Viaplay Group Ab Class A · OMXSTO:VPLAY_A
Viaplay Group Ab Class A — Q4 2022 Earnings Presentation
14 slides from Viaplay Group Ab Class A's earnings presentation, Jun 2, 2023
Slide 1: Results Presentation Q4 2022
Results Presentation Q4 2022
Slide 2: Q4 Key highlights
Q4 Key highlights Viaplat Film ”Hilma” by Lasse Hallström awarded Movie of the year at the Swedish QX Gala 2 Q4 2022 RESULTS PRESENTATION
Slide 3: Q4 Group performance summary
Q4 Group performance summary • 24% Group organic sales growth with 73% Viaplay organic sales growth • SEK -420m (-219) EBIT impact of Viaplay International expansion 48% 29% • Operating income before associated company income and items affecting comparability of SEK -284m (121) • Total operating inc
Slide 4: Viaplay performance
Viaplay performance • 83% YoY subscriber growth with 890k subscribers added QoQ and 3,313k YoY • Reached 2022 FY target of 7.3mn subscribers with 1.2mn in both Poland and Netherlands • New or extended distribution partnerships in most markets • Temporary increase in churn due to World Cup and suspen
Slide 5: Linear subscription & other, Advertising
Linear subscription & other, Advertising • Up 7% on organic basis to account for 29% of Group revenues Comments • Wholesale growth driven by extended distribution agreements and price increases. Sublicensing and Studio revenues also growing • Down 9% on organic basis to account for 23% of Group reve
Slide 6: Viaplay Originals
Viaplay Originals 6 Q4 2022 RESULTS PRESENTATION
Slide 7: New & extended sports rights & partnerships
New & extended sports rights & partnerships 7 Q4 2022 RESULTS PRESENTATION
Slide 8: Sustainable production & rights; Recognition, ranking and compliance
Sustainable production & rights • Supplier engagement, pulse surveys and third-party sustainability audits conducted to safeguard responsible content production – four key productions audited in 2022 • Original storytelling highlights societal topics such as the war in Ukraine, women’s empowerment a
Slide 9: Allente update
Allente update EBITDA before IAC 362 Depreciation and amortisation -139 EBIT before IAC 223 Items affecting comparability -1 EBIT 222 Net income 156 Viaplay Group 50% share 78 Net debt position (end of period) 1,938 # of subscribers 1,040k Comments • Viaplay Group received SEK 200m cash dividend in
Slide 10: Cash flow & Financial position
Cash flow & Financial position Cash flow from operations -102 318 304 1,294 Total borrowings 3,900 Change in working capital -345 391 -3,305 -817 Cash & cash equivalents 2,775 Net operating cash flow -447 710 -3,001 477 Net debt (including net lease liabilities) 1.482 Capital expenditure* -58 -52 -1
Slide 11: Long-term targets
Long-term targets Group sales growth1) ~16-19% CAGR 2020-2025 Nordic sales growth1) ~10-12% CAGR 2020-2025 Viaplay subscribers ~12 million by end of 2025 ~13% margin for 2025 with positive result for Group EBIT (excluding ACI & IAC) International operations already in 2024, ~20% long- term margin fo
Slide 12: Short-term outlook
Short-term outlook 2023 Group organic sales growth ~24-26% (excl FX & Premier Sports) 2023 Nordic organic sales growth ~12-15% Viaplay subscribers at end of 2023 ~9.0 million, of which ~5.0m Nordic and ~4.0m International 2023 Nordic EBIT (excluding ACI & IAC) ~SEK 1.2-1.35 bn 2023 International EBI
Slide 13: Next chapter
Next chapter Viaplay Group has extended its exclusive rights to MotoGP™ motorcycle racing in all Nordic countries 13 Q4 2022 RESULTS PRESENTATION
Slide 14: investors@viaplaygroup.com
investors@viaplaygroup.com This interim report contains statements concerning, among other things, Viaplay Group's financial condition and results of operations that are forward-looking in nature. Such statements are not historical facts but, rather, represent Viaplay Group's future expectations. Vi