Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q4 2021 Earnings Presentation
16 slides from Dialog Axiata's earnings presentation, 2021
Slide 1: Dialog Axiata PLC Q4 2021 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q4 2021 Results an axiata company
Slide 2: Dialog Group Performance Highlights – FY 2021
DIALOG GROUP PERFORMANCE HIGHLIGHTS – FY 2021 The achievement of the financial performance was underpinned by well coordinated delivery of innovative and affordable service packs, superior network and customer experience. Capex Investments to Fulfil All Key Business Segments Aggressive Subscriber Gr
Slide 3: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 3
Slide 4: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn FY 2021 YTD 4Q 2021 QoQ YoY Revenue 141,915 +18% 37,124 +1% +15% EBITDA 58,772 +16% 15,291 -2% +7% PATAMI 17,061 +42% 4,587 -15% +33% OFCF 23,353 +28% 7,319 >+100% >+100% EBITDA Margin 41.4% -0.9pp 41.2% -1.2pp -3.3pp PAT Margin 12.0% +2.0pp 12.4% -2.3pp +1.7pp ROIC 17.
Slide 5: Group Revenue Delivered Strong Growth Across All Segments
GROUP REVENUE DELIVERED STRONG GROWTH ACROSS ALL SEGMENTS Positive Revenue Growth Across YTD, YoY and QoQ +18% +15% +1% 1 6 0 ,0 0 1 4 0 ,0 0 120,142 141,915 1 2 0 ,0 0 1 0 ,0 0 37,124 8 0 , 0 6 0 , 0 32,247 36,862 4 0 , 0 2 0 , 0 0 FY 2020 FY 2021 Q4 20 Q3 21 Q4 21 Revenue Mobile Revenue recorded g
Slide 6: Group EBITDA and PATAMI
GROUP EBITDA AND PATAMI YTD EBITDA Growth and Higher Margin Driven by Diligent YTD PATAMI Growth Resulting from Improved EBITDA and moderate Overall Cost Management Initiatives; QoQ drop driven by higher growth in Depreciation. QoQ Decline in PATAMI Owing to higher marketing and network related spen
Slide 7: Group Cost Breakdown
GROUP COST BREAKDOWN Q4 21 As % of Q3 21 As % of Q4 20 As % of FY 2021 As % of QoQ YoY YTD revenue revenue revenue revenue Total Cost Rs21,833Mn 58.8% Rs21,249Mn 57.6% Rs17,901Mn 55.5% Rs83,145Mn +1.2pp +3.2pp +0.9pp 58.6% Direct Expenses 28.3% 28.4% 24.1% 26.9% -0.1pp +4.2pp +2.3pp 1 Sales & Market
Slide 8: Capex Intensity at 22% While Operational FCF Up by 28% to Rs.23.3Bn
CAPEX INTENSITY AT 22% WHILE OPERATIONAL FCF UP BY 28% TO REACH Rs.23.3BN Investments are Directed Towards Expansion of Mobile and Fixed Data Networks Capex Investments Directed Towards Expanding Data Networks; Mobile 4G and Fixed LTE PoP Coverage Reached 95% and 71% (Rs Mn) +10% -58% -62% 31,670 28
Slide 9: Dialog Group Maintains a Strong Balance Sheet with Low Gearing
DIALOG GROUP MAINTAINS A STRONG BALANCE SHEET WITH LOW GEARING (Rs Mn) 31 Dec 21 30 Sep 21 31 Dec 20 Gross Debt 34,859 34,106 37,852 Net Debt 19,757 15,350 23,766 Cash and Cash Equivalents 19,851 18,756 14,086 Gross Debt / Equity (x) 0.37 0.39 0.46 Gross Debt/ EBITDA (x) 0.59 0.59 0.74 Net Debt/ EBI
Slide 10: Proposed Dividend Per Share Rs1.24; Dividend Yield of 11.4%
PROPOSED DIVIDEND PER SHARE RS1.24; DIVIDEND YIELD OF 11.4% | DPR 60% Progressively higher DPS maintained with a 65.6% increase from FY 2020 § The Board of Directors of Dialog Axiata PLC resolved to propose a cash dividend to ordinary shareholders of Rs 1.24 per share totaling to Rs10.2Bn for approv
Slide 11: Dialog Axiata PLC - Company Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 11
Slide 12: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Revenue Growth Driven by Voice and Data Segments Stable ARPU and Elevated MOUs maintained throughout the year FY 2021 (Rs Mn) +10% +7% (Rs) 50 0 2 0% 377 374 363 45 0 40 0 364 368 1 5% -0% 35 0 1 0% 82,249 90,959 30 0 25 0 180 179 179 188 172 5% 20 0 0% 2% 15 0 21,800 23,
Slide 13: Subsidiary Performance – Dialog Broadband and Dialog TV
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 13
Slide 14: Dialog Television
DIALOG TELEVISION DTV Achieved FY Positive PAT Resultant from Strong Revenue Growth, Cost Management and Stable Forex Subscription Revenue Driving Topline Performance along with Subscriber Growth led by Prepaid and Postpaid with Growing Advertising Revenue Improved Churn Management Drives Total subs
Slide 15: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Continues to Deliver Strong Growth on both Top and Bottom Line Strong Revenue Growth Driven by Fixed Broadband Coupled with Growth in International Wholesale Revenue EBITDA Improve amid Revenue Growth and Cost Management (Rs Mn) +39% | Fixed (+36%) Int. (+42%) +40% | Fixed
Slide 16: Thank you
Thank you For further information Contact : Investor relations Team, Dialog Axiata PLC Mobile : +94 777332052 Email : ir@dialog.lk Web site : www.dialog.lk 16