| INR billions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.1 | 26.0 | 19.9 | 41.9 | 70.8 | 121.1 | +71.1% | |
| Cost of revenue | 0.2 | 1.1 | 1.9 | 5.2 | 14.0 | 89.8 | +543.8% | |
| Gross profit | 13.0 | 25.0 | 18.0 | 36.7 | 56.8 | 31.3 | −44.9% | |
| Research & development | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.5 | +11.4% | |
| Selling, general & administrative | 13.1 | 14.3 | 5.8 | 13.2 | 12.8 | 19.2 | +50.8% | |
| Selling & marketing | 12.4 | 13.4 | 5.3 | 12.2 | 12.3 | 16.0 | +30.6% | |
| Operating expenses | 35.2 | 48.0 | 23.4 | 55.4 | 73.3 | 36.2 | −50.7% | |
| Operating income | (22.2) | (23.0) | (5.4) | (20.0) | (9.7) | (3.8) | +60.4% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.5 | 0.7 | +47.8% | |
| Interest income | 0.2 | 0.3 | 0.2 | 4.0 | 5.2 | 1.5 | −72.0% | |
| Other income / expense | (4.2) | 0.0 | (2.1) | (19.9) | (38.9) | 6.7 | +117.3% | |
| Pre-tax income | (10.1) | (23.9) | (8.2) | (12.2) | (10.1) | 2.9 | +128.7% | |
| Income tax | (0.8) | (0.1) | 0.0 | 0.0 | (0.4) | (0.6) | −37.6% | |
| Net income | (9.7) | (23.7) | (8.1) | (12.1) | (9.7) | 3.5 | +136.1% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (1.23) | (5.09) | (3.45) | (1.67) | (1.20) | 0.41 | +134.2% | |
| EPS, diluted (per share) | (1.23) | (5.09) | (3.45) | (1.67) | (1.20) | 0.40 | +133.3% | |
| EBITDA | (9.6) | (22.9) | (6.7) | (10.6) | (5.3) | 8.9 | +268.1% | |
| Depreciation & amortization | 0.4 | 0.8 | 1.4 | 1.5 | 4.4 | 5.3 | +20.4% | |
| Weighted average shares (shares) | 7,845,179,676 | 4,647,520,883 | 2,354,895,900 | 7,227,673,482 | 8,101,158,888 | 8,560,975,610 | +5.7% | |
| Weighted average diluted shares (shares) | 7,845,179,676 | 4,647,520,883 | 2,354,895,900 | 7,227,673,482 | 8,101,158,888 | 8,755,246,830 | +8.1% | |
| Gross margin | 98.7% | 95.8% | 90.4% | 87.5% | 80.3% | 25.9% | −54.4 pts | |
| Operating margin | −169.1% | −88.5% | −27.0% | −47.7% | −13.6% | −3.2% | +10.5 pts | |
| Net margin | −73.5% | −90.9% | −40.8% | −28.8% | −13.7% | 2.9% | +16.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
