{"id":127215,"date":"2022-02-08T06:52:34","date_gmt":"2022-02-08T11:52:34","guid":{"rendered":"https:\/\/44.250.171.167\/?p=127215"},"modified":"2022-10-05T06:12:57","modified_gmt":"2022-10-05T10:12:57","slug":"affle-india-ltd-q3-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/affle-india-ltd-q3-fy22-earnings-conference-call-insights\/","title":{"rendered":"Affle (India) Ltd Q3 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Affle India Ltd Q3 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/RVaAfpGFKgY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Affle (India) Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/AFFLE\/\">AFFLE<\/a>) Q3 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>AFFLE said that in less than two years, the team has achieved more revenue in 3Q22 than the full year revenue of FY20 reported post IPO. For the nine-months, AFFLE surpassed the previous full year\u2019s cash flow from operations by 35%.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Anmol Garg from DAM Capital asked about the reason why India business revenue increased significantly while PBT saw a drop in 3Q. Kapil Bhutani CFO said the margins for India is about the same as 2Q22. However, YoY, there was a slight differential because of the data inventory cost in the festive season, with a lot of demand and supply in question. QonQ, the margins are stable. \u00a0PBT drop was attributed to increase in the cost of HR investments.<\/li>\n<\/ul>\n<ul>\n<li>Anmol Garg from DAM Capital also asked about the Jampp contribution during 3Q22. Anuj Sohum MD answered that the Jampp\u2019s contribution on revenue was about a third. And in terms of EBITDA performance, AFFLE was able to bring Jampp up to the 7-8% EBITDA in 3Q. On the CPCU versus non-CPCU revenue contribution, AFFLE added that it\u2019s a healthy mix.<\/li>\n<\/ul>\n<ul>\n<li>Rahul Jain with Dolat Capital asked that from a TV ad spend data perspective India is the only market that continues to grow at this pace and what\u2019s AFFLE\u2019s view on the momentum. Anuj Sohum MD said that today in digital advertising as a percentage of total advertising India stands at about 25%. AFFLE believes that the advertisers have no choice but to shift at least 50% of their total budgets on digital. Therefore, there is massive runway for growth.<\/li>\n<\/ul>\n<ul>\n<li>Vikas Mistry from Moonshot Ventures asked about the amount of cash the company has and what it\u2019s going to do with it. Anuj Sohum MD said that the company believes there should not be undue stress to do something just because there is cash in the bank. AFFLE makes sure that acquisition is taken seriously.<\/li>\n<\/ul>\n<ul>\n<li>Mayank Babla of Dalal &amp; Broacha asked about free cash flow for 3Q and some color on the case study about Byju\u2019s where AFFLE did optimization for the lower final conversion metrics . Anuj Sohum MD said the cash flow for 3Q is about INR500 crores. And on the case study, the company commented that the business it is in, the focus is always to align the outcomes in terms of conversion to deliver ROI to the advertisers. AFFLE\u2019s focus is to always optimize high intent users.<\/li>\n<\/ul>\n<ul>\n<li>Pritesh Thakkar with Asian Markets Securities asked about the trend of converted users as the trend is higher than usual. Anuj Sohum MD replied that looking at trend, the historical trends are great indicator of what\u2019s to come in the future. For the last nine months, AFFLE delivered 138.7 million conversions from converted users and that\u2019s done at about INR50 CPCU rate.<\/li>\n<\/ul>\n<ul>\n<li>Pritesh Thakkar with Asian Markets Securities enquired that on the margin front, the company had some appraisal cycle in 3Q, and what\u2019s the impact from wage hike. Anuj Sohum MD said the company has some INR1.35 crore cost coming in for the ESOP in 4Q22 that has contributed to a slight increase. Secondly, AFFLE increased its manpower by about 6% and rest is in the increase in salaries.<\/li>\n<\/ul>\n<ul>\n<li>Samir Choksi of Indus asked about the connected device mix. Anuj Sohum MD answered that the company is a consumer centric consumer platform. Wherever the consumer goes, whether it\u2019s mobile, wearable devices, connected TVs or offline, AFFLE will follow and go to all those places with the consumer, whether it is the metaverse or the physical real world. Therefore, the mix numbers really doesn\u2019t matter.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Affle (India) Ltd (AFFLE) Q3 FY22 Earnings Concall Management Update: AFFLE said that in less than two years, the team has achieved more revenue in 3Q22 than the full year revenue of FY20 reported post IPO. For the nine-months, AFFLE surpassed the previous full year\u2019s cash flow from operations by 35%. Q&amp;A [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,6351,392,8],"tags":[8625,8190],"class_list":["post-127215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-consumer-stocks","category-earnings","category-technology-stocks","tag-artificial-intelligence","tag-consumer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":129569,"url":"https:\/\/alphastreet.com\/india\/affle-india-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":127215,"position":0},"title":"Affle (India) Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 17, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=qWnaaZ0dEIA Key highlights from Affle (India) Ltd (AFFLE) Q4 FY22 Earnings Concall Q&A Highlights: Rahul Jain from Dolat Capital asked about the potential for growth going forward, given the pain one might see on funding of start-up in near future. Anuj Khanna MD replied that historically AFFLE has been beating\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":172859,"url":"https:\/\/alphastreet.com\/india\/affle-3i-q2-fy26-earnings-results\/","url_meta":{"origin":127215,"position":1},"title":"Affle 3i Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 2, 2025","format":false,"excerpt":"Affle 3i Ltd, incorporated in 1994 as a global technology company with a proprietary consumer intelligence platform delivering AI-powered mobile advertising and consumer recommendations across 3.8+ billion devices, reported strong Q2FY26 results. Financial Highlights: Revenues increased 19.15% year-on-year to \u20b9647 crore from \u20b9543 crore, with record quarterly performance and CPCU\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/AF.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":136567,"url":"https:\/\/alphastreet.com\/india\/affle-india-ltd-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":127215,"position":2},"title":"Affle (India) Ltd Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"November 11, 2022","format":false,"excerpt":"Key highlights from Affle (India) Ltd (AFFLE) Q2 FY23 Earnings Concall Management Update: [00:01:49] AFFLE said it closed 2Q23 with its highest quarterly revenue run rate, highest conversions and highest EBITDA, driven by the Affle 2.0 growth strategy, tech innovations and sustainable long-term value creation. Q&A Highlights: [00:10:24] Shobit Singhal\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170538,"url":"https:\/\/alphastreet.com\/india\/affle-3i-q1-fy26-earnings-results\/","url_meta":{"origin":127215,"position":3},"title":"Affle 3i Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 25, 2025","format":false,"excerpt":"Affle 3i Ltd, incorporated in 1994, is a global technology leader with a proprietary consumer intelligence platform that transforms ads into personalized recommendations, empowering marketers to effectively identify, engage, acquire, and drive transactions with their potential and existing users. Presenting below its Q1 FY26 Earnings Results: Q1 FY26 Earnings Results\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"AFFLE Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AFFLE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178901,"url":"https:\/\/alphastreet.com\/india\/affle-3i-q3-fy26-earnings-results\/","url_meta":{"origin":127215,"position":4},"title":"Affle 3i Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 2, 2026","format":false,"excerpt":"Executive Summary Affle 3i Ltd reported Q3FY26 revenues of \u20b9717 crore, up 19.1% YoY, with consolidated net profit growing 19.0% to \u20b9119 crore. Total expenses increased 17.84% YoY to \u20b9588 crore, reflecting strong consumer intelligence platform performance across global ad markets. Revenue & Growth Revenues expanded to \u20b9717.00 crore in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/A.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141218,"url":"https:\/\/alphastreet.com\/india\/affle-india-ltd-nse-affle-q3-fy23-results-out-total-income-rises-11-yoy\/","url_meta":{"origin":127215,"position":5},"title":"AFFLE (INDIA) LTD. (NSE: AFFLE): Q3 FY23 Results Out; Total Income Rises 11% YoY","author":"Divyansh_Kasana","date":"February 13, 2023","format":false,"excerpt":"Affle (India) Ltd (NSE:AFFLE) is an internet software and services firm that recently announced its Q3FY23 results. The results showed strong growth in both revenue and profits. In Q3FY23, revenue from operations was Rs 376.1 crore, an increase of 6.1% on a quarter-on-quarter basis and 10.8% on a year-on-year basis.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=127215"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=127215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=127215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=127215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}