Etihad Etisalat Co. · TADAWUL:7020
Etihad Etisalat — Q2 2025 Earnings Presentation
19 slides from Etihad Etisalat's earnings presentation, Jul 28, 2025
Slide 1: Earnings Presentation Q2 2025
, Etihad Etisalat Investor Relations Mobily July 28, 2025 Earnings Presentation Q2 2025
Slide 2: Disclaimer
Disclaimer This document has been prepared by Mobily (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairne
Slide 3: Content
01 Saudi Regulatory and Telecom Environment 02 H1-25 in Review 03 Strategy 2023+ 04 Operational Performance Highlights Content 05 Financial Performance Highlights 06 Key Financial Highlights 07 FY-25 Performance Guidance 08 APPENDIX: Sustainability at Mobily
Slide 4: Saudi Regulatory and Telecom Environment
KSA annual inflation 1 TASI and TTSI 2.3% 2.2% 15,000 1.7% 1.9% 1.5% -4.4% and 10,000 2.2% +15.5% YTD 5,000 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 30-June-24 30-Sep-24 31-Dec-24 31-Mar-25 30-June-25 TASI TTSI 3M and 6M SAIBAOR Mobily share price performance 5.4% 6.3% 5.6% 5.6% 5.5% 5.4% +16.4% 51.7 51.4 53.4
Slide 5: H1-25 in Review
Awarded the Fastest Growing Collaborated Announced with Children’s 30 9 an 5 Telecom 26 2 17 Brand in the Care Center to JAN Signed FEB investment of MAR MAY Sustained JUN JUN Middle East, offer quality multiple key over robust ESG marking a care for agreements 3.4 billion performance 140% children
Slide 6: Evolve into the TMT company of the future
Transform the business to address new opportunities in the TMT industry Achieve total Expand 5G experience rollout and leadership network coverage Evolve into the TMT company of the future Repositioning Increase to be a leader in market share new trends Ensure commitment to achieve ESG performance e
Slide 7: Business
Business ▪ Expanded ICT partnerships to ▪ Recognized as the “Leading ▪ Signed multiple strategic deliver a comprehensive end-to- Network” in Saudi Arabia for agreements and MoUs to expand end B2B solutions quality, consistency, and global partnerships and deliver service experience – based on advanc
Slide 8: Financial Performance Highlights
Revenue EBITDA Net Income CAPEX 4,828 1,823 830 566 Strong achievements in our financial KPI’s: o Revenue momentum strengthened across all segments o Robust EBITDA level supported by revenue growth and operational efficiency o Net Income rose 25.6% YoY Leadership in Enriching o CAPEX targeting frequ
Slide 9: Revenues rose 8.1% YoY to 4,828 million
( Million) +8.1% +1.1% +6.6% 4,697 4,777 4,828 9,606 4,465 4,499 9,011 Revenues rose 8.1% YoY and 1.1% QoQ to 4,828 million: 2,992 3,028 3,012 6,041 2,838 2,829 5,770 ▪ All revenue streams contributed to the YoY growth ▪ The growth QoQ was mainly attributed to the increase in Business and Wholesale
Slide 10: Mobile and FTTH Subscribers
Mobile Subscribers FTTH Subscribers +5.0 -1.5% -3.0% -1.4% 13.0 12.8 0.298 0.285 0.293 0.289 12.2 11.7 12.3 0.283 2.0 2.0 Postpaid 1.9 1.9 2.0 Prepaid 10.2 10.3 11.0 10.8 9.8 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Mobile subscribers grew 5.0% YoY, but decline
Slide 11: EBITDA
EBITDA ( Million) +10.5% +2.7% 2,047 +9.0% 1,846 1,823 3,598 1,775 1,650 3,301 EBITDA increased 10.5% YoY and 2.7% QoQ to 1,823 million: ▪ Top-line growth, coupled with operational efficiency 43.6% ▪ EBITDA Margin reached a solid level at 37.8% 41.0% 37.1% 37.8% 37.5% 37.0% 36.6% EBITDA increased 9.
Slide 12: CAPEX
CAPEX ( Million) +342.8% 2,697 2,578 2,130 CAPEX increased by 342.8% YoY to 2,697 million: ▪ Investments made in the future of connectivity by expanding 5G network and enhancing frequency spectrums 1,080 44.6% 28.1% ▪ Strategic investment allows Mobily to offer its 609 customers the latest and most
Slide 13: Free Cash Flow (EBITDA – CAPEX)
Free Cash Flow (EBITDA – CAPEX) ( Million) -66.5% -0.6% +453.5% 2,693 1,375 1,264 1,257 ▪ Free Cash Flow reached 1,257 million, reflecting the increase in spectrum-related CAPEX. Normalizing for this impact, FCF would have recorded a growth this quarter 6M-25 Free Cash Flow decreased to reach 901 mi
Slide 14: Gross Debt and Net Debt
Gross Debt ( Million) Net Debt ( Million) +9.3% -0.7% +9.2% +7.1% 10,885 10,806 6,830 6,884 6,409 6,965 7,457 9,891 9,659 9,595 1.01x 0.98x 0.89x 0.95x 1.00x 6M 2024 9M 2024 12M 2024 3M 2025 6M 2025 6M 2024 9M 2024 12M 2024 3M 2025 6M 2025 Net Debt/EBITDA ▪ Gross Debt increased by 9.3% YoY, but decl
Slide 15: Net Income
Net Income ( Million) +8.3% +22.9% +25.6% 979 1,597 829 830 ▪ Net Income increased by 25.6% YoY and 8.3% QoQ to 767 1,299 661 reach 830 million, driven by higher revenue and EBITDA growth ▪ Net Income grew by 22.9% 6M-25 reaching 1,597 million ▪ Net other expenses fell due to the higher company shar
Slide 16: FY-25 Performance Guidance
6M-25 Actual FY-25 Guidance Mid- to high- single 6.6% Revenue Growth digit growth 37.5% EBITDA Margin 37-38% 1.0x Net Debt/EBITDA 1.0x 28.1% CAPEX Intensity 16-18% Earnings Presentation | Q2 2025
Slide 17: Q&A
Q&A Earnings Presentation | Q2 2025
Slide 18: Thank You
Thank You Read more about Mobily through Get in touch with Mobily’s IR team: our recent 2024 IR Email IR Webpage IR App Annual Report IRD@mobily.com.sa IR Phone 0560314099
Slide 19: Sustainability at Mobily
Sustained ‘AA’ in MSCI Zero waste to Collaborated to Invested in employee Partnered with ESG Index – highest- landfill across all expand rural well-being and Jood Eskan to rated Mobily operations telecom access, engagement encourage company in MENA covering over activities, elevating donations and r
Etihad Etisalat Co. (Mobily) — Q2 2025 Earnings Presentation on 6ix