Archive · 1 Jul 2025
Wow! Momo Struggles with Losses Despite Strong Revenue Growth
Wow!
Momo, a food chain, is making more money but still losing money.
They're selling more food, but a lot of people order it to be delivered.
This delivery service costs the company a lot of money because they have to pay delivery companies and spend money to get customers to notice them.
The company is opening more stores to get more customers to eat inside the restaurants.
They're also starting new businesses to sell frozen momos and other products.
The company is planning to start selling stocks to the public in a few years to get more money.
Wow! Momo's revenue grew 35% in FY25 to Rs 625 crore, but losses remained around Rs 114 crore.
Delivery now accounts for 45% of revenue, up from 10% pre-pandemic, increasing costs.
High commissions to delivery platforms and promotional spending hurt profitability.
The company plans to open approximately 240 new stores this year, expanding its footprint.
Wow! Momo is raising funds and plans a public listing in 24-30 months.
- Who
- Wow! Momo, a quick service restaurant chain.
- What
- Wow! Momo is struggling to improve profits despite growing revenue.
- When
- FY25
- Where
- India
- Why
- High delivery costs are impacting profitability, despite revenue growth.
Company's Current Financials
Future Business Strategy
Financial Performance
Company's Current Financials
Wow! Momo's losses remain high at approximately Rs 114 crore
Future Business Strategy
Wow! Momo's revenue grew significantly by 35% in FY25 to Rs 625 crore.
- FY25 Revenue
- Rs 625 crore
- FY25 Loss
- Rs 114 crore
- Delivery Revenue Share
- 45%
- Store Count
- 700
- New Stores Planned
- 240 this year
- FMCG Revenue (FY24)
- Rs 36 crore
- FMCG Revenue (Last fiscal)
- Rs 75 crore