Cartrade Tech Limited has informed the Exchange regarding a press release dated May 11, 2026, titled "CarTrade Tech Delivers 50%+ YoY EBITDA Growth in Each of the Last 12 Consecutive Quarters".
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CarTrade Tech announced it has delivered more than 50% year-over-year EBITDA growth for 12 consecutive quarters. EBITDA margins expanded from approximately 3% to 35% over the same period. Over the last 3 years, the company achieved Revenue CAGR of 29%, EBITDA CAGR of 98%, and PAT CAGR of 82%. The company attributes this performance to its platform-led business model, operating leverage, brand strength, network effects, and investments in product, technology and AI capabilities. Executive Director and CFO Aneesha Bhandary commented on the milestone.
Strong positive signal for shareholders as the company demonstrates consistent profitability improvement and margin expansion over multiple years, validating its business model scalability.