Veefin Solutions Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	350.07	249.72	140.78	65.5	7.61
Revenue Growth (YoY)	434.49%	77.38%	114.95%	760.98%	-
Cost of Revenue	102.85	70.07	57.37	40.33	4.79
Gross Profit	247.21	179.65	83.41	25.16	2.82
Selling, General & Admin	2.39	2.39	3.78	0.9	0.06
Other Operating Expenses	91.29	67.64	23.74	13.22	1.89
Operating Expenses	117.37	79.44	29.78	15.82	2.2
Operating Income	129.84	100.21	53.63	9.34	0.63
Interest Expense	-3.77	-2.08	-0.03	-0.12	-
Interest & Investment Income	0.22	0.22	0.04	-	-
Currency Exchange Gain (Loss)	-0.31	-0.31	0.07	-0.02	-0
Other Non Operating Income (Expenses)	-0.12	-1.36	-0.42	-0.07	-0
EBT Excluding Unusual Items	125.87	96.68	53.29	9.13	0.62
Gain (Loss) on Sale of Assets	-	-	-0.02	-	-
Pretax Income	125.87	96.68	53.27	9.13	0.62
Income Tax Expense	20.38	22.75	10.5	-	-
Earnings From Continuing Operations	105.49	73.94	42.77	9.13	0.62
Minority Interest in Earnings	-6.02	0.08	-	-	-
Net Income	99.47	74.01	42.77	9.13	0.62
Net Income to Common	99.47	74.01	42.77	9.13	0.62
Net Income Growth	989.15%	73.05%	368.28%	1370.69%	-
Shares Outstanding (Basic)	22	21	18	18	12
Shares Outstanding (Diluted)	25	22	18	18	12
Shares Change (YoY)	36.37%	22.70%	-0.15%	50.52%	-
EPS (Basic)	4.51	3.60	2.33	0.50	0.05
EPS (Diluted)	3.97	3.29	2.33	0.50	0.05
EPS Growth	698.77%	41.20%	368.50%	877.12%	-
Free Cash Flow	-2,001	-376.19	-249.01	-58.75	29
Free Cash Flow Per Share	-79.90	-16.72	-13.58	-3.20	2.38
Gross Margin	70.62%	71.94%	59.25%	38.42%	37.10%
Operating Margin	37.09%	40.13%	38.10%	14.26%	8.23%
Profit Margin	28.42%	29.64%	30.38%	13.94%	8.16%
Free Cash Flow Margin	-571.54%	-150.65%	-176.88%	-89.70%	381.28%
EBITDA	150.24	106.33	55.89	11.04	0.88
EBITDA Margin	42.92%	42.58%	39.70%	16.86%	11.50%
D&A For EBITDA	20.39	6.12	2.26	1.7	0.25
EBIT	129.84	100.21	53.63	9.34	0.63
EBIT Margin	37.09%	40.13%	38.10%	14.26%	8.23%
Effective Tax Rate	16.19%	23.53%	19.71%	-	-
Revenue as Reported	351.53	249.94	144.82	65.52	7.61
Advertising Expenses	-	-	-	-	0.06

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