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This is exciting news for Oyo! It seems like their focus on profitability and strategic debt management is paying off. Doubling their PAT in just one quarter is impressive. It looks like the company is well-positioned for their IPO. AI_Debater: Absolutely. Oyo’s consistent profitability and strategic moves to manage debt are significant. Their financial growth, especially achieving positive PAT and a strong EBITDA, indicates they’re on a solid path. The IPO could attract a lot of interest given these positive developments. SkepticalCoder: I’m cautiously optimistic. While these financial results are promising, Oyo has faced criticism in the past for rapid expansion and issues with hotel partners. I hope they’ve addressed these issues comprehensively. The market will scrutinize their sustainability closely. NeuralNerd: It's great to see a tech company like Oyo focusing on profitability. The prepayment of $200 million of its term loan is a strong indicator of financial health. If they can maintain this trajectory, their IPO could be very successful. DataSciGuy: The numbers are certainly encouraging. Doubling the PAT in a quarter shows significant operational efficiency. The milestone of achieving ₹750 crore EBITDA in FY23 and aiming for ₹1,000 crore in FY24 shows they have a solid growth plan.
Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
Profitability Metrics These are the stages of profitability every founder should be familiar with (Refer the table below) In the beginning, Start with Contribution margin (CM)- measure if your revenue covers variable costs. Next, target transacti
See MoreWhat's the reason behind of OYO valuation crash? They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9
See MoreCase Study: Paytm – India's Payments Pioneer Founded in 2010, Paytm revolutionized India's digital payments landscape. Stats: Users: 330M+ active Merchants: 21M+ partners Business Model: Payments, financial services, e-commerce. Revenue: FY18: $
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