Mumbai : Vertoz Limited (NSE: VERTOZ), a leading AI-driven MadTech and CloudTech platform, has declared its financial results for the third quarter and nine months ended December 31, 2024.
Key Consolidated Financials:
| Particulars (Rs. Cr.) | Q3 FY25 | Q3 FY24 | YoY% | 9M FY25 | 9M FY24 | YoY% |
| Revenue from operations | 66.20 | 55.23 | 19.86 | 190.02 | 126.80 | 49.86 |
| EBIDTA | 8.28 | 6.05 | 36.86 | 24.04 | 16.57 | 45.08 |
| EBITDA Margin (%) | 12.51% | 10.95% | 137 basis points | 12.65% | 13.07% | – |
| PAT | 7.35 | 4.51 | 62.97% | 19.64 | 13.18 | 49.01% |
| PAT Margin (%) | 11.10% | 8.17% | 295 basis points | 10.34% | 10.39% | – |
Performance Highlights for the third quarter ended December 31, 2024:
- Revenue for the quarter was Rs. 66.20 crore in Q3 FY25, compared to Rs. 55.23 crore in Q3 FY24, registering a growth of 19.86%.
- EBITDA stood at Rs. 8.28 crore in Q3 FY25, as compared to Rs. 6.05 crore in Q3 FY24, growing by 36.86%.
- PAT stood at Rs. 7.35 crore in Q3 FY25, compared to Rs. 4.51 crore in Q3 FY24, up by 62.97%.
Performance Highlights for the nine months ended December 31, 2024:
- Revenue for the nine months was Rs. 190.02 crore in 9M FY25, compared to Rs. 126.80 crore in 9M FY24, registering a growth of 49.86%.
- EBITDA stood at Rs. 24.04 crore in 9M FY25, compared to Rs. 16.57 crore in 9M FY24, growing by 45.08%.
- PAT stood at Rs. 19.64 crore in 9M FY25, compared to Rs. 13.18 crore in 9M FY24, up by 49.01%.
- Revenue from MadTech and CloudTech segments contributed ~80% and ~20%, respectively.
- ~80% of business comes from international markets, while ~20% is domestic.
- Expanded geographical presence with a new branch in Pune.
- Projected revenue growth of ~30% for FY25 and FY26.
- Revenues of the company have been growing at 27% and profit at 17% for the last five years.
- During the quarter the company had run campaigns for all leading media agencies and corporates.
- The campaigns were predominantly catering to BFSI, Real estate, Hotels and other hospitality services.
Management Comments:
Commenting on the performance, Mr. Ashish Shah, Chief Executive Officer of Vertoz Limited, said:
“We are delighted to declare strong growth rates during the quarter. Significant growth has been observed and projected in both domestic and international markets.
We are in advanced talks to acquire a company operating in North American markets, a region of significant global economic activity. This market comprises over 22 million small and medium-sized enterprises, each spending an average of over $24,000 annually on related services, representing $80 billion opportunity for us.”
Company Overview
Vertoz is a cutting-edge AI-powered platform specializing in MadTech (Digital Advertising, Media, and Monetization) and CloudTech (Digital Identity and Cloud Infrastructure). Our innovative solutions are designed to empower businesses, digital marketers, advertising agencies, publishers, cloud providers, and technology companies to thrive in the digital era.
