Affle 3i (AFFLE) Q1 26/27 earnings summary

Executive summary

• Achieved 14th consecutive quarter of sequential top-line growth, with record quarterly revenue, EBITDA, PAT, and consumer conversions in Q1 FY 2027, driven by robust performance across India, emerging, and developed markets.

• Continued focus on AI-driven, outcome-led advertising solutions, with nearly all revenue from the CPCU business model.

• Demonstrated platform innovation and operational excellence, recognized by multiple industry awards and customer case studies.

• Unaudited standalone and consolidated financial results for Q1 FY 2026-27 were approved by the Board on August 8, 2026, with no material misstatements identified by independent auditors.

• Strategic acquisition of AdColony assets and ongoing M&A due diligence to accelerate expansion, especially in developed markets.

Financial highlights

• Consolidated revenue of INR 7,472 million, up 20.4% year-on-year and 3.1% sequentially; standalone revenue at INR 2,396.05 million.

• EBITDA of INR 1,676 million, up 20% year-on-year, with EBITDA margin stable at 22.4%.

• PAT at INR 1,284 million, up 21.7% year-on-year, with PAT margin at 16.6%.

• Operating cash flow for Q1 FY2027 was INR 694 million; OCF to PAT ratio at 41% for the quarter.

• Basic EPS (consolidated) for Q1 FY27 was INR 9.13, compared to INR 7.52 in Q1 FY26.

Outlook and guidance

• Confident in sustaining 20%+ organic growth, with internal targets set at 25% growth and a 10x growth plan targeting $1 billion revenue in the next few years.

• Larger M&A expected to close by early 2027, aiming for accretive, bottom-line supportive acquisitions.

• Focus remains on maximizing measurable business outcomes and democratizing media access for brands of all sizes.

• Margin expansion anticipated, especially in developed markets, as strategic initiatives and integrations mature.

• Ongoing investments and capital allocation indicate continued growth focus.