Route Mobile Q2FY22 Conference Call Highlights –

Reading Time: < 1 minute

  • 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 FY2022. 7000+ Registrations.
  • 118% Net revenue retention: Deep Customer engagement driving high recurring revenues
  • Attrition is 19% for H1 FY22.
  • Looking for acquisition in the area of contact centre as a solution.
  • Typically, 3rd quarter is the best in terms of financial performance.
  • Revenue from RCS messages (Rich Communication Services) in Q2 was still absent. In terms of value, RCS lies in between Whatsapp messages and SMS.
  • Effective tax rate going forward will be between 18% to 19%. Lower because of diversified accounts across geographies like UK, UAE, etc.
  • INR 19.6 million revenue contribution from sendclean in this quarter.
  • Looking to augment call centre capacity to 5000 within 3 years.

Also Read on FinMedium:  Concall Summary: Hero MotoCorp Q4FY20

Source link

Disclaimer: The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the FinMedium or its members. The presentation of material therein does not imply the expression of any opinion whatsoever on the part of the FinMedium concerning the legal status of any company, country, area, or territory or of its authorities. For more info. please read our ToU & Privacy Policy here. If you have any concerns regarding this post, please reach out to our grievance officer Ghanisht Nagpal and drop a mail to editor@finmedium.com

Every Wednesday and Saturday, we send Info-Graphic and FinMedium Weekly Digest newsletters to our 25000+ Subscribers.

Join Them Now!


Invest Yadnya

Invest Yadnya

Yadnya Investment Academy focuses on Investor Education, Personal Finance, Money Ideas, Mutual Funds, Stock Market, Investing, and Savings.
Please Share Now :)

Leave a Reply

Your email address will not be published. Required fields are marked *