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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

==> picture [142 x 31] intentionally omitted <==

P V Varaprasad Company Secretary

==> picture [54 x 53] intentionally omitted <==

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

Media Contact:

[email protected]