Arn Media Limited · ASX:A1N
Arn Media — Shareholder Meeting (May 2022)
21 slides from Arn Media's shareholder meeting presentation, May 5, 2022
Slide 1: HT&E Limited Annual General Meeting
HT&E Limited Annual General Meeting 5 May 2022 Defining Audio Defining Audio May 2022 1
Slide 2: Chairman’s Address
Chairman’s Address Defining Audio May 2022 2
Slide 3: Delivering on strategic objectives for continued growth
Delivering on strategic objectives for continued growth • ARN remains the best performing audio business in Australia • Resolution of the Branch tax matter • Acquisition of a portfolio of radio stations from Grant Broadcasters • Exited oOh!Media realising $31m gain • Reinstated dividends • Accretive
Slide 4: Attractive Investor Proposition
Attractive Investor Proposition Continued ratings success Market leading talent, brands and content across all our distribution Track record as leading radio broadcaster channels - metro, regional and digital Growing commercial market share HT&E is well positioned to drive Delivers ARN a national ne
Slide 5: CEO’s Address
CEO’s Address Defining Audio Defining Audio May 2022 5
Slide 6: FY21 Financial Highlights
FY21 Financial Highlights Revenue1 EBITDA2 EBIT2 NPAT2 $225m $59.8m $45.9m $28.8m +16% +21% +41% +87% EPS2 Cash flow from Full Year Dividend 7.4cps operating activities3 10.4cps $34.2m Fully franked +89% +51% Final Dividend 3.9cps 1. On a like basis, excluding disposed businesses (iNC & The Roar) in
Slide 7: Other Investments performing strongly
Other Investments performing strongly Local currency A$ million 2021 2020 % change % change Total revenue 21.9 16.5 33% 44% Cody Outdoor – Hong Kong Total costs (11.3) (8.8) 29% 40% • Significantly improved trading performance for Cody Outdoor with advertiser confidence returning in H221 EBITDA 10.5
Slide 8: ARN – strong performance despite lockdowns
ARN – strong performance despite lockdowns A$ million 2021 2020 % Change % change Excl iNC and The Roar Radio 186.2 165.2 13% 13% Digital 9.4 8.9 5% 48% Total revenue 195.6 174.1 12% 14% Income – 0.7 (100%) (100%) Total revenue and income 195.6 174.8 12% 14% Cost of sales (32.9) (28.9) 14% 22% Peopl
Slide 9: Slide 9
Slide 10: The best in audio content, distribution and innovation
The best in audio content, distribution and Providing the most comprehensive audio experience for innovation our listeners and audio solutions for our advertising Scale; Multi-platform content; Digital data and targeting; Ease of transaction partners Content Distribution Commercialisation Superbrand
Slide 11: A dominant year marked by consistent ratings
A dominant year marked by consistent ratings #1 BROADCAST NETWORK 19 consecutive surveys NAT. METRO COMMERCIAL RADIO 2021-22 SHARE OF LISTENING ARN SCA NOVA ENT. NINE RADIO 20% 18% 16% 14% 12% 10% S1 S2 S3 S4 S5 S6 S7 S8 S1-22 S2-22 GfK Radio Ratings, Metro Commercial, S01 2021-S02 2022, Mon-Sun 05.
Slide 12: Australia’s #1 podcast network
Australia’s #1 podcast network • Digital audio momentum building • 37% of population listened to podcast monthly • Over 540m downloads in 2021 • No. 1 podcast publisher; 24 consecutive No. 1s • 7 of the top 10 podcasts • Strong results continue to 2022 • Implementing broadcast to podcast strategy 12
Slide 13: Regional Australia is a lucrative growth market
Regional Australia is a lucrative growth market 8 of the 10 fastest growing centres are in regional markets. 62% $2.5b of regional 25- $9.1b is spent on 54yo plan to regional spend hardware take a holiday on household supplies in within Australia furnishing and regional in the next year equipment Au
Slide 14: National network driving new opportunities
National network driving new opportunities A$ million CY19 CY20 CY21 FY21 Local 69 65 67 71 National 27 27 30 30 Digital 3 4 4 5 Revenue 99 96 101 105 58 46 33 Pro forma Revenue (1) 105 96 101 105 Stations DAB + Markets HT&E ARN Regional HT&E A$ million 2021 2021(3) 2021 Reported Pro forma Pro forma
Slide 15: Integration progress starting to yield results
Integration progress starting to yield results • Signed a contract to sell 4KQ to a subsidiary of Sports Entertainment Group Limited • The sale of 4KQ was required by the Australian Communications and Media Authority (ACMA) following HT&E’s acquisition of stations from Grant Broadcasters • Considera
Slide 16: Digital audio investments to provide future returns for shareholders
Digital audio investments to provide future returns for shareholders Podcasting Live Streaming CADA • Determined to capitalise on our already strong market position; important driver of future return for shareholders • Investment is being undertaken now, with the benefit of a returning radio market,
Slide 17: Australia’s creative culture leaders
Australia’s creative culture leaders CADA DIGITAL TALENT 15+ REACH 3.5M FLEX & FROOMES AVNEESHA HELENA Credible talent across disciplines Developing a loyal community by bringing together experts and creators across audience passions. Who are they? • Trusted voices in youth culture • TikTok supersta
Slide 18: Trading Update
Trading Update ARN Total radio revenues for Q1 improved month on month and finished up 5% driven by strong growth in regional (up 9%), with metro revenue in line with market (up 3%). Total radio revenues for Q2 are pacing well with April finishing ahead 9% and May pacing to achieve double digit incr
Slide 19: Thank You
Thank You 19 FY21 Results Presentation
Slide 20: Disclaimer
Disclaimer HT&E Limited (HT&E) does not accept any liability to any person, organisation or company for any loss or damage suffered as a result of reliance on this document. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements, and are subje
Slide 21: HT&E Limited / ABN 95 008 637 643
21 HT&E Limited / ABN 95 008 637 643