AvenuesAI (539807) Q4 24/25 earnings summary

Executive summary

• FY25 marked a transformative year, evolving into a multi-vertical technology powerhouse in fintech, AI, and digital infrastructure, achieving record results and surpassing guidance on all key metrics including revenue, EBITDA, and PAT.

• Achieved robust growth in merchant base and international markets, with continued profitable expansion and strategic initiatives such as a rights issue, new product launches, and global expansion plans.

• Launched new products including CCAvenue Soundbox, Rediffpay, Infibeam Quantum Edge, and Phronetic.ai, and redefined brand identity to reflect the new strategic direction.

• Board approved a rights issue of up to INR 700 crore to fund strategic initiatives in AI, payments, and international expansion.

• Received unmodified audit opinion on both standalone and consolidated results.

Financial highlights

• FY25 consolidated gross revenue reached INR 39,926 million, up 27% year-over-year; net revenue was INR 5,258 million, up 25%.

• FY25 EBITDA increased 23% year-over-year to INR 3,121 million, with a 59% EBITDA margin; PAT grew 42% to INR 2,095 million, with a PAT margin of 40%.

• Q4 FY25 gross revenue was INR 11,605 million, up 62% year-over-year; PAT was INR 503 million, up 53%.

• Transaction Processing Value (TPV) for FY25 reached INR 8,670 billion, up 23% year-over-year.

• Cash and cash equivalents at year-end stood at INR 3,313 million (consolidated).

Outlook and guidance

• Exceeded FY25 guidance for gross revenue, net revenue, EBITDA, and PAT, indicating strong execution and growth momentum.

• International revenues expected to comprise 20%-25% of top line in the next couple of years, with Saudi Arabia and GCC as key growth markets; targeting 12-15% international contribution to payment net revenue by FY28, with expansion into GCC, SE Asia, USA, and Australia.

• Strategic investments planned in AI, cloud infrastructure, and data centers, with a CapEx cycle of about $100 million over three years, funded by rights issue and internal accruals.

• Focus on expanding merchant base, accelerating monetization through AI-powered platforms, and strengthening recurring revenue streams.