Onmobile Global Limited · NSE:ONMOBILE
Onmobile Global — Q1 FY2024 Earnings Presentation
18 slides from Onmobile Global's earnings presentation, Aug 7, 2023
Slide 1: Cover letter to stock exchanges
ONMOBILE GLOBAL LIMITED Tower #1, 94/1 C & 94/2, Veerasandra Village, Attibele Hobli, Anekal Taluk, Electronic City Phase-1, Bengaluru - 560100, Karnataka, India P: +91 80 4009 6000 | F: +91 80 4009 6009 CIN - L64202KA2000PLC027860 Email - investors@onmobile.com www.onmobile.com August 7, 2023 To, D
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 future business developments and economic performance of OnM
Slide 3: Propelling Mobile Gaming & Entertainment
Global Leader in Mobile Entertainment Propelling Mobile Gaming & Entertainment INVESTOR PRESENTATION August 8th, 2023
Slide 4: Key Highlights
Key Highlights • Revenue at INR 1396 Mn up 3.8% QoQ basis • Gross profit increased by 9.9% on QoQ basis; Improved Gross Profit margins up 56.3% from 54.8% • EBITDA increased to INR 123 Mn up ~500% on QoQ and up 58.5% YoY basis • PAT increased to INR 98 Mn (margin 7.2%) • Revenue from Challenges Aren
Slide 5: The future is GAMING
The future is GAMING
Slide 6: Tapping into the Global Trivia Gaming Market
Tapping into the Global Trivia Gaming Market
Slide 7: Challenges Arena: Quarter wise progress – Customer Confirmation and Live Customer
Challenges Arena: Quarter wise progress – Customer Confirmation and Live Customer (Q2 FY24 projected) CUSTOMER CONFIRMATION LIVE CUSTOMERS Customer confirmation Signed during the quarter Cumulative live customers Went live during the quarter Projected Projected 64 81 Total Total 73 8 Total 10 66 54
Slide 8: Challenges Arena: Gross and Net Active Subscribers
Challenges Arena: Gross and Net Active Subscribers (Q2 FY24 projected) GROSS ADDS NET ACTIVE SUBSCRIBERS Cumulative Gross Adds Added during the quarter Projected 24.88 Total 21.34 3.54 Total 3.78 17.56 Total 3.74 13.64 3.92 3.50 3.10 3.10 Total 4.30 9.34 21.34 Total 6.76 17.56 1.98 2.58 13.64 1.66 2
Slide 9: Social Esports for everyone
Social Esports for everyone
Slide 10: ONMO: Quarter wise progress – Customer Confirmation and Live Customer
ONMO: Quarter wise progress – Customer Confirmation and Live Customer (Q2 FY24 projected) CUSTOMER CONFIRMATION REVENUE LIVE CUSTOMERS Customer confirmation Signed up during the quarter Cumulative live customers Went live during the quarter Projected 32 Projected 20 Total 7 25 Total 6 Total 19 10 18
Slide 11: FINANCIALS
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Slide 12: Financial Summary Q1 FY24
Financial Summary Q1 FY24 Gross Revenue People cost Marketing Opex INR 1,396 Mn INR 278 Mn INR 245 Mn INR 125 Mn +3.8% QoQ -13.3% QoQ +15.3% QoQ -15.8% QoQ -1.0% YoY -13.3% YoY +44.5% YoY -6.4% YoY EBITDA PAT CA Revenue ONMO Revenue INR 123 Mn (9.0%) INR 98 Mn (7.2%) INR 187 Mn INR 62 Mn +497.3% QoQ
Slide 13: P&L Q1 FY24
P&L Q1 FY24 P&L(INR Mn) Q1 FY24 Q4 FY23 QoQ Gr % Q1 FY23 YoY Gr % Gross Revenue 1,396 1,345 3.8% 1,410 -1.0% COGS* 624 643 -2.9% 708 -11.9% Gross Profit 771 702 9.9% 701 10.0% Margin (%) 56.3% 54.8% 51.9% People Cost 278 321 -13.3% 321 -13.3% Marketing 245 213 15.3% 170 44.5% Opex 125 148 -15.8% 133
Slide 14: Revenue by Products
Revenue by Products Gross Revenue Gross Revenue Gross Revenue INR 1,396 Mn INR 1,345 Mn INR 1,410 Mn 13% 2 7% 14% 15% 16% 33 14% Challenges Arena Legacy contest, info etc (12) 33% 38% 31% Tones Videos 40% 28 39% 40% Q1FY24 Q4FY23 Q1FY23 13
Slide 15: Cash Position
Cash Position INR Mn Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Cash Balance 1,778 1,445 1,352 1,200 1,130 736 864 549 Changes in Q2 Changes in Q3 Changes in Q4 Changes in Reduction in Reduction in Increase in Reduction in Q1 due to:- due to:- due to Prod Q1 due to Q2 due to Q3
Slide 16: Financial Analysis & Trends: Profit & Loss
Financial Analysis & Trends: Profit & Loss In INR Mn Revenue and GM (%) of Net Revenues Opex* and People Cost % of Revenues EBITDA % 1,410 11.4% 1,420 37% 38% 37% 1,393 1,396 37% 10.1% 1,400 35% 34% 1,369 56% 31% 9.0% 1,367 29% 55% 1,367 7.0% 1,38 0 55% 54% 52% 52% 28% 5.8% 1,360 52% 1,345 25% 25% 2
Slide 17: Ratio Analysis
Ratio Analysis Ratio Analysis Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Profit and Loss International revenue / revenue 85% 83% 80% 77% 79% 79% 78% 79% Gross profit / revenue 50% 52% 50% 51% 52% 54% 55% 56% Revenue per Employee (INR'000) 2,226 2,496 2,382 2,500 2,503 2,507 2,37
Slide 18: For any queries mail us at
Global Leader in Mobile Entertainment For any queries mail us at investors@onmobile.com