Affle 3i Limited (formerly Affle India Limited) has announced an employee incentive program, granting 84,212 stock options to eligible employees under its Employee Stock Option Scheme-2021 (ESOP-2021). This move aligns with the company's strategy to attract and retain talent while fostering a sense of ownership among its workforce.

Key Details of the ESOP Grant

Vesting and Exercise Details

The stock options will vest over a period of four years, with equal tranches of 25% vesting at 12-month intervals. Once vested, employees will have a one-year window to exercise their options.

Compliance and Regulatory Adherence

Affle 3i Limited has confirmed that the ESOP-2021 scheme is in compliance with the Securities and Exchange Board of India (SEBI) regulations for share-based employee benefits.

Impact on Company and Employees

The introduction of this ESOP scheme represents a move by Affle 3i Limited to:

1. Align employee interests with those of shareholders
2. Provide a long-term incentive for key personnel
3. Enhance employee retention and motivation

For employees, this presents an opportunity to benefit from the company's potential growth and share in its success.

Conclusion

Affle 3i Limited's decision to grant these stock options demonstrates its commitment to employee welfare and long-term value creation. Such initiatives may play a role in attracting and retaining talent, potentially contributing to the company's future performance.

Affle 3i Limited , a leading consumer intelligence platform company, has reported robust financial results for the second quarter, demonstrating strong growth and improved profitability.

Key Financial Highlights

Affle 3i Limited delivered a strong performance in Q2, with revenue reaching INR 6,467.00 million, marking a 19.1% year-over-year growth. The company's EBITDA saw an impressive 28.9% increase to INR 1,461.00 million, accompanied by a 172 basis points margin expansion. Profit After Tax (PAT) grew by 20.1% to INR 1,105.00 million.

Business Performance

The company's core CPCU (Cost Per Converted User) business continued to drive growth, generating 109.00 million conversions at an average rate of INR 58.00 per conversion. This resulted in CPCU revenue of INR 6,319.00 million for the quarter.

Geographical Performance

• India and Global Emerging Markets:

  • Contributed 73.9% to total revenue
  • Grew by 20.0% year-over-year

• Developed Markets:

  • Contributed 26.1% to total revenue
  • Grew by 16.8% year-over-year

Technological Advancements

Affle 3i launched Niko, an AI agent capability designed for iOS ecosystem automation. This launch, along with the previously introduced OpticksAI, enhances the company's ability to deliver ROI-driven growth advertising for marketers.

Intellectual Property

The company was granted two new US patents during the quarter, expanding its IP portfolio to 16 patents. These patents focus on:

1. Encoding user visibility count
2. Hardware and software-based user identification for advertisement fraud detection

Market Challenges and Outlook

The company noted some impact from Real Money Gaming issues in India but expects this to be offset by early festive season demand. The management remains optimistic about the company's growth trajectory, citing strong market tailwinds and a positive outlook for sustained momentum.

Conclusion

Affle 3i Limited's Q2 results demonstrate the company's ability to deliver consistent growth and improve profitability. With its focus on technological innovation and expansion in both emerging and developed markets, Affle 3i appears well-positioned to capitalize on the growing digital advertising landscape.

Investors should note that while the company faces some challenges, such as the Real Money Gaming issues in India, its diversified geographical presence and strong technological capabilities may provide a buffer against market-specific headwinds.