Vodafone Qatar Qsc · QSE:VFQS

Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — Q1 FY2021 Earnings Presentation

17 slides from Vodafone Qatar Qsc's earnings presentation, Apr 26, 2021

  1. Slide 1: Financial results: Quarter ended 31 March 2021

    Vodafone Qatar P.Q.S.C. Financial results: Quarter ended 31 March 2021 26 April 2021

  2. Slide 2: Disclaimer

    Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation may

  3. Slide 3: Quarterly Highlights

    Quarterly Highlights Hamad Al Thani Chief Executive Officer 3

  4. Slide 4: Executive Summary | Key Messages

    Executive Summary | Key Messages Investment in Profitable Network Strengthening Macro Growth Driving Our Revenue Headwinds Continues Performance Mix Continue Gains Total Revenue Enhanced Coverage & Dependency on Prepaid Population* +8.3% Y/Y Capacity Mobility Reduced Population declined by 13 consec

  5. Slide 5: Financial Review

    Financial Review Masroor Anjum Chief Financial Officer (Acting) 5

  6. Slide 6: FY21 Q1 Financial performance | Highlights

    FY21 Q1 Financial performance | Highlights Strong Revenue growth YoY Highest ever profitability • Total Revenue grew levels 8.3% led by service revenue increase of Cost control • Reported EBITDA Margin Growing mobility and fixed 5.1% and higher • Expenses (excluding at 40% for first time subscribers

  7. Slide 7: FY21 Q1 Financial Performance

    FY21 Q1 Financial Performance Year on Year (QR m) Total revenue Expenses EBITDA Net profit +8.3% +3.0% +17% +38% 585 341 351 234 66 541 51 +5.1% 33 200 153 48 155 508 534 186 198 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 Service revenue Equipment revenue Direct costs OPEX 1• To

  8. Slide 8: FY21 Q1 Financial Performance: Service revenue

    FY21 Q1 Financial Performance Service revenue (QR m) Postpaid Revenue Prepaid Revenue Total Service Revenue +3.4% -8.1% +5.1% 279 +3.6% 149 534 +2.5% 521 270 269 139 139 508 265 136 137 500 262 -1.2% 492 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY20 Q1 FY20 Q2

  9. Slide 9: FY21 Q1 Financial Performance: Mobility ARPU

    FY21 Q1 Financial Performance Mobility ARPU +3.4 (+4%) 87 87 84 83 +1% 82 1• Mobility ARPU increases QR 3.4 YoY driven by higher postpaid ARPU 2• Mobility ARPU 1% higher QoQ FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 9

  10. Slide 10: FY21 Q1 Financial Performance: Revenue mix

    FY21 Q1 Financial Performance Revenue mix TOTAL REVENUE Consumer revenues FY21 Q1 Enterprise, equipment and other revenues 1• Enterprise and other revenue mix improved 4ppts YoY due to growth in fixed broadband and 39.7% FY20 Q1 equipment revenue 35.7% 64.3% 60.3% 10

  11. Slide 11: FY21 Q1 Financial Performance: EBITDA margin trends

    FY21 Q1 Financial Performance EBITDA margin trends 43.1% 40.6% 39.8% 39.2% 40.0% 1• Underlying EBITDA margin of 43.1% 37.9% (growth of 3.9 ppts YoY) led by growth in fixed and postpaid revenue, and continued 37.4% cost optimisation initiatives 37.0% 36.9% 35.7% 2• Reported Margin at 40% grows 3 ppts

  12. Slide 12: FY21 Q1 Financial Performance: CAPEX

    FY21 Q1 Financial Performance CAPEX (QR m) Total CAPEX Quarterly CAPEX Mix -10m Coverage & 222 capacity expansion and others 23 85 59 45 49 24 2 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 Capabilities & IT CAPEX Intensity 10.8% 8.5% 15.8% 37.7% 8.3% Transformation Capacity run and maintenance CAPEX inv

  13. Slide 13: Consolidated statement of income

    Consolidated statement of income Period ended 31 March 2021 Three months ended Commentary YoY: QR m (unless otherwise stated) 31 Mar 21 31 Mar 20 YoY Consumer revenue 353 348 5 • Total revenue grows 8.3% (QR 45m) driven by higher Enterprise, equipments and other revenue 232 193 39 fixed, postpaid an

  14. Slide 14: Appendix

    Appendix 14

  15. Slide 15: Consolidated statement of financial position

    Consolidated statement of financial position As at 31 March 2021 QR m (unless otherwise stated) 31 Mar 21 31 Dec 20 Var Assets Property, plant and equipment 1,599 1,647 (48) • Property, plant and equipment & Intangible assets Intangible assets 4,254 4,280 (25) decreased by QR 73m due to depreciation

  16. Slide 16: Mobile Customers & Net Debt

    Mobile Customers & Net Debt Mobile Customers (‘000) Net Debt (QRm) -2.1% -1.4% 1,734 785 775 1,678 1,697 753 743 1,650 1,662 645 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 16

  17. Slide 17: For more information visit our website

    For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com

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