Rategain Q3 FY23 Results Key Highlights

  • Consolidated Revenue up 39.67% and Net Profit is up 1360% YoY
  • EBIT Margins at 17.6% Vs 10.7% YoY
  • Cash Balance Rs.432 Cr as on 31st Dec 2022
  • New Acquisition – Adara

  • Revenue Model – Subscription 33.7%, Hybrid 42.8%, Transaction 23.5%

  • Revenue by Geography US 55.2%, Europe 31.1%, Asia 10.6%, Other 3.1%
  • Top 10 Customers constitute 34.6% of Revenue
  • Gross Revenue Retention 90% (% of renewed revenue vs last fiscal)
  • Rategain Offerings– DaaS, Distribution and Martech
  • In 9months FY23 DaaS contributed 26.1%, Distribution 36.4% and Martech 37.5% to total revenue
  • High Base will have some impact on future growth

 

Source:

Rategain Investor Presentation

Rategain Concall Recording