OnMobile Global Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- OnMobile Global Ltd reported a 26.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 33.4%.
- Its expenses for the quarter were up by 18.6% QoQ and 32.7% YoY.
- The net profit decreased 56.9% QoQ and increased 118.4% YoY.
- The earnings per share (EPS) of OnMobile Global Ltd declined at 0.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 165.62 | 130.85 | 124.13 | 26.6% | 33.4% |
Total Expenses | 164.00 | 138.31 | 123.63 | 18.6% | 32.7% |
Profit Before Tax | -3.35 | -10.86 | 0.50 | -69.2% | -770.0% |
Tax | 1.88 | 1.25 | 2.91 | 50.4% | -35.4% |
Profit After Tax | -5.22 | -12.10 | -2.39 | -56.9% | 118.4% |
Earnings Per Share | -0.50 | -1.10 | -0.20 | -54.5% | 150.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
OnMobile Global Ltd is a prominent player in the telecommunications and value-added services industry. The company specializes in providing mobile entertainment and content delivery solutions, such as ringback tones, music streaming, and gaming applications. OnMobile operates globally, catering to a diverse range of clients, including telecommunications operators. The company has been adapting to the rapidly changing digital landscape, focusing on enhancing its service offerings to meet evolving customer demands. Any recent major developments or strategic initiatives are not specified in the provided data.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), OnMobile Global Ltd reported a total income of ₹165.62 crores. This marks a significant increase of 26.6% compared to the previous quarter (Q2FY25), where the total income stood at ₹130.85 crores. Furthermore, the year-over-year growth from Q3FY24 was 33.4%, as the total income for that period was ₹124.13 crores. These figures highlight the revenue growth over the periods, reflecting the company's ability to generate income in a competitive market.
Profitability
In terms of profitability, OnMobile Global Ltd recorded a loss before tax of ₹-3.35 crores in Q3FY25. This represents a notable improvement from the previous quarter (Q2FY25), which saw a loss of ₹-10.86 crores, translating to a quarter-over-quarter change of -69.2%. Comparatively, the profit before tax in Q3FY24 was ₹0.50 crores, indicating a year-over-year decline of -770.0%. The tax expense for Q3FY25 was ₹1.88 crores, showing a 50.4% increase from Q2FY25 and a decrease of 35.4% from Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹-5.22 crores, an improvement from Q2FY25's loss of ₹-12.10 crores, but a significant decrease from Q3FY24's loss of ₹-2.39 crores, with a year-over-year change of 118.4%.
Operating Metrics
The earnings per share (EPS) for OnMobile Global Ltd in Q3FY25 was ₹-0.50, showcasing a quarter-over-quarter improvement of 54.5% from the previous quarter's EPS of ₹-1.10. Year-over-year, the EPS decreased by 150.0% from Q3FY24's EPS of ₹-0.20. These metrics provide insight into the company's operational performance and shareholder value over the reporting periods. The total expenses for Q3FY25 were ₹164.00 crores, reflecting an 18.6% increase from Q2FY25 and a 32.7% increase from Q3FY24. These changes in expenses align with the variations in other financial metrics, underscoring the operational dynamics faced by the company during these periods.
