Etihad Etisalat Co. · TADAWUL:7020

Etihad Etisalat — Q1 2023 Earnings Presentation

17 slides from Etihad Etisalat's earnings presentation, May 17, 2023

  1. Slide 1: Earnings Presentation Q1 2023

    Etihad Etisalat Investor Relations May 17, 2023 Earnings Presentation Q1 2023

  2. Slide 2: Disclaimer

    Disclaimer This document has been prepared by Mobily (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairne

  3. Slide 3: Content

    Content • Saudi Regulatory and Telecom Environment • Q1-23 in Review • Strategy 2023+ • Operational Performance Highlights • Sustainability at Mobily • Financial Performance Highlights • Key Financial Highlights Earnings Earnings Presentation Presentation | Q1 2023 | Q1 2023

  4. Slide 4: Saudi Regulatory and Telecom Environment

    Saudi Regulatory and Telecom Environment 3.3% KSA median download speeds2 3.1% 2.7% KSA annual inflation 1 2.0% 2.3% 101.92 Mbps 89.20 Mbps 2.7% YoY Mobile Fixed broadband Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Mobily achieved the lowest latency in KSA for Q4-223 3M SAIBOR 6M SAIBOR 5.6% 5.7% 29 MS 22 MS 11

  5. Slide 5: Q1-23 in Review

    Q1-23 in Review February 07 Mar 15 Mobily obtained the Mobily achieved the “Procurement Excellence “Best Customer Programme Certificate PEP” Experience” award by CST for the second time February 28 in a row Mar 21 Mobily is the “Fastest Mobily’s participation in Growing Telecoms Brand” launching “Sk

  6. Slide 6: Strategy 2023+

    Strategy 2023+ Expand 5G Increase Ensure rollout and market share commitment to achieve ESG network Evolve into coverage performance the TMT excellence company of the future Achieve total Transform the Repositioning experience business to to be a leader leadership address new in new trends opportuni

  7. Slide 7: Operational Performance Highlights

    Operational Performance Highlights Business  Signed multiple deals with strategic partners like MOMRA, NEOM and Public Security  Revamped the fixed voice services to enhance product features and customer experience Consumer  Launched self-service activation SIM (SSA) and Mobily TV App  Successfu

  8. Slide 8: Sustainability at Mobily

    Sustainability at Mobily Aligning with National and International Frameworks Saudi Vision 2030 Saudi ICT Global Reporting Saudi Green Initiative Strategy 2023 Initiative Mobily Contribution to the Sustainable Development Goals work ESG 2022 Performance at a Glance Successful conclusion Launched the

  9. Slide 9: Financial Performance Highlights (SAR Million)

    Financial Performance Highlights (SAR Million) “Leadership in Enriching your Digital World” Revenues Net Income Strong achievements in our financial KPI’s: SAR 4,051 SAR 465  Efficiency measures taken and reflected in the strong EBITDA +6.3% YoY +45.7% YoY  45.7% YoY growth in Net Income  Ongoing

  10. Slide 10: Robust Revenue Growth

    Key Financial Highlights | Robust Revenue Growth +6.3% 4,132 -1.9% 3,899 4,051 3,811 3,828 Revenues (SAR Million) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Revenues increased 6.3% YoY SAR 4,051 million:  The strong Business growth is a result of the continuous digitization and modernization of networ

  11. Slide 11: Steady EBITDA Performance

    Key Financial Highlights | Steady EBITDA Performance +8.0% 1,770 -12.2% 1,476 1,477 1,554 1,439 EBITDA and EBITDA Margin 37.7% 38.6% 42.8% 38.3% 37.8% (SAR Million) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 EBITDA increased 8.0% YoY to SAR 1,554 million:  The YoY improvement in EBITDA was supported b

  12. Slide 12: CAPEX Rationalization Continues

    Key Financial Highlights | CAPEX Rationalization Continues +2.2% 1,159 CAPEX and -80.6% CAPEX/Revenues% 396 (SAR Million) 319 28.0% 220 224 5.8% 8.2% 10.3% 5.5% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 CAPEX expanded 2.2% YoY to SAR 224 million:  Consistent rationalization of CAPEX in line with the

  13. Slide 13: Healthy Cash Generation

    Key Financial Highlights | Healthy Cash Generation +9.0% 1,329 1,219 1,157 1,081 Free Cash Flow +117.5% (EBITDA – CAPEX) 611 (SAR Million) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Free Cash Flow increased 9.0% YoY, primarily due to:  Solid EBITDA growth, slightly offset by the increase in CAPEX Free

  14. Slide 14: Ongoing Deleveraging

    Key Financial Highlights | Ongoing Deleveraging -19.7% 11,693 11,973 11,003 10,199 -7.9% 9,393 Net Debt and 2.06x 2.06x 1.86x 1.66x 1.50x Net Debt/EBITDA (SAR Million) 0.0% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Net Debt and Net Debt/EBITDA improvement:  Strong downtrend in Net Debt/EBITDA ratio a

  15. Slide 15: Sustained Profitability

    Key Financial Highlights | Sustained Profitability +45.7% 606 -23.3% 465 Net Income 360 373 (SAR Million) 319 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Net Income increased by 45.7% YoY, on the back of:  Solid revenue growth of 6.3% YoY, along with excellent EBITDA growth (+8.0% YoY)  Net Income was

  16. Slide 16: Q&A

    Q&A Earnings Earnings Presentation Presentation | Q1 2023 | Q1 2023

  17. Slide 17: Thank you

    Etihad Etisalat Investor Relations Thank you Mobily IR Webpage Mobily IR App Mobily Investor Mobily Investor Relations Webpage Relations Application E-mail IRD@mobily.com.sa

Etihad Etisalat Co. (Mobily) — Q1 2023 Earnings Presentation on 6ix