Route Mobile Suspends Financial Guidance Amid Global Uncertainties
Route Mobile Limited has decided to withhold specific financial guidance for the near future, including FY 2025-2026, due to global uncertainties affecting enterprise and OTT communication spending. The company is focusing on cost optimization and integration with Proximus to realize cross-sell synergies. Despite this cautious approach, Route Mobile maintains its commitment to distribute 20% of annualized profits to shareholders. The company plans to provide more comprehensive information after its summer review.
08May 25
Route Mobile Reports Q4 Financial Results: Revenue Up, EBITDA Down
Route Mobile's Q4 financial results show a 15.54% year-over-year revenue increase to ₹11.75 billion. However, EBITDA decreased to ₹1.22 billion from ₹1.25 billion, with EBITDA margin falling to 10.38% from 12.33%. Profit Before Tax slightly decreased to ₹1.04 billion. The company reported an exceptional item of ₹247.00 million. Despite challenges in maintaining profitability metrics, the strong revenue growth indicates robust demand for Route Mobile's services.
25Apr 25
Route Mobile Sets Stage for Q4 FY25 Results and Earnings Call
Route Mobile Limited will release its Q4 and FY 2025 financial results on May 7, 2025. The board meeting will consider audited financial results and a final dividend recommendation. The company has closed its trading window from April 1 until 48 hours after results announcement. An earnings conference call is scheduled for May 8, featuring key management participants. Investors can access results on the company website and join the call via provided access numbers.
Route Mobile's subsidiary, Proximus Global, has introduced 365Guard, an AI-powered solution to combat SMS spam and fraud. The system can block millions of unwanted messages daily, addressing a global problem where scammers stole $1.03 trillion in 2024. 365Guard uses a three-stage approach: logging suspicious activity, alerting mobile network operators, and taking preventive action. It employs AI-powered analytics for dynamic threat detection, adapting to regional threats and complex AI-driven attacks. The solution complements Proximus Global's existing security portfolio, offering a comprehensive defense for both P2P and A2P communication channels.
Route Mobile's Proximus Global Forges Strategic Partnership with Nokia for Network API Development
Route Mobile's subsidiary, Proximus Global, has formed a partnership with Nokia to offer network APIs to developers. The collaboration aims to expose APIs on each other's marketplaces, bridge industry segments with the telecom ecosystem, and enable enterprises to leverage expanding API capabilities. Key objectives include API exchange, global reach expansion, and facilitating innovative enterprise solutions. The partnership will utilize Nokia's Network Exposure Platform and focus on applications such as real-time fraud prevention and network slicing for mass events.