Slide 1: Investor presentation
Investor presentation October 2018
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 • History and milestones • Product portfolio • Strategy FY19 • Financials FY18 Proprietary & Confidential 3
Slide 4: The Global Leader in Mobile Entertainment
The Global Leader in Mobile Entertainment
Slide 5: Global presence
Global presence 50+ COUNTRIES 90+ OPERATORS 1.5 Bn MARKET REACH Proprietary & Confidential 5
Slide 6: 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 7: 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 8: Product portfolio
Product portfolio
Slide 9: Suite of products
Suite of products Proprietary & Confidential 9
Slide 10: Revenue by products
Revenue by products FY 14-15 FY 17-18 Others* Others* 18% 8% Contests Contests 5% 7% Tones Tones 40% 49% Videos Videos 28% 45% Tones Videos Contests Others* Tones Videos Contests Others* Proprietary & Confidential *Others (Infotainment, Data products, Speech products etc.) 10
Slide 11: Strategy FY19
Strategy FY19 • Grow Videos • Launch & Expand Games • Stabilize Tones • Digitize Contests • Beyond Operator Wallet Proprietary & Confidential 11
Slide 12: 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 13: Grow Videos
Grow Videos India • Launched regional video portal in Vodafone India • Short video content across 12 categories and in 5 languages to start with – Telugu, Tamil, Kannada, Malayalam & Bengali Middle East and Africa • Launching short format video services across Middle East and Africa North America •
Slide 14: 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 15: Launch & expand Games
Launch & expand Games Acquisition of Appland AB • Acquired Appland AB – a leader in Games and Kids Apps Europe • All You Can Eat (AYCE) service with no in-app purchases & no ads • Curated Games (games rated above +4 and with more than 1M downloads) • Parental Control and Family Plan • Movistar games
Slide 16: 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 17: Stabilize Tones
Stabilize Tones India • Launched Bundled Pack across Idea, Airtel and BSNL Americas • AYCE being targeted for all regions that are on traditional model. • Focus on Digital marketing to drive new Ring Back Tones (RBT) acquisitions for the region. Middle East and Africa • Focus on rolling out RBT App
Slide 18: 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 19: Digitize Contests
Digitize Contests • Launched Contests for IPL Lovers • Launched Contest For FIFA Enthusiasts • Launching contest in one of the major operators in • Qatar – Our first contest deployment outside India • To create an immersive experience through rich content, social engagement and rewards. • Transform
Slide 20: FY19 Priorities
FY19 Priorities OPEX Rationalization – Closure of dormant legal entities – Exiting high cost offices – Bringing Americas back to profitability – Manpower optimization through automation Convert content deals from fixed fee to revenue share model Increasing yield from investments & repatriation of fu
Slide 21: Financials
Financials
Slide 22: Q2 FY2019 Key Highlights
Q2 FY2019 Key Highlights • Appland acquisition successfully completed – will power growth in Games • Signed bKash deal gaining entry into the space of non-operator wallet • Won RFP with a major operator in Spain with a TCV of $ 5 Mn • Growth in Games revenue Q-o-Q: 10% • Reduction in Manpower (Q-o-Q
Slide 23: Revenue by products (Q-o-Q)
Revenue by products (Q-o-Q) INR Mn Q2 FY 19 Q1 FY 19 Infotainement Infotainment Games 5% Games 11% 6% 76 9% 156 86 142 Tones 41% 611 Tones 39% 576 Video & Video & Editorials Editorials 41% 39% 590 Contest 600 5% Contest 4% 65 78 Proprietary & Confidential *Others (Infotainment, Data products, Speech
Slide 24: P&L Q2 FY2019
P&L Q2 FY2019 P&L(INR Mn) Q2 FY19 Q1 FY19 % Growth Net Revenue 1,474 1,507 -2% Content 613 603 2% Other COGS 59 78 -24% Gross Profit 802 825 -3% Margin (%) 54.4% 54.8% Manpower Cost 413 460 -10% Severance cost 28 15 93% Marketing Cost 85 58 47% Other Opex 178 186 -4% EBITDA 98 107 -9% Margin (%) 7%
Slide 25: Cash position
Cash position INR Mn Jun 30, 2017 Sept 30, 2017 Dec 31, 2017 Mar 30, 2018 June 30, 2018 Sept 30, 2018 Gross Cash 2,866 2,782 2,843 3,052 3,169 3,486 Less: Total Debt - - - - - - Net Cash 2,866 2,782 2,843 3,052 3,169 3,486 Proprietary & Confidential 25
Slide 26: Cash flow
Cash flow INR Mn Q1 FY'19 Q2 FY'19 EBIDTA 107 97 - Operating non cash items 35 31 Operating profit before working capital changes 142 128 Working Capital Changes: (Increase)/ Decrease in Trade Receivables 186 (254) Increase/ ( Decrease) in Trade Payables 10 230 (Increase)/ Decrease in Other assets (
Slide 27: 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 28: Balance sheet
Balance sheet INR Mn As at Sep 30, 2018 As at Jun 30, 2018 Shareholders’ Funds 6022 5783 Non-Current Liabilities 34 37 Trade Payables 2176 1902 Current Liabilities 474 479 Total Liabilities 8706 8201 Fixed Assets 540 472 Deferred Tax Assets (Net) 458 464 Non-Current Assets 1406 1414 Cash and Cash Eq
Slide 29: Equity Snapshot
Equity Snapshot Particulars Details Script code (on NSE) ONMOBILE Share Price (INR)* 33.95 Shares outstanding (in Mn)** 106 Market Capitalization (INR Mn)** 3,588 Net Debt*** 0 Cash and Cash equivalents (INR Mn)** 3,486 Notes: *Closing share price on NSE on 28th September, 2018. ** Shares outstandin
Slide 30: investors@onmobile.com
For any queries mail us at: investors@onmobile.com