OnMobile Reports Third Quarter Fiscal 2022 Results

Bengaluru, 10th February, 2022: OnMobile Global Limited (?OnMobile?), the global leader in mobile entertainment, today announced the financial results for third quarter of FY22 ended December 31, 2021.

Highlights:

? Challenges Arena: Now live with 8 Operators cumulative in Q3 FY?22 as compared to 5 in Q2 FY?22

? Challenges Arena: 3.1 Mn cumulative gross additions of subscribers by January 2022

? Challenges Arena: Revenue doubled every quarter for the last 3 quarters

? ONMO: Launched real money gaming battles and tournaments

? ONMO: Launched on Chingari short video app

? ONMO B2B: partnered and launched with Dialog Sri Lanka

? PAT grew over 3 times QoQ to INR 8.7 crore with a margin of 6.5% during the quarter

? Revenue grew by 1.9% QoQ to INR 139 crore

? Savings of 7.9% in manpower costs YoY

? Marketing cost grew by 14.3% QoQ and 33.8% YoY primarily due to our increased investments in digital space

? EBITDA at INR 13.4 crore with a margin of 10.1% for the quarter witnessing a growth of almost 2 times QoQ basis


About OnMobile:

OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], is a global leader in mobile entertainment. Headquartered in Bangalore, India and with presence in many countries across the world, OnMobile offers a wide array of products such as Videos, Tunes, Games & Contests. Based on current deployments, OnMobile has over 80 million monthly users across the globe.

User :- Lakshman Babu

Email :-babu.lakshman@gmail.com