One MobiKwik Systems (MOBIKWIK) Q1 24/25 earnings summary

Executive summary

• Interim consolidated financials for the three months ended 30 June 2024 were audited for inclusion in a proposed IPO prospectus, with no comparatives presented as per regulatory requirements.

• The group operates primarily in financial and payment services, with all revenue derived from India.

Financial highlights

• Revenue from operations for the quarter was INR 3,422.67 million, split almost equally between financial services and payment services.

• EBITDA for the period was INR 22.30 million.

• Net loss for the quarter was INR 66.15 million, with basic and diluted EPS at (1.16).

• Total assets stood at INR 9,081.01 million and total equity at INR 1,586.48 million as of 30 June 2024.

• Cash and cash equivalents at period end were INR 809.04 million.

Outlook and guidance

• Management expects operational growth and improved efficiency in coming years, supporting the going concern assumption.