Latent View Analytics Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
LatentView Analytics Reports Strong Q3FY25 Performance with 9.0% QoQ and 37.5% YoY Revenue Growth; EBITDA Margin at 22.1%
07 Feb 2025 · 7 Feb 2025, 09:46 pm
Summary
LatentView Analytics Limited, a global data analytics, consulting, and solutions firm, announced its financial results for the third quarter of FY25, ended on December 31, 2024. The company reported a 9.0% QoQ and 37.5% YoY increase in revenue, driven by momentum in consulting, GenAl projects, and new client wins. The financial services vertical witnessed a significant growth of 62% on a YoY basis during the quarter. The company also onboarded 9 new clients and secured a $3.2Mn engagement win, its highest value single contract with its largest client.
Key Highlights
- 1
9.0% QoQ and 37.5% YoY revenue growth
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Momentum in consulting and GenAl projects
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9 new client wins
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$3.2Mn engagement win
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62% YoY growth in financial services vertical
Management Comments
Rajan Sethuraman
Chief Executive Officer, LatentView Analytics
We are pleased to announce our 8th consecutive quarter of revenue growth, with 9.0% QoQ and 37.5% YoY increase. This strong performance was driven by momentum in consulting, GenAl projects, and new client wins. This quarter marked several significant milestones, including a $3.2Mn engagement win, our highest value single contract with our largest client, reinforcing our strategic partnership and client centricity. Additionally, we also onboarded 9 new clients, including 3 former clients, indicating strong business momentum and improved market sentiment. During 9MFY25, we won 10 GenAl projects, and we continue to invest in building our GenAl capabilities. Notably, our financial services vertical witnessed a significant growth of 62% ona YoY basis during the quarter. As we enter FY26, we remain committed to deepening our client relationships, leverage cutting-edge technologies and capitalize emerging opportunities to drive growth momentum.”
Rajan Venkatesan
Chief Financial Officer, LatentView Analytics
For Q3FY25, we reported a total operating revenue of %2,278 million with an adjusted EBITDA margin of 26.1%. This margin is before factoring in acquisition-related costs and non-operating forex losses (primarily associated with intra-group loans). On an adjusted basis, our EBITDA margin improved by 360bps on a QoQ basis.
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