Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q1 2023 Earnings Presentation
15 slides from Dialog Axiata's earnings presentation, 2023
Slide 1: Dialog Axiata PLC Q1 2023 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q1 2023 Results an axiata company
Slide 2: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 2
Slide 3: Dialog Group Performance Highlights – Q1 2023
DIALOG GROUP PERFORMANCE HIGHLIGHTS – Q1 2023 Profitability Improvement Amid Favorable Forex; Margins Impacted by Inflation Capex Investments Directed to All Key Business Segments Aggressive Subscriber QoQ YoY Fulfil Growing Demand for Delivered Strong Growth Data and Digitisation Performance in Q1
Slide 4: SASB ESG Quantitative Metrics with Quarterly Actuals
SASB ESG Quantitative Metrics with Quarterly Actuals Energy Consumption Network Availability and Core Network # of Data Breaches and Average Download Downtime Regulatory Actions over Speeds (Mbps) Energy Q1 ’23 Q4 ’22 Change Data Protection Violations Availability Q1 ’23 Q4 ’22 Change Total (MwHr) 4
Slide 5: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn 1Q 23 QoQ YoY Favorable Forex Drive Profitability Whilst Inflation Impact Margins Revenue 50,067 -2% +31% 1 EBITDA 13,011 +30% -12% YoY Revenue improvement driven by International, Data, Fixed and PATAMI 8,692 >+100% >+100% DTV Revenues OFCF 4,885 >+100% -21% 2 YoY EBIT
Slide 6: Total Cost to Revenue Ratio Increasing 15.6pp YoY
TOTAL COST TO REVENUE RATIO INCREASING 15.6PP AND 2.1PP YOY AND QOQ RESPECTIVELY DUE TO OVERALL INFLATION DRIVEN NCREASE IN THE COST BASE; COSTS SAVING FOR Q1 RS 2.5BN Q1 23 As % of Q4 22 As % of Q1 22 As % of QoQ YoY revenue revenue revenue Total Cost Rs37,062Mn 74.0% Rs36,640Mn 71.9% Rs19,196Mn 58
Slide 7: Group EBITDA and PATAMI
GROUP EBITDA AND PATAMI YoY EBITDA Contraction Driven by Cost Escalations as Inflation Peaked PATAMI Expansion Driven by Forex Gain Recorded for Q1 2023; QoQ during the Period; QoQ EBITDA Expansion Driven by Cost Rescaling Norm. PATAMI Benefiting from Cost Rescaling Initiatives and the One- Initiati
Slide 8: Capex Investments Mainly Directed Towards Mobile and Fixed Data Network Upgrades
CAPEX INVESTMENTS MAINLY DIRECTED TOWRADS MOBILE AND FIXED DATA NETWORK UPGRADES Capex Intensity at 10% for Q1 2023; OFCF Reach Rs4.9Bn for the Quarter Capex Investments Directed Towards Expanding Data Network; Drop Resulting from Stable Exchange Rate and Lower Spend -30% (Rs Mn) -56% 18,0 00 16,0 0
Slide 9: Dialog Group Balance Sheet Remains Strong
DIALOG GROUP BALANCE SHEET REMAINS STRONG (Rs Mn) 31 Mar 23 31 Dec 22 31 Mar 22 Gross Debt 103,109 102,689 58,347 USD denominated debt (in USD Mn’s) 190.5 226.5 145.3 Net Debt 68,955 62,140 28,608 Cash and Cash Equivalents 34,154 40,548 24,771 Gross Debt / Equity (x) 1.91 2.27 0.75 Gross Debt/ EBITD
Slide 10: Subsidiary Performance – Dialog Broadband and Dialog TV
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 10
Slide 11: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Revenue Recorded Positive Growth on YoY Basis Driven by Data Revenue; QoQ Revenue Down due to both Voice and Data Subscriber Growth up 4% QoQ and 3% YoY Revenue Decline Total subs growth 4% QoQ; +3% YoY (In ‘000) Postpaid subs growth -1% QoQ; -2% YoY (Rs Mn) +7% Prepaid s
Slide 12: Subsidiary Performance – Dialog Broadband and Dialog TV
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 12
Slide 13: Dialog Television
DIALOG TELEVISION YoY Revenue Growth Continue; Profitability up due to Cost Rationalization and Forex Gain in Q1 2023 Albeit YoY EBITDA Impacted by Elevated Cost Base YoY Revenue Growth Driven by Rise in Subscription Revenue; QoQ Subscriber Growth Challenged due to Consumer Wallet Revenue Drop Due t
Slide 14: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Continues to Deliver Strong Topline Growth on YoY Basis Both Fixed and International Revenue Growth Driving YoY Revenue YoY EBITDA Improvement Stemming from Strong Revenue Growth, Growth; QoQ Revenue Performance Declining due to Lower International PAT Impacted by Higher De
Slide 15: Thank you
Thank you For further information Contact : Investor relations Team, Dialog Axiata PLC Mobile : +94 777332052 Email : ir@dialog.lk Web site : www.dialog.lk 15