Discover and read the best of Twitter Threads about #profitability

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Out now - Our Q4FY23 Report: zomato.com/blog/q4fy23

If you have any further questions or feedback, please email us at shareholders@zomato.com. Always listening!

Quick snapshots in the 🧵
#Profitability
We promised this in Aug ‘22 and have delivered: Zomato (ex Blinkit) is adjusted EBITDA +ve in Q4FY23.

Next up, we aim to make the entire biz (including Blinkit) profitable within the next 4 quarters. I’m 9/10 confident of achieving this.

(2/n)
#ZomatoGold
Zomato Gold scaled to 1.8 mn members during the quarter.

I have to give it to the team for ensuring that the launch didn’t affect the overall profitability timeline - by offsetting negative impact on contribution margin by other revenue and cost levers.

(3/n)
Read 6 tweets
As a professional who helps startups find funding, I often ask my clients to talk to me as if I were a prospective investor.

I've compiled a list, and in this thread, I'll share the top 15 things startup founders should AVOID saying to investors.

#startupadvice #investorpitch
1/ "We don't have a clear revenue model yet, but we'll figure it out eventually."

Come on... no investor wants to hear this! Have a solid plan for generating revenue from the start.

#startupadvice #revenuemodel
2/ "We don't have any competition."

None? Not at all? Every startup has competition, even if it's indirect. Do your research and be prepared to discuss your competitive landscape.

#startupcompetition #knowyourmarket
Read 19 tweets
Today's #blogpost discusses #Grantham's recent comments on the #SuperBubble's final act. Is that the case, or is this time different?
realinvestmentadvice.com/superbubbles-t…
We find ourselves at the crossroads where #markets and #fundamental realities meet. From this point, the outlook for equities over the next 9-12 months is more #bearish than #bullish.
realinvestmentadvice.com/superbubbles-t… Image
Notably, the “difference this time” is the #Fed is aggressively tightening #monetary #policy to slow economic growth and reduce demand-driven inflation. The consequence is negative concerning both #economic and #earnings growth.
realinvestmentadvice.com/superbubbles-t… Image
Read 4 tweets
I am thrilled to announce that, as of last week, we are one of the few fintechs in the world to be growing not just rapidly but profitably. @BankBazaar exited FY21-22 with EBITDA profitability for March. 1/7
We logged an annualised revenue of Rs.156 crore, growing sustainably and profitably at 100% CAGR. This much-awaited milestone puts us on the path to full-year profitability for FY22-23. 2/7
Notably, we passed this milestone during a tough time for BFSI going through unprecedented shifts due to the pandemic. How did BankBazaar get here? 3/7
Read 7 tweets
New #ProtoFi Proposal is now #Live 🚀

👉Increase the Protocol #Profitability through these massive changes. 🤓

$PROTO 📈

snapshot.org/#/protofi.eth/…

🧵 short-thread
In order to improve the profitability of the protocol the ProtoFi team spent the last days focused on numbers, simulations and case scenarios. 🤓
With the arrival of #Solidly, the DEXs profitability changed a lot for some pairs, above all stables pairs.👇
Read 6 tweets
1. #Economics of #GoatFarming. The prize of certain goats is a subject of constant bickering on local goat market. Unconvinced, some immediately quit the idea of #GoatFarming & thrilled some plunge with no due consideration whatsoever. BUT, Where is the Money.
#ZimAgricRising
1.1 To start, you simply need to define the objective of your goat enterprise.This will inform the breeding systems to be deployed, hence the costs of the animals to be introduced and later the value of the products that you will sale.
#Warning: LongThread Ahead.#ZimAgricRising
1.2. Making the above fundamental decision is crucial. It is a different ball game altogether when you produce pure breeds (goat seed production) Vs Cross breeding to produce mainly commercial goats for meat/milk production.
#ZimAgricRising #GoatFarming #GoatEconomics
Read 17 tweets
#WEFITWELL: I have been asked about what is most important in Commercial Rural Agribusiness. #Profitability, #HostCommunity or #Security. If you desire Success, the first thing to do is get the community buy in to your project. When they believe your Project, they will provide ImageImageImage
2. a platform 2work. They will form the foundation of security networks around your project. They will secure your project with everything & do impossible things 2keep you going before Challenges set in b'cos they will come. When that happens, profitability will naturally follow.
3. The biggest challenge is how long it will take 4D community 2be on the same wavelength with you & secure your investment enough to be profitable. That is why it is important to have a 24months headstart with Funding. This is why it is important 2not focus on profitability in
Read 7 tweets
4/ag Here's a solution for "experts on everything" looking for political solutions: Central Govt should #abolish the #APMC Act and the #ECA, along with the 3 new agri laws, and leave every State to make own Agricultural laws. Then they'll be responsible/ accountable to voters!
5/ag Subject to proviso, that States cannot stop inter-state trade in agricultural goods, which framers of the constitution, correctly put under Union Govt's purview. Nor can States force CG to take any action which is responsibility of State, nor obstruct anything in Union list!
Read 19 tweets
I complete 14 years of #entrepreneurship today. Lots of feelings - from being joyously inspired to dredging the depths of despair- often on the same day! Here's looking back at each year to identify the key state of business, and the state of my mind! 1/n
2005: Start up | Excitement
Set up a content services company. Co-founder is the brain behind it. I have no idea what'll happen, or how. I trust her to figure it out. Each proposal is a high, each small deal evidence to a biz model. 2/n
2006: Hard work | Fun
More work comes in, and we deliver, working late nights and super early mornings. We hire an office space and our first employees. Every project is challenging, but we overcome them. 3/n
Read 21 tweets
Different types of private #firms have different appeals and demands, so different approaches are adopted to support them now. Local #governments, out of social #stability considerations, mainly channel their support towards large firms that are major #employment contributors.
#State-owned #asset platforms are more concerned about #profitability for fear of loss or reduction of state assets. #Securities companies which have a lot of #equity #pledge worry more about how to address #risks related to the pledges.
#Banks are more willing to support private #firms which not only run well but also have adequate #capital. These #entities all make rational choices, but in the long run, there are still rules and standards to be set. By Xiao Gang, former #CSRC Chairman.
Read 3 tweets

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