Onmobile Global Limited · NSE:ONMOBILE
Onmobile Global — Q1 FY2021 Earnings Presentation
21 slides from Onmobile Global's earnings presentation, Aug 10, 2020
Slide 1: Investor presentation
Investor presentation 10th August 2020
Slide 2: Cautionary statement
Cautionary statement This presentation may contain 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) f
Slide 3: Agenda
Agenda 1 Company at Glance 1 4 Strategy FY21 2 History & Milestones 5 Investment Rationale Company at Glance 3 Product Portfolio 6 Financials Q1 FY21 Proprietary & Confidential 3
Slide 4: The Global Leader in Mobile Entertainment
The Global Leader in Mobile Entertainment
Slide 5: Company Overview
Company Overview Emerging Turnaround Story Strategy FY21 Business Overview Key Products Growth Drivers Financials • Pioneer in mobile • Tones • Dominating presence • Revenue : Closed entertainment solutions for carriers across globe • Games Investment Q1FY21 in Tones business Rationale crores with I
Slide 6: Global presence
Global presence 2.52 BILLION CONSUMER REACH 110 CUSTOMERS ACROSS THE GLOBE 1.40 BILLION DIGITAL REACH 107 MILLION MONTHLY ACTIVE USERS ACROSS ALL PRODUCTS 11.03 MILLION APP INSTALLS Proprietary & Confidential 6
Slide 7: History and milestones
History and milestones Voluntary open offer Name changed to by Promoter, No of OnMobile Global Shares:11,900,000. Limited 1:1 Bonus Issue Amount Spent: Rs of shares 476 Mn, Price: Rs Acquisition of Vox 40/- Promoter OnMobile Mobili, France Buyback of takes active Global Amount: Rs 1,431 Purchase of
Slide 8: Key Management
Key Management Sanjay Bhambri François-Charles Sirois Krish Seshadri Sanjay Baweja President & Executive Chairman Chief Executive Officer Global Group CFO Chief Operating Officer François-Charles is the President and In August 2020, Krish joined Sanjay is responsible for the P&L of Sanjay had been a
Slide 9: Suite of products
Suite of products Tones Contests Videos & Editorials Games 64+ Million Users 8+ Million Users 0.6+ Million Users 60+ Stores 13+ Million Install base 0.3 Million Active base 10+ Telcos Around the Globe 30+ Countries - (Digital Platform) - (Digital Platform) 50%+ Revenue Contribution 400+ Games 59 Tel
Slide 10: Strategy FY21
Strategy FY21 Grow Videos Upgrade B2B Games Leverage Tones Expand contests Launch D2C Games Proprietary & Confidential 10
Slide 11: Investment Rationale
Investment Rationale • Global Reach • Dominating market share in Tones business • Investment in growth products • Emerging turnaround story • Big Investments and focus on cloud and social gaming • Solid cash position • Healthy cash flow from operations • Debt free • High dividend yield Proprietary &
Slide 12: Financials
Financials 12
Slide 13: Highlights of the Quarter
Highlights of the Quarter • Acquired 25% equity stake in AI powered visual retention leader Rob0. This investment reaffirms the importance of OnMobile's strategy to become a leader in mobile gaming market. • Revenue growth remains stable QoQ and grew by 5.3% YoY, despite Covid-19 outbreak impacting
Slide 14: P&L Q1 FY21
P&L Q1 FY21 QoQ YoY P&L(INR Mn) Q1 FY21 Q4 FY20 Q1 FY20 Growth Growth Gross Revenue 1,469 1,517 (3.2%) 1,395 5.3% Less Customer acquisition cost as per the contract (60) (57) 5.8% (32) 88.3% Net Revenue 1,408 1,460 (3.6%) 1,363 3.4% Content 660 697 (5.4%) 582 13.4% Other COGS 11 14 (19.9%) 20 (43.7%
Slide 15: Balance sheet
Balance sheet INR Mn As at June 30th, 2020 As at Mar 31st, 2020 Shareholders’ Funds 5,953 5,900 Non-Current Liabilities 178 229 Trade Payables 2,018 2,242 Current Liabilities 576 486 Total Liabilities 8,725 8,857 Fixed Assets 339 354 Goodwill 574 534 Right to use Assets 122 136 Investments in Associ
Slide 16: Total revenue by geography – (QoQ)
Total revenue by geography – (QoQ) Q1FY21 Q4FY20 INR Mn Revenue INR 1,469 Mn Revenue INR 1,517 Mn Latam Latam 1% 1% India India 21 15 14% 16% 205 248 ME&A 18% ME&A 270 19% Europe 294 Europe Asia 60% 57% 6% 881 Asia 867 84 6% 84 NAM 1% 8 NAM 1% 9 Proprietary & Confidential 16
Slide 17: Revenue by products – (QoQ)
Revenue by products – (QoQ) Q1FY21 Q4FY20 INR Mn Revenue INR 1,469 Mn Revenue INR 1,517 Mn Infotainment Infotainment Games 3% Games 4% 10% 50 9% 60 Tones Tones 142 143 39% 38% 590 554 Videos Video Contest 44% Contest 45% 4% 660 4% 666 57 64 Proprietary & Confidential 17
Slide 18: Cash position
Cash position INR Mn Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Gross Cash 3,486 2,672 2,723 2,510 2,344 2,525 2,745 2,659 Less: Total Debt - - - - - - - - Net Cash 3,486 2,672 2,723 2,510 2,344 2,525 2,745 2,659 Net Cash decreased by Contract Dividend Net Cash decreased INR 814
Slide 19: Ratio Analysis – Financial Performance
Ratio Analysis – Financial Performance Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Ratio Analysis FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 Profit and Loss International revenue / revenue 83% 84% 83% 84% 85% 84% 84% 86% Gross profit / revenue 58% 57% 57% 56% 55% 55% 51% 52% Revenue per Employee (INR'000) 1,740 1,832 1,75
Slide 20: Dividend & buyback history
Dividend & buyback history (INR Mn) Mar'15 Mar'16 Mar'17 Mar'18 Mar'19 Mar'20 *Jun '20 Dividend Payout ( Incl. Tax) 197 195 188 190 191 159 NA Dividend % 15% 15% 15% 15% 15% 15% NA Buyback (shares in Mn) 5.8 - 5.6 - - - 2.2 Buyback amount utilized 442 - 538 - - - 65 Board of Directors in the meeting
Slide 21: Thank You
Thank For any queries mail us at: investors@onmobile.com You dpingle@christensenir.com