Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A · BMV:MEGA/CPO
Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A — Megacable Holdings — Q2 2025 Earnings Presentation
15 slides from Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A's earnings presentation, Jul 20, 2025
Slide 1: 2Q25 Earnings Conference Call
Megacable Holdings S.A.B. de C.V. 2Q25 Earnings Conference Call
Slide 2: 2Q25 Highlights
2Q25 Highlights QUARTERLY MILESTONES • Record Mass Market Revenue: Achieved Ps. 7.4 billion – our highest figure ever, +10.6% YoY. VISION • Net Income Recovery: Strong rebound with Ps. 768 million — highest in last year, growing 34.4% Network Fiber deployment YoY. modernization in new regions • Sust
Slide 3: Operative Results
Operative Results ~~
Slide 4: Operative Highlights
Operative Highlights During the last • Subscribers: We continue to expand our user base, driven by enhanced service quality and quarter, Megacable ongoing coverage expansion. maintained a solid • Revenue and Profitability: Subscriber growth growth trajectory, translated directly into solid financial
Slide 5: Mass Market
Mass Market Unique Subscribers RGUs (Figures in thousands) (Figures in thousands) +11% +9% 14,402 5,742 5,178 13,198 2Q24 2Q25 2Q24 2Q25 • +565k net adds when compared to 2Q24 • +1.2 million net adds compared to 2Q24 • +129k new subscribers at the quarter-end • +311k additions in this quarter • Subs
Slide 6: Operative Results – Suscribers & Net Adds
Operative Results – Suscribers & Net Adds Internet Telephony Video (Figures in thousands) (Figures in thousands) (Figures in thousands) +12% +14% 0% 5,545 4,984 3,873 3,869 4,964 4,365 2Q24 2Q25 2Q24 2Q25 2Q24 2Q25 • +581k net adds when • +619k net adds when • +4k net adds when compared compared ann
Slide 7: Operative Results – Suscribers & Net Adds
Operative Results – Suscribers & Net Adds Xview Suscribers Mobile Services (Figures in thousands) (Figures in thousands) +13% +32% 3,633 620 469 3,230 2Q24 2Q25 2Q24 2Q25 • +404k net adds when • +151k net adds when compared to 2Q24 compared to 2Q24 • +112k new subscribers at the • +44k additions in
Slide 8: ARPU & Churn
ARPU & Churn ARPU per Unique Subscriber Churn rate MXN 0% 2.3% 2.3% 2.5% 2.5% 421.9 421.6 1.9% 421.0 2.6% 2.5% 2.4% 2.3% 2.1% 418.9 2.1% 2.1% 2.2% 2.0% 1.7% 417.5 2Q24 3Q24 4Q24 1Q25 2Q25 Internet Video Telephony 2Q24 3Q24 4Q24 1Q25 2Q25 • ARPU increased to Ps. 421.0, slightly • Mixed performance ma
Slide 9: Financial Results
Financial Results ~~
Slide 10: Quarterly Financial Information
Quarterly Financial Information Revenues EBITDA Net Income (Figures in millions) (Figures in millions) (Figures in millions) +7% +10% +34% 3,984 768 8,700 3,954 723 8,505 8,607 8,136 8,216 571 17% 16% 15% 3,765 500 524 18% 17% 3,606 3,579 46.3% 45.4% 83% 84% 85% 44.3% 44.3% 82% 83% 43.6% 2Q24 3Q24 4
Slide 11: Leverage
Leverage Net Debt (Figures in millions) +7% 23,446 Solid Leverage Position 22,012 21,951 21,961 • Temporary increase in leverage, driven 21,076 by lower cash after Ps. 2.9 billion dividend payment (DY 6%) 1.57 • Among the lowest leverage levels in the 1.54 1.56 1.50 industry 1.41 • 100% of debt deno
Slide 12: CAPEX
CAPEX Quarterly CAPEX (Figures in millions) -30% Disciplined Capital Allocation 2,748 2,755 2,483 2,308 • Marked slowdown in quarterly CAPEX, reflecting efficient execution 1,910 • Below full-year CAPEX target between 27-28% of revenue 33.8% 33.5% • Sequential decline of 17%, driven by 29.2% 26.8% n
Slide 13: Free Cash Flow
Free Cash Flow EBITDA - CAPEX (Figures in millions) 23.5% 19.5% 16.6% 15.1% 10.5% 10.0% 4.8% 2,043 1,676 1,326 1,281 858 824 357 -6.5% -7.6% -487 -596 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 EBITDA - CAPEX % Revenue Strong Cash Generation Focus • Highest EBITDA – CAPEX figure in recent years •
Slide 14: Q&A
Q&A 14
Slide 15: CONTACT
CONTACT Esaú Gallegos investor.relations@megacable.com.mx Phone: (+52) 33 3750 0020 ext. 61091 15