Vodafone Qatar Qsc · QSE:VFQS

Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — Q1 FY2022 Earnings Presentation

17 slides from Vodafone Qatar Qsc's earnings presentation, Apr 27, 2022

  1. Slide 1: Financial results: Three months ended 31 March 2022

    Vodafone Qatar P.Q.S.C. Financial results: Three months ended 31 March 2022 27 April 2022 C3 Confidential

  2. Slide 2: Disclaimer

    2 Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation m

  3. Slide 3: Quarterly

    QUARTERLY Hamad Al Thani Chief Executive Officer C3 Confidential

  4. Slide 4: Executive Summary Key Messages

    4 Executive Summary Key Messages Turnaround Strategy Capturing Revenue Investment in Network Enhanced Customer is On Track Market Share with Driving Performance Gains Experience and Healthier Revenue Mix Digitalization Q1 FY’22 Total Revenue Revenue Market Share +50% Radio Access Consistently Growin

  5. Slide 5: Financial

    FINANCIAL Masroor Anjum Chief Financial Officer C3 Confidential

  6. Slide 6: Q1 FY 2022 Financial Performance Highlights

    6 Q1 FY 2022 Financial Performance Highlights Strong Revenue growth YoY Continuing profitability growth • Total Revenue grows 24.8% Cost control Strong subscriber growth led by service revenue • EBITDA QR 301m, 28.4% growth and projects • Despite significant growth YoY • Mobility subscribers grew ex

  7. Slide 7: Q1 FY 2022 Financial Performance

    7 Q1 FY 2022 Financial Performance Year on Year | QRm Total Revenue Expenses EBITDA Net Profit 24.8% +22.4% +28.4% +62.7% 731 430 301 107 119 +14.5% 585 351 170 234 51 153 66 611 534 259 198 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 Service revenue Equipment revenue Direct cost

  8. Slide 8: Service Revenue

    8 Q1 FY 2022 Financial Performance Service Revenue | QRm Postpaid Revenue Prepaid Revenue Total Service Revenue +13.3% +7.3% +14.5% 317 +5% 150 147 611 +2% 137 600 301 132 131 -2% 285 283 552 279 544 534 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 FY21 Q1 FY21 Q2

  9. Slide 9: EBITDA and EBITDA Margin Trends

    9 Q1 FY 2022 Financial Performance EBITDA and EBITDA Margin Trends EBITDA (QRm) EBITDA Margin % 47.3% 301 43.1% CAGR +22% 234 39.2% 41.2% 200 35.8% 40.0% 181 37.0% 135 33.8% 27.5% 25.3% FY18 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY18 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 Reported EBITDA Margin EBITDA Marg

  10. Slide 10: Net Profit and Net Profit Margin Trends

    10 Q1 FY 2022 Financial Performance Net Profit and Net Profit Margin Trends Net Profit (QRm) Net Profit Margin % +3.4 ppts 107 14.7% +63% CAGR +57% 66 11.3% 48 8.9% 44 8.1% 17 3.3% FY18 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY18 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 • 1 Net profit grew at CAGR of 57% sinc

  11. Slide 11: CAPEX

    11 Q1 FY 2022 Financial Performance CAPEX | QRm Total CAPEX CAPEX Mix Capacity run and maintenance 23.4% 7 Coverage,expansion 5 & others 15.5% 15.0% 182 15.0% Capabilities & IT Transformation 8.3% 110 89 87 49 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 98 Total CAPEX CAPEX Intensity CAPEX investment QR

  12. Slide 12: Consolidated Statement of Income Three months ended 31 March 2022

    12 Consolidated Statement of Income Three months ended 31 March 2022 Three months ended QR m (unless otherwise stated) 31 Mar 22 31 Mar 21 YoY • Total revenue 24.8% (or QR 145m) higher led by increase Consumer revenue 395 353 42 in service revenue of 14.5% driven by continued growth in fixed and mob

  13. Slide 13: C3 Confidential

    C3 Confidential

  14. Slide 14: Consolidated Statement of Financial Position As at 31 March 2022

    14 Consolidated Statement of Financial Position As at 31 March 2022 QR m (unless otherwise stated) 31 Mar 22 31 Dec 21 Var Assets Property, plant and equipment 1,642 1,638 5 Intangible assets 4,128 4,169 (41) • Property, plant and equipment and intangible assets decreased by QR 36m due to depreciati

  15. Slide 15: Mobility ARPU

    15 Q1 FY 2022 Financial Performance Mobility ARPU* | QR -4.7 83 81 79 80 78 -3% Mobility ARPU decreased QR 4.7 YoY as a result of increase in prepaid subscriber mix in the overall customer base FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 *The previously reported ARPU is restated to exclude any revenue f

  16. Slide 16: Mobile Customers & Net Debt

    16 Q1 FY 2022 Financial Performance Mobile Customers & Net Debt Mobile Customers Net Debt (‘000) (QRm) +18.6% -78m 2,013 +4.1% 758 743 1,934 644 665 1,797 1,697 1,714 523 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1

  17. Slide 17: For more information visit our website

    For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com C3 Confidential

Vodafone Qatar P.Q.S.C. — Q1 FY2022 Earnings Presentation on 6ix