Discover and read the best of Twitter Threads about #RATEGAIN

Most recents (5)

Breaking: Shark Tank India is Cancelled after 2 Seasons?

So... everyone seems to think Shark Tank India is the "next big thing" on TV - but I think it's not coming back for the next season.

And here's how I think this whole thing will go down…

Thread. 🧵 Shark Tank cancelled
Disclaimer - I don't *want* Shark Tank India to fail. The world is more fun if it wins...

But wanting something doesn't mean it's going to happen. If it did, then every bag of chips would have more chips and less air.
OK, let's pretend you are the CEO of Sony India.

Congrats. You did it!

People like your channel. No, no - they LOVE your channel.

But there is a problem. You are not in the top 10 GE channels in India.

Despite having shows like KBC, Kapil Sharma, Indian Idol…

Shit.
Read 57 tweets
A Deep-Dive Thread on #RateGain 🧵🧵. Let's go!

Have you heard about the movie - The Bucket List?  Jack Nicholson & Morgan Freeman portray the amazing story of two travelers in their final years, The main plot follows two terminally ill men on their road trip
with a wish list of things to do before they finally say goodbye to the world. No, this thread isn't about that movie, but decoding a company that's enabling the world's incessant desire to TRAVEL, especially that's in Turbo mode after the world being locked up for 2 years...
Hotels are striving hard to optimize costs, improve RoI and reduce the CAC (customer acquisition cost) by generating direct revenue through metasearch platforms, RateGain finds itself in a sweet spot - with its Tech stack offering.
#Vision
Read 14 tweets
#RateGain Q3 ConCall Highlights

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1. RateGain is a company that provides SaaS solutions to Hotels, travel agencies and Car rentals.

Numbers Update-
1. The revenue for the Quarter was up by 57.4% YoY stood at 99 cr
2. The EBITDA stood at 10.6 cr and the margins were 10.7%

3. PAT margins was 6.3%

4. RateGain has gross margins of 80%

- The company repaid a loan of 900 million rupees to Silicon Bank

- Revenue per employee stands at 6.91 million per employee which is up by 17% YoY
- My Hotel Shop contributed 20 cr of revenue in Q3

- 22% of the revenues are from transactions

- 99.9% revenues of the company are recurring
Read 16 tweets
Magic of IPO Listing High/Base Break-Out

Reasons for BO:
1. Entry of Fund House
2. Delivered as mentioned by Mgmt.
3. New favouring Govt Policies.
4. Need of hours of the product.
Types of IPO BO Candidate. Three kinds:
#IPO_Candidate_1 - Premium Listing followed by 15-45% corrections. 2-4x Potential after listing high BO, Time-frame – 1yr. e.g. #INDIAMART #HAPPSTMNDS #MTARTECH #POLYCAB #ANURAS #AFFLE
Read 15 tweets
#RateGain is the next one I am reading about since it is so called positioned as SaaS but I have got contradicting date which I haven't been able to evaluate yet on my own. I read the business update just now and following is my 1st assessment.
Rev grew by 40% YoY but that's not the main metric we should focus at since it is positioned as SaaS business.

While I am not sure % of SaaS revenue from the total rev., perhaps someone can throw light. I haven't gone into depth of the business yet.
Read 9 tweets

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