Onmobile Global Limited · NSE:ONMOBILE
Onmobile Global — Q4 FY2019 Earnings Presentation
32 slides from Onmobile Global's earnings presentation, May 27, 2019
Slide 1: Cover letter to stock exchanges
onmobile 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 IF: +91 80 4009 6009 CIN - L64202KA2000PLC027860 www.onmobile.com May 25, 2019 To, The Secretary The Secreta
Slide 2: Investor presentation May 2019
Investor presentation May 2019
Slide 3: 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 4: Agenda
Agenda • History and milestones • Product portfolio • Strategy FY19 • Financials Q4 FY19 and FY19 Proprietary & Confidential 3
Slide 5: The Global Leader in Mobile Entertainment
The Global Leader in Mobile Entertainment
Slide 6: Global presence
Global presence 74+ COUNTRIES 113+ OPERATORS 1.5 Bn MARKET REACH Proprietary & Confidential 5
Slide 7: History and milestones
History and milestones Voluntary open offer Name changed to by Promoter, No of OnMobile Global Limited Shares:11,900,000. 1:1 Bonus Issue of Amount Spent: Rs 476 Acquisition of Vox shares Mn, Price: Rs 40/- Mobili, France Amount: Promoter takes Rs 1,431 Mn Purchase of Buyback of 4,000,000 Buyback of
Slide 8: Investor Highlights
Investor Highlights • Global Reach • Dominating market share in Tones business • Investment in growth products • Emerging turnaround story • Solid cash position • Healthy cash flow from operations • Debt free • High dividend yield Proprietary & Confidential 7
Slide 9: Product portfolio
Product portfolio
Slide 10: Suite of products
Suite of products Proprietary & Confidential 9
Slide 11: Revenue by products
Revenue by products FY’15 FY’19 Contests 5% Contests 5% Others* Others Games 5%* 18% 11%** Tones Tones 49% 38% Videos Videos 40% 28% Tones Videos Games Contest Others Tones Videos Contests Others* Proprietary & Confidential *Others (Infotainment, Data products, Speech products etc.) 10
Slide 12: Strategy FY19
Strategy FY19 • Grow Videos • Launch & Expand Games • Stabilize Tones • Digitize Contests • Beyond Operator Wallet Proprietary & Confidential 11
Slide 13: ONMO videos
ONMO videos Entertain yourself With amazing curated content on your fingertips, your entertainment quotient will be more than now Proprietary & Confidential
Slide 14: Grow Videos
Grow Videos Europe • Introduced two new verticals ‘Beauty and Health’ and ‘Freetime’ under the Emocion banner for a major operator in Spain • New project for Kids in Vodafone Spain - Launch planned for in Jul’19 • Launched sport editorial portal in Italy, product launch planned in Q2 FY20 Latin Amer
Slide 15: ONMO games
ONMO games Challenge yourself With great games to challenge your cognitive abilities, your zeal will be more than now Proprietary & Confidential
Slide 16: Launch & expand Games
Launch & expand Games Europe • Games for leading operator in Spain crossed 22,000 subscribers • Introduced HTML5 games • Won a deal for Games in Greece, product launch planned for in Q2 FY20 • Won a deal for Games in Italy, product launch planned for in Q2 FY20 India • Games product launched with a
Slide 17: ONMO tones
ONMO tones Express yourself With our ONMO tones, you will be able to express yourself and build meaningful relationships, more than now Proprietary & Confidential
Slide 18: Stabilize Tones
Stabilize Tones Asia • RBT app crossed 8 million installs in India generating higher ARPUs Europe • Launched re-branded RBT service Tonos De Espara with new app for a leading telco in Spain • Launched a new RBT app version for another telco in Spain MEA • Launched RBT service & RBT digital storefron
Slide 19: ONMO contests
ONMO contests Reward yourself With grand prizes to win from our impressive trivia based quizzes, your enthusiasm will be more than now Proprietary & Confidential
Slide 20: Digitize Contests
Digitize Contests Asia • Launched voting option for major app in India • Signed contract to run contest services app for a large OEM in India MEA • Contest product launched in Middle East experiencing good traction • 6 Audis prizes to winners of “World of Prizes” concluded contests in Qatar Propriet
Slide 21: Financials
Financials
Slide 22: Q4 FY2019 Key Highlights
Q4 FY2019 Key Highlights • Growth in EBITDA Q-o-Q: 23% • Growth in Operating Profit Q-o-Q: 191% • Cash from Operations: INR 91 Mn • Reduction in Manpower (Q-o-Q): from 812 to 797 • Highest ever EPS of INR 1.79 over last 5 years • Dividend of 15% recommended by Board in line with dividend policy Prop
Slide 23: Total revenue by geography (Q-o-Q)
Total revenue by geography (Q-o-Q) Q3 FY 19 Q4 FY 19 India 15% India 16% Europe Europe ME&A M5&A 59% 59% 17% 17% Proprietary & Confidential 22
Slide 24: Revenue by products (Q-o-Q)
Revenue by products (Q-o-Q) Q3 FY 19 Q4 FY 19 INR Mn Infotainement Infotainement Games Games 6% 5% 13% 13% 89 Tones 69 Tones 195 179 37% 37% 566 527 Videos Videos 40% Contest 41% Contest 608 4% 586 5% 67 71 Proprietary & Confidential 23
Slide 25: P&L Q4 FY2019
P&L Q4 FY2019 P&L(INR Mn) Q4 FY19 Q3 FY19 % Growth Net Revenue 1,433 1,525 -6% Content 589 638 -8% Other COGS 74 66 11% Gross Profit 771 822 -6% Margin (%) 53.8% 53.9% Manpower Cost 399 437 -9% Severance cost 11 8 43% Marketing Cost 84 111 -24% Other Opex 192 197 -3% EBITDA 84 69 23% Margin (%) 6% 5
Slide 26: P&L FY2019
P&L FY2019 P&L(INR Mn) FY19* FY18 % Growth Net Revenue 5,939 6,356 -7% Content 2,442 2,443 0% Other COGS 277 365 -24% Gross Profit 3,220 3,548 -9% Margin (%) 54.2% 55.8% Manpower Cost 1,709 1,858 -8% Severance cost 62 32 93% Marketing Cost 338 223 51% Other Opex 754 750 1% EBITDA 358 685 -48% Margin
Slide 27: Cash position
Cash position Sept 30, Dec 31, Mar 30, June 30, Sept 30, Mar 31, INR Mn Jun 30, 2017 Dec 31, 2018 2017 2017 2018 2018 2018 2019 Gross Cash 2,866 2,782 2,843 3,052 3,169 3,486 2,672 2,723 Less: Total Debt - - - - - - - - Net Cash 2,866 2,782 2,843 3,052 3,169 3,486 2,672 2,723 Proprietary & Confident
Slide 28: Cash flow
Cash flow INR Mn Particulars Q1 FY'19 Q2 FY'19 Q3 FY'19 Q4 FY'19 EBIDTA 107 97 69 84 - Operating non cash items 35 31 23 (6) Operating profit before working capital changes 142 128 92 78 Working Capital Changes: (Increase)/ Decrease in Trade Receivables (61) (40) 34 64 Increase/ ( Decrease) in Trade
Slide 29: Balance sheet
Balance sheet INR Mn As at Mar 31, 2019 As at Dec 31, 2018 Shareholders’ Funds 5,658 5,670 Non-Current Liabilities 39 52 Trade Payables 2,117 2,034 Current Liabilities 912 901 Total Liabilities 8,726 8,658 Fixed Assets 1,200 1,290 Financial Assets 65 64 Deferred Tax Assets (Net) 522 485 Non-Current
Slide 30: Dividend & buyback
Dividend & buyback (INR Mn) March 15 March 16 March 17 March 18 March 19 Dividend Payout ( Incl. Tax) 197 195 188 190 191 Dividend % 15% 15% 15% 15% 15% Buyback (shares in Mn) 5.8 - 5.6 - - Buyback amount utilized 442 - 538 - - Dividend Policy : 75% Dividend payout or 15% Dividend, whichever is high
Slide 31: Equity Snapshot
Equity Snapshot Particulars Details Script code (on NSE) ONMOBILE Share Price (INR)* 42 Shares outstanding (in Mn)** 115 Market Capitalization (INR Mn)** 4,813 Net Debt*** 0 Cash and Cash equivalents (INR Mn)** 2,723 Notes: *Closing share price as on 29th March, 2019. ** Shares outstanding, Market C
Slide 32: investors@onmobile.com
For any queries mail us at: investors@onmobile.com