Vertoz makes strong start to Q1 FY25: Revenue and EBITDA at historic highs, PAT records 61.94% growth

Vertoz Limited (NSE: VERTOZ), an AI-powered MadTech and CloudTech platform, has had an exceptional start to FY2025. The company has set new records for revenue and EBITDA, while its profit after tax (PAT) has grown significantly. These results reflect Vertoz’s commitment to innovation and strategic growth, demonstrating the company’s strength in the digital advertising and cloud technology sectors.

Highlights for the first quarter of fiscal year 25 include:

• Revenue stood at Rs 60.17 crore, marking a year-on-year growth of 77.40%.
• EBITDA (excluding other income) increased to Rs 8.94 crore, showing a year-on-year growth of 127.85%.
• PAT rose to Rs 5.74 crore, with a year-on-year growth of 61.94%.

*EBITDA excluding other income

Performance Highlights:

The financial results for the first quarter of fiscal year 2025 highlight Vertoz’s strong performance across all key metrics. As illustrated in the charts below, the company has achieved significant growth in revenue, EBITDA and PAT compared to the previous year. This success is a testament to Vertoz’s strategic focus on expanding its market presence and improving operational efficiency.

Latest key developments:

In the first quarter of fiscal year 25, Vertoz Not only did it achieve impressive financial results, but it also made strategic advances that consolidated its leadership in the digital marketing and advertising space.

• Vertoz ran an innovative influencer campaign for Himalaya’s Turmeric facial care range, reaching an impressive audience of 134 million in just 60 days, averaging around 2 million per day.
• A highly successful coupon campaign on Zomato for Happilo, a leading healthy food brand, resulted in over 100,000 coupon redemptions.
• Vertoz’s IncrementX division has partnered with Loop Media to enhance advertising monetization across Connected TV (CTV) and Digital Out-of-Home (DOOH). This synergy creates a powerful platform for advertisers, enabling highly targeted advertising opportunities to maximize impact.

On this, Hirenkumar Shah, Promoter and Managing Director, Vertoz Ltd “We are excited to report exceptional growth for Vertoz in the first quarter of FY2025. Vertoz has seen exceptional growth with revenues skyrocketing to Rs 60.17 crore, up 77.40% YoY. This incredible performance cuts across all our business areas. We have had some exciting milestones such as our successful Himalaya influencer campaign and Happilo coupon campaign on Zomato. These efforts have boosted our market presence and efficiency. Vertoz is grateful to its dedicated team and shareholders for their support and trust in its vision. We are committed to delivering sustained value and driving further growth.”

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Ashish Shah, Promoter and Director, Vertoz Ltd, adds: “Vertoz has started Q1FY25 on a strong start, achieving milestones in innovation and growth. The company’s IncrementX division has partnered with Loop Media to enhance monetization opportunities across connected TV and digital out-of-home advertising. This partnership combines IncrementX’s advanced monetization technology with Loop Media’s extensive network of retail locations. The EBITDA margin for Q1FY25 stands impressively at 14.85%, up 329 basis points from the previous quarter. Additionally, we are pleased to announce that our profit after tax for Q1FY25 soared to Rs 5.74 crore, a remarkable 61.94% YoY increase.” Vertoz is an AI-powered MadTech and CloudTech platform offering digital advertising, marketing, media and monetization (MadTech), digital identity and cloud infrastructure (CloudTech) targeting enterprises, digital marketers, advertising agencies, digital publishers, cloud providers and technology companies.

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Note: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, such as regulatory changes, local political or economic developments and many other factors that could cause our actual results to differ materially from those contemplated in the relevant forward-looking statements. In addition, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, readers are cautioned not to place undue reliance on these forward-looking statements. The Company shall not be liable in any manner for any action taken in reliance on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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