IPO-Bound Fractal Slips Into The Red In FY24

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SUMMARY

The SaaS unicorn registered a profit of INR 194.4 Cr in the fiscal year FY23 on the back of a INR 494.9 Cr gain from exception items in the previous fiscal

Enroute to IPO, Fractal turned into a public company in the fiscal year

The startup’s EBITDA for the fiscal year stood at INR 73.4 Cr as against an EBITDA loss of INR 118.3 Cr in the fiscal prior, its annual report showed

Enroute to public listing, SaaS unicorn Fractal Analytics reported a consolidated net loss of INR 54.7 Cr in the fiscal year 2023-24 (FY24) as…



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IPO-Bound Fractal Slips Into The Red In FY24


SUMMARY

The SaaS unicorn registered a profit of INR 194.4 Cr in the fiscal year FY23 on the back of a INR 494.9 Cr gain from exception items in the previous fiscal

Enroute to IPO, Fractal turned into a public company in the fiscal year

The startup’s EBITDA for the fiscal year stood at INR 73.4 Cr as against an EBITDA loss of INR 118.3 Cr in the fiscal prior, its annual report showed

Enroute to public listing, SaaS unicorn Fractal Analytics reported a consolidated net loss of INR 54.7 Cr in the fiscal year 2023-24 (FY24) as…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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