Pakistan Telecommunication Co. Ltd. Class A · PSX:PTC
Pakistan Telecommunication Co. Ltd. Class A — Q3 2022 Earnings Presentation
23 slides from Pakistan Telecommunication Co. Ltd. Class A's earnings presentation, Oct 25, 2022
Slide 1: PTCL Investor Call Financial Results – Q3 2022
PTCL Investor Call Financial Results – Q3 2022 25th October, 2022
Slide 2: Disclaimer
Disclaimer Pakistan Telecommunications Company Limited (PTCL) and its subsidiaries have prepared this presentation in good faith, however, no warranty or representation, express or implied is made as to the adequacy, correctness, completeness or accuracy of any numbers, statements, opinions or estim
Slide 3: Business Overview
Business Overview Hatem Bamatraf President & Chief Executive Officer PTCL Group
Slide 4: PTCL Group
Consumer Business BPO SME Enterprise Solution PTCL GROUP RETAIL SERVICES Cloud & Digital Managed Connectivity Services Services MICROFINANCE BANKING • Lending & Deposits • Home remittances • Islamic banking IT solutions Security Solutions INTERNATIONAL DVCom & SmartSky
Slide 5: Key Highlights – 9M 2022
Key Highlights – 9M 2022 Top line growth of 8% with contribution from all OPCOs PTCL EBITDA of PKR 30 B Group Net loss of PKR 5.6 B Revenue increased by 7% YoY which is mainly contributed by growth of 12% in wireline data and growth of 15% in corporate & wholesale services. PTCL EBITDA of
Slide 6: Key Operational Highlights – Q3 2022
Key Operational Highlights – Q3 2022 PTCL remains the Leader in the Fixed Since acquisition of spectrum Ufone has been 30% revenue growth in comparison to same broadband business with a market share of on a continuous growth trajectory. In Q3 2022 period last year supported by increase in 74%
Slide 7: Financial Highlights
Financial Highlights Nadeem Khan Chief Financial Officer PTCL Group
Slide 8: PTCL Group Key Financials – Q3 2022
PTCL Group Key Financials – Q3 2022 12% YoY growth in Revenue PKR Million Revenue EBITDA & Margin % Net Profit / Loss & Margin % +12% +16% +1% +31% -444% +209% 40,071 13,217 2,309 38,819 6% 10,119 10,178 747 34,522 2% 33% 29% 26% -7% Q3 2021 Q3 2022 Q3 2022 Q3 2021 Q3 2022 Q3 2022 -2,572 Adjusted Ad
Slide 9: PTCL Group – YoY Revenue Evolution Q3 2022
PTCL Group – YoY Revenue Evolution Q3 2022 12% increase in top line contributed by all OPCOs PKR Million % YoY Growth +12% 40,071 38,819 109 1,096 1,273 +16% 2,037 34,522 +11% +9% +39% Q3 2021 PTCL Ufone Ubank Eliminations Q3 2022 Q3 2022 Adjusted Investor Presentation Q3 2022 www.ptcl.com.pk 9
Slide 10: PTCL Group – YoY EBITDA Evolution Q3 2022
PTCL Group – YoY EBITDA Evolution Q3 2022 EBITDA increased by 1% despite increase in fuel and power rates and inflation PKR Million 13,217 +1% 10,119 577 10,178 1,155 2 639 +31% 29% 26% 33% +12% -24% +191% Q3 2021 PTCL Ufone Ubank Eliminations Q3 2022 Q3 2022 Adjusted YoY Growth % EBITDA Margin Inve
Slide 11: PTCL Group – YoY Net Profit Evolution Q3 2022
PTCL Group – YoY Net Profit Evolution Q3 2022 Group’s bottom line is affected by External factors including energy price hikes, AIT imposed by GoP, PKR devaluation PKR M and interest rates External Factors include AIT, MTR, Fuel & Power rates, PKR Devaluation and Interest Rates 2,309 -444% +209% 1,1
Slide 12: PTCL Key Financials – Q3 2022
PTCL Key Financials – Q3 2022 11% YoY growth in revenue with 58% YoY growth in net profit PKR Million Revenue EBITDA & Margin % Net Profit & Margin % +11% +12% +27% +58% 21,136 6,225 3,037 19,099 5,480 4,904 1,925 14% 29% 10% 26% 26% Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2022 Q3 2021 Q3 2022 Adjusted I
Slide 13: Customer experience and sales strategy helped growth in Fixed Broadband
Continuous improvement in customer experience and aggressive sales strategy helped growth in Fixed Broadband subscribers leading to double digit revenue growth xDSL (‘000) FTTH (‘000) FBB (‘000) -1.9% +114% +4% 1,446 1,418 175 1,593 -27K 93 K 66 K 1,527 82 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3
Slide 14: PTCL Revenue
PTCL Revenue Wireline data, corporate & wholesale and international segment are main drivers for revenue growth in Q3 2022 Change % Change % PKR Million Q3 2022 2022 YoY QoQ YoY Wireline Data 9,021 13% 5% 26,036 12% Wireless Data 518 -20% -3% 1,629 -15% Voice 2,254 -9% 0% 6,811 -10% Retail 11,792 7%
Slide 15: PTCL – EBITDA YoY Evolution Q3 2022
PTCL – EBITDA YoY Evolution Q3 2022 PKR Million EBITDA increased by 12% +12% 198 6,225 1,262 2,037 5,480 4,904 +27% 26% 26% 29% Q3 2021 Revenue Cost of Sales OPEX Q3 2022 Q3 2022 Adjusted % EBITDA Margin Investor Presentation Q3 2022 www.ptcl.com.pk 15
Slide 16: PTCL – Net Profit YoY Evolution Q3 2022
PTCL – Net Profit YoY Evolution Q3 2022 58% YoY increase in Net Profit PKR Million +58% 710 3,037 1,361 115 577 1,925 14% 10% Q3 2021 EBITDA D&A Non Operating Taxation Q3 2022 % Net Profit Margin Investor Presentation Q3 2022 www.ptcl.com.pk 16
Slide 17: PTCL Balance Sheet
PTCL Balance Sheet Balance Sheet PKR Million Dec-21 Sep-22 Property, Plant and Equipment 121,508 123,023 Long term investments 30,736 44,736 Other Non Current Assets 13,610 14,782 Non Current Assets 165,854 182,541 Trade debts 27,937 38,951 Stores and spares 5,575 8,860 Cash & Cash Equivalents 2,556
Slide 18: PTCL Cash Flow Statement
PTCL Cash Flow Statement Cash Flow Statement PKR Million Sep-21 Sep-22 Cash Flows from operating activities 18,051 8,780 Cash Flows from investing activities (27,884) (21,710) Cash Flows from financing activities (328) 10,692 Net Inc/(Dec) in Cash & Cash Equivalents (10,161) (2,238) Opening Cash & C
Slide 19: Summary & Conclusion
Summary & Conclusion
Slide 20: Summary & Conclusion
Summary & Conclusion PTCL Group reported 8% YoY growth in topline, with positive contribution by all OPCOs. PTCL has doubled its FTTH subscriber base and fiber footprint, and continues to grow in the business solutions segment with continued focus on data, managed services and cloud services. Ufone
Slide 21: Questions & Answers
Questions & Answers
Slide 22: Investor Relations
Investor Relations PTCL Investor Relations Email: amir.siddiqi@ptclgroup.com
Slide 23: Thank You
THANK YOU
Pakistan Telecommunication Company — Q3 2022 Earnings Presentation on 6ix