May 10, 2024
Route Mobile Limited has now become a part of the Proximus Group, through a strategic acquisition by the latter.
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Route Mobile Limited has now become a part of the Proximus Group, through a strategic acquisition by the latter.
Route Mobile, leading cloud communication platform service provider announced its financial results for third quarter ended on Dec 31, 2023.
Highest ever quarterly growth of 29.2% for route mobile | Q3 FY22 Conference Call Highlights
Highest ever quarterly growth of 29.2% for route mobile | Q3 FY22 Conference Call Highlights
Revenue from operations of ₹562.8 Cr compared to ₹435. 7 Cr in Q2 FY21 corresponding to Y-o-Y growth of 46.2% and sequential growth of 29.2% in revenue.EBITDA of ₹77.2 Cr in Q3 FY21-22 corresponding to Y-o-Y growth of 73.5% and sequential growth of 25.2% in EBITDA. EBITDA margin of 13.7%, 14.2% and 11.6% in Q3 FY21-22, Q2 FY21-22 and Q3 FY20-21 respectively. EBITDA margin declined sequentially…
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Route Mobile Q2FY22 Conference Call Highlights
Route Mobile Q2FY22 Conference Call Highlights
Product line expansion – Acquired business email technologies re-branded as SendClean.Geographical expansion – Signed SPA (sales and purchase agreement) to acquire Masivian (LatAm) and InterTeleco (Kuwait). Masiv’s differentiated cloud communication platform offerings for enterprises create a springboard for growth in Latin America.RAPID – A global developer API initiative – launched in Q2…
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