Onmobile Global Limited · NSE:ONMOBILE
Onmobile Global — Q3 FY2019 Earnings Presentation
31 slides from Onmobile Global's earnings presentation, Feb 12, 2019
Slide 1: Exchange filing cover letter
mobile 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 February 12, 2019 To, The Secretary The Secr
Slide 2: Investor presentation February 2019
Investor presentation February 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 Q3 FY19 Proprietary & Confidential 3
Slide 5: The Global Leader in Mobile Entertainment
The Global Leader in Mobile Entertainment
Slide 6: Global presence
Global presence 50+ COUNTRIES 90+ 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 14-15 Dec’18 YTD Contests Contests 5% Others* 5% Others 18% 6% Games Tones 11% ** 49% Tones 39% Videos Videos 28% 40% Tones Videos Contests Others* Tones Videos Games Contest Others Proprietary & Confidential *Others (Infotainment, Data products, Speech products etc.) 10 ** In
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 MORE THAN NOW With amazing curated content on your fingertips, your entertainment quotient will be more than now. Proprietary & Confidential
Slide 14: Grow Videos
Grow Videos Europe • Launched Videos in the year 2012 • Exclusively curated video content being provided to subscribers under the banner “Emocion” through a major operator in Spain • Categories offered under this are Humor, Kids, Women , News, Sports etc • Agreement renewed with Telefonica Spain for
Slide 15: ONMO games
ONMO games Challenge yourself MORE THAN NOW 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 Acquisition of Appland AB • Acquired Appland AB – a leader in Games and Kids Apps • Launched 2 new clubs in Myanmar and Lebonan in Q3 • Launching games clubs directly with billing aggregators in Netherlands & UK Europe • Movistar games service launched in April with Movistar Sp
Slide 17: ONMO tones
ONMO tones Express yourself MORE THAN NOW 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 India • Vodafone caller tunes app reached 3 Mn downloads – 25% growth Q-o-Q • BSNL: Renewed of IVR Services agreement for 3 years Americas • Focus on Digital marketing to drive new Ring Back Tones (RBT) acquisitions for the region is gaining traction as we witness an increase in subs
Slide 19: ONMO contests
ONMO contests Reward yourself MORE THAN NOW 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 • Successfully launched contest in one of the major operators in Qatar – Our first contest deployment outside India and achieved 100k subscribers i.e. around 7% of Operator subscriber base • Collaboration with handset manufacturers to install contest app in handsets for better subs
Slide 21: Financials
Financials
Slide 22: Q3 FY2019 Key Highlights
Q3 FY2019 Key Highlights • Appland integration successfully completed and debt liquidated • Launched 2 new operators in Middle East and Africa • Overall revenues up by 3.5% QoQ • Growth in Games revenue Q-o-Q: 24% • Contract with Telefonica Spain renewed for 5 years • Reduction in Manpower (Q-o-Q):
Slide 23: Total revenue by geography (Q-o-Q)
Total revenue by geography (Q-o-Q) Q2 FY 19 Q3 FY 19* India India 15% 19% Europe Europe 53% ME&A ME&A 59% 17% 14% *Includes Appland Proprietary & Confidential 22
Slide 24: Revenue by products (Q-o-Q)
Revenue by products (Q-o-Q) Q2 FY 19 Q3 FY 19* INR Mn Infotainement Infotainement Games Games 5% 6% 11% 13% 76 Tones 89 Tones 156 195 39% 37% 576 566 Video & Videos 40% Contest Editorials 41% Contest 608 4% 600 4% 67 65 *Includes Appland Proprietary & Confidential 23
Slide 25: P&L Q3 FY2019
P&L Q3 FY2019 P&L(INR Mn) Q2 FY19 Q3 FY19* % Growth Net Revenue 1,474 1,525 3% Content 613 638 4% Other COGS 59 66 11% Gross Profit 802 822 2% Margin (%) 54.4% 53.9% Manpower Cost 413 437 6% Severance cost 28 8 -73% Marketing Cost 85 111 30% Other Opex 178 197 11% EBITDA 98 69 -30% Margin (%) 7% 5%
Slide 26: Cash position
Cash position INR Mn Jun 30, 2017 Sept 30, 2017 Dec 31, 2017 Mar 30, 2018 June 30, 2018 Sept 30, 2018 Dec 31, 2018* Gross Cash 2,866 2,782 2,843 3,052 3,169 3,486 2,672 Less: Total Debt - - - - - - - Net Cash 2,866 2,782 2,843 3,052 3,169 3,486 2,672 Reduction in cash attributed to Appland purchase,
Slide 27: Cash flow
Cash flow INR Mn Particulars` Q1 FY'19 Q2 FY'19 Q3 FY'19 EBIDTA 107 97 69 - Operating non cash items 35 31 23 Operating profit before working capital changes 142 128 92 Working Capital Changes: (Increase)/ Decrease in Trade Receivables (61) (40) 34 Increase/ ( Decrease) in Trade Payables 10 230 (152
Slide 28: Dividend & buyback
Dividend & buyback (INR Mn) March 14 March 15 March 16 March 17 March 18 Dividend Payout ( Incl. Tax) 200 197 195 188 190 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 29: Equity Snapshot
Equity Snapshot Particulars Details Script code (on NSE) ONMOBILE Share Price (INR)* 37.00 Shares outstanding (in Mn)** 106 Market Capitalization (INR Mn)** 3,911 Net Debt (INR Mn)*** 0 Cash and Cash equivalents (INR Mn)** 2,672 Notes: *Closing share price on NSE on 31st December, 2018. ** Shares ou
Slide 30: Balance sheet
Balance sheet INR Mn As at Sep 30, 2018 As at Dec 31, 2018 * Shareholders’ Funds 6,022 5,670 Non-Current Liabilities 34 52 Trade Payables 2,176 2,034 Current Liabilities 474 901 Total Liabilities 8,706 8,658 Fixed Assets 540 1,354 Deferred Tax Assets (Net) 458 485 Non-Current Assets 1,406 1,369 Cash
Slide 31: investors@onmobile.com
For any queries mail us at: investors@onmobile.com