First Mobile Group Holdings Limited
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First Mobile Group Holdings Limited - overview
Location
Hong Kong, -, Hong Kong SAR - China
Primary Industry
Telecoms
About
First Mobile Group Holdings Limited is a Hong Kong-based company that offers innovative digital solutions to enhance mobile financial services, focusing on seamless transaction experiences for users and businesses. First Mobile Group Holdings Limited specializes in mobile financial solutions. The company underwent restructuring in August 2010, when ADM Capital invested HKD 162 million. Headquartered in Hong Kong, it has engaged in one significant deal since its inception.
The founder's history and additional details on past ventures are not available. Firstmobile. com provides a variety of digital solutions for mobile financial services. Its key offerings include a mobile payment platform that allows users to perform transactions such as bill payments, money transfers, and purchases.
The company targets individual consumers and businesses in regions like North America, Europe, and Asia-Pacific. With a focus on user-friendly interfaces and robust security, First Mobile Group Holdings Limited addresses challenges in the mobile payments sector. In 2022, First Mobile Group Holdings Limited reported a revenue of HKD 39,029,521. 80 and an EBITDA of HKD 6,716,008.
30. The company generates revenue through subscription services and direct sales, partnering with retailers to integrate its payment solutions into their operations. Following the restructuring deal on August 27, 2010, First Mobile Group Holdings Limited aims to utilize the recent HKD 162 million funding to enhance its mobile payment solutions and expand into new markets. The company is focused on launching several new product features and plans to enter additional geographic regions, although specific timelines and targets for these expansions have not been disclosed.
Current Investors
ADM Capital
Primary Industry
Telecoms
Sub Industries
Telecoms Equipment
Website
www.firstmobile.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
First Mobile Group Holdings Limited - timeline of key events
First Mobile Group Holdings Limited - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 48,654,196.668 | 18,862,376.523 | - | - | - | 158,125,000 | 355,869,000 | 159,959,000 | 184,082,000 | 480,024,000 | 105,609,000 | - | - | - |
| % Revenue Growth (YoY) | - | (61.2%) | (100.0%) | - | - | - | 125.1% | (55.1%) | 15.1% | 160.8% | (78.0%) | - | - | - |
| EBITDA (USD) | (10,555,773.803) | (32,204,990.055) | (17,428,332.124) | 27,313,847.613 | (6,660,421.663) | (504,777,000) | 46,555,000 | 29,197,000 | 42,011,000 | 131,504,000 | 15,128,000 | - | - | - |
| Operating Income (USD) | (11,482,330.636) | (32,746,797.299) | (17,736,418.728) | 27,171,670.728 | (6,721,103.347) | (505,203,000) | 46,332,000 | 29,087,000 | 41,826,000 | 130,248,000 | 13,243,000 | - | - | - |
| Operating Margin | (23.6%) | (173.6%) | - | - | - | (319.5%) | 13.0% | 18.2% | 22.7% | 27.1% | 12.5% | - | - | - |
| % EBITDA Margin | (21.7%) | (170.7%) | - | - | - | (319.2%) | 13.1% | 18.3% | 22.8% | 27.4% | 14.3% | - | - | - |
| NET Income (USD) | (142,600,915.618) | (165,333,375.448) | (149,976,241.057) | (93,310,133.653) | (132,638,025.426) | (518,520,000) | 22,172,000 | 11,231,000 | 33,739,000 | 98,947,000 | 9,526,000 | - | - | - |
| % Net Margin | (293.1%) | (876.5%) | - | - | - | (327.9%) | 6.2% | 7.0% | 18.3% | 20.6% | 9.0% | - | - | - |
First Mobile Group Holdings Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restructuring | Completed | First Mobile Group Holdings Limited | - |
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First Mobile Group Holdings Limited - employee data
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