A Funded Enterprise Tech Startup Based Out Of Los Altos
Secure MessagingHigh Funtioning Areas
Avaamo is a company based in Los Altos, California, United States, operating in the enterprise tech sector. Founded in 2014, it now employs 138 individuals. The company was established by Ram Menon, S...
Avaamo Financial Highlights
Financial highlights of Avaamo and a snapshot of its key metrics.
Total Revenue
20%
Prev FY
₹26.4 Cr
Total Expenses
23%
Prev FY
₹22.3 Cr
Profit After Tax
3%
Prev FY
₹3.0 Cr
Total Assets
24%
Prev FY
₹15.2 Cr
Net Profit Margin
-15%
Prev FY
0.1%
Note: Above mentioned stats are for FY 2022-2023
Avaamo Profit and loss Highlights
Profit and loss highlights of Avaamo and a snapshot of its key metrics.
Total Revenue
20%
Prev FY
₹26.4 Cr
Total Expenses
23%
Prev FY
₹22.3 Cr
Profit Before Tax
3%
Prev FY
₹4.2 Cr
Total Tax Expense
4%
Prev FY
₹1.1 Cr
Profit After Tax
3%
Prev FY
₹3.0 Cr
Note: Above mentioned stats are for FY 2022-2023
Over Years
Avaamo Profit & loss statement
Financial Year
Trend
2021
2022
2023
Revenue from Operations (₹)
16.6 Cr
22.0 Cr
26.4 Cr
Other Income (₹)
0.0
1.0 Lakh
0.0
Total Revenue (₹)
16.6 Cr
22.0 Cr
26.4 Cr
EXPENSES
Cost of Materials Consumed (₹)
0.0
0.0
0.0
Purchases of Stock in Trade (₹)
0.0
0.0
0.0
Changes in Inventory (₹)
0.0
0.0
0.0
Employee Benefit Expenses (₹)
10.0 Cr
15.5 Cr
19.4 Cr
Finance Costs (₹)
0.0
0.0
0.0
Depreciation and Amortization (₹)
24.0 Lakh
38.0 Lakh
38.0 Lakh
Other Expenses (₹)
1.0 Cr
2.1 Cr
2.5 Cr
Total Expenses (₹)
11.2 Cr
18.0 Cr
22.3 Cr
Total Revenue Less Total Expenses (₹)
5.4 Cr
4.0 Cr
4.2 Cr
Prior Period and Exceptional Items (₹)
0.0
0.0
0.0
Profit Before Tax (₹)
5.4 Cr
4.0 Cr
4.2 Cr
TAX EXPENSES
Current Tax Expense (₹)
1.4 Cr
1.1 Cr
1.1 Cr
Deferred Tax Expense (₹)
-4.0 Lakh
-5.0 Lakh
1.0 Lakh
Total Tax Expense (₹)
1.4 Cr
1.1 Cr
1.1 Cr
Net Movement in Regulatory Deferral Account Balances (₹)
0.0
0.0
0.0
Profit from Continuing Operations (₹)
4.1 Cr
3.0 Cr
3.0 Cr
Profit from Discontinuing Operations After Tax (₹)
0.0
0.0
0.0
Net Profit/Loss After Tax (₹)
4.1 Cr
3.0 Cr
3.0 Cr
Other Comprehensive Income (₹)
0.0
0.0
0.0
Total Comprehensive Income (₹)
0.0
0.0
0.0
Profit Before Extraordinary Items (₹)
5.4 Cr
4.0 Cr
4.2 Cr
Extraordinary Items (₹)
0.0
0.0
0.0
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Avaamo generated a total revenue of ₹22.3 Cr and incurred expenses of ₹22.3 Cr, resulting in a profit before tax of ₹4.2 Cr for FY 2022-2023. After a total tax expense of ₹1.1 Cr, the profit after tax stood at ₹3.0 Cr.
Avaamo Balance Sheet Highlights
Balance Sheet highlights of Avaamo and a snapshot of its key metrics.
Equity Share Capital
₹1.0 Lakh
Non Current Liability
-35%
Prev FY
₹21.0 Lakh
Current Liability
4%
Prev FY
₹76.0 Lakh
Total Liability
-8%
Prev FY
₹97.0 Lakh
Non Current Assets
0%
Prev FY
₹1.0 Cr
Current Assets
26%
Prev FY
₹14.1 Cr
Note: Above mentioned stats are for FY 2022-2023
Over Years
Avaamo Balance Sheet Table
Financial Year
Trend
2021
2022
2023
EQUITY & LIABILITIES
Equity Share Capital (₹)
1.0 Lakh
1.0 Lakh
1.0 Lakh
Reserves & Surplus (₹)
8.2 Cr
11.2 Cr
14.2 Cr
Money Received Against Share Warrants (₹)
0.0
0.0
0.0
Money Pending Allotment (₹)
0.0
0.0
0.0
Other Equity (₹)
0.0
0.0
0.0
NON-CURRENT LIABILITIES
FINANCIAL LIABILITIES
Borrowings (₹)
0.0
0.0
0.0
Trade Payables (₹)
0.0
0.0
0.0
Other Financial Liabilities (₹)
0.0
0.0
0.0
Provisions (₹)
49.0 Lakh
32.0 Lakh
21.0 Lakh
Deferred Tax Liabilities (Net) (₹)
0.0
0.0
0.0
Other Liabilities (₹)
0.0
0.0
0.0
Total Non-current Liabilities (₹)
49.0 Lakh
32.0 Lakh
21.0 Lakh
CURRENT LIABILITIES
FINANCIAL LIABILITIES
Borrowings (₹)
0.0
0.0
0.0
Trade Payables (₹)
43.0 Lakh
0.0
0.0
Other Financial Liabilities (₹)
0.0
0.0
0.0
Provisions (₹)
0.0
0.0
8.0 Lakh
Current Tax Liabilities (Net) (₹)
0.0
0.0
0.0
Other Liabilities (₹)
52.0 Lakh
73.0 Lakh
68.0 Lakh
Total Current Liabilities (₹)
95.0 Lakh
73.0 Lakh
76.0 Lakh
Liabilities Associated with Assets in Disposal Group (₹)
0.0
0.0
0.0
Regulatory Deferral Account Credit Balances (₹)
0.0
0.0
0.0
Total Equity and Liabilities (₹)
9.7 Cr
12.2 Cr
15.2 Cr
ASSETS
NON-CURRENT ASSETS
Property Plant and Equipment (₹)
0.0
0.0
0.0
Capital Work in Progress (₹)
0.0
0.0
0.0
Investment Property (₹)
0.0
0.0
0.0
Goodwill (₹)
0.0
0.0
0.0
Intangible Assets (₹)
0.0
0.0
0.0
Intangible Assets under Development (₹)
0.0
0.0
0.0
FINANCIAL ASSETS
Investments (₹)
0.0
0.0
0.0
Trade Receivables (₹)
0.0
0.0
0.0
Loans (₹)
28.0 Lakh
28.0 Lakh
0.0
Other Financial Assets (₹)
0.0
0.0
28.0 Lakh
Deferred Tax Assets (Net) (₹)
16.0 Lakh
20.0 Lakh
19.0 Lakh
Other Assets (₹)
0.0
0.0
0.0
Tangible Assets (₹)
44.0 Lakh
55.0 Lakh
57.0 Lakh
Total Non-current Assets (₹)
88.0 Lakh
1.0 Cr
1.0 Cr
CURRENT ASSETS
Inventories (₹)
0.0
0.0
0.0
FINANCIAL ASSETS
Investments (₹)
0.0
0.0
0.0
Trade Receivables (₹)
7.1 Cr
8.8 Cr
11.0 Cr
Cash and Cash Equivalents (₹)
1.4 Cr
2.0 Cr
2.6 Cr
Other Bank Balances with Banks (₹)
0.0
0.0
0.0
Loans (₹)
18.0 Lakh
38.0 Lakh
57.0 Lakh
Other Financial Assets (₹)
0.0
0.0
0.0
Current Tax Assets (₹)
0.0
0.0
0.0
Other Assets (₹)
0.0
0.0
0.0
Total Current Assets (₹)
8.8 Cr
11.2 Cr
14.1 Cr
NON-CURRENT ASSETS HELD FOR SALE (₹)
0.0
0.0
0.0
REGULATORY DEFERRAL ACCOUNT DEBIT BALANCES (₹)
0.0
0.0
0.0
TOTAL ASSETS (₹)
9.7 Cr
12.2 Cr
15.2 Cr
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As of FY 2022-2023, Avaamo has an equity share capital of ₹1.0 Lakh, total assets amounting to ₹15.2 Cr, and total liabilities of ₹97.0 Lakh.
Avaamo Financial Ratio Highlights
Financial Ratio highlights of Avaamo and a snapshot of its key metrics.
Earning Per Share
-20%
Prev FY
₹0.2
Net Profit Margin
-15%
Prev FY
0.1%
Return on Assets
0%
Prev FY
₹5.4
Debt/Equity
-29%
Prev FY
0.1
Current Ratio
22%
Prev FY
18.8
Note: Above mentioned stats are for FY 2022-2023
Avaamo Financial Ratios Table
Financial Year
Trend
2021
2022
2023
Total Debt/Equity Ratio (X)
0.1
0.1
0.1
Total Debt/Total Assets Ratio (X)
0.1
0.1
0.0
Total Assets/Equity Ratio (X)
1.2
1.1
1.1
Net Debt/Equity Ratio (X)
0.0
0.0
0.0
Quick Ratio (X)
9.0
14.9
18.0
Current Ratio (X)
9.2
15.4
18.8
Interest Coverage Ratio (X)
0.0
0.0
0.0
Gross Margin (%)
1.0
1.0
1.0
Net Margin (%)
0.2
0.1
0.1
EBITDA Margin (%)
0.3
0.2
0.2
Return on Fixed Assets (₹)
9.3
5.3
5.4
Return on Equity (X)
0.5
0.3
0.2
Return on Capital Employed (X)
0.5
0.3
0.2
Fixed Asset Turnover (₹)
37.9
39.8
46.7
Days Receivables Outstanding
156.0
145.0
151.0
Days Payables Outstanding
0.0
0.0
0.0
Days of Inventory
0.0
0.0
0.0
Enterprise Value (₹)
0.0
0.0
0.0
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In FY 2022-2023, Avaamo achieved a net profit margin of 0.12, earnings per share of ₹0.21, a debt/equity ratio of 0.05, and a current ratio of 18.80.
FAQs on Avaamo
What were Avaamo's total revenue and profit for the latest financial year?
For FY 2022-2023, Avaamo reported a total revenue of ₹26.4 Cr and a profit after tax of ₹3.0 Cr, showcasing its financial performance and profitability.
How does the balance sheet of Avaamo reflect its financial stability?
As of FY 2022-2023, Avaamo has total assets of ₹15.2 Cr, total liabilities of ₹97.0 Lakh, and equity share capital of ₹1.0 Lakh, indicating its financial health and stability.
What insights can be gained from Avaamo's cash flow management?
In FY 2022-2023, Avaamo maintained a cash balance of ₹0.0, with cashflows from operations at ₹0.0, investing activities at ₹0.0, and financing activities at ₹0.0, reflecting its cash management strategies.
What do the key financial ratios of Avaamo indicate?
For FY 2022-2023,Avaamo achieved a net profit margin of 0.12%, earning per share of ₹0.2, and a debt/equity ratio of 0.1, and a current ratio of 18.8, offering insights into its profitability, leverage, and liquidity.
How has Avaamo's financial performance evolved compared to previous year?
Compared to the previous year, Avaamo experienced a 20.02% increase in total revenue and a 3.04% increase in profit after tax, highlighting its growth and change in profitability.
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