Affle 3i (AFFLE) Q4 24/25 earnings summary

Executive summary

• Achieved 23% year-over-year revenue growth for FY2025, reaching INR 22,663 million, with EBITDA up 34.2% and PAT up 28.5%.

• Q4 FY2025 delivered record revenue, EBITDA, PAT, and CPCU conversions, with revenue up 19% year-on-year.

• Entered third decade as Affle 3i Limited, focusing on innovation, impact, and intelligence, and completed the acquisition of Affle Inc.

• Aggressive sales and new account additions drove broad-based growth across all regions, with strong gains in both India & Emerging and Developed Markets.

• Announced 10x decadal growth vision, leveraging AI-driven innovation and hyper-contextual consumer experiences.

Financial highlights

• FY2025 consolidated revenue: INR 22,663 million, up 23% year-on-year; EBITDA: INR 4,832 million, up 34.2%; PAT: INR 3,819 million, up 28.5%.

• Q4 FY2025 revenue: INR 6,023 million, up 19% year-on-year; EBITDA: INR 1,340 million, up 36.7%; PAT: INR 1,031 million, up 17.8%.

• Operating cash flow for FY2025: INR 4,260 million, up 62.4% year-on-year, with a CAGR of 42.5% since FY2021.

• Return on Equity (ROE) at 15.0% and Return on Capital Employed (ROCE) at 16.9% as of March 31, 2025.

• Cash and cash equivalents (consolidated) as of March 31, 2025, stood at INR 10,474.81 million.

Outlook and guidance

• Targeting 20%+ organic growth in FY2026 across all regions and verticals, with a midterm goal of 10x growth.

• Focusing on personalized ads, GenAI-powered creative use cases, and self-serve platforms to expand the addressable market.

• Expecting EBITDA margin to increase by a few basis points annually.

• Continued investments in technology and international expansion.