Not sure how to compare this Q1 24 figures with FY 23, so I annualised Q1 and compared to FY 23.
Main elements :
+ 24 % for revenues,
+ 41 % for EBITDA (margin of 41 % vs 36 % in FY 23)
+ 28 % for cash flow from operation.
Active services : 879,000. + 37 % yoy and + 7.3 % qoq
ARPU : 9.53 SGD vs 9.37 SGD in FY 23
Looking at active services, there was some deceleration qoq : + 7.3 % vs + 10 % qoq during Q4 23.
But it remains a high growth, given the fact that Simba has already reached a rather high market share (8.5 % in Aug 23).
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