One Mobikwik Systems Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- One Mobikwik Systems Ltd reported a 6.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.6%.
- Its expenses for the quarter were up by 10.3% QoQ and 44.8% YoY.
- The net profit increased 1439.8% QoQ and decreased 1149.0% YoY.
- The earnings per share (EPS) of One Mobikwik Systems Ltd declined at 9.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 274.47 | 293.67 | 231.38 | -6.5% | 18.6% |
Total Expenses | 327.65 | 296.98 | 226.20 | 10.3% | 44.8% |
Profit Before Tax | -53.18 | -3.32 | 5.18 | 1501.8% | -1126.6% |
Tax | 2.10 | 0.27 | -0.09 | 677.8% | -2433.3% |
Profit After Tax | -55.28 | -3.59 | 5.27 | 1439.8% | -1149.0% |
Earnings Per Share | -9.50 | -0.60 | 0.90 | 1483.3% | -1155.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
One Mobikwik Systems Ltd is a company operating in the digital payments and financial technology sector. The company is primarily known for its mobile wallet, which allows users to make digital transactions, pay bills, and transfer money to peers. In recent years, the fintech industry has been characterized by rapid technological advancements and increasing user adoption, which influences the competitive landscape. However, specific recent developments pertaining to One Mobikwik Systems Ltd are not available from the provided data. The company's focus on providing efficient payment solutions positions it within a dynamic market that is continually evolving with changing consumer preferences and regulatory environments.
Revenue
For the quarter Q3FY25, One Mobikwik Systems Ltd reported a total income of ₹274.47 crores. This represents a decrease of 6.5% from the previous quarter, Q2FY25, where total income stood at ₹293.67 crores. However, when comparing year-over-year, there is a notable increase of 18.6% from Q3FY24, when the total income was ₹231.38 crores. These figures illustrate the fluctuations in revenue generation over the quarters, reflecting both short-term and long-term changes in the company's revenue stream. The YoY increase suggests a growth trajectory over the year, while the QoQ decline indicates a recent drop in income.
Profitability
The profitability of One Mobikwik Systems Ltd has experienced significant changes over the quarters. The company reported a loss before tax of ₹53.18 crores in Q3FY25, a substantial increase from a loss of ₹3.32 crores in Q2FY25. Comparatively, in Q3FY24, the company had a profit before tax of ₹5.18 crores. Consequently, the profit after tax for Q3FY25 is a loss of ₹55.28 crores, compared to a loss of ₹3.59 crores in Q2FY25 and a profit of ₹5.27 crores in Q3FY24. This represents a QoQ increase in losses of 1439.8% and a YoY decline of 1149.0%. Earnings per share for Q3FY25 are reported at a negative ₹9.50, contrasting with negative ₹0.60 in Q2FY25 and positive ₹0.90 in Q3FY24. The data reflects a significant downturn in profitability for the current quarter.
Operating Metrics
In terms of operating expenses, One Mobikwik Systems Ltd incurred total expenses of ₹327.65 crores in Q3FY25, marking a 10.3% increase from ₹296.98 crores in Q2FY25. When compared year-over-year with Q3FY24, where total expenses were ₹226.20 crores, there is a substantial increase of 44.8%. The tax expense for Q3FY25 is ₹2.10 crores, up from ₹0.27 crores in Q2FY25 and a negative tax expense of ₹0.09 crores in Q3FY24. These figures highlight the upward trend in operating expenses and tax liabilities over the observed periods, suggesting increased operational costs and tax obligations. The financial metrics provide insight into the company's operating environment over the quarters.
