Vertoz Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Vertoz Ltd reported a 1.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.5%.
- Its expenses for the quarter were down by 0.2% QoQ and up 18.3% YoY.
- The net profit increased 11.9% QoQ and increased 63.0% YoY.
- The earnings per share (EPS) of Vertoz Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 67.80 | 67.04 | 55.33 | 1.1% | 22.5% |
Total Expenses | 59.83 | 59.95 | 50.57 | -0.2% | 18.3% |
Profit Before Tax | 7.97 | 7.08 | 4.76 | 12.6% | 67.4% |
Tax | 0.62 | 0.51 | 0.25 | 21.6% | 148.0% |
Profit After Tax | 7.35 | 6.57 | 4.51 | 11.9% | 63.0% |
Earnings Per Share | 0.10 | 0.10 | 2.80 | 0.0% | -96.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vertoz Ltd is a company that operates within the digital advertising industry, providing programmatic advertising solutions. These solutions typically involve using automated technology to purchase advertising space in real-time, which targets specific audiences with relevant advertisements. Vertoz's services are designed to enhance the efficiency and effectiveness of digital marketing campaigns, offering a range of products that may include demand-side platforms (DSPs), supply-side platforms (SSPs), ad exchanges, and data management platforms (DMPs). As of now, no specific recent major developments about the company are available.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Vertoz Ltd reported a total income of ₹67.80 crores, marking a quarter-over-quarter (QoQ) increase of 1.1% from ₹67.04 crores in the previous quarter (Q2FY25). On a year-over-year (YoY) basis, the company's total income rose by 22.5% from ₹55.33 crores in the third quarter of the fiscal year 2024 (Q3FY24). This increase indicates growth in the company's revenue stream over both the quarterly and annual periods. The financial data suggests that Vertoz has been successful in expanding its revenue base over the past year.
Profitability
The company's profit before tax (PBT) for Q3FY25 was reported at ₹7.97 crores, representing a QoQ growth of 12.6% from ₹7.08 crores in Q2FY25, and a YoY increase of 67.4% from ₹4.76 crores in Q3FY24. The profit after tax (PAT) for the current quarter was ₹7.35 crores, which increased by 11.9% QoQ from ₹6.57 crores and by 63.0% YoY from ₹4.51 crores. The tax expense for Q3FY25 was ₹0.62 crores, reflecting a 21.6% QoQ rise from ₹0.51 crores and a substantial YoY increase of 148.0% from ₹0.25 crores. Despite the rise in tax expenses, Vertoz Ltd has managed to achieve significant profitability growth. The earnings per share (EPS) remained constant at ₹0.10 on a QoQ basis but showed a drastic YoY decline of 96.4% from ₹2.80, which is noteworthy in terms of shareholder returns.
Operating Metrics
Total expenses for Q3FY25 amounted to ₹59.83 crores, showing a slight decrease of 0.2% QoQ from ₹59.95 crores in Q2FY25, while experiencing an 18.3% increase YoY from ₹50.57 crores in Q3FY24. This indicates a controlled cost structure over the quarter while expanding operational expenses over the year. The consistent management of expenses has positively impacted the profitability margins, as evidenced by the rising profit figures. The stability in the company's earnings per share, despite the considerable yearly decline, suggests a focus on maintaining shareholder value through strategic financial management.
