Pocket FM has achieved a significant milestone, surpassing Rs 1,000 crore in revenue for the financial year 2023-24, reporting a total of Rs 1,051.97 crore. This marks a remarkable nearly six-fold increase from the previous fiscal year, driven largely by a surge in microtransaction-led subscription revenue.
The Bengaluru-based audio series platform has also managed to reduce its losses, narrowing them in FY24. According to CFO Anurag Sharma, the United States is the primary market, contributing 70 percent of the company's revenues, while India accounts for 15 percent. The remaining 15 percent of revenue is generated from other global markets.