TDCX unveils first quarter 2022 financial results

KUALA LUMPUR, May 26 (Bernama) -- TDCX Inc (TDCX or the Company), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has announced its unaudited financial results for the first quarter ended March 31, 2022.

In a statement, Chief Executive Officer and Founder of TDCX, Laurent Junique said: “Despite the volatile operating environment, we stayed focused on executing and delivering our plans to achieve a strong first quarter performance. Our performance demonstrates the grit and resilience of our people and the strong foundation that we have built for our business.

“Since our last earnings announcement, we have added new key clients, including a leading global short-form video social media platform and a leading Southeast Asia e-commerce platform. Later this month, TDCX will also be included in the MSCI Global Small Cap Index.

“Looking ahead, growing geopolitical and economic instabilities may create headwinds for our business, primarily in the short term. However, we remain optimistic about our market opportunities and long-term growth potential.”

First Quarter 2022 Financial Highlights include total revenue of US$112.6 million, representing 26.9 per cent year-on-year growth; Adjusted Net Income of US$22.3 million, representing 34.9 per cent year-on-year growth; and, Q1 2022 Net Cash from Operating Activities of US$37.1 million, representing 188.1 per cent year-on-year growth. (US$1 = RM4.392)

Meanwhile, Business Highlights include added 10 new logos in Q1 2022, more than double the four logos added in Q1 2021; 55 clients as of March 31, 2022, a 41 per cent increase as compared with 39 clients as of March 31, 2021; and, Reinforced Global English capabilities with the launch of a new campus in Hyderabad, India.

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX employs more than 14,000 employees across 26 campuses globally, specifically Singapore, Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia.

More details at www.tdcx.com.

-- BERNAMA