PitchSend

Investor Presentaiton

High Variable Cost Insulates Margin Profile 25 25 5% Variable cost: 78% 35% 38% FY23 Cost Split * AngelOne 20% 2% 100% Finance Cost Fees & Commission Exp. Other Variable Cost Fixed Cost Depreciation Other variable cost includes cost of acquisition, components of employee benefit expenses, cloud expenses, KYC & transactional expenses High variable cost structure provides elastic cost levers to protect margins Total Great Place To Work Certified PE2023-PB224

View entire presentation