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OnMobile Global Ltd. Earnings Release 2021

Aug 6, 2021

62296_rns_2021-08-06_9811633a-c52b-4449-9f64-ab5ea827ca41.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

August 06, 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 First 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 P V Varaprasad Company Secretary

==> picture [58 x 57] intentionally omitted <==

Encl: a/a

OnMobile Reports First Quarter Fiscal 2022 Results

Revenue at Rs 135 crore, EBITDA Margin at 11.3%, PAT up 35.8% YoY

Bengaluru, 6[th] August, 2021: OnMobile Global Limited (“OnMobile”) today announced the financial results for first quarter of FY22 ended June 30, 2021. Our PAT reflected a growth of 9.8% QoQ & 35.8% YoY with 12.7% margin and our continuing efforts on cost rationalization efforts also helped in retaining double digit EBITDA Margin of 11.3%.

Financial Highlights:

  • Revenue remains stable QoQ.

  • Our cost rationalization efforts are continuing and have yielded savings with a reduction of 11.8% QoQ and 11.6% YoY in manpower costs.

  • Other Opex cost declined by 22.3% YoY; however the last quarter numbers were lower due to one time reversal of accumulated lease rentals on account of giving up of rented space.

  • EBITDA at INR 145 Mn continues to remain in double digits with a margin of 11.3% for the quarter

  • Operating Profits of INR 119 Mn,9.2%.

  • PBT grew by 12.5% QoQ and 16.3% YoY to INR 224 Mn including an exceptional gain of INR 73 Mn this quarter.

  • PAT grew by 9.8% QoQ and 35.8% YoY to INR 164 Mn.

  • DSO improved to 122 days in Q1FY22 vs 137 days in Q1FY21.

Consolidated Financial Press Release:

Consolidated Financial Press Release: Consolidated Financial Press Release: Consolidated Financial Press Release: Consolidated Financial Press Release: Consolidated Financial Press Release: Consolidated Financial Press Release:
Amount in Rs lakhs except dataper share
Quarter ended Year ended
**Sl. No ** Particulars June 30, 2021
(Unaudited)
March 31, 2021
(Refer Note 9)
June 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 (loss)/profit of associates,
exceptional items and tax(1-2)
Share of (loss)/profit of associates
Profit before tax and exceptional items (3+4)
Exceptional items - net (refer note 6)
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
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
12,877
360
13,070
328
14,084
318
55,129
1,007
13,237 13,398 14,402 56,136
6,365
107
251
3,001
15
265
1,725
6,399
99
225
3,402
13
284
1,449
6,596
110
303
3,394
30
337
1,705
26,207
513
1,170
14,023
93
1,280
6,622
11,729 11,871 12,475 49,908
1,508 1,527 1,927 6,228
(6) 26 - (57)
1,502 1,553 1,927 6,171
732 466 - 466
2,234
511
82
2,019
245
278
1,927
629
89
6,637
1,576
463
593 523 718 2,039
1,641
38
(11)
71

-
1,496
76
(22)
(841)
-
1,209
(49)
14
(23)
-
4,598
8
(2)
776
-
98 **(787) ** **(58) ** 782

1,739
709 1,151 5,380
10,480 10,450 10,354 10,450
52,161
1.57
1.54
1.43
1.42
1.16
1.16
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 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:

[email protected]