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Open App
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Open App

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

Private
OPEN APPLIANCES PRIVATE LIMITED
Private
OPEN APPLIANCES PRIVATE LIMITED
2015
2015

Founded in 2015, Open App is a technology startup that specialises in smart lock solutions, offering an IoT-based platform for enhanced security management. Initially focusing on providing secure lock...

Funding stage:

Venture Round

Last funding:

12/07/2020

Total funding:

$2.24 Mn+

Revenue:

₹2.8 Cr+ (FY21)
Prev. FY

Investors

Employee count:

4

Last 90d

4

Last 90d

Open App: Financial Breakdown

Decoding financial health metrics of Open App

  • total_revenue_logo
    Total Revenue
    ₹2.8 Cr
    80%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹6.1 Cr
    33%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-3.4 Cr
    -11%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹5.2 Cr
    -15%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -122.3%
    39%

    Prev. FY

Note: Above mentioned stats are for FY20-21

FAQs on Financials of Open App

No. In FY21, Open App reported a net loss of ₹3.4 Cr, so it was not profitable.

Open App's revenue grew 80.8% year-on-year, from ₹1.5 Cr in FY20 to ₹2.8 Cr in FY21.

In FY21, Open App posted revenue of ₹2.8 Cr (up 80.8% YoY) and a net loss of ₹3.4 Cr. Explore the full financials of Open App 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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