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CredAble
  1. CredAble

CredAble-logoCredAble-logo
CredAble

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

Private
Equentia Scf Technologies Private Limited
Private
Equentia Scf Technologies Private Limited
2017
2017

Founded in 2017, CredAble operates in the fintech sector, specializing in working capital optimization solutions for businesses. Initially focused on providing supply chain financing for large enterpr...

Funding stage:

Debt Financing

Last funding:

11/06/2024

Total funding:

$71.91 Mn+

Revenue:

₹28.4 Cr++ (FY24)
Prev. FY

Investors

Employee count:

210

Last 90d

210

Last 90d

Web traffic:

22.33K

22.33K

Last 30d

Last 30d

Glassdoor Rating:

CredAble: Financial Breakdown

Decoding financial health metrics of CredAble

  • total_revenue_logo
    Total Revenue
    ₹28.4 Cr+
    20%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹51.4 Cr+
    12%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-23.0 Cr+
    -3%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹280.6 Cr+
    28%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -0.8%
    14%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of CredAble

No. In FY24, CredAble reported a net loss of ₹23.0 Cr+, so it was not profitable.

CredAble's revenue grew 20.1% year-on-year, from ₹23.7 Cr+ in FY23 to ₹28.4 Cr+ in FY24.

CredAble's estimated EBITDA for FY24 was ₹-13.7 Cr+, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, CredAble posted revenue of ₹28.4 Cr+ (up 20.1% YoY) and a net loss of ₹23.0 Cr+. Explore the full financials of CredAble 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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