Route Mobile Q2FY22 Conference Call Highlights
1 min read- Product line expansion – Acquired business email technologies re-branded as SendClean.
- Geographical expansion – Signed SPA (sales and purchase agreement) to acquire Masivian (LatAm) and InterTeleco (Kuwait). Masiv’s differentiated cloud communication platform offerings for enterprises create a springboard for growth in Latin America.
- RAPID – A global developer API initiative – launched in Q2 FY2022. 7000+ Registrations.
- 118% Net revenue retention: Deep Customer engagement driving high recurring revenues
- Attrition is 19% for H1 FY22.
- Looking for acquisition in the area of contact centre as a solution.
- Typically, 3rd quarter is the best in terms of financial performance.
- Revenue from RCS messages (Rich Communication Services) in Q2 was still absent. In terms of value, RCS lies in between Whatsapp messages and SMS.
- Effective tax rate going forward will be between 18% to 19%. Lower because of diversified accounts across geographies like UK, UAE, etc.
- INR 19.6 million revenue contribution from sendclean in this quarter.
- Looking to augment call centre capacity to 5000 within 3 years.