Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q3 2021 Earnings Presentation
16 slides from Corus Entertainment Inc. Class B's earnings presentation, Jun 29, 2021
Slide 1: Fiscal 2021 Third Quarter Earnings Conference Call
Fiscal 2021 Third Quarter Earnings Conference Call Tuesday, June 29, 2021 | 8 a.m. ET
Slide 2: Safe Harbour Disclosure Forward-looking Statements
Safe Harbour Disclosure Forward-looking Statements This presentation contains forward-looking information and should be read subject to the following cautionary language: To the extent any statements made in this presentation contain information that is not historical, these statements are forward-l
Slide 3: Q3 Fiscal 2021 Highlights
Q3 Fiscal 2021 Highlights $403 $131 million million consolidated revenues consolidated segment profit $65 2.82x million net debt to segment profit free cash flow Fiscal 2021 Third Quarter Earnings Conference Call | 3
Slide 4: Strongest Fall Schedule In Many Years
Strongest Fall Schedule In Many Years 18 hours of simulcast every week Fiscal 2021 Third Quarter Earnings Conference Call | 4
Slide 5: Great Specialty Line-up
Great Specialty Line-up THE LOST SYMBOL ROCK SOLID BUILDS Fiscal 2021 Third Quarter Earnings Conference Call | 5
Slide 6: Robust Production Slate
Robust Production Slate RUST VALLEY RESTORERS SCOTTS VACATION GUT JOB BIG TIMBER HOUSE RULES 23 series confirmed for fiscal 2022 Fiscal 2021 Third Quarter Earnings Conference Call | 6
Slide 7: Robust Production Slate
Robust Production Slate BEST & BESTER SUPER WISH 30+ series in production or development Fiscal 2021 Third Quarter Earnings Conference Call | 7
Slide 8: Strong Growth on New Platforms
Strong Growth on New Platforms One app’s got it all. 600,000+ paying subscribers Download Now. Stream Anytime. Global TV App is gaining traction • Robust demand for video on demand advertising inventory • Accessed by 1.5 million+ unique video devices on a quarterly basis, up 17% over the prior year
Slide 9: Transforming How Television is Sold
Transforming How Television is Sold Common Audience Segments NEW APPetizing FIRST IN GOOD HEALTH AND I❤ TECHNOPHILES TRUCKIN’ LINE SPORTS BEAUTY SAMPLERS PLANET EARTH GROCERY BIG FASHIONISTAS DEEP SMALL SUVers GREAT MY NEW LOOKING HOME KEEPIN’ SPENDER POCKETS CARS GETAWAYS RIDES BEAUTIFUL IMPROVERS
Slide 10: Significant Progress on Financial Priorities
Significant Progress on Financial Priorities Significant Progress on De-leveraging • Solid free cash flow of 3.22x $65 million for the third quarter 3.18x 3.14x • Net debt to segment profit of 2.82 times at May 31, 2021, 3.02x down from 3.18 times at August 31, 2020 Net Debt to • Dividend of $0.06 p
Slide 11: Q3 Fiscal 2021 Consolidated Results
Q3 Fiscal 2021 Consolidated Results (in millions of dollars except percentages and per share amounts) • Strong operating Q3-2021 %Chg execution with significant revenue and segment Consolidated revenues 403 15 profit growth across all Consolidated segment profit1,3 131 17 businesses • Double-digit g
Slide 12: Q3 Fiscal 2021 Television Results
Q3 Fiscal 2021 Television Results (in millions of dollars except percentages) • Significant advertising Q3-2021 %Chg revenue recovery Segment revenues 380 15 • Subscriber revenues reflect strong uptake of STACKTV Advertising revenues 233 22 and Nick+ (now with >600,000 paying subscribers) Subscriber
Slide 13: Q3 Fiscal 2021 Revenue Performance Metrics
Q3 Fiscal 2021 Revenue Performance Metrics New Platform Optimized Advertising 38% 10% Revenues1 40% Revenues1 % of TV Advertising and Subscriber Revenues 8% 35% % of TV Advertising Revenues 8% 30% 6% 25% 20% 4% 15% 2% 10% 0 0 Fiscal Fiscal Q1 Q2 Q3 Q4 Q1 Q2 Q3 Fiscal Fiscal Q1 Q2 Q3 Q4 Q1 Q2 Q3 2018
Slide 14: Q3 Fiscal 2021 Radio Results
Q3 Fiscal 2021 Radio Results (in millions of dollars except percentages) • Significant advertising Q3-2021 %Chg revenue recovery Segment Revenues 23 31 • Focus on disciplined cost management Segment profit1 1 n/m Segment profit margin1 6% 16 pts 1 Segment profit and segment profit margin do not have
Slide 15: Delivering strong consolidated revenue growth
Delivering strong consolidated revenue growth • Global has unveiled the best fall schedule in many years • Canada is getting back to business, driving significant advertising demand • Streaming business is driving increased paying subscribers (100,000+ since April 9, 2021) • Robust content productio
Slide 16: Fiscal 2021 Third Quarter Earnings Conference Call Q&A
Fiscal 2021 Third Quarter Earnings Conference Call Tuesday, June 29, 2021 | 8 a.m. ET Q&A