The dividend yield of Affle India Ltd is at 0.
The EPS of Affle India Ltd is 4.5.
The return on equity or ROE for Affle India Ltd is about 19% (according to the trailing year up to December 2022 ).
The recent news and updates on Affle India Ltd stock include investors’ bullish attitudes towards the stock. In December 2022, Affle India Ltd had a standalone net sales of Rs. 137.27 crores. This was an increase of 23.37% YOY. In the same month, the consolidated net sales were at Rs. 376.06 crores, again up by 10.8% YOY.
Market sentiment for Affle India Ltd stock remains positive. With sound financials and growth appearing strong, this stock is seen as robust.
The company is forecasted to grow revenue and earnings by around 17% and 23%, respectively, on an annual basis. The ROE and EPS are also predicted to be on a growth trajectory.
Affle India Ltd’s business model comprises an only enterprise with an online-to-offline platform (O2O). With this model clients get ads about offline brands, prompting them to make purchases at physical stores.
According to the Affle India Ltd business model, the company offers a service to customers to buy offline brands in physical stores.
According to the numbers, Affle has got room to grow and offers a niche service to clients. With a strong business model. The future looks good for the company.
In January 2023, the almost 240% rise in the stock price of Affle made investors confident in this stock. The company’s growth prospects are smiling and investors predict this is a good stock for the long term. Investor confidence will likely be a factor to take the stock up further. Users are also increasing, and this makes Affle’s business model very popular.