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OnMobile Global Ltd. — Earnings Release 2021
Nov 9, 2021
62296_rns_2021-11-09_20ddfdbd-5d93-46d9-8986-5f3c18e72c1f.pdf
Earnings Release
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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 - [email protected] www.onmobile.com
November 09, 2021
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 2022 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
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Encl: a/a
OnMobile Reports Second Quarter Fiscal 2022 Results
15 customers signed in Challenges Arena and
Cash feature beta launched on ONMO.
Bengaluru, 9[th] November, 2021: OnMobile Global Limited (“OnMobile”) today announced the financial results for second quarter of FY22 ended September 31, 2021.
Highlights:
-
ONMO D2C Cash beta launched on 3[rd] November’21 across permissible states in India
-
ONMO’s first B2B 5G Telco launched on 5[th] November’21
-
Challenges Arena: Now live with 5 Operators cumulative in Q2 FY’22 as compared to 1 in Q1 FY’22
-
Challenges Arena gross additions of 766K subscribers in Q2 FY’22 vs 561K in Q1 FY’22
-
Completed 100% acquisition of Rob0 stake. This investment is one of the major steps towards the creation of ONMO.
-
Chingari Investment of $1.4 Mn at a valuation of 2 times our initial investment
-
Revenue growth of 1.2% QoQ at INR 137 crore.
-
Our cost rationalization efforts are continuing and have yielded savings with a reduction of 11.5% YoY in manpower costs. However, it grew by 8.6% QoQ mainly due to onetime severance pay of INR 3.0 crore.
-
EBITDA at INR 9.0 crore with a margin of 6.9% for the quarter. The decline in EBITDA was due to increase in severance cost of INR 3.0 crore and Opex cost in the quarter. Normalized EBITDA was at INR 14.8 crore at 11.4% Margin
-
Operating Profits of INR 6.3 crore with a margin of 4.8%. Normalized Operating Profit is INR 12.1 crore at 9.3% Margin.
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 | Halfyear ended | Year ended | |||||
| **Sl. No ** | Particulars | September 30, 2021 (Unaudited) |
June 30, 2021 (Unaudited) |
September 30, 2020 (Unaudited) |
September 30, 2021 (Unaudited) |
September 30, 2020 (Unaudited) |
March 31, 2021 (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 expenses (e) Finance costs (f) Depreciation and amortisation expenses (g) Other expenses Total expenses Profit before share of profit/(loss) of associates, exceptional items and tax (1 - 2) Share of profit/(loss) of associates Profit before tax and exceptional items (3+4) |
13,043 69 |
12,877 360 |
13,997 146 |
25,920 429 |
28,081 464 |
55,129 1,007 |
| 13,112 | 13,237 | 14,143 | 26,349 | 28,545 | 56,136 | ||
| 6,433 85 329 3,259 19 275 2,039 |
6,365 107 251 3,001 15 265 1,725 |
6,543 133 350 3,681 25 330 1,915 |
12,798 192 580 6,260 34 540 3,764 |
13,139 243 653 7,075 55 667 3,620 |
26,207 513 1,170 14,023 93 1,280 6,622 |
||
| 12,439 | 11,729 | 12,977 | 24,168 | 25,452 | 49,908 | ||
| 673 | 1,508 | 1,166 | 2,181 | 3,093 | 6,228 | ||
| 16 | (6) | (17) | 10 | (17) | (57) | ||
| 689 | 1,502 | 1,149 | 2,191 | 3,076 | 6,171 | ||
| (160) | 732 | - | 572 | - | 466 | ||
| Exceptional items - net (refer note 7 and 8) | |||||||
| 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, 2021) (a) Basic (b) Diluted |
|||||||
| 529 211 52 |
2,234 511 82 |
1,149 300 88 |
2,763 722 134 |
3,076 929 177 |
6,637 1,576 463 |
||
| 263 | 593 | 388 | 856 | 1,106 | 2,039 | ||
| 266 (45) 13 (385) - |
1,641 38 (11) 71 - |
761 17 (5) 733 - |
1,907 (7) 2 (314) - |
1,970 (32) 9 710 - |
4,598 8 (2) 776 - |
||
| **(417) ** | 98 | 745 | **(319) ** | 687 | 782 | ||
| (151) | 1,739 | 1,506 | 1,588 | 2,657 | 5,380 | ||
| 10,532 | 10,480 | 10,345 | 10,532 | 10,345 - |
10,450 52,161 |
||
| 0.25 0.25 |
1.57 1.54 |
0.74 0.74 |
1.82 1.79 |
1.90 1.90 |
4.42 4.41 |
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 80 million monthly users and over 97 customers across the globe. For further information, please visit www.onmobile.com