Pt Xlsmart Telecom Sejahtera Tbk · IDX:EXCL
Pt Xlsmart Telecom Sejahtera Tbk — PT XL Axiata — Q1 2024 Earnings Presentation
17 slides from Pt Xlsmart Telecom Sejahtera Tbk's earnings presentation, Aug 14, 2024
Slide 1: PT XL Axiata Tbk 1Q24 Results Presentation
» XL axtata PT XL Axiata Tbk 1Q24 Results Presentation
Slide 2: Disclaimer
Disclaimer xt axiata The following presentation contain statements about future events and expectations that are forward-looking statements by the management of PT XL Axiata Tbk. (“XL Axiata”) (“Company”), relating to financial trends for future periods, compared to the results for previous periods,
Slide 3: Kicking off 2024 with New Highs
Kicking off 2024 with New Highs Reaching another all-time high ARPU and rise in profitability metrics Strong Revenue growth 12% YoY Revenue growth Positive Data and Digital Revenue growth QoQ despite seasonally strong fourth quarter All-time high ARPU with growing subscriber base 10% YoY increase in
Slide 4: Highest 1Q Data and Digital Revenue Growth
Highest 1Q Data and Digital Revenue Growth Q0a3 XL axiata 1Q24 Data and Digital Revenue reached highest growth of 2% QoQ Data and Digital Revenue * Despite high-season in (IDR Bn) A 2% previous quarter, 1Q24 still saw the highest ever Data and — Digital Revenue growth QoQ A1% 7,823 * Increase in Dat
Slide 5: Consistent Progress in Convergence
Consistent Progress in Convergence > XL axtata Keeping the positive drive in FBB penetration ahead of Structural Transformation Further Migration of around 750k customers to XL as a ServeCo, e i) ' 1 102 H ' opens up opportunity for cross- pS) 0 1 anp 1 ' ' selling for larger and faster cities ——— F
Slide 6: Leveraging AI for Business Advancement
Leveraging Al for Business Advancement Adopting Al technologies to unlock new opportunities in a rapidly evolving digital landscape Enhanced CX Seamless, personalized experiences for customers, tailored product recommendations Scalability & Flexibility Cloud-based solutions allow for speed in deploy
Slide 7: Financial and Operational Performance
Financial and Operational Performance
Slide 8: Solid Profitability
Solid Profitability Highest PAT* and EBITDA Margin in Revenue (IDR Bn) PAT (IDR Bn) TOyts +11.8% +168.1% a” Data & Digital i 0.2% —> Services up #105.9% > 13% YoY, 547 7,551 8,458 8,441 2% QoQ 266 7,680 7,823 204 | 1Q 23 4Q 23 1Q 24 1Q 23 4Q 23 1Q 24 mOthers Data & digital services EBITDA EBITDA Mar
Slide 9: Expansion in Operational Indicators
Expansion in Operational Indicators > XL axiata Subscribers (Mn) ARPU (IDR Bn) Highest 91 reaching . . -0.4% ———> 87 Solid growth in 40.3%—> mid-40s traffic and quality i 576 subscriber base, 57.5 43 driving higher ARPU . js E go — _——_ 41 42 38 1.6 1.6 4Q 23 1Q 24 1Q 23 4Q 23 1Q 24 Postpaid ™Prepai
Slide 10: Further OPEX Improvement
Further OPEX Improvement > XL axtata Continued cost optimization drives lower OPEX QoQ while maintaining stable level YoY Operating Expenses (IDR Bn) +0.5% > — -7.9% ——> 4,325 3,984 1Q 23 4Q 23 1Q 24 Sales & Marketing costs continue to decline YoY and QoQ from channel cost improvement & optimized ch
Slide 11: Sustaining Strong Network
Sustaining Strong Network Optimal addition of BTS and fiberized sites. Users of own apps has reached over 30 million BTS +9.6% ———> —_ +1.8% —> 160,124 163,106 148,768 1,057 377 1Q 23 4Q 23 1Q 24 =3G §2G =4G Fiberized Site +7% ——> 62% i; 1Q 23 1Q 24 >] XL axtata Consistently, myXL and AX!ISnet incre
Slide 12: 14/08/2024
14/08/2024 12
Slide 13: FY 2024 Consolidated Guidance
FY 2024 Consolidated Guidance 3 Revenue EBITDA CAPEX Growth Margin High Single Digit around 50% around IDR 8Tn
Slide 14: Thank You
14/08/2024 Thank You > XL axiata 14
Slide 15: Appendix
14/08/2024 Appendix XL axiata 15
Slide 16: Strengthened Financial Position: Higher Free Cash Flow and Lower Gearing
Strengthened Financial Position: Higher Free Cash Flow and Lower Gearing Free Cash Flow [ +10% 7 1Q 23 1Q 24 Free Cash Flow = EBITDA - Capitalized Capex Capitalized Capex +46% | 1Q 23 1Q 24 >] XL axtata Gross & Net Debt (IDR Bn) [742% | Lo: —y 10,092) 7,090 1Q 23 1Q 24 lM Gross Debt Ml Net Debt Gear
Slide 17: Borrowings: Balanced Interest Rate Profile and Keeping Well-Spread Maturities
Borrowings: Balanced Interest Rate Profile and > XL axtata Keeping Well-Spread Maturities Interest Rate Profile Maturity Profile (IDR Bn) 8,566 2024 2025 2026 & Beyond IDR Floating =IDR Fixed