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Out now - Our Q4FY23 Report: zomato.com/blog/q4fy23
If you have any further questions or feedback, please email us at shareholders@zomato.com. Always listening!
Quick snapshots in the 🧵
If you have any further questions or feedback, please email us at shareholders@zomato.com. Always listening!
Quick snapshots in the 🧵
#Profitability
We promised this in Aug ‘22 and have delivered: Zomato (ex Blinkit) is adjusted EBITDA +ve in Q4FY23.
Next up, we aim to make the entire biz (including Blinkit) profitable within the next 4 quarters. I’m 9/10 confident of achieving this.
(2/n)
We promised this in Aug ‘22 and have delivered: Zomato (ex Blinkit) is adjusted EBITDA +ve in Q4FY23.
Next up, we aim to make the entire biz (including Blinkit) profitable within the next 4 quarters. I’m 9/10 confident of achieving this.
(2/n)
#ZomatoGold
Zomato Gold scaled to 1.8 mn members during the quarter.
I have to give it to the team for ensuring that the launch didn’t affect the overall profitability timeline - by offsetting negative impact on contribution margin by other revenue and cost levers.
(3/n)
Zomato Gold scaled to 1.8 mn members during the quarter.
I have to give it to the team for ensuring that the launch didn’t affect the overall profitability timeline - by offsetting negative impact on contribution margin by other revenue and cost levers.
(3/n)
