Pt Ekamas Mora Republik Tbk · IDX:MORA
Pt Ekamas Mora Republik Tbk — PT Mora Telematika Indonesia — Investor Presentation (April 2022)
29 slides from Pt Ekamas Mora Republik Tbk's investor presentation, April 2022
Slide 1: PT Mora Telematika Indonesia (Moratelindo) Summary to Annual Report
PT Mora Telematika Indonesia (“Moratelindo”) Summary to Annual Report April 2022
Slide 2: Disclaimer
Disclaimer You must read the following before continuing. This following presentation has been prepared by PT Mora Telematika Indonesia Tbk (the “Company”) solely for information purposes only and does not constitute a recommendation regarding any securities of the Company. The information contained
Slide 3: Disclaimer (Cont'd)
Disclaimer (Cont’d) To the extent available, the industry, market and competitive position data contained in this presentation has come from official or third party sources. Third party industry publications, studies and surveys generally state that the data contained therein have been obtained from
Slide 4: Vision and Mission
Vision and Mission Moratelindo’s growth is driven by focusing on several key objectives VISION Actively contribute to transform the country into a leading digital society MISSION To develop the best-in class national telecom infrastructure, leading telecommunication services and digital ecosystem 3
Slide 5: Our achievement at a glance
Our achievement at a glance Network and Services Financials 51,749 21,000 385 IDR km Total network G Points of 4,180bn Data capacity presence 2021 Revenue length ~6,700 ~112K 6 50% Enterprise FTTH Data centers 2021 EBITDA Margin customers customers Source: Company information, data as of Dec 31, 202
Slide 6: The pillars of our business and the Palapa concession
The 5 pillars of our business and the Palapa concession One of Indonesia’s largest privately-owned telecom infrastructure platforms servicing all key segments of technology and telco markets in the nation Enterprise Retail Full suite of Fiber-to-the-X (“FTTX”) solutions Full suite of Fiber-to-the- i
Slide 7: Key Milestones
Key Milestones Proven track record in developing Indonesia’s digital infrastructure ▪ Expanding new retail market outside FO Length Java island (in km) ▪ “Oxygen” was ▪ Deploy Ducting introduced to market Semarang 60,000 ▪ Award of East package Palapa Ring ▪ East Palapa live ▪ Award of West in Aug 2
Slide 8: Our achievements and strengths
Our achievements and strengths Strong backbone Proven track record Experienced network, delivering in developing management team high quality services Indonesia’s digital with diverse infrastructure competencies Solid financial Diversified well- performance established multinational client base 7
Slide 9: Favorable macroeconomic and demographic factors
Favorable macroeconomic and demographic factors Well-positioned to capture the opportunities for growth expected in the Indonesian internet market Large scale Large scale Growing Growing Young Online Digital economy economy affluence affluence demographics penetration transformation 275 million peop
Slide 10: Our market opportunity
Our market opportunity Expanding Addressable Markets 2026 Addressable Markets Ducting Fiber Infrastructure Infrastructure Rp.23.0 trn Rp. 22.5 trn Rp. 0.6 trn CAGR 16.6% 2021 Addressable Markets Wholesale telecom Fiber Infrastructure Ducting Infra- Rp.10.7 trn Rp. 10.7 trn structure(1) Fiber-to-the-
Slide 11: Favorable macroeconomic and demographic factors
Favorable macroeconomic and demographic factors Strong economic growth supported by the high proportion of young and working population in Indonesia Robust GDP growth trend to sustain in the coming future Above average GDP growth across South-East Asia Nominal GDP (IDR quadrillion) and nominal GDP p
Slide 12: Reflect huge growth potential in digital infrastructure
… Reflect huge growth potential in digital infrastructure With market trend to shift to Over the Top (“OTT”) service and tailwinds of COVID, Indonesia is expected to see vast growth potential from both retail and enterprise market Continuous demand for digital infrastructure with tailwinds Robust gr
Slide 13: Supported by an underpenetrated digital infrastructure network
…Supported by an underpenetrated digital infrastructure network for development Increasing connections and strong demand for data consumption will continue to drive the Indonesian digital infrastructure space Unique subscribers are expected to grow Indonesia lags in the adoption of mobile technologi
Slide 14: Our market opportunity – Fibre infrastructure
Our market opportunity– Fibre infrastructure Backhaul requirements and the steady growth of data traffic will fuel market, providing considerable opportunities to infrastructure suppliers through fiberizing Increasing demand from both retail and enterprise market Robust growth with market size excee
Slide 15: Our market opportunity – FTTx
Our market opportunity– FTTx Fiber to the x (“FTTx”) network to further grow as enterprise digitalization, adoption of cloud and increasing coverage will facilitate the adoption of high-speed broadband Existing under-penetration and increasing demand for high- …Results in growth of both enterprise a
Slide 16: Our market opportunity – Data centres
Our market opportunity– Data centres Entry of hyperscalers and demand for local data storage as mandated by regulations will drive robust growth for the local data centre market Increasing demand from the start-up ecosystem is to drive Strong demand for co-location data center services driven the gr
Slide 17: Our market opportunity – Ducting
Our market opportunity– Ducting Strategic initiative by a few city governments leads the technology advancement and development trend Public-sector ambition to deploy ducting fibre driving Nurtures huge headroom for growth in market size as overall market growth surrounding cities follow Indonesia’s
Slide 18: One of Indonesia's largest privately-owned telecommunications network and infra providers
One of Indonesia’s largest privately-owned telecommunications network and infra providers Fiber Point of Data Data Center Total Optic 100% Presence 385 Center 6 Utilization Rate 70% Network 51,749 Km Homes Length Passed 413,025 Total Subscriber 111,968 FTTH Utilization / Penetration Rate 27% Network
Slide 19: We Serve All Key Segments of the Telecommunications Markets In Indonesia
We Serve All Key Segments of the Telecommunications Markets In Indonesia Our comprehensive set of service offerings and licenses positions us to capture the opportunities available in the digital telecommunications infrastructure space Our Segments Wholesale Telco & Its Ecosystem ▪ IP transit ▪ Back
Slide 20: Diversified well-established multinational client base
Diversified well-established multinational client base Our client base ranging from major regional mobile and fiber operators, multinational enterprises and Over-the-Top media services (“OTTs”) Our customers include: Mobile Internet Tier 1 Over-the-Top Small and network service Cloud Content Large R
Slide 21: Strategic relationship with Smartfren
Strategic relationship with Smartfren Smartfren subscribed to Company’s new shares issuance in 2021, resulting being a shareholder with 20.5% stake Strategic collaboration Long-term business Strengthen 1 partner 2 Business synergy 3 competitiveness One of major customers on telco ▪ Potential synergy
Slide 22: Experienced management team
Experienced management team Our management team are formed by industry experts with diverse competencies Galumbang Menak ▪ President Director since 2001 President Director & CEO ▪ Founder and Commissioner at Nusatrip.com (2012-Present), Operational Director at PT Wahana Lintas Sentral Komunikasindo
Slide 23: Proven track record in developing Indonesia's digital infrastructure
Proven track record in developing Indonesia’s digital infrastructure Proven track record of deploying projects successfully in challenging geographical areas Palapa Ring West Palapa Ring East WEST PAPUA MALAYSIA MALUKU Singapore PAPUA SUMATERA WEST NUSA EAST NUSA TENGGARA TENGGARA Legend: Project hi
Slide 24: We work with local governments to develop shared ducting and pole infrastructure
We work with local governments to develop shared ducting and pole infrastructure Further strengthen our leading position through shared ducting and pole infrastructure in Tier-1 and Tier-2 cities across the country Develop Indonesia major cities with deploying shared Key benefits of shared ducting a
Slide 25: Revenue Composition per Segment
Revenue Composition per Segment Robust revenue growth was mainly attributed to the increase in the Enterprise/Retail segment and Telecommunication service revenue 8.5% 12.6% 15.8% 10.4% 15.5% 10.2% 11.7% 9.2% 10.9% 15.1% FY 2019 FY 2020 FY 2021 33.1% 28.7% 54.5% 34.7% 29.1% Telecommunication Enterpr
Slide 26: Financial Highlights
Financial Highlights Moratelindo has successfully diversified its revenue base and grown Non-Palapa revenues, driven by the strong demand for Internet capacity Revenue Composition by Palapa vs Non-Palapa(1) Gross Profit and Margin 4,400 (IDR bn) (IDR bn) 3,900 4,180.1 4,062.4 3,400 47.5% 65.8% 60.7%
Slide 27: Cash and Liquidity Position
Cash and Liquidity Position Over the years, Moratelindo has demonstrated the ability to strengthen its balance sheet and improve its liquidity position Net Debt Total Equity (IDR bn) (IDR bn) 7,101.0 6,710.6 6,837.0 3.2x 2.1x 1.5x 4,558.4 1,432.2 1,059.2 494.8 3,207.5 2,192.8 8,533.2 7,896.2 7,205.4
Slide 28: Capital Expenditure
Capital Expenditure For the years ended December 31, 2019, 2020 and 2021, the majority of Moratelindo’s capital expenditure was for network expansion Capital Expenditure (IDR bn) 1,864.3 Others, 13.1% 1,614.3 Others, 2.5% Telecommunication Facilities, 29.3% 1,014.6 Telecommunication Facilities, 49.8
Slide 29: Thank You!
(Droracelindc broadband company Thank You! 28
PT Mora Telematika Indonesia — Investor Presentation (April 2022) on 6ix