GlobalBees witnesses revenue of Rs 36 Cr, losses hit Rs 30 Cr

The company, valued at Rs 8666 crore, earned ₹ 36.26 crore in revenue in FY22, of which 50% came from operations. There was a loss of Rs 30.08 crore and expenses of ₹ 66.31 crore. Employee perks accounted for more than 30% of its annual expenses. Globalbees reported an EBITDA margin of -52.39% and an ROCE of -0.97% for the same financial year.

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GlobalBees witnesses revenue of Rs 36 Cr, losses hit Rs 30 Cr The company, valued at Rs 8666 crore, earned ₹ 36.26 crore in revenue in FY22, of which 50% came from operations. There was a loss of Rs 30.08 crore and expenses of ₹ 66.31 crore. Employee perks accounted for more than 30% of its annual expenses. Globalbees reported an EBITDA margin of -52.39% and an ROCE of -0.97% for the same financial year. #thekredible #globalbees #startup #news https://thekredible.com/blogs/globalbees-witnesses-revenue-of-rs-36-cr-losses-hit-rs-30-cr
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With a valuation of Rs 8666 crore, GlobalBees recorded a revenue of Rs 36.26 crore in FY22 according to TheKredible.
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