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ONE MOBIKWIK SYSTEMS LIMITED

June 17, 2024
The Money Talks

ONE MOBIKWIK SYSTEMS LIMITED

ONE MOBIKWIK SYSTEMS LIMITED

One MobiKwik Systems Limited is the parent company behind the Indian mobile wallet and payments service provider MobiKwik [Wikipedia MobiKwik].

Here’s what I found about One MobiKwik Systems Limited:

  • Industry: Financial technology (FinTech) [Wikipedia MobiKwik]
  • Founded: 2009 [Wikipedia MobiKwik]
  • Services:
    • Mobile wallet
    • Digital payments
    • Bill payments
    • Mobile recharge
    • Buy Now, Pay Later (BNPL) services [MobiKwik Investor Relations]
  • Focus: Addressing the credit needs of the underbanked population in India by providing a combination of mobile payments and BNPL options [MobiKwik Investor Relations]
  • User base: Over 140 million registered users (as of March 31, 2023) [MobiKwik IR Company Information]
  • Merchant network: Over 3.7 million merchants [MobiKwik IR Company Information]

They also have a website where you can find more information about their services, investor relations, and contact details: https://www.mobikwik.com/

Some factors to consider for investing in One MobiKwik Systems Limited (One MobiKwik):

Potential Positives:

  • Large user base: One MobiKwik boasts over 140 million registered users, indicating a strong foothold in the Indian digital payments market [1].
  • Growing industry: The Buy Now, Pay Later (BNPL) sector in India is experiencing rapid growth, and One MobiKwik is a major player in this space [1].
  • Focus on underserved market: One MobiKwik caters to a demographic with limited credit card penetration, offering a solution for their credit needs [1].
  • Expanding services: The company has grown beyond mobile wallets to include bill payments, e-commerce, and more, indicating a diversified business model [1].
  • Recent positive EBITDA: One MobiKwik’s financial statements show a positive EBITDA for the first half of FY24, indicating improvement in profitability [4].

Potential Concerns:

  • Negative past EBITDA: The company’s overall EBITDA has been negative in the past few years [4].
  • Focus on growth over profitability: The use of IPO funds for growth initiatives suggests a prioritization of user acquisition over immediate profits [4].

Where to do further research:

  • One MobiKwik Investor Relations: This section on their website provides financial filings, reports, and other investor-focused information [1]. You can find details on their financial performance and future plans. “https://www.mobikwik.com/ir/“
  • Financial news and analysis: Researching financial news articles and analyst opinions on One MobiKwik can provide insights from market experts.

Remember: This is not financial advice. It’s important to do your own research before making any investment decisions. Consider your own risk tolerance and investment goals before investing in One MobiKwik.