{"id":43918,"date":"2022-05-20T13:25:00","date_gmt":"2022-05-20T07:55:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=43918"},"modified":"2022-05-20T13:22:33","modified_gmt":"2022-05-20T07:52:33","slug":"onmobile-global-q4-results-ebitda-at-%e2%82%b945-9-cr-with-a-margin-of-8-8","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/onmobile-global-q4-results-ebitda-at-%e2%82%b945-9-cr-with-a-margin-of-8-8\/","title":{"rendered":"OnMobile Global Q4 Results: EBITDA at \u20b945.9 cr with a margin of 8.8%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3109225205\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p><strong>Bengaluru, 19<\/strong><strong><sup>th<\/sup><\/strong><strong> May 2022:<\/strong> OnMobile Global Limited (\u201cOnMobile\u201d), the global leader in mobile entertainment, today announced the financial results for the fourth quarter and full year of FY22 ended March 31, 2022.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2331276213\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Highlights:<\/strong><\/p><ul class=\"wp-block-list\"><li>Challenges Arena: Revenue has been doubling every quarter; achieved a mark of over INR 3.5 crore monthly revenue in March\u201922<\/li><\/ul><ul class=\"wp-block-list\"><li>Challenges Arena: 26 cumulative customer agreements by March\u201922, up 24% QoQ<\/li><\/ul><ul class=\"wp-block-list\"><li>Challenges Arena:&nbsp;Now live with 16 Operators cumulative in Q4 FY\u201922 as compared to 8 in Q3 FY\u201922, reflecting a growth of 100% QoQ<\/li><\/ul><ul class=\"wp-block-list\"><li>Challenges Arena: 4.4 Mn cumulative gross additions of subscribers by March 2022<\/li><\/ul><ul class=\"wp-block-list\"><li>Challenges Arena: Net active base doubled every quarter in FY22 \u2013 Q4FY22 net active base increased to 1.33 Mn from 0.14 Mn in Q1FY22&nbsp;<\/li><\/ul><ul class=\"wp-block-list\"><li>ONMO: Launched B2C Cash battles in India<\/li><\/ul><ul class=\"wp-block-list\"><li>ONMO: Launched in Chingari beta and will ramp up to the entire user base soon&nbsp;<\/li><\/ul><ul class=\"wp-block-list\"><li>Chingari investments: valuation doubled as compared to&nbsp; the initial investment&nbsp;<\/li><\/ul><ul class=\"wp-block-list\"><li>FY\u201922 revenue stood at INR 544.3 crore, a de-growth of 5.5% YoY primarily impacted by Euro depreciation and customer-driven policies in Spain, which have since been mitigated<\/li><\/ul><ul class=\"wp-block-list\"><li>Marketing cost grew by 50.9% YoY to INR 39.8 crore for FY\u201922 on account of investments in new launches resulting in lower EBITDA<\/li><\/ul><ul class=\"wp-block-list\"><li>EBITDA at INR 45.9 crore with a margin of 8.8% for FY\u201922<\/li><\/ul><p><strong><em>Commenting on FY22 results, Sanjay Baweja, CEO &amp; MD, OnMobile, said,<\/em><\/strong><strong><em> <\/em><\/strong><em>\u201cWe are happy with the year\u2019s overall performance and the quarter gone by. We are on a transformational journey as we pivot our focus to mobile gaming. We have launched ONMO our social esports mobile gaming platform. Challenges Arena, our mobile quiz gaming app launched earlier, has shown huge growth during the year. We will continue to see significant demand for eSports and social gaming. Our vision is to build cutting-edge mobile gaming products while simultaneously working on digitizing our core B2B businesses.\u201d<\/em><strong><em>&nbsp;<\/em><\/strong><\/p><p><strong><em>Asheesh Chatterjee, Global Group CFO, said, <\/em><\/strong><strong><em>\u201c<\/em><\/strong><em>We are pleased to report another quarter of consistent growth in our new endeavours while maintaining margins. Our revenue stood at INR 544 crores for FY22. Cost optimization efforts continued and we managed to sustain EBITDA margin at 8.8% for FY\u201922\u201d<\/em><\/p><div class=\"trade-content_5\" id=\"trade-594871628\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Consolidated Financial Press Release:&nbsp;<\/strong><\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/2A6mrn1e7ReCw8bskLJDJkFmSVRjvLZYjcKBJERXUB_v2Gg1HgCNZxoQoA-FuxV84K5XFaSLLz1nXplKGMolikCTwimjUV1V7gJm4o_fNVXktiQ3LzgZzDVyngb8w3Vs82vPEcIRCfl6u6DMmg\" alt=\"\"\/><\/figure><h3 class=\"wp-block-heading\" id=\"h-\">&nbsp;<\/h3><h3 class=\"wp-block-heading\" id=\"h--1\">&nbsp;<\/h3><h3 class=\"wp-block-heading\" id=\"h--2\">&nbsp;<\/h3><h3 class=\"wp-block-heading\" id=\"h--3\">&nbsp;<\/h3><h3 class=\"wp-block-heading\" id=\"h--4\">&nbsp;<\/h3><h3 class=\"wp-block-heading\" id=\"h-about-onmobile\"><strong>About OnMobile<\/strong><\/h3><h3 class=\"wp-block-heading\" id=\"h--5\">&nbsp;<\/h3><p>OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], is a global leader in mobile entertainment. Headquartered in Bangalore, India and with a presence in many countries across the world, it is focused on building cutting-edge Mobile Gaming products while also offering a wide array of products such as Videos, Tones, &amp; Contests. Based on current deployments, OnMobile has over 80 million monthly users across the globe.<\/p><p>For further information, please visit\u00a0<a href=\"https:\/\/www.onmobile.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.onmobile.com<\/a>.<\/p><div class=\"trade-after-content\" id=\"trade-878540380\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Bengaluru, 19th May 2022: OnMobile Global Limited (\u201cOnMobile\u201d), the global leader in mobile entertainment, today announced the financial results for the fourth quarter and full year of FY22 ended March 31, 2022. Highlights: Challenges Arena: Revenue has been doubling every quarter; achieved a mark of over INR 3.5 crore monthly revenue in March\u201922 Challenges Arena: [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":43919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-43918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OnMobile Global Q4 Results: EBITDA at \u20b945.9 cr with a margin of 8.8% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/onmobile-global-q4-results-ebitda-at-\u20b945-9-cr-with-a-margin-of-8-8\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OnMobile Global Q4 Results: EBITDA at \u20b945.9 cr with a margin of 8.8%\" \/>\n<meta property=\"og:description\" content=\"Bengaluru, 19th May 2022: OnMobile Global Limited (\u201cOnMobile\u201d), the global leader in mobile entertainment, today announced the financial results for the fourth quarter and full year of FY22 ended March 31, 2022. 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