Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q1 FY2024 Earnings Presentation
22 slides from Ufo Moviez India's earnings presentation, 2023
Slide 1: Q1FY24 Results Presentation
Q1FY24 Results Presentation
Slide 2: Safe Harbour
Safe Harbour The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), for informational purpose only and does not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the Comp
Slide 3: UFO Moviez at a Glance
UFO Moviez at a Glance 3,234 1,181 High Impact Cities & Towns Ad Screens Across India 581 Power to Impact Movies upto 1.7 billion Digitally Viewers Delivered Annually in Q1FY24 3
Slide 4: UFO’s Core Offerings
UFO’s Core Offerings Cinema Value Chain UFO’s Offering Advantage Revenue Stream Content Digitization Producer Digitization Fee Satellite or Content Delivery Physical Cost & Time Distributor Charges & VPF Delivery of Arbitrage Service Revenue Content Fixed Rental / Cinema Sale of Exhibitor Equipment
Slide 5: Financial & Operating Highlights
Financial & Operating Highlights
Slide 6: Consolidated Financial Highlights Q-o-Q
Consolidated Financial Highlights Q-o-Q Q1FY24 vs Q4FY23 (INR Mn) Total Revenue EBITDA 884 163 853 -3% 115 42% Q1FY24 Q4FY23 Q1FY24 Q4FY23 PBT PAT 36 25 634% 316% -12 -7 Q1FY24 Q4FY23 Q1FY24 Q4FY23 6
Slide 7: Consolidated Financial Highlights Y-o-Y
Consolidated Financial Highlights Y-o-Y Q1FY24 vs Q1FY23 (INR Mn) Total Revenue EBITDA 906 853 163 -6% 98 67% Q1FY24 Q1FY23 Q1FY24 Q1FY23 PBT PAT 36 232% 25 -27 201% -26 Q1FY24 Q1FY23 Q1FY24 Q1FY23 7
Slide 8: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) Q1FY24 Q4FY23 Q1FY23 178 235 248 20% 28% 318 28% 350 340 37% 40% 38% 849 878 900 382 297 281 42% 35% 32% Advertisement Revenue Distributor Revenue Exhibitor Revenue QoQ % YoY % (INR Mn) Q1FY24 Q4FY23 Q1FY23 Change Change Advertisement Revenue (i) 235 248 -5% 178 32%
Slide 9: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 10: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,234 1,957 1,277 ~1.7 Bn Metro and Tier I Other Cities and Towns Q1FY24 Prime Popular Prime Popular # of UFO Screens 842 235 1,115 1,042 Cities and Towns 127 100 426
Slide 11: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis Government + PSU INR Mn Corporate + Retail 246 218 176 70% 82% 86% 30% 18% 14% Q1FY24 Q4FY23 Q1FY23 Q1FY24 Q4FY23 Q1FY23 Ad Revenue / Screen for the period (Avg) 66,293 72,996 50,510 (Rs.) Average # of minutes sold / show / Ad Screen 4.23 4.60 2.80 Advertisem
Slide 12: Theatrical Revenues
Theatrical Revenues
Slide 13: Theatrical revenues from Distributors
Theatrical revenues from Distributors Content Delivery Charges Revenue (INR Mn) Revenue (INR Mn) 206 206 221 186 Q1FY24 Q4FY23 Q1FY24 Q1FY23 VPF Service Revenue Revenue (INR Mn) Revenue (INR Mn) 63 42 47 42 16 15 16 19 Q1FY24 Q4FY23 Q1FY24 Q1FY23 Gross Revenue Net Revenue Gross Revenue Net Revenue N
Slide 14: Operating Parameter – Distributor Revenue
Operating Parameter – Distributor Revenue # of Screens* Q1FY24 Q4FY23 Q1FY23 CDC Category Screens 2,983 2,994 3,175 VPF Category Screens 346 333 1,797 Total 3,329 3,327 4,972 # of Screens as on June 30, 2023 Revenue / Screen (Average) (INR) Q1FY24 Q4FY23 Q1FY23 CDC Category Screens 68,798 61,439 68,
Slide 15: Financial Performance
Financial Performance
Slide 16: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q1FY24 Q4FY23 % Change Q1FY23 % Change Revenue from Operations 849 879 -3% 900 -6% Other Income 4 6 -20% 5 -17% Total Revenue 853 885 -4% 906 -6% Total Expenses 690 769 -10% 808 -15% EBITDA 163 115 42% 98 67% Depreciation and Amortisation 110 126 -13% -12
Slide 17: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q1FY24 Q4FY23 Q1FY23 1) Total Operating Direct Cost 39.94% 41.40% 41.70% Key Operating Direct Cost Components - Advertisement revenue share payment 12.31% 14.25% 9.90% - VPF service revenue share 3.09% 3.62% 4.86% - Purchase of Equip
Slide 18: Annexure
Annexure
Slide 19: Historical Advertisement Performance
Historical Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,547 1,167 755 Severely Impacted due to the COVID-19 pandemic. 151 25 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 19
Slide 20: Historical In-Cinema Advertising Performance
Historical In-Cinema Advertising Performance Government + PSU Corporate + Retail INR Mn 2,131 2,047 1,792 1,578 1,481 43% 47% 1,167 44% 47% 66% 740 46% 57% 53% 56% 66% 53% 54% 34% 34% FY15 FY16 FY17 FY18 FY19 FY20 FY23 # of Screens with Ad Rights 3,784 3,713 3,745 3,897 3,697 3,792 3,348 Annual Ad R
Slide 21: Shareholding
Shareholding June (% of Total # of shares) 30, 2023 Promoters 22.61% Institutional Investors 24.52% Foreign Portfolio Investors 0.75% Corporate Bodies 4.22% Others 47.89% Total # of Shares 3,83,32,349 21
Slide 22: About UFO Moviez India Limited
About UFO Moviez India Limited UFO is the first one, to enable cinema digitization with satellite technology in India. That also makes UFO the largest in- cinema advertising platform, with the power to impact almost 1.7 billion viewers annually through 3,234 screens comprising of 1,957 screens in th