Capital A Berhad · MYX:CAPITALA
Capital A Berhad — FY2021 Earnings Presentation
17 slides from Capital A Berhad's earnings presentation, Feb 28, 2022
Slide 1: Presentation for the 4Q21 and FY21 Financial Results
Presentation for the 4Q21 and FY21 Financial Results 28 February 2022
Slide 2: Legal Disclaimer
Legal Disclaimer Information contained in our presentation is intended solely for your personal reference and is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neither
Slide 3: Investment holding company with synergistic travel and lifestyle businesses
is an investment holding company with a portfolio of synergistic travel and lifestyle businesses LOGISTICS FINANCIAL SERVICES Last valuation: USD 300 million VENTURES BUILDER AVIATION GROUP Last valuation: USD 1 billion ENGINEERING
Slide 4: 4Q21 Key Highlights
4Q21 Key Highlights Renamed to Capital A, to cement our transformation as an investment holding company with a portfolio of synergistic travel and lifestyle businesses; we are more than just an airline Digital continues to gain traction in 4Q ● Digital revenue grew 141% YoY, and contributed 36% to G
Slide 5: 4Q21 Financial Highlights
4Q21 Financial Highlights Revenue (RM m) Group Revenue increased 119% YoY and 142% QoQ: ● Aviation revenue grew 292% QoQ, 108% YoY, as travel begin to relax across the region in 4Q21. Domestic travel picked up substantially during the quarter. RASK up by 19% YoY to 16.91 sen ● Collectively, the four
Slide 6: Improved cash balance above RM1 bil due to fundraising and cost containment
Improved cash balance above RM1 bil due to fundraising and ongoing cost containment Aviation fixed costs remain capped with ongoing cost containment strategy We remain committed to cost consciousness in Non-variable business operations ● Aviation fixed costs increased by 29% QoQ due to flight mainte
Slide 7: Aviation moving in the right direction, albeit slower than expected
AVIATION Aviation moving in the right direction, albeit slower than expected due to unnecessary friction ● Highest quarterly load factor for the Consolidated AOCs (MAA, IAA, PAA) at 80% in 4Q21 since the beginning of the Covid-19 pandemic. Our 4 AOCs carried 3.9 mil passengers which is a 797% improv
Slide 8: ADE is expanding capabilities to provide superior services
ADE is expanding capabilities to provide superior services with fastest ENGINEERING turnaround 2021 Achievements 4Q21 Performance ● Foreign AMO approval for line EBITDA positive of RM 2.3 mil for 4Q21 1Q maintenance (India and Indonesia) For FY21, ADE posted positive EBITDA of RM13.2 mil ● AMO appro
Slide 9: Super App committed to strengthening Asean footing in 1H22
Super App committed to strengthening Asean footing in 1H22 4Q21 Performance 2021 Achievements Last valuation: USD 1 billion Posted quarterly revenue of RM95 mil, up 51% YoY attributed to Travel pillar with the launch of superapp’s OTA platform, airasia ride and ● Launched Asean Unlimited, offering b
Slide 10: Teleport posted strong topline boosted by strategic network growth
Teleport posted strong topline boosted by strategic network growth LOGISTICS 4Q21 Performance 2021 Achievements Last valuation: 4Q21 revenue grew 274% YoY, attributed to strategic growth of cargo network USD 300 million and better yields ● Received forwarding Agent license Strong 4Q21 delivery volum
Slide 11: BigPay: Lending to launch imminently
BigPay: Lending to launch imminently FINANCIAL SERVICES 2021 Achievements 4Q21 Performance BigPay revenue increased 29% YoY and 4% QoQ in tandem with the increase in user base ● Launched bill payments 1Q ● 7-Eleven cash deposits across User base grew 50% YoY and 21% QoQ to more than 1 mil by the Mal
Slide 12: Sufficient liquidity in 2022 aided by funding support
Sufficient liquidity in 2022 aided by funding support Successful fundraising in 2021: ● Private Placement - Raised RM336.5 mil via two tranches in 1Q21 ● Rights issue - Completed 31 Dec 2021. Raised RM974.5 mil ● BigPay investment - Secured investment of up to US$100 mil ● Foreign loan of US$150 mil
Slide 13: THANK YOU
THANK YOU capital”)
Slide 14: FY21 Financial Highlights
FY21 Financial Highlights Revenue (RM m) Group Revenue dipped 47% YoY: ● Aviation revenue declined 65% due to travel restrictions across 2021. RASK was up by 11% YoY to 16.67 sen, due to encouraging fare environment with rational competition ● Collectively, the four airlines operated 22% of pre-Covi
Slide 15: 4Q21 Aviation Performance
4Q21 Aviation Performance MAA IAA PAA Key Indicators 4Q20 4Q21 % 4Q20 4Q21 % 4Q20 4Q21 % Passengers Carried 834,940 2,201,701 ▲ 164% 389,283 168,092 ▼ -57% 117,948 354,886 ▲ 201% Capacity 1,158,760 2,770,638 ▲ 139% 655,920 206,640 ▼ -68% 184,500 416,340 ▲ 126% Load Factor (%) 72% 79% ▲ 7ppts 59% 81%
Slide 16: FY21 Aviation Performance
FY21 Aviation Performance MAA IAA PAA Key Indicators FY20 FY21 % FY20 FY21 % FY20 FY21 % Passengers Carried 9,116,250 3,134,764 ▼ -66% 2,186,180 801,673 ▼ -63% 2,006,465 875,927 ▼ -56% Capacity 12,295,400 4,144,702 ▼ -66% 3,151,440 1,257,480 ▼ -60% 2,493,360 1,098,000 ▼ -56% Load Factor (%) 74% 76%
Slide 17: Fleet Plans
Fleet Plans Our network plans are continuously revised to reflect the latest recovery timeline following the ongoing pandemic impact MAA, TAA, IAA, PAA 2022 1 Jan 217 Net Fleet Movement -11 31 Dec 206 Note: 2 third party leases to rejoin AirAsia Group’s fleet in 1Q22 Fleet plan is subject to changes