OnMobile Global Limited — Updates, 05-02-2025: Press Release

OnMobile Global Limited has reported notable growth for the third quarter of FY25. The company achieved a revenue of ₹1,665 crore, reflecting a 26.3% increase quarter-on-quarter. Gross profit rose by 10.6% to ₹732 crore, with EBITDA soaring to ₹81 crore from ₹18 crore in the previous quarter, marking a significant improvement in margin to 4.9%. The gaming segment was a standout performer, with subscription revenue climbing 16.9% to ₹304 crore and the gaming platform revenue reaching ₹450 crore. Active subscribers for mobile gaming increased to 9.26 million, demonstrating a 9.1% gain. Moreover, the Days Sales Outstanding (DSO) improved to 94 days from 113 days in the prior quarter. Looking ahead, OnMobile plans a capex investment of up to $15 million to sustain its gaming revenue growth. The positive momentum in its gaming revenue, now reaching ₹754 crore, aligns with the company's strategic objectives, suggesting a favorable outlook for upcoming quarters.