Taiwan Mobile Co., Ltd. · TWSE:3045
Taiwan Mobile — Q1 2025 Earnings Presentation
16 slides from Taiwan Mobile's earnings presentation, May 13, 2025
Slide 1: Taiwan Mobile Co., Ltd. 1Q25 Results Summary
Taiwan Mobile Co., Ltd. 1Q25 Results Summary May 13, 2025 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (or hereafter the “Company”) undertakes no obligation to update o
Slide 3: Business Overview
Business Overview 3
Slide 4: 1Q25 Highlights
1Q25 Highlights Solid Growth in Mobile and Broadband Mobile Service Revenue Broadband Revenue (non-bundle) +2% YoY +8% YoY Consolidated Telecom EBIT Net Income Operating Income +30% YoY +11% YoY +23% YoY 4
Slide 5: Mobile – Growth Engine #1
Mobile – Growth Engine #1 Smartphone ARPU Mobile Service Revenue 5G Penetration of (non-bundle) Smartphone User Base +2% 100% 666 669 666 YoY 653 655 4G 50% 5G 65% 42% 0% 1Q24 2Q24 3Q24 4Q24 1Q25 1Q24 2Q24 3Q24 4Q24 1Q25 1Q22 1Q23 1Q24 1Q25 Monthly Fee Uplift Stable Conversion Rate Postpaid Churn Ra
Slide 6: Broadband – Growth Engine #2
Broadband – Growth Engine #2 Cable Broadband Subscriber 1Q25 Penetration Rate 1Gbps Broadband Add-on (TFNM+Double Play) Price Comparison YoY Broadband 76.0% Price ($) $1299 +34% 60.5% 66.2% ≥300Mbps 54.8% 23% 1000 42% <300Mbps 500 Top 4 Top 4 TFNM MSO TFNM MSO 0 1Q24 1Q25 DTV Broadband <$999 ≥$1599
Slide 7: momo
momo Revenue EBITDA (NT$mn) (NT$mn) YoY YoY 26,878 26,405 -2% -22% 1,456 1,137 1Q24 1Q25 1Q24 1Q25 Active Users Take Rate +7.5% 13.6% 13.2% 15.0% YoY 10.0% 5.0% 1Q25 0.0% -5.0% 1Q24 1Q25 7
Slide 8: Financial Overview
Financial Overview 8
Slide 9: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom momo CATV Total1 Telecom momo CATV Total1 1Q25 21.51 26.41 1.47 48.17 8.59 1.14 0.79 10.55 % of 45% 55% 3% 100% 81% 11% 7% 100% total 1Q25 4% -2% 0% 0% 5% -22% 0% 0% YoY 1. The sum of each account of telecom, CATV and momo does not equal to the co
Slide 10: Results Summary
Results Summary 1Q25 NT$bn Amount YoY Revenues 48.17 0% Cash Cost & Expense (37.61) 0% Operating Income 5.15 11% Non-op. Income (Exp.) (0.24) -28% Pre-tax Income 4.91 14% Net Income 3.66 23% EPS (NT$) 1.21 23% EBITDA 10.55 0% 10
Slide 11: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 1Q25 4Q24 1Q24 NT$bn 1Q25 4Q24 1Q24 Total Assets 237.90 241.43 239.02 Liabilities 139.23 147.50 142.03 Current Assets 42.68 44.64 42.98 Current Liabilities 62.59 81.77 72.32 - Cash & Cash Equivalents 11.56 11.95 13.96 - ST Debts 25.78 41.70 33.80 - Receivable & Contract
Slide 12: Cash Flow Analysis
Cash Flow Analysis NT$bn 1Q25 4Q24 1Q24 Operating 9.07 8.89 10.32 Investing (3.46) (2.26) (2.85) Financing (6.00) (4.16) (6.75) NT$bn 1Q25 4Q24 1Q24 Pre-IFRS 16 Operating1 7.89 7.73 8.73 Cash CAPEX (3.48) (1.85) (2.77) Free Cash Flow 4.41 5.88 5.96 1. “Lease expenses” previously under operating acti
Slide 13: Event Updates
Event Updates 13
Slide 14: Awards and ESG Recognitions
Awards and ESG Recognitions CDP Climate Change S&P Global Sustainability Yearbook Grade A for 5 consecutive years 8 years in a row & ranked top 5% globally Most frequently listed Taiwanese telecom operator SGS Service Quality Certification Best Employer Brand Awards 13 years in a row Gold Medal Awar
Slide 15: Key Message
Key Message In the first quarter of 2025, our core Telco and Telco+ businesses delivered a 7-year high in telecom EBIT. Looking ahead, our Telco+Tech strategies remain central to our growth agenda. Our new telco powered tech businesses are expected to unlock additional growth opportunities and drive
Slide 16: Taiwan Mobile
SIBASAK Taiwan Mobile