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AbleCredit
  1. AbleCredit

AbleCredit-logoAbleCredit-logo
AbleCredit

AbleCredit - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Lightbees Technologies Private Limited
Private
Lightbees Technologies Private Limited
2023
2023

Founded in 2023, AbleCredit operates in Fintech industry. Initially, the company focused on offering microloans to individuals lacking access to traditional financial services. AbleCredit has broadene...

Funding stage:

Seed

Last funding:

27/05/2024

Total funding:

$1.20 Mn+

Revenue:

₹18.9 Lakh+ (FY25)
Prev. FY

Investors

Employee count:

35

Last 90d

35

Last 90d

Web traffic:

7.25K

7.25K

Last 30d

Last 30d

AbleCredit: Financial Breakdown

Decoding financial health metrics of AbleCredit

  • total_revenue_logo
    Total Revenue
    ₹18.9 Lakh
    1319%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹2.3 Cr
    197%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-2.2 Cr
    -189%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹5.5 Cr
    18%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -1.2K%
Note: Above mentioned stats are for FY24-25

FAQs on Financials of AbleCredit

No. In FY25, AbleCredit reported a net loss of ₹2.2 Cr, so it was not profitable.

AbleCredit's revenue grew 1319.3% year-on-year, from ₹1.3 Lakh in FY24 to ₹18.9 Lakh in FY25.

AbleCredit's estimated EBITDA for FY25 was ₹-2.0 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY25, AbleCredit posted revenue of ₹18.9 Lakh (up 1319.3% YoY) and a net loss of ₹2.2 Cr. Explore the full financials of AbleCredit here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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