OnMobile Global Ltd. — Earnings Release 2021

May 28, 2021

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

May 28, 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 Fourth Quarter and Full Year 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 P V Varaprasad Company Secretary

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Encl: a/a

OnMobile Reports Fourth Quarter and Full Year Fiscal 2021 Results

FY21 Revenue at Rs 576 crore, EBITDA up 67% YoY, PAT up 1.7 times YoY

Bengaluru, 28[th] May, 2021: OnMobile Global Limited (“OnMobile”) today announced the financial results for fourth quarter and full year of FY21 ended March 31, 2021. Our cost rationalization efforts and optimum marketing investments helped us to reduce Manpower cost and Marketing cost which resulted in EBITDA growing from INR 12.0 crores in Q4FY20 to INR 15.4 crores in Q4FY21, reflecting a growth of 28.2% YoY.

Financial Highlights:

• For FY21, Revenue remains stable. EBITDA, Operating Profit, PAT and Cash Profit grew by 66.9%, 147.8%, 66.6% and 38.7% respectively over last year. With efforts into cost optimization all profitability margins grew more than 1.5 times this year.

• Revenues witnessed a drop of 6.2% QoQ mainly from Europe & MEA; and 9.7% YoY mainly from Europe due to covid.

• Our cost rationalization efforts continue to yield savings with a reduction of 4.1% QoQ and 6.1% YoY in manpower costs.

• Marketing cost lowered by 10.9% QoQ and 5.8% YoY this is result of optimum marketing investments.

• Other Opex cost declined by 6.8% QoQ and 48.3% YoY.

• EBITDA grew by 28.2% YoY to INR 154 Mn with the margin of 11.8% in the quarter mainly due to above mentioned cost savings.

• Operating Profits grew by almost 1.5 times YoY to INR 125 Mn with the margin of 9.6% during the quarter.

• PAT at INR 149 Mn grew by 31.9% with 11.4% margin during the quarter.

• DSO improved to 116 days in Q4FY21 vs 120 days in Q3FY21.

Consolidated Financial Press Release: -

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		Amount in Rs lakhs except dataper share
		Quarter ended			Year Ended
**Sl. No **	Particulars	March 31, 2021 (Audited)	2020 (Unaudited)	March 31, 2020 (Audited)	March 31, 2021 (Audited)	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 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) 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 and March 31, 2021) (a) Basic (b) Diluted	13,070 328	13,978 215	14,602 744	55,129 1,007	57,242 1,717
		13,398	14,193	15,346	56,136	58,959
		6,399 99 225 3,402 13 284 1,449	6,669 171 292 3,546 25 329 1,553	6,971 138 378 3,622 33 351 2,326	26,207 513 1,170 14,023 93 1,280 6,622	25,473 630 1,733 16,165 147 1,852 9,432
		11,871	12,585	13,819	49,908	55,432
		1,527	1,608	1,527	6,228	3,527
		26	(66)	-	(57)	-
		1,553	1,542	1,527	6,171	3,527
		466	-	820	466	820
		2,019 245 278	1,542 402 8	2,347 1,392 (833)	6,637 1,576 463	4,347 2,451 (862)
		523	410	559	2,039	1,589
		1,496 76 (22) (841) -	1,132 (36) 11 907	1,788 5 - 858	4,598 8 (2) 776	2,758 (124) 4 1,583
		**(787) **	882	863	782	1,463
		709	2,014	2,651	5,380	4,221
		10,450	10,376	10,570	10,450 52,161	10,570 48,435
		1.43 1.42	1.09 1.09	1.69 1.69	4.42 4.41	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