Unacademy narrows EBITDA losses by 38% in FY25, reports Rs 826 Cr income

Share via:


Despite the year-on-year decrease in the total revenue from the last two fiscal years, edtech unicorn Unacademy has managed to reduce its EBITDA losses by 37.6% year-on-year in the fiscal year ending March 2025.

Unacademy’s total revenue decreased 16% year on year to Rs 826.3 crore in FY25, compared to Rs 988 crore in FY24,  according to the internal document reviewed by Entrackr.

unacadmy graph

Moreover, the  SoftBank-backed firm also reduced its net losses by 31% year-on-year to Rs 436 crore in FY25. For context, the SoftBank-backed firm cut its losses by 62%…



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.

Popular

More Like this

Unacademy narrows EBITDA losses by 38% in FY25, reports Rs 826 Cr income


Despite the year-on-year decrease in the total revenue from the last two fiscal years, edtech unicorn Unacademy has managed to reduce its EBITDA losses by 37.6% year-on-year in the fiscal year ending March 2025.

Unacademy’s total revenue decreased 16% year on year to Rs 826.3 crore in FY25, compared to Rs 988 crore in FY24,  according to the internal document reviewed by Entrackr.

unacadmy graph

Moreover, the  SoftBank-backed firm also reduced its net losses by 31% year-on-year to Rs 436 crore in FY25. For context, the SoftBank-backed firm cut its losses by 62%…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Finnish Startup IXI Plans New Autofocusing Eyeglasses

An anonymous reader shared this report from CNET: Finland-based...

How to upgrade your ‘incompatible’ Windows 10 PC to...

Follow ZDNET: Add us as a...

I didn’t think an AI app would replace my...

Karandeep Singh / Android AuthorityI haven’t typed a single...

Popular

iptv iptv iptv