Anuj Khanna Sohum, CMD and CEO of Affle India on Monday said that the company is expanding its geographical presence and is committed to reinvesting in future growth. Affle India has reported a 60 percent jump in revenue, a 300 basis points improvement in margin and an over 40 percent rise in the bottomline. The company is also among the outperformers post its Q3FY21 earnings. Its stock price is up 146 percent in the last one year and was up 10 percent on Friday.

“Affle is a global consumer platform focused on digital marketing transformations in global emerging markets. In the year 2020, we laid a solid foundation for Affle 2.0 plans which is reflected in our strategy, execution, and also our financials. This plan is for the decade ahead where we are committed in investing for future growth and committed to delivering reach for over 10 billion connected devices by 2030. So Affle is built to last and is investing for sustainable, predictable, cash flow positive, capital-efficient growth,” Khanna told CNBC-TV18.

He also said that the growth is coming from existing customers and markets. Khanna also believes that there will be a lot more consumption on digital platforms which is a strong tailwind for the future.

Expecting the trends for Q4 to be in-line with FY21 performance, Khanna said, “We have very solid tailwinds that we are seeing in the industry, especially from the consumer front on the way consumers are adopting mobile and connected devices across global emerging markets. Therefore the marketers and businesses are now looking at investing more in digital and going digital and transforming fundamentally for digital experiences for consumers whether they are traditional businesses or whether they are digital-first businesses. Therefore the trends for Q4 should be in-line with what we have seen throughout this financial year which is consistent growth, profitability, and cash flow positive performance.”

Watch the video for more

(Edited by : Ajay Vaishnav)