Aurum PropTech Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 18, 2023 at 03:38 am
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Aurum PropTech Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 385.6 million compared to INR 75.3 million a year ago. Revenue was INR 411.5 million compared to INR 87.4 million a year ago. Net loss was INR 82.6 million compared to INR 23.5 million a year ago. Basic loss per share from continuing operations was INR 2.17 compared to INR 0.77 a year ago. Diluted loss per share from continuing operations was INR 2.17 compared to INR 0.77 a year ago.
For the nine months, sales was INR 815 million compared to INR 76.1 million a year ago. Revenue was INR 877.1 million compared to INR 114.2 million a year ago. Net loss was INR 230.5 million compared to INR 62.7 million a year ago. Basic loss per share from continuing operations was INR 6.05 compared to INR 2.06 a year ago. Diluted loss per share from continuing operations was INR 6.05 compared to INR 2.06 a year ago.
Aurum PropTech Limited is an India-based property technology (PropTech) company. The Company builds and operates PropTech products, services, and platforms catering to the intricacies of the business-to-business (B2B), business-to-consumer (B2C), business to business to consumer (B2B2C), and direct-to-consumer (D2C) real estate value chains. Its comprehensive suite of integrated ecosystems incorporates various technologies, such as artificial intelligence, machine learning, blockchain, augmented reality, and virtual reality. Its segments include Software as a Service (SAAS), Real Estate as a Service (RAAS) and Others. Its products include technology, capital and services. Its technologies include Sell.Do (customer relationship management), Nestaway (managed home rental), Aurum Analytica (data analytics), AurumLiv (transactions), TheHouseMonk (property management) and TheOfficeMonk (Commercial PMS). Its capital products include Integrow Asset Management, Aurum WiseX and Aurum KuberX.