Slide 1: Investor Briefing: Earnings for Q1, 2023
Investor Briefing Earnings for Q1, 2023 2023. 5. 10.
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations, and business of SK Telecom (the “Company”, or “SKT”) and its subsidiaries, and plans and objectives of the management of the Company. The forward-looking statements are in
Slide 3: Agenda
1Q23 Financial Results Business Highlights Shareholder Return Appendix
Slide 4: 1Q23 Financial Results: Consolidated
1Q23 Financial Results Consolidated Continued YoY growth thanks to MNO revenue growth of SKT and solid B2B revenue growth of SKB Consolidated Income Statement Key Metrics (KRW bn) 1Q23 1Q22 YoY 4Q22 QoQ OP & margin (KRW bn) Revenue 4,372 4,277 2.2% 4,394 △0.5% - SKT 3,117 3,077 1.3% 3,096 0.7% 495 -
Slide 5: 1Q23 Financial Results: Non-consolidated
1Q23 Financial Results Non-consolidated Improved profitability thanks to stabilization of major expenses such as marketing and depreciation costs Non-consolidated Income Statement Key Metrics (KRW bn) 1Q23 1Q22 YoY 4Q22 QoQ OP & margin (KRW bn) Revenue 3,117 3,077 1.3% 3,096 0.7% - MNO 2,627 2,587 1
Slide 6: 1Q23 Financial Results: SK Broadband
1Q23 Financial Results SK Broadband Revenue improved YoY on the back of solid growth of pay tv subscriber base and strategy to expand the share of broadband Consolidated Income Statement Key Metrics (KRW bn) 1Q23 1Q22 YoY 4Q22 QoQ OP & margin (KRW bn) Revenue 1,062 1,026 3.5% 1,053 0.8% - Pay tv 472
Slide 7: Business Highlights
1Q23 Financial Results Business Highlights Shareholder Return Appendix
Slide 8: Business Highlights: Fixed & Mobile
Business Highlights Fixed & Mobile 5G subscribers & portion Marketing expense (million) (KRW bn) Solid 5G subscriber growth amid stable market conditions Up 1.6% YoY due to increased ad campaigns on new services 14.1 13.4 798 12.5 11.7 762 10.9 758 757 745 61% 58% 53% 50% 46% 1Q22 2Q22 3Q22 4Q22 1Q2
Slide 9: Business Highlights: Media
Business Highlights Media Media revenue (KRW bn) PPM1) subscribers (1,000) 403 395 393 382 1,411 2)) 1,411 2) 1,367 1,370 1,322 357 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 1) Pay Per Month 2) Subscriber counting criteria change Q1 Media revenue of KRW 393.2bn, up 10.2% YoY SK Stoa revenue
Slide 10: Business Highlights: Enterprise
Business Highlights Enterprise Enterprise revenue (KRW bn) Data Center revenue (KRW bn) 392 386 380 46 372 42 365 40 ) 36 37 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 Q1 Enterprise revenue of KRW 386.2bn, up 5.8% YoY Cloud revenue (KRW bn) • Continued revenue scale-up with higher utilization
Slide 11: Business Highlights: AIVERSE
Business Highlights AIVERSE Subscription GMV Subscription subscribers (T universe) (KRW bn) (million) ※ Recalculated due to changes in GMV basis and addition of businesses 1.8 + 311 1.6 + 281 1.4 266 1.2 240 225 1.0 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 ifland MAU Ifland cumulative downl
Slide 12: Business Highlights: AIVERSE partnerships
Business Highlights AIVERSE • (AI) Aim to create synergy with A.dot through a strategic partnership with Scatter Lab • (Metaverse) Dominate the metaverse social media market and become a globally leading metaverse type social media • (Subscription) Add to the line-up products of partners most prefer
Slide 13: Shareholder Return
1Q23 Financial Results Business Highlights Shareholder Return Appendix
Slide 14: Shareholder Return
Shareholder Return Q1 DPS determined at KRW 830 Recent dividend trend 2022 2023 Category 2020 2021 1Q 2Q 3Q 4Q Total 1Q Total dividend (KRW bn) 715.1 717.0 180.9 181.0 181.0 181.0 723.8 181.3 DPS 1) (KRW) 2,000 3,295 2) 830 830 830 830 3,320 830 Dividend yield 3) 4.1% 5.7% 1.4% 1.5% 1.6% 1.7% 6.8% 1
Slide 15: Appendix
1Q23 Financial Results Business Highlights Shareholder Return Appendix
Slide 16: Appendix Financial Statements – Consolidated
Appendix Financial Statements – Consolidated Consolidated Income Statement Consolidated Balance Sheet (KRW bn) 2021 1Q22 2Q22 3Q22 4Q22 2022 1Q23 (KRW bn) 12-31-21 3-31-22 6-30-22 9-30-22 12-31-22 3-31-23 Operating revenue 16,748.6 4,277.2 4,289.9 4,343.4 4,394.5 17,305.0 4,372.2 Total assets 30,911
Slide 17: Appendix Financial Statements - Non-consolidated
Appendix Financial Statements - Non-consolidated Non-consolidated Income Statement Non-consolidated Balance Sheet (KRW bn) 2021 1Q22 2Q22 3Q22 4Q22 2022 1Q23 (KRW bn) 12-31-21 3-31-22 6-30-22 9-30-22 12-31-22 3-31-23 Operating revenue 12,102.8 3,077.4 3,118.2 3,122.6 3,096.3 12,414.6 3,117.3 Total a
Slide 18: Appendix Financial Statements – SKB
Appendix Financial Statements – SKB Consolidated Income Statement Consolidated Balance Sheet (KRW bn) 2021 1Q22 2Q22 3Q22 4Q22 2022 1Q23 (KRW bn) 12-31-21 3-31-22 6-30-22 9-30-22 12-31-22 3-31-23 Operating revenue 4,049.2 1,026.0 1,032.8 1,044.2 1,053.3 4,156.3 1,061.5 Assets 5,997.8 5,931.6 6,103.6
Slide 19: Appendix Operating Data
Appendix Operating Data Subscribers (Thousands) 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 YoY QoQ SKT MNO Subscribers 1) 29,308 29,383 29,422 29,696 29,832 30,250 30,440 30,452 30,552 2.4% 0.3% Net adds 219 74 39 274 136 418 190 12 100 △26.5% 702.8% Activations 956 777 788 1,057 837 1,076 914 660
Slide 20: SK telecom
SK telecom