Q4 2024 Route Mobile Ltd Earnings Call Transcript
Key Points
- Route Mobile Ltd (BOM:543228) posted its highest quarterly revenue in Q2 and Q3 of FY '24.
- The company secured strategic deals, including a direct contract with a leading e-commerce cloud computing company across 10 countries.
- Route Mobile Ltd was ranked as a Tier 1 vendor in the A2P messaging market impact report by Rocco and received Juniper's best mobile authentication solution Platinum Partner award.
- The imminent closure of the Proximus deal is expected to bolster the company's portfolio and extend its global footprint.
- The Board of Directors proposed a final dividend of INR 2 per share following an interim payout of INR 9 per share.
- The CPaaS industry is facing headwinds, including enterprise cost optimization initiatives and shifts in communication channels.
- Route Mobile Ltd fell short of its revised guidance for FY '24.
- Mr Messaging's financial performance was adversely impacted due to geopolitical issues in Europe and industry consolidation.
- There was a soft devaluation of Naira, impacting revenue in the Nigerian market.
- EBITDA margin contracted from 13.2% in Q4 FY '23 to 11.8% in Q4 FY '24.
Good evening, ladies and gentlemen. I am Michelle, moderator for this conference. Welcome to the conference call of Route Mobile Limited arranged by Concept Investor Relations, to discuss its Q4 and FY '20 results.
We have with us today Mr. Rajdip Kumar Gupta, Managing Director and Group CEO; Mr. Gautam Badalia, Group Chief Strategy Officer and Chief Investor Relations Officer; and Mr. Suresh Jankar, Chief Financial Officer.
(Operator Instructions) Before we begin, I would like to remind you that some of the statements made in today's earnings call may be forward-looking in nature and may involve certain risks and uncertainties. Kindly refer to Slide #2 of the presentation for the disclaimer. Please note that this conference is being recorded.
I now hand the conference over to Mr. Rajdip Kumar Gupta, MD Group CEO. Thank you, and over to you, sir.
Thank you, Michelle. Good evening, everyone. I wish you all good health
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