Key Highlights

• MobiKwik Reports Flat Q4 FY25 Revenue at Rs. 268 Crore, Despite 33.9 percent Full-Year Growth to Rs. 1,192 Crore
• MobiKwik Adds 4.4M Merchants, GMV Surges 2.3X to Rs. 331 Billion Amid Rising Payment Gateway Costs
• MobiKwik Ends FY25 with ₹121.5 Cr Net Loss; Market Cap Stands at Rs. 2,126 Crore Post Strong IPO Debut

The fintech platform MobiKwik released its quarterly results for the fourth quarter of the previous fiscal year (Q4 FY25), which showed no growth over the previous year.

According to MobiKwik's consolidated financial documents obtained from the National Stock Exchange (NSE), the company's operating revenue climbed from Rs. 265 crore in Q4 FY24 to Rs. 268 crore in Q4 FY25.

In contrast, Mobikwik's full-year earnings increased 33.9 percent to Rs. 1,192 crore in FY25 from Rs. 890 crore in FY24.

In Q4 FY25, MobiKwik's main revenue streams were commissions from recharges, processing, and interest on loan servicing, payment gateways, and technological platforms. In its quarterly report, the business did not, however, break down its revenue.

The press statement claims that 4.4 million new merchants have joined MobiKwik, bringing the total number of registered users to 176.5 million. Additionally, the company's GMV payment increased by 2.3X to Rs. 331 billion over the previous year.

Payment gateway expenses accounted for 45% of the total cost, which was Rs. 147 crore in Q4 FY25, making them the largest cost center. Lending fees and employee benefits were estimated to have cost Rs. 41 crore and Rs. 43 crore, respectively.

In Q4FY25, Mobikwik ultimately reported a net loss of Rs. 56 crore, down from Rs. 60 lakhs in the same period of the previous fiscal year. At Rs. 121.5 crore, its bottom line was negative for the entire fiscal year.

Last December 24, Mobikwik debuted on the stock exchange, showcasing an outstanding 59 percent premium over its issue price on the first day of trading. As of 10:37 AM, the company's market capitalization is Rs. 2,126 crore, or roughly $250 million, and its current price is Rs. 273.7.

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