Tuas Ltd. · ASX:TUA
Tuas — H1 FY21/22 Earnings Presentation
14 slides from Tuas's earnings presentation, Mar 24, 2022
Slide 1: ASX cover letter: Half Year Financial Results Investor Presentation
24 March 2022 The Manager For personal use only Market Announcements Office Australian Stock Exchange ELECTRONIC LODGEMENT Dear Sir or Madam Tuas Limited releases Half Year Financial Results Investor Presentation In accordance with the Listing Rules of the Australian Securities Exchange, Tuas Limite
Slide 2: Tuas Limited 1st Half FY21/22 Results Presentation
For personal use only Tuas Limited 1st Half FY21/22 Results Presentation 24 March 2022 Page 1
Slide 3: Agenda
Agenda For personal use only 1. Financials 2. Business Updates 3. Outlook 4. Q&A N.B.: All reported numbers are in Singapore Dollars. Page 2
Slide 4: Tuas Limited Financial Updates
Tuas Limited Financial Updates For personal use only (in S$’m) 1H FY21/22 1H FY20/21 Revenue 25.6 12.0 EBITDA 6.3 (2.3) NPAT (13.4) (11.4) Tuas Limited achieved positive EBITDA of $6.3M for the 6 months ending 31 January 2022. Page 3
Slide 5: Revenue and Subscribers
Revenue and Subscribers For personal use only Revenue Performance • 113% increase for corresponding period driven by growing subscriber base. ARPU • ARPU is $9.42 per month. Subscriber Performance • 487,000 active subscriptions as of 31 January 2022. • Mobile market share of about 6.6%. Total number
Slide 6: Cash Flow
Cash Flow For personal use only For 1 August 2021 to 31 January 2022 S’000 Cash and Term Deposits at 31 July 2021 94,583 Cash receipts from customers 29,192 Cash paid to suppliers and employees (20,557) Interest Received 34 Net cash from operating activities 8,669 Acquisition of Plant & Equipment (2
Slide 7: Subscription Growth
Subscription Growth For personal use only Subscribers (‘000) Subscribers ('000) 500 487 400 418 392 300 358 282 200 172 100 0 Q1 FY20/21 Q2 FY20/21 Q3 FY20/21 Q4 FY20/21 Q1 FY21/22 Q2 FY21/22 Quarter • Subscriber base has recently crossed 500,000 milestone Page 6
Slide 8: Latest IMDA 4G QoS Readout
Latest IMDA 4G QoS Readout For personal use only • TPG Singapore / SIMBA fully expects to meet IMDA’s compliance standard of >99% for all road and MRT tunnels Ref: https://www.imda.gov.sg/regulations-and-licensing-listing/dealer-and-equipment-registration-framework/compliance-to-imda-standards/4g-se
Slide 9: Extensive Outdoor Infrastructure Build
Extensive Outdoor Infrastructure Build For personal use only About 1200 outdoor and indoor sites. Page 8
Slide 10: Infrastructure
Infrastructure For personal use only • As announced in November 2021, obtained 10MHz (2 x 5MHz paired lots) 5G spectrum in 2.1 GHz (n1) for a cost of $31m and allocated as follows: • Expiry date of 31 December 2036 • 5G n1 network planning and technical trials underway • Expected launch of 5G Standa
Slide 11: Product and Business Updates
Product and Business Updates For personal use only • Launch of 2 new products: • Expanded sales channels to target in-bound travelers Page 10
Slide 12: Outlook
Outlook For personal use only • Continue to invest in growth • Expected launch of 5G Standalone services in 2022 • Rise in wholesale electricity rates will impact network opex • Keeping to current FY21/22 capex guidance with initial 5G ramp Page 11
Slide 13: For personal use only
For personal use only This presentation contains certain forward-looking and unaudited information. Such information is based on estimates and assumptions that, whilst considered reasonable by the company, are subject to risks and uncertainties. Actual results and achievements could be significantly
Slide 14: Q&A
For personal use only Q&A Page 13