Moneyview (MONEYVIEW) Q4 23/24 earnings summary

Executive summary

• FY24 consolidated revenue was ₹1,38,924.07 lakh and profit after tax was ₹17,114.81 lakh, versus ₹67,702.14 lakh and ₹16,256.50 lakh, respectively, in FY23.

• Operations span digital loan facilitation and lending through financing partners, with two wholly owned subsidiaries; a corporate-agent licence for insurance distribution took effect March 28, 2024.

Financial highlights

• Consolidated revenue from operations was ₹1,01,201.38 lakh, interest income ₹35,139.07 lakh, and total income ₹1,38,924.07 lakh in FY24.

• Consolidated expenses were ₹1,19,093.94 lakh; PBT was ₹19,830.13 lakh, tax expense ₹2,715.32 lakh, and PAT ₹17,114.81 lakh.

• Consolidated impairment of financial assets was ₹12,152.13 lakh versus ₹3,992.99 lakh in FY23; finance costs were ₹12,727.11 lakh versus ₹2,400.04 lakh.

• Standalone revenue was ₹1,06,283.50 lakh and PAT ₹15,377.03 lakh; FY23 comparatives were ₹61,376.15 lakh and ₹16,850.46 lakh.

Segment performance

• The consolidated business is reported as one segment: loan facilitation through financing partners and unsecured personal lending; all revenue and non-current operating assets are in India.

• Whizdm Finance Private Limited reported turnover of ₹47,123.90 lakh and PAT of ₹3,882.36 lakh; Whizdm Fintech Private Limited recorded a ₹0.20 lakh loss after tax in its first reporting period.