Slide 1: Earnings Presentation
Classification: Mobily TOP SECRET Earnings Presentation TOP SECRET
Slide 2: Disclaimer
Disclaimer This document has been prepared by Mobily (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairne
Slide 3: Content
Content • Saudi Regulatory and Telecom Environment • H1-23 in Review • Strategy 2023+ • Operational Performance Highlights • Financial Performance Highlights • Key Financial Highlights • APPENDIX: Sustainability at Mobily Earnings Earnings Presentation Presentation | Q1 2023 | Q2 2023
Slide 4: Saudi Regulatory and Telecom Environment
3.1% 3.3% KSA median download speeds2 KSA annual inflation 1 2.3% 2.7% 2.7% 97.54 Mbps 93.75 Mbps 2.7% YoY Mobile Fixed broadband Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Mobily achieved the lowest latency in KSA for Q1-233 3M SAIBOR 6M SAIBOR 4.6% 5.3% 5.7% 6.0% 30 MS 23 MS 12 MS 3M and 6M SAIBAOR Mobile inte
Slide 5: H1-23 in Review
February 07 May 09 May 18 Mobily obtained the Mobily obtained the quality Mobily launched the High “Procurement Excellence certificate of “Hyyak” Potential Program “HiPo” to Programme Certificate PEP” beneficiary service centers develop its employees skills and build an ambitious leadership generati
Slide 6: Evolve into the TMT company of the future
Expand 5G Increase Ensure rollout and market share commitment to achieve ESG network Evolve into coverage performance excellence the TMT company of the future Achieve total Transform the Repositioning experience business to to be a leader leadership address new in new trends opportunities in the TMT
Slide 7: Business, Consumer, Wholesale and Carrier services
Business Signed multiple deals with strategic partners and expanded network coverage through strategic investments to enhance core and digital infrastructure for businesses Enhanced digitization initiatives, business operational efficiency, and process automation Consumer Increased network cov
Slide 8: Leadership in Enriching your Digital World
“Leadership in Enriching your Digital World” Strong achievements in our financial KPI’s: Achieved the highest second-quarter Revenues and Net Income in the last 10 years Strong EBITDA level due to maintaining operational efficiency 38.1% YoY growth in Net Income Continuous infrastructure and
Slide 9: Revenues increased 9.0% YoY to SAR 4,248 million
+9.0% +4.9% +7.6% 4,132 4,051 4,248 8,299 3,899 3,828 7,710 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 Revenues increased 9.0% YoY and 4.9% QoQ to SAR 4,248 million, marking the highest second-quarter Revenues level in the last 10 years: The healthy growth in Business is a result of t
Slide 10: EBITDA increased 7.4% YoY to SAR 1,586 million
+7.4% +7.8% 1,770 3,140 1,554 +2.1% 1,586 2,915 1,476 1,477 42.8% 37.8% 37.9% 38.6% 38.3% 37.3% 37.8% Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 EBITDA increased 7.4% YoY and 2.1% QoQ to SAR 1,586 million: Resilient top-line performance supported the YoY improvement in EBITDA As a r
Slide 11: CAPEX expanded 9.6% YoY to SAR 350 million
+9.6% +6.6% 1,159 574 539 396 28.0% +55.8% 350 319 224 8.2% 10.3% 7.0% 6.9% 5.5% 8.2% Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 CAPEX expanded 9.6% YoY to SAR 350 million: Digital transformation and innovation in products and services were supported by the consistent rationalization
Slide 12: Free Cash Flow increased 6.9% YoY
+6.9% +8.0% 1,330 -7.0% 2,566 1,236 2,376 1,157 1,081 611 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 Free Cash Flow increased 6.9% YoY, primarily due to: Solid EBITDA growth, slightly offset by the increase in CAPEX Free Cash Flow decreased 7.0% QoQ despite solid EBITDA growth due to
Slide 13: Net Debt and Net Debt/EBITDA performance
-18.1% 11,973 11,003 10,199 9,393 +4.4% 9,809 2.06x 1.86x 1.66x 1.50x 1.54x Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Net Debt and Net Debt/EBITDA performance: Steady Net Debt/EBITDA ratio at 1.54x at the end of Q2 2023 Strong EBTIDA performance during the period, increased 7.4% YoY Mobily’s ong
Slide 14: Net Income increased by 38.1% YoY
+38.1% +41.7% 606 962 +6.9% 497 465 679 360 373 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 Net Income increased by 38.1% YoY and 6.9% QoQ, marking the highest second-quarter Net Income level in the last 10 years, due to: Strong revenue growth of 9.0% YoY, along with excellent EBITDA g
Slide 15: Q&A
Q&A Earnings Earnings Presentation Presentation | Q1 2023 | Q2 2023
Slide 16: Sustainability at Mobily
Saudi Vision Saudi ICT Global Reporting SDG’s Saudi Green Initiative 2030 Strategy 2023 Initiative Successful conclusion Launched the first Launched and +1,000 Partnered of the GAIN strategy energy-generating activated Mobily employees attracted with The Diriyah and the launch of a tower using Pay f
Slide 17: Thank you
Etihad Etisalat Investor Relations Thank you Mobily IR Webpage Mobily IR App Mobily Investor Mobily Investor Relations Webpage Relations Application E-mail IRD@mobily.com.sa