Siriusxm Holdings Inc. · NASDAQ:SIRI
Siriusxm — Investor Day (November 2022)
19 slides from Siriusxm's investor day presentation, November 2022
Slide 1: 2022 Liberty Media Investor Day
2022 Liberty Media Investor Day Jennifer Witz Chief Executive Officer
Slide 2: Forward-Looking Statements
Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectation
Slide 3: An Audio Powerhouse
71 6 06 719 An Audio Powerhouse 82 7 17 82 0 Our Vision: To shape the future of audio where everyone is effortlessly connected to the voices, stories, and music they love 93 8 28 93 1 049 39 042 1 5 0M 40M 1 53 M Total Listeners Paid Subscribers Enabled Auto Fleet* * As of September 30, 2022 SiriusX
Slide 4: Growth Priorities
Growth Priorities In-Car Streaming Ad Platform SiriusXM Everywhere
Slide 5: Reinforcing SiriusXM's Leadership In-Car
Reinforcing SiriusXM’s Leadership In-Car Doubling down on our commitment to deliver the best in car listening experience 82% 83% 78% 73% NEW 50% 52% 48% 44% USED 2019 2020 2021 2022 YTD New and used penetration rates reach peak levels in 2022
Slide 6: Expanding Streaming
Expanding Streaming Creating a superior listening experience everywhere our customers tune in Design Refresh A Sleeker In-App Experience Exclusive Content Streaming Only Stations & Artist Experiences Expanded Reach New Distribution & Promotional Agreements
Slide 7: Extending Our Ad Platform
Extending Our Ad Platform Supporting the complete audio advertising ecosystem A leader in monetization across the audio ecosystem with $1.8 billion in audio advertising, supporting advertisers, creators, publishers, and listeners. Trailing Twelve Months Advertising Revenue 4Q’20 – 3Q’21: $1.7B 4Q’21
Slide 8: Extending Our Ad Platform
Extending Our Ad Platform Supporting the complete audio advertising ecosystem
Slide 9: SiriusXM Everywhere
SiriusXM Everywhere The next phase of our evolution
Slide 10: SiriusXM Everywhere
SiriusXM Everywhere The next phase of our evolution
Slide 11: SiriusXM Everywhere
SiriusXM Everywhere The next phase of our evolution
Slide 12: Super-Serving Our Audiences
Super-Serving Our Audiences SiriusXM at the intersection of scale and passion 2019 2020 2021 2022 Fueling Fandom Something for Everyone Creating Culture Curated Content Passionate A Diverse Portfolio with Exclusive Talent and Audiences Crave Personalized Listening Must-Hear Moments
Slide 13: SiriusXM Self-Pay Subscribers
SiriusXM Self-Pay Subscribers Long record of continued growth >32.0 32.0 30.9 187,000 30.0 Net additions in 3Q 2022 2019 2020 2021 2022 (In millions)
Slide 14: Trailing Twelve Month Financial Highlights
Trailing Twelve Month Financial Highlights Solid financial performance $ 1.79B $ 6.86B $ 9.00B Ad Revenue Sub Revenue Total Revenue Up 4.6% YoY Up 5% YoY Up 4.6% YoY $7.92 $8.04 $8.69 ~$9.00E $ 2.76B $2.43 $2.58 $ 1.50B $2.77 ~$2.80E $1.65 $1.66 $1.83 ~$1.55E Adj. EBITDA Free Cash Flow Flat YoY Down
Slide 15: Consistent Record of Revenue and Adj. EBITDA Growth
Consistent Record of Revenue and Adj. EBITDA Growth Plus substantial continued cash generation ~$9.00E $2.77 ~$2.80E $1.83 $8.69 $1.65 $1.66 $2.58 ~$1.55E $8.04 $7.92 $2.43 2019 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022 Revenue Adj. EBITDA Free Cash Flow (in billions) (in billions) (in
Slide 16: Strong Capital Returns
Strong Capital Returns Healthy cash generation enables significant capital returns Dividends $0.0968 1.5% $ 1.8B Year-to-date capital returns to stockholders Per Year Yield $2.39B $1.84B 10% $1.81B $1.78B November 2022 increase to quarterly dividend 16% Annualized growth rate since inception 2019 20
Slide 17: SiriusXM
((Siriusxi))
Slide 18: Appendix
Appendix
Slide 19: Reconciliation from GAAP Net Income to Non-GAAP Adj. EBITDA
Reconciliation from GAAP Net Income to Non-GAAP Adj. EBITDA For the Three Months Ended For the Twelve Months Ended December 31, March 31, June 30, September 30, December 31, March 31, June 30, September 30, September 30, (in millions) 2020 2021 2021 2021 2021 2022 2022 2022 2021 2022 Net income: $ (