SUBEXLTD

What Subex promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 14 tracked 4 delivered 3 missed 7 open
  • Operating Margin delivered said Q4 FY25 Promised: get to the benchmark, which is in the range of 10% to 17%. Q1 FY27: EBITDA margin improved significantly to 21.2%, well exceeding the target range of 10-17%.
  • Investor Day / Outreach missed said Q4 FY25 Promised: I think on a 6 months basis or something, we can, think about it... We'll do it. Q1 FY27: Promise remains missed. No mention of an investor day in the current quarter.
  • Total Income Growth revised up said Q4 FY26 Promised: Full year FY27 total income came in at 6% YoY. Q1 FY27: Q1 revenue grew 19.7% YoY. Management revised guidance upwards to 'double-digit growth, or high single digits', exceeding the original 6% target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 14 tracked commitments for Subex — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens