ONMOBILE GLOBAL LIMITED 
By Q1 FY2014 Net Revenue, EBITDA and Net Profit increased by 2.4%, 44.4% and 47.6% y-o-y respectively
July 31, 2013
By pr@onmobile.com
BANGALORE, India - July 31, 2013: OnMobile Global Limited today announced the results for the First Quarter FY2014 ended June 30, 2013. Revenue for Q1 FY2014 was Rs1,897 million, an increase of 2.4% y-o-y 3.0% q-o-q. Normalized for forex impact, EBITDA increased 14.2% y-o-y to Rs419 million at 22.1% margin.
Business Highlights
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Won a major deal with MTN for provision of RBT services across 21 countries
- Likely revenue: $80-$120 million over 5 years
- Revenue share model with no up-front fee or minimum guarantee
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