Mobavenue AI Tech LtdInformation TechnologyMOBAVENUE
Q1 FY27 earnings callMobavenue AI Tech Ltd
Mobavenue delivered strong profitable growth with a focus on scaling its AI-native ecosystem and expanding globally.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Revenue from Operations | Rs.728 million | 56.9% | |
| EBITDA | Rs.154 million | 77% | |
| EBITDA Margin | 21.2% | 240 basis points | |
| Profit After Tax | INR 117 million | 95% | |
| PAT Margin | 16.1% | 320 basis points | |
| Verified Outcomes Delivered | 14.16 million | — | |
| Revenue per Outcome | Rs. 49.94 | — |
TL;DR
- Revenue grew 56.9% YoY and 16.3% QoQ to Rs 728 million.
- EBITDA margin expanded 240 bps to 21.2%, PAT grew 95% YoY.
- Launched the unified Mobavenue Neural Engine and expanded into the US and Apple ecosystem.
- International revenue contributed 20.7%, direct clients contributed 65.2%.
- Management aims for sustained 'Rule of 50' (30%+ revenue growth + 20%+ EBITDA margins).
Said on the call
“Our focus for the rest of the year is simple – “Scale, Profitability and Innovation”.”
From the Q&A
| Topic | What management said |
|---|---|
| Direct vs. Agency Revenue Mix | Direct client contribution declined to 65.2% due to initial international expansion via agency/reseller models, with a long-term goal to return to more direct relationships. |
| Competitive Moat and AI | Management cites owning the full technology stack and a closed-loop, outcome-based commercial model as key differentiators and a moat against competitors. |
| Growth Sustainability and Drivers | Management targets the 'Rule of 50' (30%+ revenue growth, 20%+ EBITDA margin) long-term, with growth driven by global expansion and premium inventory like CTV and Apple ecosystem. |
| New Product (PiiX) Traction | PiiX (Apple ads platform) is very new with negligible current revenue; initial customer signs are positive and management is planning a 1000-day scaling journey. |
| Customer Concentration and Sectors | Top 5 sectors (FinTech, Quick Commerce, BFSI, Commerce, Retail, Travel) contribute 70-80% of revenue, with efforts to diversify into online services, consumer goods, gaming, and entertainment. |
| Capital Allocation and Risks | Raised capital is prioritized for strategic acquisitions, technology, and international expansion. Key risks identified are regulatory changes, currency risk, and AI disruption, which the company aims to mitigate. |
Guidance
- Long-term philosophy is the Rule of 50: sustained annual revenue growth above 30% together with EBITDA margins of 20% or higher.
- International revenue share expected to build gradually as US, UK, and ASEAN operations scale.
- Priorities: deepen enterprise penetration in India, scale globally via asset-light model, and enhance AI/product roadmap.
- Target to evolve into a global AI-native operating system for advertising and consumer growth by 2030.
Source
Summary written from the transcript filed by Mobavenue AI Tech Ltd for the call held on 19 Aug 2026; published 19 Aug 2026, 09:57 IST.