22 September 2023
Sequoia-backed edtech startup Scaler, which is on its path to profitability by the end of this fiscal, is eyeing net profit margins of 25-30% on a topline of $150 million within the next year-and-a-half.
“Right now we are just Ebitda positive… the plan that we have for two years, we see 25-30% net margin is easily achievable,” co-founder Abhimanyu Saxena told FE in an interaction. At present, Scaler’s annual revenue run rate is $80-100 million with gross margins of 70-75%. Net profit margin is an indicator of how much of the company’s revenue has translated into profit after accounting for all expenses, charges and taxes.
Sequoia-backed edtech startup Scaler, which is on its path to profitability by the end of this fiscal, is eyeing net profit margins of 25-30% on a topline of $150 million within the next year-and-a-half.
“Right now we are just Ebitda positive… the plan that we have for two years, we see 25-30% net margin is easily achievable,” co-founder Abhimanyu Saxena told FE in an interaction. At present, Scaler’s annual revenue run rate is $80-100 million with gross margins of 70-75%. Net profit margin is an indicator of how much of the company’s revenue has translated into profit after accounting for all expenses, charges and taxes.
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