Thaicom Public Co. Ltd. · SET:THCOM
Thaicom Public — FY2022 Earnings Presentation
14 slides from Thaicom Public's earnings presentation, February 2023
Slide 1: Thaicom 2022 Performance Y2022
THAICOM 2022 SPACE TECH FOR A BETTER FUTURE Performance Y2022 Feb 2023 Thaicom Public Company Limited 1
Slide 2: Financial Highlights, Commercial Highlights, Moving Forward
THAICOM Q4 2022 SPACE TECH FOR A BETTER FUTURE Financial Highlights Commercial Highlights Moving Forward Thaicom Public Company Limited 2
Slide 3: Y2022 Key Highlights
1. Final acquisition completed • Gulf Ventures Company Limited completed the acquisition of 41.13% Y2022 of THCOM’s shares Key 2. Secured 119.5E and 78.5E slots from NBTC Auction Highlights • To maintain the competitive advantages of Thaicom as the leading satellite operator in Southeast Asia 3. Sol
Slide 4: Financial Highlights
Financial Highlights Thaicom Public Company Limited 4
Slide 5: 2022 Core profit +995% YoY
2022 Core profit +995% YoY Unit: MTHB Revenue and EBITDA Margin • Revenue decreased by 11% YoY, revenue has dropped 39% 36% 41% since 2020 from a decrease in domestic broadcast customers and the decrease of revenue from international broadband customers as the Thaicom 4 satellite 3,557 3,303 2,927 a
Slide 6: Strong cash position prepared for new investment
Strong cash position prepared for new investment Unit: MTHB D/E Ratio at 0.08x 1 Strong Cash position Improved from 0.11x as at the end of 2021 Consolidated CF 2021 2022 Profit from operation Equity Assets 2 CF from Operating 1,224 2,003 & A/R Collection 10,554 9,002 Other Current CF from Investing
Slide 7: Commercial Highlights
Commercial Highlights Thaicom Public Company Limited 7
Slide 8: STI awarded 2 packages of NBTC orbital slot auction
On 18th January 2023, Space Tech Innovation (STI), a wholly owned subsidiary of THCOM, was officially awarded 2 packages of the NBTC orbital slot auction at 119.5E/120E & 78.5E Thaicom Public Company Limited 8 8
Slide 9: Y2022 Commercial Highlights
First LEO partnership captured with Globalstar NBTC Board has approved the landing right for service in Thailand Y2022 Globalstar Thailand Gateway construction has been completed, expected to provide service in Q2’2023 Commercial Highlights Capture and Expand NAVA service globally NAVA to prov
Slide 10: Moving Forward
Moving Forward Thaicom Public Company Limited 10
Slide 11: New Chapter For Thaicom: New Satellite Project Investment Framework
New Chapter For Thaicom New Satellite Project Investment Framework Total Investment: 15,203* MTHB or 102.4% of THCOM’s group total assets • 119.5E/120E Orbital slot bidding price • 78.5E Total 797.43* MTHB Total investment for new satellite • 119.5E (including gateway and other expenses) 14,405.21*
Slide 12: New Satellite Project Timeline @119.5E
New Satellite Project Timeline @119.5E STI is Planning to Invest in 3 Satellites, to ensure service continuity beyond THAICOM 4 and achieve long term strategic growth PHASE I PHASE II Small satellite (approx. 2,181 MTHB)) Thaicom 4 (IPSTAR) 8 years Large satellite (SD-HTS) 2 small satellites 2025 -
Slide 13: Thaicom's Benefits from New Satellite Project
Thaicom’s Benefits from New Satellite Project Space Tech Innovation (STI) won the slot auction for both at 119.5E & 78.5E: To ensure service continuity and ensure future sustainable growth To maintain the competitive advantages of Thaicom as the leading satellite operator in Southeast Asia The i
Slide 14: Q&A
Q&A Thaicom Public Company Limited 14
Thaicom Public Company — FY2022 Earnings Presentation on 6ix