SINGAPORE, Nov 23 (Bernama-BUSINESS WIRE) -- TDCX Inc. (NYSE: TDCX) (“TDCX” or the “Company”), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, today announced its unaudited financial results for the third quarter ended September 30, 2022.
Third Quarter 2022 Financial Highlights
· Total revenue of US$120.5 million, up 16.1% year-on-year
· Profit for the period was US$21.6 million, up 2.3% year-on-year
· Adjusted Net Income⁴, which excludes the impact of share-based compensation for a like-for-like comparison, was US$24.2 million, up 15.0% year-on-year
· Year-to-date Net Cash from Operating Activities of US$90.8 million, up 53.1% year-on-year
· Total revenue of US$120.5 million, up 16.1% year-on-year
· Profit for the period was US$21.6 million, up 2.3% year-on-year
· Adjusted Net Income⁴, which excludes the impact of share-based compensation for a like-for-like comparison, was US$24.2 million, up 15.0% year-on-year
· Year-to-date Net Cash from Operating Activities of US$90.8 million, up 53.1% year-on-year
Mr. Laurent Junique, Chief Executive Officer and Founder of TDCX, said, “We rounded off this quarter with a strong set of results, fueled by our solid execution capabilities. Our global expansion plans continue unabated with the addition of two new campuses, one in Iloilo, Philippines and another in Istanbul, Türkiye. This brings us to a total of 27 campuses globally as we continue building our network. We also see greater contribution from our four newer geographies, namely Colombia, India, Romania and South Korea, making up close to 10 per cent of the year-on-year growth in revenue for Q3 2022 against Q3 2021.
“This quarter, we are proud to have had our industry-leading practices recognized. We were named a leader by global technology research and advisory firm, ISG, in their ISG Provider Lens™ Contact Center – Customer Experience Services Singapore/Malaysia 2022 report. The report acknowledged our capabilities, positioning us at the top of the quadrant.
“On the ESG front, we deepened our commitment to bringing positive transformation to the community with the launch of the TDCX Foundation. Through the Foundation, we will be able to help drive greater social impact for disadvantaged communities.”
“This quarter, we are proud to have had our industry-leading practices recognized. We were named a leader by global technology research and advisory firm, ISG, in their ISG Provider Lens™ Contact Center – Customer Experience Services Singapore/Malaysia 2022 report. The report acknowledged our capabilities, positioning us at the top of the quadrant.
“On the ESG front, we deepened our commitment to bringing positive transformation to the community with the launch of the TDCX Foundation. Through the Foundation, we will be able to help drive greater social impact for disadvantaged communities.”
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