Rategain Q2 FY23 Results Key Highlights

  • Consolidated Revenue up 47% and Net Profit is up 782% YoY
  • EBIT Margins at 14% Vs 5% YoY
  • Cash Balance Rs.434 Cr as on 30th Sep 2022
  • New Product Launch – Engage AI

  • Revenue Model – Subscription 34.8%, Hybrid 42.1%, Transaction 23.2%
  • Revenue by Geography US 56.2%, Europe 30.5%, Asia 10.2%, Other 3.1%

  • Top 10 Customers constitute 35.6% of Revenue
  • Gross Revenue Retention 90% (% of renewed revenue vs last fiscal)
  • Rategain Offerings and journey – DaaS, Distribution and Martech
  • In H1FY23 DaaS contributed 25.7%, Distribution 35% and Martech 39.3% to total revenue

  • Added 150 Net New Customer in Q2FY23, Total number reach to 2557
  • Employee cost remained flat QoQ, DaaS and Distribution business shown better growth helped in kicking in operating leverage. Margins target is to reach EBITDA margin of 20-25% by FY25

  • H2 will be stronger than H1 so similar margin of 15% can be expected.
  • Analysing some M&A opportunities present in Market.
  • Leading Airlines Air India and Akasa Air selected Rategain, So now almost all Indian Airlines are Rategain client. In last quarter Royal Orchid has also tied up with Rategain



Rategain Investor Presentation

Rategain Concall Recording