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Spare8
  1. Spare8

Spare8-logoSpare8-logo
Spare8

Spare8 - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
SPARE8 PLATFORMS PRIVATE LIMITED
Private
SPARE8 PLATFORMS PRIVATE LIMITED
2021
2021

Founded in 2021, Spare8 operates in Fintech industry. Initially focused on simplifying gold investments for users, the company has evolved its offerings to include features like gold savings plans and...

Funding stage:

Undisclosed

Last funding:

20/01/2025

Total funding:

$770.00K+

Revenue:

₹10.7 Lakh+ (FY25)

Investors

Employee count:

5

Last 90d

5

Last 90d

Web traffic:

2.27K

2.27K

Last 30d

Last 30d

Glassdoor Rating:

Spare8: Financial Breakdown

Decoding financial health metrics of Spare8

  • total_revenue_logo
    Total Revenue
    ₹10.7 Lakh
    -3%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹1.2 Cr
    -56%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-1.1 Cr
    58%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹1.6 Cr
    -17%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -1.0K%
    57%

    Prev. FY

Note: Above mentioned stats are for FY24-25

FAQs on Financials of Spare8

No. In FY25, Spare8 reported a net loss of ₹1.1 Cr, so it was not profitable.

Spare8's revenue declined 2.6% year-on-year, from ₹11.0 Lakh in FY24 to ₹10.7 Lakh in FY25.

In FY25, Spare8 posted revenue of ₹10.7 Lakh (down 2.6% YoY) and a net loss of ₹1.1 Cr. Explore the full financials of Spare8 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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