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Bright Money-logo
Bright Money
  1. Bright Money

Bright Money-logoBright Money-logo
Bright Money

Bright Money - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Bright Money Technology Private Limited
Private
Bright Money Technology Private Limited
2019
2019

Founded in 2019, Bright Money operates in Fintech industry. Initially focusing on automated savings and budgeting tools, the company now includes features like intelligent debt management and credit s...

Funding stage:

Mix of Equity & Debt

Last funding:

26/09/2023

Total funding:

$93.00 Mn+

Revenue:

₹50.7 Cr+ (FY24)
Prev. FY

Investors

Employee count:

324

Last 90d

324

Last 90d

Web traffic:

149.82K

149.82K

Last 30d

Last 30d

Glassdoor Rating:

Bright Money: Financial Breakdown

Decoding financial health metrics of Bright Money

  • total_revenue_logo
    Total Revenue
    ₹50.7 Cr
    14%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹43.4 Cr
    14%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹5.3 Cr
    10%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹21.2 Cr
    -32%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    0.1%
    -10%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of Bright Money

Yes. In FY24, Bright Money reported a profit after tax of ₹5.3 Cr, making it profitable.

Bright Money's revenue grew 15.0% year-on-year, from ₹44.1 Cr in FY23 to ₹50.7 Cr in FY24.

Bright Money's estimated EBITDA for FY24 was ₹8.1 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, Bright Money posted revenue of ₹50.7 Cr (up 15.0% YoY) and a profit after tax of ₹5.3 Cr. Explore the full financials of Bright Money here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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