Affle Ltd. - Results Below Expectation Due to Seasonally Weak Quarter
In Q4FY23, Affle Ltd. reported tepid growth with revenue at Rs 356 Cr, registering a de- growth of 5.4% QoQ. Consolidated EBITDA for the quarter de...
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Affle Ltd. - Strong Execution; Broad-Based Growth
Robust device addition and strong additions in converted users. The international business vertical has improved and is likely to regain momentum.
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Affle (India) Ltd - Encouraging Expansions in Margins: Outlook Remains Healthy
Affle Ltd. (Affle) reported strong growth backed by robust device addition and healthy international business. The company's Q2FY23 revenue stood...
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Affle (India) Ltd - Robust Results Beat on All Fronts; Outlook Remains Healthy
Affle Ltd. (Affle) reported a strong growth backed by robust device addition and healthy international business. The company's Q1FY23 revenue stood...
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Affle India: Seasonally Weak Quarter; Outlook Remains Healthy
We recommend a BUY on the stock and assign a 32x P/E multiple to its FY24E earnings of Rs 35.94/share which gives a TP of Rs 1,140/share, implying...
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