Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q4 FY2023 Earnings Presentation
23 slides from Ufo Moviez India's earnings presentation, May 25, 2023
Slide 1: Q4&FY23 Results Presentation
Q4&FY23 Results Presentation May 25, 2023
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 3,348 1,175 High Impact Cities & Towns Ad Screens Across India 2,083 Power to Impact Movies upto 1.7 billion Digitally Viewers Delivered Annually in FY23 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 (1/2)
Consolidated Financial Highlights (1/2) Q4FY23 vs Q4FY20 and Q3FY23 (INR Mn) Total Revenue EBITDA 1,094 1,109 884 275 81% -20% Recovery 42% 115 101 Recovery 14% Q4FY20 Q4FY23 Q3FY23 Q4FY20 Q4FY23 Q3FY23 PBT PAT 94 30% 68 -300% -7 -10 -12 -3 Q4FY20 Q4FY23 Q3FY23 Q4FY20 Q4FY23 Q3FY23 6
Slide 7: Consolidated Financial Highlights (2/2)
Consolidated Financial Highlights (2/2) FY23 vs FY20 and FY22 (INR Mn) Total Revenue EBITDA 5,039 3,976 1,194 31% 339 79% 1,639 Recovery 172% Recovery 143% -472 FY20 FY23 FY22 FY20 FY23* FY22 PBT PAT 522 388 36% 85% -107 -132 -869 -145 FY20 FY23 FY22 FY20 FY23 FY22 . *FY23 EBITDA is before consideri
Slide 8: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) Q4FY23 Q4FY22 FY23 FY22 73 151 755 9% 248 13% 19% 28% 350 242 1,711 40% 878 548 44% 3,959 43% 528 1,601 32% 922 233 58% 281 43% 1,493 32% 38% Advertisement Revenue Distributor Revenue Exhibitor Revenue (INR Mn) Q4FY23 Q4FY22 % Change FY23 FY22 % Change Advertisement
Slide 9: Consolidated Revenue Mix (Pre-pandemic Comparison)
Consolidated Revenue Mix (Pre-pandemic Comparison) (INR Mn) Q4FY23 Q4FY20 FY23 FY22 755 248 302 19% 1,547 28% 350 28% 31% 449 1,894 40% 41% 1,711 38% 878 1,093 3,959 43% 5,022 281 343 1,493 38% 528 32% 31% 32% Advertisement Revenue Distributor Revenue Exhibitor Revenue (INR Mn) Q4FY23 Q4FY20 % Recov
Slide 10: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 11: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,348 2,073 1,275 ~1.7 Bn Metro and Tier I Other Cities and Towns FY23 Prime Popular Prime Popular # of UFO Screens 927 235 1,146 1,040 Cities and Towns 132 104 405 78
Slide 12: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis INR Mn Government + PSU 1,481 Corporate + Hyperlocal 66% 740 301 77% 246 62% 34% 70% 38% 30% 23% Q4FY20 Q4FY23 FY20 FY23 Q4FY20 Q4FY23 FY20 FY23 Ad Revenue / Screen for the period (Avg) 80,990 72,996 395,524 216,702 (Rs.) Average # of minutes sold / show / Ad
Slide 13: Theatrical Revenues
Theatrical Revenues
Slide 14: Theatrical revenues from Distributors
Theatrical revenues from Distributors Content Delivery Charges Revenue (INR Mn) Revenue (INR Mn) 1,193 879 260 186 Q4FY20 Q4FY23 FY20 FY23 VPF Service Revenue Revenue (INR Mn) Revenue (INR Mn) 243 163 72 74 47 30 15 13 Q4FY20 Q4FY23 FY20 FY23 Gross Revenue Net Revenue Gross Revenue Net Revenue *Net
Slide 15: Operating Parameter – Distributor Revenue
Operating Parameter – Distributor Revenue # of Screens** Q4FY23 Q4FY20 FY23 FY20 CDC Category Screens 2,994 3,527 2,994 3,527 VPF Category Screens 333 1,677 333 1,677 Total 3,327 5,204 3,327 5,204 # of Screens as on March 31, 2023 Revenue / Screen (Average) (in Rs.) Q4FY23 Q4FY20 FY23 FY20 CDC Categ
Slide 16: Financial Performance
Financial Performance
Slide 17: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q4FY23 Q4FY20 % Change FY23 FY20 % Change Revenue from Operations 879 1,093 -20% 3,959 5,021 -21% Other Income 6 0 - 18 18 0% Total Revenue 885 1,093 -19% 3,977 5,039 -21% Total Expenses 769 818 -6% 3,639 3,845 -5% EBITDA (Reported) 115 275 -58% 339 1194
Slide 18: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q4FY23 Q4FY20 FY23 FY20 1) Total Operating Direct Cost 41.40% 38.48% 47.34% 40.94% Key Operating Direct Cost Components i) Advertisement revenue share payment 14.25% 7.59% 11.19% 10.70% ii) VPF service revenue share 3.62% 1.55% 4.25%
Slide 19: Annexure
Annexure
Slide 20: 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 20
Slide 21: Historical In-Cinema Advertising Performance
Historical In-Cinema Advertising Performance Government + PSU Corporate + Hyperlocal 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
Slide 22: Shareholding
Shareholding March (% of Total # of shares) 31, 2023 Promoters 22.71% Institutional Investors 24.62% Foreign Portfolio Investors 1.07% Corporate Bodies 4.15% Others 47.45% Total # of Shares 38,176,230 22
Slide 23: 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 3,348 screens comprising of 2,073 screens in th