Q4FY23 CONCALL NOTES:
- Closing order book increased from Rs. 76.9 crores to Rs. 118 crores.
- Net cash and cash equivalents increased to 1,193 million.
(Now, emudhra inc has acquired 51% ownership interest of Ikon Tech Services LLC, a Houston, USA based cyber security and digital transformation solution and services company for a consideration of US $6.12 million.) - The company is focusing on online retail, moving away from the earlier model of selling to master partners to a larger subset of sub-partners.
- The company has significant differentiators, such as offering all types of eSign and full in-house technology for partner management and fulfillment.
- The company’s strategies for future growth include focusing on IP development and services to cater to zero trust, investing in geographic expansion, focusing on platform partnerships, and penetrating SSL, TLS certificates directly.
- Three products under development: emDiscovery, remote signing product, and IoT Certificate Management Product.
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