OnMobile Global Ltd. — Earnings Release 2020

Nov 2, 2020

ONMOBILE GLOBAL LIMITED Tower #1, 94/1 C & 94/2, Veerasandra Village, Attibele Hobli, Anekal Taluk, Electronic City Phase-1, Bangalore - 560100, Karnataka, India P: +91 80 4009 6000 | F: +91 80 4009 6009 CIN - L64202KA2000PLC027860 Email - investors@onmobile.com www.onmobile.com

November 02, 2020

To Department of Corporate Services, The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532944 Scrip Code: ONMOBILE

Dear Sir/ Madam,

Sub: Intimation of Press Release

This is to inform you that OnMobile Global Limited is issuing a press release titled “OnMobile Reports Second Quarter Fiscal 2021 Results”, a copy of which is enclosed herewith.

Requesting you to please take the same on record.

Thanking you,

Yours sincerely, For OnMobile Global Limited

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P V Varaprasad Company Secretary Encl: a/a

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OnMobile Reports Second Quarter Fiscal 2021 Results

Revenue at Rs 146 crore, EBITDA up by 43.4% YoY, PAT up by 7 times YoY

Bengaluru, 2[nd] November, 2020: OnMobile Global Limited (“OnMobile”) today announced the financial results for second quarter of FY21 ended September 30, 2020. Cost optimization resulted in Profit After Tax (PAT) growing from INR 1.0 crores in Q2FY20 to INR 7.8 crores in Q2FY21, witnessing more than 7 times growth YoY.

Q2 FY21 Highlights:

• Revenues remains stable QoQ; YoY revenue reduction of 1.5% is from Africa & Middle East region.

• Gross margin remains stable at 52.2% as compared to 52.4% in Q1FY21.

• EBITDA excluding one time items in previous quarter grew by 12.5% QoQ.

• EBITDA, Operating Profits grew by 43.4% and 101.3% respectively on YoY basis. This is mainly due to cost optimization efforts.

• PAT at INR 78 Mn grew more than 7 times YoY basis.

• Cash stood at INR 2,323 Mn. This is after customer contract cost payment of INR 361 Mn and Buyback of INR 2.5 Mn during the quarter.

• For 6 months ended period Revenue grew by 2%. EBITDA, Operating Profit and PAT grew by 98%, 348% and 522% respectively over last year.

Consolidated Financial Press Release: -

		Amount in Rs lakhs except dataper share	Amount in Rs lakhs except dataper share	Amount in Rs lakhs except dataper share	Amount in Rs lakhs except dataper share	Amount in Rs lakhs except dataper share	Amount in Rs lakhs except dataper share
		Quarter ended			Half Year ended		Year Ended
**Sl. No **	Particulars	September 30, 2020 (Unaudited)	June 30, 2020 (Unaudited)	September 30, 2019 (Unaudited)	2020 (Unaudited)	September 30, 2019 (Unaudited)	March 31, 2020 (Audited)
1 2 3 4 5 6 7 8 9 10 11 12 13 14	Revenue from Operations Telecom value added services Other income (net) Total income Expenses (a) Content fee and royalty (b) Contest expenses (c) Cost of software licenses and others (d) Employee benefits expense (e) Finance costs (f) Depreciation and amortisation expenses (g) Other expenses Total expenses Profit before share of loss of associates, exceptional items and tax(1 - 2) Share of loss of associates Profit before tax and exceptional items (3+4) Exceptional items - net (refer note 7) Profit before tax (5+6) Tax expense (a) Current tax (b) Deferred tax Total tax Profit for the period / year (7-8) Other comprehensive income A. (i) Items that will not be reclassified to profit or loss (ii) Income tax relating to items that will not be reclassified to profit or loss B. (i) Items that will be reclassified to profit or loss (ii) Income tax relating to items that will be reclassified to profit or loss Other comprehensive income Total comprehensive income for the period/ year (9+10) Paid up equity share capital (Face value of Rs 10/- each) Other equity Earnings per share (of Rs. 10 each) (not annualised except for year ended March 31, 2020) (a) Basic (b) Diluted	13,997 146	14,084 318	14,376 239	28,081 464	28,323 632	57,242 1,717
		14,143	14,402	14,615	28,545	28,955	58,959
		6,543 133 350 3,681 25 330 1,915	6,596 110 303 3,394 30 337 1,705	6,325 143 432 4,212 31 472 2,290	13,139 243 653 7,075 55 667 3,620	12,142 341 923 8,560 71 1,146 4,754	25,473 630 1,733 16,165 147 1,852 9,432
		12,977	12,475	13,905	25,452	27,937	55,432
		1,166	1,927	710	3,093	1,018	3,527
		(17)	-	-	(17)	-	-
		1,149	1,927	710	3,076	1,018	3,527
		-	-	-	-	-	820
		1,149 300 88	1,927 629 89	710 397 210	3,076 929 177	1,018 642 57	4,347 2,451 (862)
		388	718	607	1,106	699	1,589
		761 17 (5) 733 -	1,209 (49) 14 (23) -	103 (84) - 267 -	1,970 (32) 9 710 -	319 (96) 4 285 -	2,758 (124) 4 1,583 -
		745	(58)	183	687	193	1,463
		1,506	1,151	286	2,657	512	4,221
		10,345	10,354	10,570	10,345	10,570	10,570 48,435
		0.74 0.74	1.16 1.16	0.10 0.10	1.90 1.90	0.30 0.30	2.61 2.61

About OnMobile:

OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], is a global leader in mobile entertainment. Headquartered in Bangalore, India and with presence in many countries across the world, OnMobile offers a wide array of products such as Videos, Tunes, Games & Contests. Based on current deployments, OnMobile has over 100 million active subscribers and an addressable base of more than 1.68 billion mobile users across several geographies.

For further information, please visit www.onmobile.com

Media Contact:

pr@onmobile.com