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Route Mobile Q2 FY22 Conference Call Highlights

Route Mobile Q2 FY22 Conference Call Highlights

Published on 19 October 2021 Views 38 Comments 0
  • 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.

Originally Published On: https://blog.investyadnya.in/route-mobilr-q2fy22-conference-call-highlights/
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