OnMobile Global Ltd. — Interim / Quarterly Report 2023

Nov 8, 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

November 09, 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 Second Quarter of Fiscal year 2023 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

Digitally signed by VARAPRASAD VARAPRASAD VENKATESWA VENKATESWARA PAKANATI RA PAKANATI Date: 2022.11.09 04:03:50 +05'30'

P V Varaprasad Company Secretary

Encl: a/a

OnMobile Reports Second Quarter of Fiscal Year 2023 Results

Gross Revenue grew 2.2% for the H1FY23

- Challenges Arena: Growth momentum continued; Revenue increased by 634% YoY 55 customer confirmations and 33 customers live as of 1[st] Nov 22

ONMO B2B: 18 customer confirmations

Bengaluru, 8th November 2022: OnMobile Global Limited (“OnMobile”), the global leader in mobile entertainment, today announced the financial results for the Second Quarter and Half year of FY23 ended September 30, 2022.

Highlights:

• Challenges Arena: Revenue increased by 634% on a YoY basis and grew close to 14x in the last six quarters

• Challenges Arena: 55 cumulative customer confirmations and 33 customers live as on 1[st] November’22

• Challenges Arena: 10.54 Mn gross subscribers as of 1[st] November’22

• Challenges Arena: By 1[st] November 2022, the Net active base increased to 2.3 Mn from 1.66 Mn in Q1FY23

• ONMO B2B: 18 Customers confirmed (4 live) as on 1st November 2022

• Q2FY23 revenues at INR 1,367 Mn. Forex (Euro) impact on revenue INR 16 Mn QoQ and INR 61 Mn YoY. Gross profit stood at INR 683 Mn, a growth of 3.3% YoY. Q2FY23 revenue growth would be 4.5% YoY excluding Euro forex impact

• H1FY23 revenues at INR 2,777 Mn, up by 2.2%.; Gross profit stood at INR 1,391 Mn, a growth of 6.0% YoY basis

• In Q2FY23, Marketing cost grew by 4.5% QoQ and 100% YoY, primarily due to investments in new launches (CA) and Employee benefit costs include a one-time cost due to staff optimization of INR 30 Mn

• DSO stood at 123 days in Q2FY23, improved by 11 days on a QoQ basis and 5 days on a YoY basis

Commenting on Q2FY23 results, Sanjay Baweja, CEO & MD, OnMobile, said, “While we have seen temporary impact on revenue and profitability due to some customer issues, we continue to invest in marketing which will increase our profitability in the medium to long run. Challenges Arena, our mobile quiz & gaming app launched in FY’22, continues to gain substantial traction. Our focused execution, along with our ongoing efforts to digitize our core B2B businesses, positions us well to realize our objective of developing cutting-edge mobile gaming solutions.”

Asheesh Chatterjee, Global Group CFO, said, “ Revenue was flat on a YoY basis due to onetime Euro depreciation impact and higher marketing spend, but this cost will reduce going ahead. CA is going as per plan, and the cost will stabilize soon. ONMO had a good start and is poised for further growth in the upcoming quarters.”

Consolidated Financial Press Release:

Statement of unaudited Registered office: Tow	Statement of unaudited Registered office: Tow	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share	OnMobile Global Limited consolidated financial results for the quarter and half year ended September 30, 2022 er 1, 94/1C & 94/2, Veerasandra Village, Electronic City Phase-1, Bengaluru- 560100 CIN: L64202KA2000PLC027860 Website: www.onmobile.com Amount in Rs Millions except dataper share
		Quarter ended			Halfyear ended		Year Ended
**Sl. No **	Particulars	September 30, 2022 (Unaudited)	June 30, 2022 (Unaudited)	September 30, 2021 (Unaudited)	September 30, 2022 (Unaudited)	September 30, 2021 (Unaudited)	March 31, 2022 (Audited)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16	Revenue from Operations Mobile entertainment 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 and 8) Profit before tax (5+6) Tax expense (a) Current tax (b) Minimum Alternate Tax (c) Earlier year provision (d) 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 (Refer Note 9) (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) Profit attributable to: Owners of the Company Non-controlling interests Total comprehensive income attributable to: Owners of the Company Non-controlling interests 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) (a) Basic (b)Diluted	1,309.52 41.23	1,351.28 6.04	1,304.30 6.90	2,660.80 47.27	2,592.00 42.90	5,195.44 72.12
		1,350.75	1,357.32	1,311.20	2,708.07	2,634.90	5,267.56
		626.52 16.13 37.61 364.47 1.35 25.41 262.44	643.28 17.90 37.83 320.67 1.98 24.77 255.43	643.30 8.50 32.90 325.90 1.90 27.50 203.90	1,269.80 34.03 75.44 685.14 3.33 50.18 517.87	1,279.80 19.21 58.02 626.01 3.41 54.00 376.41	2,530.17 48.72 112.03 1,230.64 7.48 103.72 821.54
		1,333.93	1,301.86	1,243.90	2,635.79	2,416.86	4,854.30
		16.82	55.46	67.30	72.28	218.04	413.26
		0.24	-	1.60	0.24	1.04	1.04
		17.06	55.46	68.90	72.52	219.08	414.30
		-	-	(16.00)	-	57.22	57.22
		17.06 15.16 (2.22) - (2.08)	55.46 11.05 - - 3.20	52.90 21.10 - - 5.20	72.52 26.21 (2.22) - 1.12	276.30 72.20 - - 13.40	471.52 132.47 - (12.90) 27.39
		10.86	14.25	26.30	25.11	85.60	146.96
		6.20 (4.04) 1.17 (110.30) (0.22)	41.21 4.18 (1.22) 49.31 0.48	26.60 (4.50) 1.30 (38.50) -	47.41 0.14 (0.05) (60.99) 0.26	190.70 (0.70) 0.20 (31.40) -	324.56 197.56 (46.14) (118.96) (0.18)
		**(113.39) **	52.75	**(41.70) **	**(60.64) **	**(31.90) **	32.28
		(107.19)	93.96	(15.10)	(13.23)	158.80	356.84
		6.08 0.12	41.21 -	26.60 -	47.29 0.12	190.70 -	324.56 -
		6.20	41.21	26.60	47.41	190.70	324.56
		(113.39) -	52.75 -	(41.70) -	(60.64) -	(31.90) -	32.28 -
		(113.39)	52.75	(41.70)	(60.64)	(31.90)	32.28
		1,059.02	1,056.42	1,053.20	1,059.02	1,053.20	1,056.02 5,471.86
		0.06 0.06	0.39 0.38	0.25 0.25	0.45 0.44	1.82 1.79	3.08 3.05

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 74.7 million monthly users across the globe.

For further information, please visit www.onmobile.com.

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