Vertoz Limited (NSE: VERTOZ), an AI-powered MadTech and CloudTech platform, is pleased to announce its unaudited financial performance for the second quarter and half year ended September 30th, 2024.
Key Consolidated Financials:
| Particulars (Rs. Cr.) | Q2 FY25 | Q2 FY24 | YoY% | H1 FY25 | H1 FY24 | YoY% |
|---|---|---|---|---|---|---|
| Revenue | 63.65 | 37.66 | 69.0% | 123.82 | 71.57 | 73.0% |
| EBITDA | 6.83 | 6.60 | 3.5% | 15.77 | 10.53 | 49.8% |
| EBITDA Margin (%) | 10.73% | 17.54% | 12.73% | 14.71% | ||
| PAT | 6.57 | 5.13 | 28.0% | 12.31 | 8.67 | 41.9% |
| PAT Margin (%) | 10.32% | 13.63% | 9.94% | 12.12% |
Q2 FY2025 Highlights (y-o-y):
- Revenue for the quarter was Rs. 63.65 crore in Q2 FY25, as compared to Rs. 37.66 crore in Q2 FY24, registering a growth of 69%.
- EBITDA stood at Rs. 6.83 crore in Q2 FY25, as compared to Rs. 6.60 crore in Q2 FY24, growing by 3.5%.
- PAT stands at Rs. 6.57 crore in Q2 FY25, vis-à-vis Rs. 5.13 crore in Q2 FY24, up by 28%.
H1 FY2025 Highlights (y-o-y):
- Revenue for the half year was Rs. 123.82 crore in H1 FY25, as compared to Rs. 71.57 crore in H1 FY24, registering a growth of 73%.
- EBITDA stood at Rs. 15.77 crore in H1 FY25, as compared to Rs. 10.53 crore in H1 FY24, growing by 49.8%.
- PAT stands at Rs. 12.31 crore in H1 FY25, vis-à-vis Rs. 8.67 crore in H1 FY24, up by 42%.
Management Comments:
Commenting on the performance, Ashish Shah, Promoter & Director of Vertoz Ltd. said:
“I am pleased to report that we have closed H1FY25 on a positive note, with the Company performing in line with expectations. Despite macroeconomic headwinds across global economies, Vertoz has continued its growth trajectory.
In H1FY25, our revenue increased by 73% year-on-year to Rs. 124 crores, reflecting robust growth in our business. During H1FY25, our EBITDA grew 50% year-on-year to Rs. 16 crores, while our PAT increased 42% year-on-year to Rs. 12 crores. This performance was primarily driven by new client additions and strategic initiatives that strengthened our capabilities and broadened our offerings.
Overall, we have entered the second half of the fiscal year on a strong footing. I would like to extend my heartfelt gratitude to all our shareholders, employees, and partners for their unwavering support and commitment. Together, I am confident that we will achieve even greater success and innovation.”
Company Overview
Vertoz is an AI-powered MadTech and CloudTech platform, offering Digital Advertising, Media and Monetization (MadTech), and Digital Identity and Cloud Infrastructure (CloudTech) catering to Businesses, Digital Marketers, Advertising Agencies, Digital Publishers, Cloud Providers, and Technology companies.
For more details please visit: https://www.vertoz.com/
| Vertoz Limited | |
|---|---|
| Mr. Badal Chauhan Head- Strategy & IR badal.chauhan@vertoz.com |
Ms. Richa Chikara Lead Corporate Communication richa.chikara@vertoz.com |
Note: Certain statements in this document may be forward-looking statements. Such forwardlooking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward looking statements to reflect subsequent events or circumstances.
