Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q3 2022 Earnings Presentation
15 slides from Dialog Axiata's earnings presentation, 2022
Slide 1: Dialog Axiata PLC Q3 2022 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q3 2022 Results an axiata company
Slide 2: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 2
Slide 3: Dialog Group Performance Highlights – Q3 2022
DIALOG GROUP PERFORMANCE HIGHLIGHTS – Q3 2022 Dialog Delivers Resilient Performance During the Quarter Capex Investments to Fulfil All Key Business Segments Aggressive Subscriber Growing Demand for Data Delivered Strong Growth YTD QoQ YoY Performance in Q3 22 Revenue +21% Q3 22 – Rs45.6Bn +5% +24% Y
Slide 4: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn YTD 2022 YTD 3Q 22 QoQ YoY Revenue 127,182 +21% 45,623 +5% +24% EBITDA 41,502 -5% 14,020 +10% -10% PATAMI (25,097) >-100% 3,243 >+100% -40% OFCF (2,088) >-100% (4,841) -41% >-100% EBITDA Margin 32.6% -8.9pp 30.7% +1.3pp -11.6pp PAT Margin -19.7% -31.6pp 7.1% +36.0pp -7.
Slide 5: Group Revenue
GROUP REVENUE Positive Revenue Growth Across YTD, YoY and QoQ +21% +24% +5% 140 ,000 127,182 120 ,000 104,791 100 ,000 80, 000 43,307 45,623 60, 000 36,862 40, 000 20, 000 0 YTD 21 YTD 22 Q3 21 Q2 22 Q3 22 Revenue Mobile Revenue increased due to Mobile Data Revenue up 8% QoQ and 12% YTD driven by in
Slide 6: Positive Top Line Performance Flowing Through to Profitability
POSITIVE TOP LINE PERFORMANCE FLOWING THROUGH TO PROFITABILITY QoQ EBITDA Growth Supported by Revenue Performance Q3 ‘22 PATAMI Turned Positive Supported by EBITDA Flow through and and Diligent Overall Cost Management; YTD EBITDA Decline Stable Forex; YTD PATAMI Impacted by Higher Forex Losses, Depr
Slide 7: Total Cost to Revenue Ratio Declined QoQ
TOTAL COST TO REVENUE RATIO DECLINED QOQ ALBEIT INCREASING YTD DUE TO USD DENOMINATED COST BASE AND INFLATIONARY PRESSURE Total Cost Savings of Rs8.0Bn YTD 2022 from Cost Management Initiatives Q3 22 As % of Q2 22 As % of Q3 21 As % of YTD 22 As % of QoQ YoY YTD revenue revenue revenue revenue Total
Slide 8: Focused Capex Investments to Accommodate Urgent Network Upgrades
FOCUSED CAPEX INVESTMENTS TO ACCOMMODATE URGENT NETWORK UPGRADES Capex Investments Made to Upgrade and Maintain Network Quality; Mobile 4G and Fixed LTE PoP Coverage Reached 95% and 71% Respectively (Rs Mn) +62% -3% +18% 40,076 40,0 00 35,0 00 30,0 00 24,704 18,221 17,631 25,0 00 20,0 00 14,957 15,0
Slide 9: Dialog Group Gross Debt Remained Stable QoQ; Net Debt to EBITDA at 0.96x
DIALOG GROUP GROSS DEBT REMAINED STABLE QOQ; NET DEBT TO EBITDA AT 0.96X (Rs Mn) 30 Sep 22 30 Jun 22 31 Dec 21 30 Sep 21 Gross Debt 82,574 82,389 34,859 34,106 USD denominated debt (in USD Mn’s) 196.5 195.8 90.5 98.6 Net Debt 53,241 42,174 19,757 15,350 Cash and Cash Equivalents 30,333 40,214 19,851
Slide 10: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 10
Slide 11: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Revenue Improvement Driven Strong Data Revenue Subscriber Growth moderated QoQ; YoY up 1% Performance Total subs growth 0% QoQ; +1% YoY (Rs Mn) (In ‘000) Postpaid subs growth 0% QoQ; +4% YoY +11% +13% Prepaid subs growth +1% QoQ; +1% YoY +3% 67,556 74,905 17,052 17,732 17
Slide 12: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 12
Slide 13: Dialog Television
DIALOG TELEVISION Revenue Growth Continue While Profitability Remain Impacted by Forex Driven Cost Escalation YoY Subscriber Growth Delivered by Expansion in Prepaid Subscription Revenue Driving Topline Performance also Supported Segment by Rate Revision Total subs growth -1% QoQ; +3% YoY Postpaid s
Slide 14: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Delivering Growth Across All Key Parameters Revenue Growth Underpinned by Fixed Broadband Revenue and Strong Performance in Q3 2022 Driven by Revenue Growth; YTD and International Wholesale Revenue Inline with Depreciating LKR YoY PAT impacted by Increase in Depreciation an
Slide 15: 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 15