Slide 1: Earnings Presentation 2Q 2024
2Q 2024 – Earnings Presentation 1 Earnings Presentation 2Q 2024
Slide 2: Contents
2Q 2024 – Earnings 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 innovative in
Slide 3: Performance Highlights
2Q 2024 – Earnings Presentation 3 Performance Highlights 1H 2024
Slide 4: 1H 2024 Financial Highlights
2Q 2024 – Earnings Presentation 4 1H 2024 Group Revenue Gross Profit Net Profit Financial SAR 2,199.6 M SAR 698.9 M SAR 237.8 M Highlights +10.0% YoY +55.9% YoY +359.8 YoY 31.8% GP margin 10.8% NI margin Following a strong close to FY 2023, MBC continued to deliver robust growth Broadcasting & Other
Slide 5: 1H 2024: Key Performance Highlights
2Q 2024 – Earnings Presentation 5 1H 2024: Key Performance Highlights Group total revenues up 10% to SAR 2,199.6 M in 1H 2024, driven by a healthy recovery in TV Revenue and sustained Shahid subscriber growth, coupled with increased revenues from broadcast and technical services. Content has been a
Slide 6: Our Group Segments
2Q 2024 – Earnings Presentation 6 Our Group Segments MBC has continued to grow its presence and reach in the MENA region through three primary verticals Broadcasting & Other Media & Entertainment Shahid - OTT Commercial Activities Initiatives The commercial activities of MBC Group A dual revenue app
Slide 7: Financial Summary
2Q 2024 – Earnings Presentation 7 Financial Summary 1H 2024
Slide 8: Group Financial Performance
2Q 2024 – Earnings Presentation 8 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 Profit (SAR Millions) (SAR Millions / GPM %) (SAR Millions / NPM %) 2,200 6%
Slide 9: Broadcasting & Other Commercial Activities Performance
2Q 2024 – Earnings Presentation 9 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 Profit (SAR Millions) (SAR Millions / GPM %) (SAR Millions /
Slide 10: Shahid (OTT) Performance
2Q 2024 – Earnings Presentation 10 Shahid (OTT) Performance Shahid has experienced exceptional revenue growth across all its operations with a stable cost structure REVENUE BREAKDOWN GROSS PROFIT Net Profit (SAR Millions) (SAR Millions / GPM %) (SAR Millions / NPM %) 557 18% 17% (17) 116 396 (24) 97
Slide 11: Media & Entertainment Initiatives Performance
2Q 2024 – Earnings Presentation 11 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 Profit (SAR Millio
Slide 12: Guidance
2Q 2024 – Earnings Presentation 12 Guidance Broadcasting & 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 Profit Margin SAR 750-940 MN Net Profit Margin 16%-18% (2
Slide 13: Outlook
2Q 2024 – Earnings Presentation 13 Outlook
Slide 14: Growth Opportunities
2Q 2024 – Earnings Presentation 14 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 revenue stre
Slide 15: Investment Highlights
2Q 2024 – Earnings Presentation 15 Investment Highlights
Slide 16: Investment Highlights
2Q 2024 – Earnings Presentation 16 Investment Highly attractive macro fundamentals supporting long- 1 term, sustainable growth across Media and Entertainment Highlights verticals Leading broadcasting company in the MENA region with Leveraging our unique 2 unparalleled reach value proposition to capi
Slide 17: Q&A
2Q 2024 – Earnings Presentation 17 Q&A