Affle 3i (AFFLE) Q3 24/25 earnings summary

Executive summary

• Achieved record quarterly consolidated revenue of INR 6,017 million and PAT of INR 1,002 million in Q3 FY25, with over 100 million CPCU conversions at the highest CPCU rate to date.

• Delivered 20.6% year-on-year revenue growth and 30.5% PAT growth for Q3; nine-month revenue up 24.5% and PAT up 32.9% year-on-year.

• Maintained a leading position in India and global emerging markets, with 73.6% of Q3 revenue from these regions and developed markets contributing 26.4%.

• Continued focus on technology innovation, AI/ML, and data privacy, with a robust patent portfolio and multiple industry recognitions.

• Board approved unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2024, reviewed by independent auditors.

Financial highlights

• Q3 FY25 consolidated revenue: INR 6,017 million, up 20.6% year-on-year and 10.8% quarter-on-quarter; Q3 PAT: INR 1,002 million, up 30.5% year-on-year.

• Q3 FY25 EBITDA: INR 1,314 million, up 35.9% year-on-year; EBITDA margin expanded to 21.8%.

• Operating cash flow for nine months: INR 2,837 million; 9M FY25 revenue: INR 16,641 million; 9M PAT: INR 2,788 million.

• Standalone Q3 revenue: INR 1,876 million; standalone Q3 net profit: INR 291.95 million.

• Inventory and data cost reduced to 30.3% of revenue from 61.1% sequentially.

Outlook and guidance

• Confident of sustaining 20%+ growth in FY25 and beyond, with continued focus on profitability, operational efficiency, and verticalized strategies.

• Medium-term EBITDA margin target around 23%, PAT margin 17–18%; long-term tax rate expected to remain around 19%.

• Management highlights organic and inorganic growth leveraging technology and data platforms.