OnMobile Global Limited , the global leader in mobile entertainment, announced the financial results for the fourth quarter and full year of FY22 ended March 31, 2022.
Commenting on FY22 results, Sanjay Baweja, CEO & MD, OnMobile, said, “We are happy with the year’s overall performance and the quarter gone by. We are on a transformational journey as we pivot our focus to mobile gaming. We have launched ONMO our social esports mobile gaming platform. Challenges Arena, our mobile quiz gaming app launched earlier, has shown huge growth during the year. We will continue to see significant demand for eSports and social gaming. Our vision is to build cutting-edge mobile gaming products while simultaneously working on digitizing our core B2B businesses.”
Asheesh Chatterjee, Global Group CFO, said, “We are pleased to report another quarter of consistent growth in our new endeavours while maintaining margins. Our revenue stood at INR 544 crores for FY22. Cost optimization efforts continued and we managed to sustain EBITDA margin at 8.8% for FY’22”
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