Saudi Telecom Co. · TADAWUL:7010
Saudi Telecom — FY2023 Earnings Presentation
20 slides from Saudi Telecom's earnings presentation, 2024
Slide 1: Financial Results Presentation FY 2023
Financial Results Presentation FY 2023 Investor Relations 2024
Slide 2: Key Messages
Key Messages Revenue 72.34 bn > Strong top-line performance resulting in achieving the highest yearly revenue in the Group’s history with a growth of 7.3%. Performance > Robust bottom-line performance increasing by 9.2%, which underscores stc’s financial health Net Profit *13.30 bn and sustainable e
Slide 3: Strategy Overview
Strategy Overview Investor Relations 2024 3
Slide 4: stc DARE Strategy
stc DARE Strategy ddigitize stc a accelerate r reinvent e expand scale performance experience and scope Instill digital mindset and unlock Maximize shareholder returns by Excite customers with a Grow by expanding into the potential of digital and transforming costs and monetizing seamless, p
Slide 5: "DARE" Strategy Achievements
“DARE” Strategy Achievements d digitize stc a accelerate performance r reinvent experience e expand scale and scope • Accelerated digital capabilities • 47.5% 5G coverage of KSA population and • Modernized infrastructure, to enable • stc Bank continues to grow with a 23.2% with development of 120+ m
Slide 6: Company Overview
Company Overview Investor Relations 2024 6
Slide 7: 2023 at-a-Glance
2023 at-a-Glance center3 & Alcatel Submarine Networks stc’s Brand Agreement with stc & Red Sea Value Alcatel Submarine Global Networks to connect Al-Khobar Land stc & Telefónica stc was ranked the most A strategic Saudi Arabia with valuable brand in the Completion of the stc acquired an partnership
Slide 8: Operational Highlights
Operational Highlights Investor Relations 2024 8
Slide 9: Operational Highlights
Operational Highlights Growth across the board for stc subscribers base, indicating how stc is well positioned to capture the market opportunities KSA Fixed Subscribers Mobile Subscribers Mobile Subscribers Mobile Subscribers (Millions) (Millions) (Millions) (Thousands) 10.94% 882 0.36% 2.3 2.3 27.0
Slide 10: Operational Highlights
Operational Highlights Maintaining the lead in every aspect of stc Business #1 #1 #1 1# in ICT segment in in consumer segment in in enterprise segment in rank as the most valuable Saudi Arabia Saudi Arabia Saudi Arabia telcom brand in the Middle East 5G Towers 5G Coverage Towers Under Data Centers M
Slide 11: Financial Performance
Financial Performance FY 2023 Investor Relations 2024 11
Slide 12: stc Group – Revenue and Gross Profit
stc Group – Revenue and Gross Profit 4.05% 7.27% (2.11%) - Achieving the highest revenue in stc’s Revenue 72.34 history 18.33 18.18 18.11 67.43 - YoY witnessed a healthy growth of 7.27%, 17.72 driven by an increase in commercial unit revenues by 5.1%, carriers and wholesale 17.03 unit revenues by 1.
Slide 13: stc Group – Breakdown by subsidiaries
stc Group – Breakdown by subsidiares 49.22 48.78 Revenue Breakdown For the year 2023 vs 2022 stc Group Revenue - stc Group's subsidiaries have SAR 72.337 in 2023 experienced substantial growth in Vs. revenue, with a notable increase of SAR 67.432 in 2022 14.19 23.9% compared to 2022. 11.45 11.04 8.8
Slide 14: stc Group – EBITDA
stc Group – EBITDA 1.18% (1.58%) EBITDA (19.92%) - EBITDA margin remains healthy at 34.1% for the year. Normalized EBITDA growth 25.08 is flat after excluding the provisions 6.95 24.68 6.34 5.82 - EBITDA, in absolute terms, has shown an 5.50 5.57 increase by 1.2% in Q4 2023 as compared 38.40% to Q4
Slide 15: stc Group – Net Profit
stc Group – Net Profit (17.51%) - Net profit of the year is considered the highest in stc’s history 9.24% (53.62%) Net Profit - Net profit for the year was positively impacted by the sale of the land and the *4.90 reversal of provision, totaling SAR 1.94 billion 13.30 Vs. a reversal of SAR 1.08 bill
Slide 16: Dividends and EPS
Dividends and EPS Price Vs. Yield Fluctuation Dividends policy 41 7.6% stc commits to pay a fixed minimum dividend of a SAR 0.4 per share per quarter effective 40 7.4% from Q4 2021 for three years. Furthermore, the company will consider and pay additional dividend, subject to stc BoD’s approval af
Slide 17: Appendix
Appendix Investor Relations 2024 17
Slide 18: Business Highlights
Business Highlights stc has been acknowledged as the most stc has announced the largest expansion of the 5G stc has signed a strategic partnership with Red Sea valuable telecom brand in the Middle East for network in history. Investments will be made to Global, marking a significant milestone.
Slide 19: Disclaimer
Disclaimer This presentation has been prepared as an informative guide that might assist interested parties in gaining an insight into the history and background of telecommunications within Saudi Arabia, as they relate to the Saudi Telecom Company (stc). Furthermore, it does not constitute an invit
Slide 20: Thank you
Stc Thank you
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