On Mobile Global Ltd conducted their yesterday for Q4: FY2021
Here are the key takeaways π
Here are the key takeaways π
Business Update:
β’ Due to Europe client, there was decline in revenue QoQ.
β’ Decrease in revenue due to non-digital.
β’ Digital revenue by 4% (especially tones segment)
β’ Contest revenue decreased by 89% QoQ, due to decline in non-digital segment.
β’ Quiz contest grew 30%.
β’ Due to Europe client, there was decline in revenue QoQ.
β’ Decrease in revenue due to non-digital.
β’ Digital revenue by 4% (especially tones segment)
β’ Contest revenue decreased by 89% QoQ, due to decline in non-digital segment.
β’ Quiz contest grew 30%.
Telco:
β’ 350,000 gross additions & 110,000 paying subscribers on the telco in 2 months.
β’ 1.1 million users on the OTT in 2 months
β’ 350,000 gross additions & 110,000 paying subscribers on the telco in 2 months.
β’ 1.1 million users on the OTT in 2 months
Gaming vs Gaming Devlopement:
β’ Gaming and Gaming Development are valued on different aspect.
β’ From Gaming segment cash flow is not generated. It
β’ However co. has cash flow which will be deployed in inorganic growth or from legacy business.
β’ Gaming and Gaming Development are valued on different aspect.
β’ From Gaming segment cash flow is not generated. It
β’ However co. has cash flow which will be deployed in inorganic growth or from legacy business.
Chingari:
β’ They has ~70mil installs, and the user base is going continuously. While users of Chingari would be shifted to OnMo as well. Adding million of subscribers every month.
Videos & Editorial:
β’ Revenue grew about 5%.
β’ They has ~70mil installs, and the user base is going continuously. While users of Chingari would be shifted to OnMo as well. Adding million of subscribers every month.
Videos & Editorial:
β’ Revenue grew about 5%.
OnMO: Short Gaming session
β’ These is the building block for co.
β’ Co. is seeing good growth in this segment. All the short gaming session is on the base of AI.
β’ Beta was launched on 20 May 21 with 29 games and 850 unique moments.
β’ Launching cash battles in Q2 21.
β’ These is the building block for co.
β’ Co. is seeing good growth in this segment. All the short gaming session is on the base of AI.
β’ Beta was launched on 20 May 21 with 29 games and 850 unique moments.
β’ Launching cash battles in Q2 21.
β’ Monetization of OnMo: Challenges, Subscribers, Money Gaming.
Legacy business:
β’ Co. is looking for stability in the current business followed by growth. While co. is also looking for increase in profitability and reach to double digit growth.
Legacy business:
β’ Co. is looking for stability in the current business followed by growth. While co. is also looking for increase in profitability and reach to double digit growth.
B2C:
β’ Co. is transforming from B2B to B2C (OnMo) but B2B would be the continue segment, as co. is generating good revenu.
β’ OnMo is a big market and on a longer team, it can go very well.
β’ Co. is transforming from B2B to B2C (OnMo) but B2B would be the continue segment, as co. is generating good revenu.
β’ OnMo is a big market and on a longer team, it can go very well.
Marketing Budget:
β’ Over next 4-5 years co. will spend more than 100Mil$. This will drive revenue growth.
β’ This can be from equity, mainly from the VC so that there is no pressure from equity, and it is expected to be in this year.
β’ Over next 4-5 years co. will spend more than 100Mil$. This will drive revenue growth.
β’ This can be from equity, mainly from the VC so that there is no pressure from equity, and it is expected to be in this year.
Target ARPU:
β’ Target ARPU $0.2 in India and $6.0 in Europe. This is how co. is going with telcos.
β’ Launched with 1 telco and 1 OTT, and this led to increase the subscriber base of company, and this can contribute to revenue from this quarter.
β’ Target ARPU $0.2 in India and $6.0 in Europe. This is how co. is going with telcos.
β’ Launched with 1 telco and 1 OTT, and this led to increase the subscriber base of company, and this can contribute to revenue from this quarter.
Expense:
β’ Driver for profitability was manpower cost (4.1% Qoq) and capex cost.
β’ Marketing cost decline by 10.9% qoq. Travel cost has also reduced.
β’ Cash 266 cr, despite investment in rob0 and share buyback. This was due to collection efficiency.
β’ DSO was improved to 116.
β’ Driver for profitability was manpower cost (4.1% Qoq) and capex cost.
β’ Marketing cost decline by 10.9% qoq. Travel cost has also reduced.
β’ Cash 266 cr, despite investment in rob0 and share buyback. This was due to collection efficiency.
β’ DSO was improved to 116.
Global players for gaming platform for (OnMo):
- Skillz
- Drop Kings
- Roblox
Cloud Gaming player:
β’ Co. has not seen directly competing On Miobile, while there are certain global players but not directly competing with co.
- Skillz
- Drop Kings
- Roblox
Cloud Gaming player:
β’ Co. has not seen directly competing On Miobile, while there are certain global players but not directly competing with co.
Playstore:
β’ OnMo is not on playstore as that is multiple process place for playing games.
β’ While the trend for website gaming is increasing.
β’ There are also certain restriction in PlayStore.
β’ Creating for app is multiple game is difficult to embark, hence went for site.
β’ OnMo is not on playstore as that is multiple process place for playing games.
β’ While the trend for website gaming is increasing.
β’ There are also certain restriction in PlayStore.
β’ Creating for app is multiple game is difficult to embark, hence went for site.
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