Onmobile Global Limited · NSE:ONMOBILE
Onmobile Global — Q1 FY2014 Earnings Presentation
12 slides from Onmobile Global's earnings presentation, Jul 31, 2013
Slide 1: Q1 FY2014 Earnings Presentation
O Q1 FY2014 Earnings Presentation July 31, 2013 © onmobile
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to OnMobile Global Limited’s (OnMobile Global or the Company
Slide 3: Growth through continued expansion of international businesses
Growth through continued expansion of international businesses o International business: Recorded a 19.8% y-o-y growth and 6.7% q-o-q growth in revenues during the quarter Latin America: • Revenue increased 49.5% y-o-y and 7.9% q-o-q Steady growth in Other Emerging Markets: • Africa: Revenue inc
Slide 4: Significant RBT deal representing sizeable revenue potential over 5 years
Significant RBT deal representing sizeable revenue potential over 5 years MTN has GSM licenses in 21 countries across Africa and Middle East • Head Office : Johannesburg, South Africa • Annual Revenue : $15 billion • Network ARPU : $3 – $12
Slide 5: Significant RBT deal representing sizeable revenue potential over 5 years
Significant RBT deal representing sizeable revenue potential over 5 years o MTN – RBT: Current Status Live in all 21 countries Penetration ranges from 10% - 25% One of the largest RBT properties in the world o MTN selected OnMobile, after a rigorous selection process, with stiff competition fr
Slide 6: Profitable mix of diversified revenue sources
Profitable mix of diversified revenue sources Revenues by Geography Q1 FY2013 Q1 FY2014 Developed Developed Markets Markets 21% 20% India India 34% Other 43% Other Emerging Emerging Markets Markets 17% 19% Latam Latam 19% 27% Revenues by Products Q1 FY2013 Q1 FY2014 Data and Data and others others 2
Slide 7: Consolidated financials
Consolidated financials Q1 Q1 % Q4 % (` million) FY2014 FY2013 Y-o-Y FY2013 Q-o-Q Net Revenue 1,897 1,852 2.4% 1,841 3.0% India 644 806 (20.1)% 667 (3.5)% Latam 513 343 49.5% 476 7.9% Other Emerging Markets 354 311 13.9% 327 8.5% Developed Markets 385 392 (1.6)% 372 3.7% EBITDA1 518 359 44.4% 350 48
Slide 8: Q1 FY2014 consolidated financial highlights
Q1 FY2014 consolidated financial highlights Net Revenue and EBITDA normalized for forex impact increased by 2.4% and 14.2% y-o-y, respectively o Net Revenue increased 2.4% y-o-y and 3.0% q-o-q to `1,897 million India revenues showed a stabilizing trend International revenues increased 19.8% y-o-
Slide 9: Net Revenue, EBITDA and Operating Profit trends
Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY13 FY13 FY13 FY13 FY14 FY13 FY13 FY13 FY13 FY14 36% 16% 1,852 1,841 1,897 1,798 1,762 4% 4% 4% 3% 4% 2% Net Revenue (` million) (3)% (2)% Y-o-Y Growth Q-o-Q Growth 27.3% 48% 24.8% 33% 19.4% 19.0% 26% 19.3% 45% 518 437 7% 359 348 350 11% (15)% (3%) EBITDA (` million) a
Slide 10: Low leverage and steady cash balance provides operational flexibility
Low leverage and steady cash balance provides operational flexibility Consolidated Consolidated 50.5x (` million) Jun 30, 2013 Mar 31, 2013 Long Term Borrowings 2 3 32.0x Short Term Borrowings 467 488 Total Debt 469 491 18.2x 16.4x Less: Cash & Cash 12.6x 2,284 2,009 1.4x Equivalents 1.4x 1.2x 2.0x
Slide 11: Income statement and balance sheet
Y-o-Y Q-o-Q As at Jun As at Mar (` million) Q1 FY14 Q1 FY13 Q4 FY13 (` million) % % 30, 2013 31, 2013 Net Revenue 1,897 1,852 2.4% 1,841 3.0% EQUITY AND LIABILITIES Shareholders’ Funds 9,290 9,090 COGS 253 371 (31.8%) 221 14.4% Long-term borrowings 2 3 Gross Profit 1,644 1,481 11.0% 1,620 1.5% Defer
Slide 12: Contact
Girdhar Patel girdhar.patel@onmobile.com OnMobile Global +91 80 4009 6707 Anirudh Bhardwaj anirudh@churchgatepartnersindia.com Churchgate Partners +91 22 3953 7444