OOnMobile Global Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
January 28, 2014 at 08:01 am EST
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OnMobile Global Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on standalone basis, the company reported total income from operations of INR 1,070.5 million against INR 1,306.9 million for the same period in the last year. Loss from operations before other income and finance cost was INR 50.3 million against profit from operations before other income and finance cost of INR 218.6 million for the same period in the last year. Loss before tax was INR 82.8 million against profit before tax of INR 280.4 million for the same period in the last year. Net loss was INR 57.6 million or INR 0.5 per diluted share (not annualized) against net profit of INR 284.7 million or INR 2.4 per diluted share (not annualized) for the same period in the last year.
For the nine months, on standalone basis, the company reported total income from operations of INR 3,602.3 million against INR 3,873.7 million for the same period in the last year. Profit from operations before other income and finance cost was INR 154.8 million against INR 87.3 million for the same period in the last year. Profit before tax was INR 310.2 million against INR 203.8 million for the same period in the last year. Net profit was INR 227.6 million or INR 2.0 per diluted share (not annualized) against INR 122.5 million or INR 1.0 per diluted share (not annualized) for the same period in the last year.
For the quarter, on consolidated basis, the company reported total income from operations of INR 2,254.7 million against INR 1,761.6 million for the same period in the last year. Loss from operations before other income and finance cost was INR 47.5 million against profit from operations before other income and finance cost of INR 182.7 million for the same period in the last year. Loss before tax was INR 73.9 million against profit before tax of INR 257.1 million for the same period in the last year. Net loss was INR 83.7.6 million or INR 0.7 per diluted share (not annualized) against net profit of INR 206.4 million or INR 1.7 per diluted share (not annualized) for the same period in the last year.
For the nine months, on consolidated basis, the company reported total income from operations of INR 6,401.9 million against INR 5,411.7 million for the same period in the last year. Profit from operations before other income and finance cost was INR 50.8 million against INR 403.2 million for the same period in the last year. Profit before tax was INR 256.5 million against INR 558.6 million for the same period in the last year. Net profit was INR 72.1 million or INR 0.6 per diluted share (not annualized) against INR 363.8 million or INR 3.0 per diluted share (not annualized) for the same period in the last year.
OnMobile Global Limited is an India-based company that is engaged in providing mobile entertainment services. The Company is engaged in providing value added services such as Ringback Tones, Digital Content Store and Infotainment. Its geographical segments include India, Latin America and United States of America, Europe, Africa, and Rest of the World. Its Digital Content Store provides digital content like videos, games, music, and images. Its Infotainment offers music, contests, news, and sports to consumers over the mobile. Its ONMO gaming space blends streaming, social gaming, e-sports, and artificial intelligence into a mobile gaming offering. Its white label video streaming solutions offers sports and kids content/ videos. The Companyâs Challenges Arena provides gamers with a platform to play, compete, and connect with friends through engaging quizzes and theme-based challenges. Its subsidiaries include OnMobile Singapore Pte. Ltd., OnMobile Europe BV, and OnMobile USA LLC.
ONMOBILE GLOBAL LIMITED 
