Slide 1: Tuas Limited: Results Presentation
20 September 2022 The Manager Market Announcements Office Australian Stock Exchange ELECTRONIC LODGEMENT Dear Sir or Madam Tuas Limited: Results Presentation In accordance with the Listing Rules of the Australian Securities Exchange, Tuas Limited (ASX: TUA) encloses for immediate release a presentat
Slide 2: Tuas Limited FY22 Results Presentation
Tuas Limited FY22 Results Presentation (1 August 2021 to 31 July 2022) 20 September 2022 Page 1
Slide 3: Agenda
Agenda 1. Financials 2. Business Updates 3. Outlook 4. Q&A N.B.: All reported numbers are in Singapore Dollars. Page 2
Slide 4: Tuas Group Financial Results
Tuas Group Financial Results 12 months 17 months (in S$’M) FY22 01/08/20- 11/03/20- 31/07/21 31/07/21 Revenue 57.4 32.2 34.3 EBITDA 15.5 (0.5) (2.4) NPAT (26.7) (28.2) (32.6) Tuas Group achieved positive EBITDA of $15.5M for the 12 months ending 31 July 2022. Page 3
Slide 5: Revenue and Subscribers
Revenue and Subscribers Revenue Performance • 78% YoY increase driven by growing subscriber base ARPU • $9.19 per month Subscriber Performance • 587,000 active subscriptions as of 31 July 2022 Page 4
Slide 6: Cash Flow
Cash Flow From 1 August 2021 to 31 July 2022 S’000 Cash and Term Deposits at 31 July 2021 94,583 Cash receipts from customers 64,021 Cash paid to suppliers and employees (41,490) Interest Received 44 Net cash from operating activities 22,575 Acquisition of Plant & Equipment (35,079) Acquisition Inta
Slide 7: Subscriber Growth
Subscriber Growth 172 FY20/21 282) a2 FY20/21 Subscribers ('000) 418 392 Q3 a4 Qi FY20/21 FY20/21 FY21/22 a2 FY21/22 540 Q3 FY21/22 TUAS Buling Better Connections 587 aa FY21/22 Page 6
Slide 8: 5G Updates
5G Updates • Network upgrade has begun and 5G sites will start carrying traffic on a technical trial basis starting October 2022. • Initial focus is on 5G NSA, given the state of the device ecosystem. • We target to launch 5G SA and VoNR in 1H 2023. • Coverage will reach 60% by end 2023. Page 7
Slide 9: Business Updates
Business Updates • Full and complete transition to the brand • Leading brand in value segments • Changed the perception of roaming Page 8
Slide 10: Outlook
Outlook • Continued subscriber growth in FY23 with 622K subs as at 14 September 2022 • CAPEX for FY23 expected to be in the range of $45m-$50m Page 9
Slide 11: This presentation contains forward-looking information
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 different from those
Slide 12: TUAS
TUAS Page 11