Taiwan Mobile Co., Ltd. · TWSE:3045
Taiwan Mobile — Q4 2025 Earnings Presentation
20 slides from Taiwan Mobile's earnings presentation, Mar 13, 2026
Slide 1: Taiwan Mobile Co., Ltd. 4Q25 Results Summary
Taiwan Mobile Co., Ltd. 4Q25 Results Summary Mar 13, 2026
Slide 2: Disclaimer
2 Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (or hereafter the “Company”) undertakes no obligation to update
Slide 3: Business Overview
Business Overview
Slide 4: 2025 Highlights
4 2025 Highlights Solid Growth in Telco, Telco+ and New Telco+Tech Businesses Telco+Tech New Telco+Tech Businesses +12% YoY Telco+ Enterprise Business +26% YoY Telco Core Mobile Service Revenue +2% YoY (non-bundle) Merger One-off Synergies Gain (Y24) Consolidated EBITDA Net Income +6% YoY New High 9
Slide 5: Mobile – Growth Engine #1
5 Mobile – Growth Engine #1 Sustainable Growth Foundation Telco Core Smartphone ARPU Mobile Service Revenue 5G Penetration of (non-bundle) Smartphone User Base +3% 100% 687 YoY 678 4G 669 666 670 50% 5G 64% 68% 41% 44% 0% 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 Monthly Fee Uplift
Slide 6: Broadband – Growth Engine #2
6 Broadband – Growth Engine #2 4Q25 Broadband Revenue up 5% YoY Telco Core OTT Content Double Play Cable OTT bundle plan Mobile (Fixed Services offerings Broadband) Competitive Pricing for Broadband Market Share Cable Broadband Subscriber Broadband Add-ons (1Gbps) (TFNM+Double Play) Broadband YoY Pr
Slide 7: Telco+ – Growth Engine #3 Revenue Up 26% YoY in 2025
7 Telco+ – Growth Engine #3 Telco+ Revenue Up 26% YoY in 2025 Enterprise Small and Medium Enterprises AI Data Internet of Cybersecurity Mobile Telecom Telecom OPBiz Center Vehicles Services landline AI Industrial Cloud Number Masking AI voice M+ Smart Dining Applications Services Service reservation
Slide 8: New Telco+Tech – Growth Engine #4 Revenue Up 12% YoY in 2025
8 New Telco+Tech – Growth Engine #4 Telco+Tech Revenue Up 12% YoY in 2025 DCB (Direct Carrier Billing) Gaming Publishing EC Services for Brands TelcoFin Web3 EV Charging
Slide 9: momo
9 momo Active Users Revenue Take Rate (NT$mn) 112,564 108,666 15.0% 13.6% 13.6% +3% 14.0% 13.0% YoY 12.0% 2025 11.0% 10.0% 2024 2025 2024 2025 Emerging Growth Driver mo-shop+ (3P) momo RMN Triple-Digit YoY Growth >3.4mn ~40% ~1.5x 3P GMV 3P SKUs Merchant ROAS Penetration vs. other market players *No
Slide 10: Financial Overview
Financial Overview
Slide 11: Performance by Business
11 Performance by Business Revenue EBITDA NT$bn Telecom momo CATV Total1 Telecom momo CATV Total1 4Q25 25.39 31.67 1.48 56.79 9.00 1.49 0.77 11.40 % of 45% 56% 3% 100% 79% 13% 7% 100% total 4Q25 12% -5% 1% 1% 12% -16% -2% 5% YoY 2025 89.39 108.67 5.93 198.76 35.00 4.74 3.17 43.17 % of 45% 55% 3% 100
Slide 12: Results Summary
12 Results Summary 4Q25 2025 NT$bn Amount QoQ YoY Amount YoY Revenues 56.79 23% 1% 198.76 0% Cash Cost & Expense (45.39) 27% 0% (155.59) -1% Operating Income 6.01 17% 10% 21.45 6% Non-op. Income (Exp.) (0.42) 83% -15% (1.51) 110% Pre-tax Income 5.59 14% 12% 19.94 2% Net Income 3.88 8% 12% 14.44 4% E
Slide 13: Balance Sheet Analysis
13 Balance Sheet Analysis NT$bn 4Q25 3Q25 4Q24 NT$bn 4Q25 3Q25 4Q24 Total Assets 234.66 233.59 241.43 Liabilities 140.11 143.51 147.50 Current Assets 42.72 39.81 44.64 Current Liabilities 62.17 62.51 81.77 - Cash & Cash Equivalents 8.57 7.46 11.95 - ST Debts 21.70 24.47 41.70 - Receivable & Contract
Slide 14: Cash Flow Analysis
14 Cash Flow Analysis NT$bn 4Q25 4Q24 2025 2024 Operating 10.32 8.89 37.50 36.05 Investing (2.12) (2.26) (11.15) (14.90) Financing (7.09) (4.16) (29.73) (22.45) NT$bn 4Q25 4Q24 2025 2024 Pre-IFRS 16 Operating1 9.15 7.73 32.91 30.79 Cash CAPEX (2.34) (1.85) (11.20) (11.05) Free Cash Flow 6.81 5.88 21
Slide 15: Event Updates
Event Updates
Slide 16: 2025 Earnings Distribution
16 2025 Earnings Distribution On March 13, Taiwan Mobile’s Board approved the proposal to distribute NT$14.52bn in cash dividends, translating to c.4.5% yield to shareholders. Dividend per share increased by 7% YoY to NT$4.8 (over 100% payout ratio) on 3.025bn shares, excluding treasury shares held
Slide 17: 2026 Guidance
17 2026 Guidance Consolidated revenue: up 5~7% YoY Telecom-related revenues: up 5~7% YoY Consolidated operating profit: up 1%~2% YoY Telecom operating profit: up 4~6% YoY Group capex: NT$8.24bn Telecom: NT$6.13bn Cable TV: NT$1.03bn momo & others: NT$1.08bn Note: Please refer to material information
Slide 18: Awards and ESG Recognitions
18 Awards and ESG Recognitions Tracking ahead 4 awards Top 5% across all sectors Achieved 17% renewable energy Video Experience The highest “AAA” rating in the TIP in 2025 5G Video Experience Taiwan Sustainability Rating 5G Voice App Experience Availability The highest honor Double accolades 18th ti
Slide 19: Key Message
19 Key Message Taiwan Mobile delivered a landmark year in 2025, achieving record-high EBITDA and solid growths across all key financial metrics. For 2026, we are confident in achieving our guidance via three pillars: • Reinforcing the Core: Driving growth through unique bundles, cross- selling, and
Slide 20: SIBASK
SIBASK Taiwan Mobile