Capital A Berhad · MYX:CAPITALA
Capital A Berhad — Q3 2022 Earnings Presentation
22 slides from Capital A Berhad's earnings presentation, Nov 30, 2022
Slide 1: 3Q22 Financial Results Presentation
1 3Q22 Financial Results Presentation 30 November 2022
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER 2 Information contained in our presentation is intended solely for your personal reference and is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neithe
Slide 3: Investment holding company with portfolio of businesses
3 is an investment holding company with portfolio of businesses RED AVIATION LOGISTICS SERVICES TRAVEL SUPERAPP VENTURES & FINTECH BUILDER
Slide 4: Key Highlights: Corporate
Key Highlights: 4 ● PN17 plan - submitted extension of time for 6 months until Jul 2023 to submit a holistic PN17 regularisation plan. Targets submission for approval in Feb 2023 and to complete the implementation of the regularisation plan by Jul 2023 ● Group Revenue of RM1,961 mil, 64% of pre-pand
Slide 5: Key Highlights: Logistics and Digital
Key Highlights: 5 ● Teleport returned back to EBITDA positive after moving away from using low margin passenger planes for cargo-only use, to an incremental margin belly cargo space model ● Delivery volume grew by 776% YoY and 136% QoQ to 2.71 mil, supported by increased utilisation of belly capacit
Slide 6: 3Q22 YoY Performance
3Q22 YoY Performance 6 Capital A's 3Q22 revenue of RM1,961 mil folded more than 5x from 3Q21, attributed to continuous upward trend in travel resurgence, which contributed to the revenue increase for all business sectors (except for Teleport). The Group posted a positive EBITDA of RM72 mil, in which
Slide 7: Aviation Group (AAAGL) 3Q22 Highlights
Aviation Group (AAAGL) 3Q22 Highlights 7 Second EBITDA positive signalling continuing upward swing REVENUE EBITDA ● Aviation segmental revenue was RM1,837 mil in 3Q22, up 685% YoY on Recovery 62% Recovery 16% the back of 1760% ASK growth and 1% higher RASK in USD (up 4% in MYR). This is utilising 68
Slide 8: Capacity Deployment Aligned with Demand
Capacity Deployment Aligned with Demand 8 Aiming to restore capacity to nearly pre-COVID levels and fully operate aircraft by 2Q23 Domestic International Domestic International Domestic International Pre-Covid Pre-Covid Level Level Pre-Covid Level Total Capacity to Total Capacity to pre-Covid 38% 44
Slide 9: The return of the World's best low-cost airline
The return of the World’s best low-cost airline 9 90% drop YoY in CASK ex-fuel CASK ex-fuel heading to pre-Covid level Operational CASK ex-fuel (US cent) Forecast 3Q22 CASK breakdown Fuel 14% Maintenance Costs 38% 2.99 2.61 2.79 2.25 User 12% Charge 4Q23E *CASK-ex fuel excludes reversal of impairmen
Slide 10: Asia Digital Engineering Highlights
Asia Digital Engineering Highlights 10 ADE thrived as travel resumes; expansion hangar to serve regional demand ● ADE recorded the segmental revenue of RM79.6 million, REVENUE EBITDA significant improvement of 217% as compared to the same Unit: RM million period last year. The company continues to r
Slide 11: Teleport Highlights
Teleport Highlights 11 Delivered first positive EBITDA, focus on delivery speed at lowest industry costs REVENUE EBITDA ● Teleport's 3Q22 segmental revenue was RM110 million, down 30% YoY but improved 12% QoQ, while posted EBITDA of RM5.1 30% Unit: RM million million improved significantly by 130% Y
Slide 12: airasia Super App Highlights
airasia Super App Highlights 12 Second consecutive quarter with positive EBITDA; Travel and Delivery gain momentum ● In 3Q22, airasia SuperApp posted segmental revenue of RM101.7 million, a REVENUE EBITDA significant improvement of 668% YoY and 24% QoQ with an EBITDA positive of RM15.8 million and E
Slide 13: BigPay Highlights
BigPay Highlights REVENUE EBITDA 13 Healthy growth in carded users and users spending improved Unit: RM million 54% ● Segmental revenue increased 54% YoY to RM8.5 mil, on the back of a 48% increase in BigPay's user base to 1.26 mil, higher spending per user and improved transaction fees in 3Q21 3Q22
Slide 14: Sustainability and Our Net Zero Strategy
Sustainability and Our Net Zero Strategy 14 Fleet Management ● Young fleet of avg 8.9 years ● Upgrade to A321neos from 2024 cuts emissions per seat by 20% Operational Eco-Efficiency ● Industry-leading programme resulting in lowest CO2/ASK in Asia Pacific ● Avoided 11,175 tonnes of CO2 (2021) = 186,2
Slide 15: Q&A
15 Q&A 15
Slide 16: Thank You
16 THANK YOU 16
Slide 17: Appendix
APPENDIX capital/A
Slide 18: 3Q22 Financial Highlights
3Q22 Financial Highlights vs pre-covid 10% 3Q191 3Q21 1Q22 2Q22 3Q22 18 vs pre-covid 64% 3Q21 1Q22 3Q191 2Q22 3Q22 1 3Q19 3Q21 1Q22 2Q22 3Q22 Group Revenue of RM1,961 mil increased 563% Group EBITDA of RM72 mil improved by 126% YoY, Group adjusted PBT2 loss of RM952 YoY, and 34% QoQ but down 33% QoQ
Slide 19: Ancillary income up 1412% YoY and 35% QoQ
Ancillary income up 1412% YoY and 35% QoQ 19 Personalisation based on data analytics improved ancillary target marketing Unit: RM million 1412% 3Q22 59% Ancillary Revenues ANCILLARY CHECKED PERFORMANCE BAGGAGE 7% 17% PROCESSING of Airline Unit: RM per pax 3Q21 3Q22 FEE Revenue 12% ● CHECKED BAGGAGE
Slide 20: 3Q22 Aviation Performance
3Q22 Aviation Performance 20 CONSOLIDATED AIRLINES ASSOCIATE AIRLINE MAA IAA PAA TAA Key Indicators 3Q22 3Q21 Change 3Q22 3Q21 Change 3Q22 3Q21 Change 3Q22 3Q21 Change Passengers Carried 4,840,319 155,668 3009% 1,068,900 15,332 6872% 1,219,055 180,971 574% 2,754,920 79,767 3354% Capacity 5,601,821 2
Slide 21: 9M22 YTD Aviation Performance
9M22 YTD Aviation Performance 21 CONSOLIDATED AIRLINES ASSOCIATE AIRLINE MAA IAA PAA TAA Key Indicators 9M22 9M21 Change 9M22 9M21 Change 9M22 9M21 Change 9M22 9M21 Change Passengers Carried 11,497,048 933,063 1132% 2,164,157 633581 242% 2,774,431 521,041 432% 5,890,387 1,779,493 231% Capacity 13,98
Slide 22: 3Q22 Digital Performance
3Q22 Digital Performance 22 Key Indicators 3Q22 3Q21 YoY 9M22 9M21 YoY Total Users (cumulative) 3,535,886 2,019,173 75.1% 3,535,886 2,019,173 75.1% Carded Users (cumulative) 1,262,523 853,564 47.9% 1,262,523 853,564 47.9% Monthly Active Users (MAU)('000) 9,537 3,653 161.0% 10,301 3,784 172.2% No. of