTA Margins 19.4% vs 21.4% YoY
  • Domestic 26.5%, International 73.5%
  • Converted Users in Q3 are 83.8m from 67.8m YoY with Average Cost Per Converted User (CPCU) Rs.57 from Rs.51 YoY

  • Developed Market – US Fintech Market is still laggard in growth, last 3-4 weak quarter of developed market may help in bringing better numbers in coming quarters as growth is coming back in developed market.
  • Confident of better 3-4 quarter going ahead as turnaround expected in Developed Markets
  • Case Study 1 – Goibibo (India)

  • Case Study 2 – Yemeksepeti (Turkey)

  • Case Study 3 – Leading FMCG Advertiser in South Africa



Affle Investor Presentation

Affle Concall Recording