Cell C Holdings Ltd. · JSE:CCD
Cell C — H1 FY24/25 Earnings Presentation
10 slides from Cell C's earnings presentation, Feb 20, 2025
Slide 1: Blue Label Telecoms Half Year Results – Cell C Performance
Blue Label Telecoms Half Year Results Cell C Performance Unaudited financial results for the 6 months ended 30 November 2024 (FY24/25) Date: 20 February 2025
Slide 2: FY24/25 H1 Key highlights
FY24/25 H1 Key highlights Executing on strategic priorities drove double digit growth Robust financial performance CAPEX light model yielding positive results Stellar performance in the MVNO Business Brand performance showing significant momentum Awarded best overall Video Experience in South Africa
Slide 3: Executing on our strategic priorities driving double-digit growth YoY
Executing on our strategic priorities driving double-digit growth YoY Total Revenue EBITDA Address Network Quality & Perception +13% +87% Service Revenue Gross Margin Reinforce Value Perception to Drive Growth +7% +23% Broadband Revenue Cash Balance Leverage Partnerships to Boost Revenue +26% +111%
Slide 4: Robust financial performance leading to sustainable growth and profitability YoY
Robust financial performance leading to sustainable growth and profitability YoY IFR Nov’23 Nov’24 Nov’23 Nov’24 Nov’23 Nov’24 Revenue R'm YoY Gross Margin R'm YoY EBITDA R'm ▪ Total Revenue +13% ▪ Gross Margin +23% ▪ Improved profitability +87% ▪ Service Revenue +7% ▪ Optimised commercials in capac
Slide 5: Performance remains solid with IFRS adjustments included
Performance remains solid with IFRS adjustments included IFR Nov’23 Nov’24 Nov’23 Nov’24 Nov’23 Nov’24 Revenue R'm YoY Gross Margin R'm YoY EBITDA R'm ▪ Service Revenue +8% ▪ Gross Margin +27% ▪ Improved profitability +79% on IFRS ▪ Prepaid revenue +4% ▪ Gross Margin as a % +7% ▪ EBITDA margin at 13
Slide 6: Solid performance in the MVNO Business
Solid performance in the MVNO Business MVNO Revenue contribution to overall business MVNO Voice 10,20% +10% MVNO Data 8,90% +92% Nov'23 Nov'24 MVNO Customer (HLR) +20% Note: Unaudited Non-IFRS Financial Results
Slide 7: Balance sheet continues to show improvements
Balance sheet continues to show improvements R ’m % change Total assets 3 851 +71% Total Liabilities 14 452 +4% Equity -10 600 +9% • Total Assets: Continuing with asset-light model. • Total Liabilities: Increase in line with loan movements. Total Shareholder debt (secured and unsecured) makes up 50%
Slide 8: Brand performance showing significant momentum
Brand performance showing significant momentum
Slide 9: Key opportunities to further fuel growth
Key opportunities to further fuel growth 1. Continue to execute on our Strategic Priorities 2. Full Postpaid Business integration 3. Investment in digital platforms & capabilities 4. Continue driving high-performance & values-driven culture 5. Further accelerate growth in MVNO & scale B2B 6. Leverag
Slide 10: Thank You!
4 Thank You!