OnMobile Global Ltd. — Earnings Release 2022

May 19, 2022

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 19, 2022

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 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 Encl: a/a

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OnMobile Reports Fourth Quarter and Full Year Fiscal 2022 Results

Challenges Arena: Revenue doubling every quarter and 26 cumulative customer agreements by March’22

Bengaluru, 19[th] May 2022: OnMobile Global Limited (“OnMobile”), the global leader in mobile entertainment, today announced the financial results for the fourth quarter and full year of FY22 ended March 31, 2022.

Highlights:

• Challenges Arena: Revenue has been doubling every quarter; achieved a mark of over Rs 3.5 crore monthly revenue in March’22

• Challenges Arena: 26 cumulative customer agreements by March’22, up 24% QoQ

• Challenges Arena: Now live with 16 Operators cumulative in Q4 FY’22 as compared to 8 in Q3 FY’22, reflecting a growth of 100% QoQ

• Challenges Arena: 4.4 Mn cumulative gross additions of subscribers by March 2022

• Challenges Arena: Net active base doubled every quarter in FY22 – Q4FY22 net active base increased to 1.33 Mn from 0.14 Mn in Q1FY22

• ONMO: Launched B2C Cash battles in India

• ONMO: Launched in Chingari beta and will ramp up to the entire user base soon

• Chingari investments: valuation doubled as compared to the initial investment

• FY’22 revenue stood at INR 544.3 crore, a de-growth of 5.5% YoY primarily impacted by Euro depreciation and customer-driven policies in Spain, which have since been mitigated

• Marketing cost grew by 50.9% YoY to INR 39.8 crore for FY’22 on account of investments in new launches resulting in lower EBITDA

• EBITDA at INR 45.9 crore with a margin of 8.8% for FY’22

Commenting on FY22 results, Sanjay Baweja, CEO & MD, OnMobile, said, “We

are happy with the year’s overall performance and the quarter gone by. We are on a transformational journey as we pivot our focus to mobile gaming. We have launched ONMO our social esports mobile gaming platform. Challenges Arena, our mobile quiz gaming app launched earlier, has shown huge growth during the year. We will continue to see significant demand for eSports and social gaming. Our vision is to build cutting-edge mobile gaming products while simultaneously working on digitizing our core B2B businesses.”

Asheesh Chatterjee, Global Group CFO, said, “ We are pleased to report another quarter of consistent growth in our new endeavours while maintaining margins. Our revenue stood at Rs 544 crores for FY22. Cost optimization efforts continued and we managed to sustain EBITDA margin at 8.8% for FY’22”

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:	Consolidated Financial Press Release:
		Amount in Rs Millions except dataper share
		Quarter ended			Year Ended
**Sl. No **	Particulars	March 31, 2022 (Refer note 12)	December 31, 2021 (Unaudited)	March 31, 2021 (Refer note 12)	March 31, 2022 (Audited)	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) Exceptional items - net (refer note 8 and 9) Profit before tax (5+6) Tax expense (a) Current tax (b) Earlier year provision (c) 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, 2022 and March 31, 2021) (a) Basic (b) Diluted	1,271.58 11.97	1,331.84 17.25	1,307.00 32.80	5,195.44 72.12	5,512.92 100.65
		1,283.55	1,349.09	1,339.80	5,267.56	5,613.57
		621.63 16.69 15.94 278.16 2.04 25.23 252.59	628.71 12.83 38.12 326.44 2.00 24.53 192.55	639.90 9.90 22.50 340.20 1.30 28.40 144.90	2,530.17 48.72 112.03 1,230.64 7.48 103.72 821.54	2,620.73 51.34 117.00 1,402.33 9.34 128.03 661.97
		1,212.28	1,225.18	1,187.10	4,854.30	4,990.74
		71.27	123.91	152.70	413.26	622.83
		-	-	2.60	1.04	(5.69)
		71.27	123.91	155.30	414.30	617.14
		-	-	46.62	57.22	46.60
		71.27 23.37 (12.90) 14.13	123.91 36.87 - (0.15)	201.92 24.50 - 27.80	471.52 132.47 (12.90) 27.39	663.74 157.59 - 46.33
		24.60	36.72	52.30	146.96	203.92
		46.67 5.25 0.07 (26.13) (0.98)	87.19 193.05 (46.45) (61.39) 0.80	149.62 7.60 (2.20) (84.10) -	324.56 197.56 (46.14) (118.96) (0.18)	459.82 0.81 (0.24) 77.58 -
		**(21.79) **	86.01	**(78.70) **	32.28	78.15
		24.88	173.20	70.92	356.84	537.97
		1,056.02	1,053.74	1,044.96	1,056.02 5,471.86	1,044.96 5,216.08
		0.43 0.44	0.83 0.82	1.43 1.42	3.08 3.05	4.42 4.41

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About OnMobile

OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], is a global leader in mobile entertainment. Headquartered in Bangalore, India and with a presence in many countries across the world, it is focused on building cutting-edge Mobile Gaming products while also offering a wide array of products such as Videos, Tones, & Contests. Based on current deployments, OnMobile has over 80 million monthly users across the globe. For further information, please visit www.onmobile.com.

For media queries, please contact: pr@onmobile.com