Tracxn Technologies (TRACXN) Q4 18/19 earnings summary

Executive summary

• FY2018-19 revenue from operations rose to INR 331,871,436 from INR 278,212,960; net loss narrowed to INR 216,629,732 from INR 278,719,583.

• Operations remained loss-making, with employee benefits and other operating expenses exceeding total income; no dividend was declared.

Financial highlights

• Total income was INR 343,558,079 versus INR 290,932,082 in FY2017-18; other income was INR 11,686,643 versus INR 12,719,122.

• Employee benefits expense was INR 477,936,099 versus INR 506,374,590; other operating expenses were INR 75,714,998 versus INR 57,370,390.

• Net loss was INR 216,629,732 versus INR 278,719,583; basic loss per share was INR 195.63 versus INR 251.70.

Segment performance

• Subscription services generated INR 331,871,436, representing the reported operating revenue; data processing, hosting and related activities accounted for 100% of turnover.