AI assistant
OnMobile Global Ltd. — Earnings Release 2021
Feb 1, 2021
62296_rns_2021-02-01_d9b374b1-2a15-4652-a8da-1df0f1729931.pdf
Earnings Release
Open in viewerOpens in your device viewer
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
February 01, 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 Third 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
==> picture [141 x 31] intentionally omitted <==
P V Varaprasad Company Secretary Encl: a/a
==> picture [65 x 65] intentionally omitted <==
OnMobile Reports Third Quarter Fiscal 2021 Results
Revenue at Rs 146 crore, EBITDA up by 60.0% YoY, PAT up by 2 times YoY
Bengaluru, 02 February, 2021: OnMobile Global Limited (“OnMobile”) today announced the financial results for third quarter of FY21 ended December 31, 2020. Cost optimization, reduced Manpower cost and lower Marketing cost resulted in Profit After Tax (PAT) growing from INR 6.5 crores in Q3FY20 to INR 12.0 crores in Q3FY21, witnessing more than 2 times growth YoY.
Q3 FY21 Highlights:
-
Gross Revenues continues to remain stable QoQ.
-
Manpower cost reduced by 4.9% QoQ.
-
Marketing cost lower mainly in Europe QoQ.
-
EBITDA grew by 15.2% QoQ and 2x YoY, to INR 177 Mn with the margin of 12.7% during the quarter aided by above 2 parameters.
-
Operating Profits grew by 19.4% QoQ and 91.8% YoY.
-
PAT at INR 120 Mn grew by 54.3% QoQ and almost 2x YoY basis.
-
Cash stood at INR 2,736 Mn in Q3FY21 vs INR 2,323 MN at the end of Q2FY21.
-
DSO improved to 120 days in Q3FY21 vs 140 days in Q2FY21.
-
For 9 months ended period, Revenue remains stable. EBITDA, Operating Profit and PAT grew by 106%, 209% and 228% respectively over last year.
Consolidated Financial Press Release:
| Quarter ended | Quarter ended | Quarter ended | Nine months ended | Nine months ended | Year Ended | ||
|---|---|---|---|---|---|---|---|
| Sl.**No ** | Particulars | December 31, 2020(Unaudited) | September 30, 2020(Unaudited) | December 31, 2019 (Unaudited) | December 31, 2020 (Unaudited) | December 31, 2019 (Unaudited) | March 31, 2020(Audited) |
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 | Revenue from OperationsTelecom value added servicesOther 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 expensesTotal expenses Profit before share of loss of associates, exceptionalitems and tax(1 - 2) Share of loss of associates (refer note 7) Profit before tax and exceptional items (3+4) Exceptional items - net (refer note 5) Profit before tax (5+6) Tax expense(a) Current tax(b) Deferred taxTotal tax Profit for the period / year (7-8) Other comprehensive incomeA. (i) Items that will not be reclassified to profit or loss(ii) Income tax relating to items that will not bereclassified toprofit or lossB. (i) Items that will be reclassified to profit or loss(ii) Income tax relating to items that will bereclassified toprofit or lossOther comprehensive income Total comprehensive income for the period/ year Paid up equity share capital (Face value of Rs 10/- each) Other equity Earnings per share (of Rs. 10 each) (not annualisedexcept for year ended March 31, 2020)(a) Basic(b) Diluted | 13,978215 | 13,997146 | 14,317341 | 42,059679 | 42,640973 | 57,2421,717 |
| 14,193 | 14,143 | 14,658 | 42,738 | 43,613 | 58,959 | ||
| 6,6691712923,546253291,553 | 6,5431333503,681253301,915 | 6,3601514323,983433552,352 | 19,80841494510,621809965,173 | 18,5024911,35612,5431141,5017,106 | 25,4736301,73316,1651471,8529,432 | ||
| 12,585 | 12,977 | 13,676 | 38,037 | 41,613 | 55,432 | ||
| 1,608(66) | 1,166(17) | 982- | 4,701(83) | 2,000- | 3,527- | ||
| 1,542 | 1,149 | 982 | 4,618 | 2,000 | 3,527 | ||
| - | - | - | - | - | 820 | ||
| 1,5424028 | 1,14930088 | 982417(86) | 4,6181,331185 | 2,0001,059(29) | 4,3472,451(862) | ||
| 410 | 388 | 331 | 1,516 | 1,030 | 1,589 | ||
| 1,132 (36)11907- | 76117(5) 733- | 651(33) -440- | 3,102 (68) 201,617- | 970 (129) 4725- | 2,758 (124)41,583- | ||
| 882 | 745 | 407 | 1,569 | 600 | 1,463 | ||
| 2,014 | 1,506 | 1,058 | 4,671 | 1,570 | 4,221 | ||
| 10,376 | 10,345 | 10,570 | 10,376 | 10,570 | 10,57048,435 | ||
| 1.091.09 | 0.740.74 | 0.620.62 | 2.992.99 | 0.920.92 | 2.612.61 |
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: