Slide 1: Earnings Presentation 1Q 2024
1Q 2024 – Investor Presentation 1 Earnings Presentation 1Q 2024
Slide 2: Contents
1Q 2024 –Earnings – Investor Presentation 2 Contents MBC Group is forging a global media group that enriches people’s lives 1 Performance Highlights through information, interaction and entertainment. 2 Financial Summary The Group commits to being the leading multi-platform 3 Outlook provider of inn
Slide 3: Performance Highlights
1Q 2024 – Investor Presentation 3 Performance Highlights 1Q 2024
Slide 4: 1Q 2024 Key Corporate Highlights
1Q 2024 –Earnings – Investor Presentation 4 1Q 2024 1 2 3 Strategic focus on AVOD; Key Corporate capturing the growing AVOD market with an increase in Significant growth in the number of SVOD subscribers, notably Shahid gaining market share in SVOD and AVOD by focusing during the peak Ramadan. Shahi
Slide 5: 1Q 2024 Financial Highlights
1Q 2024 –Earnings – Investor Presentation 5 1Q 2024 Group Revenue Gross Profit Net Income Financial SAR 1,236 M SAR 345 M Highlights +36% YoY +115% YoY SAR 121 M vs. -18 M in 1Q 2023 28% GP margin 10% NI margin Following a strong close to FY 2023, MBC continued to deliver robust growth Broadcasting
Slide 6: 1Q 2024 Key Performance Highlights
1Q 2024 –Earnings – Investor Presentation 6 1Q 2024 1 2 3 Key Performance Growth in the Broadcasting & Revenue from Shahid recorded a MBC experienced solid revenue Other Commercial Activities 72% growth in revenue to SAR growth across its core business segment was mainly driven by a Highlights segme
Slide 7: Our Group Segments
1Q 2024 –Earnings – Investor Presentation 7 Our Group Segments MBC has continued to grow its presence and reach in the MENA region through three primary verticals Broadcasting and Other Media & Entertainment Shahid - OTT Commercial Activities Initiatives The commercial activities of MBC Group A dual
Slide 8: Financial Summary
1Q 2024 – Investor Presentation 8 Financial Summary 1Q 2024
Slide 9: Group Financial Performance
1Q 2024 –Earnings – Investor Presentation 9 Group Financial Performance MBC has experienced strong revenue growth across its core business segments, with positive bottom-line performance REVENUE BREAKDOWN GROUP GROSS PROFIT GROUP NET INCOME (SAR Millions) (SAR Millions / GPM %) (SAR Millions / NPM %
Slide 10: Broadcasting & Other Commercial Activities Performance
1Q 2024 –Earnings – Investor Presentation 10 Broadcasting & Other Commercial Activities Performance MBC’s Broadcasting & Other Commercial Activities experienced consistent topline growth with a stable cost structure REVENUE BREAKDOWN GROSS PROFIT NET INCOME (SAR Millions) (SAR Millions / GPM %) (SAR
Slide 11: Shahid (OTT) Performance
1Q 2024 –Earnings – Investor Presentation 11 Shahid (OTT) Performance Shahid has experienced exceptional revenue growth across all its operations with a stable cost structure REVENUE BREAKDOWN GROSS PROFIT NET INCOME (SAR Millions) (SAR Millions / GPM %) (SAR Millions / NPM %) CA GR 42% 836 -39% -40
Slide 12: Media & Entertainment Initiatives Performance
1Q 2024 –Earnings – Investor Presentation 12 Media & Entertainment Initiatives Performance Media & Entertainment Initiatives continue to be a strong value-add for MBC and the media ecosystem in KSA, with strong partnerships fostering growth and development REVENUE BREAKDOWN GROSS PROFIT NET INCOME (
Slide 13: Guidance
1Q 2024 –Earnings – Investor Presentation 13 Guidance Broadcasting and Other Media & Entertainment Shahid - OTT Commercial Activities Initiatives FY 2024E FY 2024E Revenue (% Growth) Revenue (% Growth) Mid-single digit growth 25%-35% FY 2024E Revenue Net Income Margin SAR 750-940 MN 16%-18% Net Inco
Slide 14: Outlook
1Q 2024 – Investor Presentation 14 Outlook
Slide 15: Growth Opportunities
1Q 2024 –Earnings – Investor Presentation 15 Growth Opportunities Significant opportunities for growth acceleration Geographic New Content Advertising SVOD Expansion Verticals Build broad multi-platform Refocus on the AVOD model Focused retention strategy to Leverage leadership position Diversify re
Slide 16: Investment Highlights
1Q 2024 – Investor Presentation 16 Investment Highlights
Slide 17: Investment Highlights
1Q 2024 –Earnings – Investor Presentation 17 Investment 1 Highly attractive macro fundamentals supporting long- term, sustainable growth across Media and Entertainment Highlights verticals Leveraging our unique 2 Leading broadcasting company in the MENA region with unparalleled reach value propositi
Slide 18: Q&A
1Q 2024 – Investor Presentation 18 Q&A