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Earnings Call Transcript

OnMobile Global Earnings Call Transcript: Key Takeaways

OnMobile reported Q1 FY27 revenue of INR 124.1 Cr (down 3.8% QoQ) with a PAT loss of INR 28.9 Cr due to one-time severance costs and ONMO+ launch expenses.

Highlights
MarginsEBITDA margin compressed to 1.2% due to launch and restructuring costs.
Demand visibilityStrong interest for Smart Console with 10 commercial discussions underway.
Management confidenceHigh for ONMO+ console product despite current revenue softness in legacy segments.

Growth

Gaming revenue grew 2.4% QoQ to INR 39.4 Cr; mobile entertainment revenue declined 6.5% to INR 84.6 Cr.

Outlook

Targeting 20-25% profitability in core business; ONMO+ retail launch in India and Spain by Diwali; seeking $5M-$10M fundraising.

Risks

High severance costs (INR 14.1 Cr); cash position dropped to INR 135.5 Cr; latency issues reported by some ONMO+ users.

Source

Earnings Call Transcript filed with BSE, NSE: ONMOBILE. Summary written with AI assistance from the document.

Read the document ↗

OnMobile Global Ltd: key numbers

Share price
₹52.81
Market cap
₹561.5 Cr
Revenue (annual)
₹516.9 Cr
Net profit (annual)
₹-11.27 Cr
P/E (TTM)
-10.1×Sector 33.0×
Promoter holding
47.90%+0.00% QoQ
FII holding
0.06%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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