Veefin Solutions Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	785.98	249.72	140.78	65.5	7.61
Revenue Growth (YoY)	214.74%	77.39%	114.95%	760.98%	-
Cost of Revenue	359.33	70.07	57.37	40.33	4.79
Gross Profit	426.65	179.65	83.41	25.16	2.82
Selling, General & Admin	103.11	29.61	3.78	0.9	0.06
Other Operating Expenses	75.23	41.1	23.74	13.22	1.89
Operating Expenses	229.34	80.12	29.78	15.82	2.2
Operating Income	197.3	99.53	53.63	9.34	0.63
Interest Expense	-5.36	-2.08	-0.03	-0.12	-
Interest & Investment Income	7.93	0.22	0.04	-	-
Currency Exchange Gain (Loss)	-3.73	-0.31	0.07	-0.02	-0
Other Non Operating Income (Expenses)	5.69	-0.68	-0.42	-0.07	-0
EBT Excluding Unusual Items	201.83	96.68	53.29	9.13	0.62
Gain (Loss) on Sale of Investments	3.32	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-0.02	-	-
Pretax Income	205.15	96.68	53.27	9.13	0.62
Income Tax Expense	42.56	22.75	10.5	-	-
Net Income	162.59	73.93	42.77	9.13	0.62
Net Income to Common	162.59	73.93	42.77	9.13	0.62
Net Income Growth	119.91%	72.87%	368.28%	1370.69%	-
Shares Outstanding (Basic)	23	23	18	18	12
Shares Outstanding (Diluted)	25	25	18	18	12
Shares Change (YoY)	-	34.89%	-0.15%	50.52%	-
EPS (Basic)	7.19	3.27	2.33	0.50	0.05
EPS (Diluted)	5.41	3.27	2.33	0.50	0.05
EPS Growth	65.36%	40.41%	368.50%	877.12%	-
Free Cash Flow	-898.44	-371.5	-249.01	-58.75	29
Free Cash Flow Per Share	-36.32	-15.02	-13.58	-3.20	2.38
Gross Margin	54.28%	71.94%	59.25%	38.42%	37.10%
Operating Margin	25.10%	39.86%	38.10%	14.26%	8.23%
Profit Margin	20.69%	29.61%	30.38%	13.94%	8.16%
Free Cash Flow Margin	-114.31%	-148.77%	-176.88%	-89.70%	381.28%
EBITDA	220.4	105.65	55.89	11.04	0.88
EBITDA Margin	28.04%	42.30%	39.70%	16.86%	11.50%
D&A For EBITDA	23.09	6.12	2.26	1.7	0.25
EBIT	197.3	99.53	53.63	9.34	0.63
EBIT Margin	25.10%	39.86%	38.10%	14.26%	8.23%
Effective Tax Rate	20.74%	23.53%	19.71%	-	-
Revenue as Reported	804.44	249.94	144.82	65.52	7.61
Advertising Expenses	-	-	-	-	0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.