Tuas Ltd. · ASX:TUA
Tuas — H1 FY2021/22 Earnings Presentation
13 slides from Tuas's earnings presentation, Mar 24, 2022
Slide 1: Tuas Limited 1st Half FY21/22 Results Presentation
Tuas Limited 1st Half FY21/22 Results Presentation 24 March 2022 Page 1
Slide 2: Agenda
Agenda 1. Financials 2. Business Updates 3. Outlook 4. Q&A N.B.: All reported numbers are in Singapore Dollars. Page 2
Slide 3: Tuas Limited Financial Updates
Tuas Limited Financial Updates (in S$’m) 1H FY21/22 1H FY20/21 Revenue 25.6 12.0 EBITDA 6.3 (2.3) NPAT (13.4) (11.4) Tuas Limited achieved positive EBITDA of $6.3M for the 6 months ending 31 January 2022. Page 3
Slide 4: Revenue and Subscribers
Revenue and Subscribers Revenue Performance • 113% increase for corresponding period driven by growing subscriber base. ARPU • ARPU is $9.42 per month. Subscriber Performance • 487,000 active subscriptions as of 31 January 2022. • Mobile market share of about 6.6%. Total number of mobile phone subsc
Slide 5: Cash Flow
Cash Flow For 1 August 2021 to 31 January 2022 S’000 Cash and Term Deposits at 31 July 2021 94,583 Cash receipts from customers 29,192 Cash paid to suppliers and employees (20,557) Interest Received 34 Net cash from operating activities 8,669 Acquisition of Plant & Equipment (21,520) Acquisition Int
Slide 6: Subscription Growth
Subscription Growth Subscribers (‘000) Subscribers ('000) 500 487 400 418 392 300 358 282 200 172 100 0 Q1 FY20/21 Q2 FY20/21 Q3 FY20/21 Q4 FY20/21 Q1 FY21/22 Q2 FY21/22 Quarter • Subscriber base has recently crossed 500,000 milestone Page 6
Slide 7: Latest IMDA 4G QoS Readout
Latest IMDA 4G QoS Readout • TPG Singapore / SIMBA fully expects to meet IMDA’s compliance standard of >99% for all road and MRT tunnels Ref: https://www.imda.gov.sg/regulations-and-licensing-listing/dealer-and-equipment-registration-framework/compliance-to-imda-standards/4g-services/oct-dec-2021 Pa
Slide 8: Extensive Outdoor Infrastructure Build
Extensive Outdoor Infrastructure Build About 1200 outdoor and indoor sites. Page 8
Slide 9: Infrastructure
Infrastructure • As announced in November 2021, obtained 10MHz (2 x 5MHz paired lots) 5G spectrum in 2.1 GHz (n1) for a cost of $31m and allocated as follows: • Expiry date of 31 December 2036 • 5G n1 network planning and technical trials underway • Expected launch of 5G Standalone services in 2022
Slide 10: Product and Business Updates
Product and Business Updates • Launch of 2 new products: • Expanded sales channels to target in-bound travelers Page 10
Slide 11: Outlook
Outlook • Continue to invest in growth • Expected launch of 5G Standalone services in 2022 • Rise in wholesale electricity rates will impact network opex • Keeping to current FY21/22 capex guidance with initial 5G ramp Page 11
Slide 12: This presentation information. contains
This presentation contains certain forward-looking and unaudited information. Such information is based on estimates and assumptions that, whilst considered reasonable by the company, are subject to risks and uncertainties. Actual results and achievements could be significantly different from those
Slide 13: TUAS
TUAS Page 13