Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — Q1 FY2026 Earnings Presentation
20 slides from Vodafone Qatar Qsc's earnings presentation, Apr 21, 2026
Slide 1: Investor Presentation: Financial Performance, Three months ended 31 March 2026
Vodafone Qatar P.Q.S.C. Investor Presentation Financial Performance: Three months ended 31 March 2026
Slide 2: Disclaimer
Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation may
Slide 3: Performance Highlights
Hamad Al-Thani Performance Chief Executive Officer Highlights
Slide 4: Key Highlights
Key Highlights FY26 Q1 Financial Enhanced Customer Diversification on Growth Focus Performance Experience Track • Total Revenue reached QR • Continued network • Non-Mobile Service • Continue focus on growing 914m (+7.1% YoY) coverage expansion across Revenue components Postpaid & Home while both mob
Slide 5: Financial Performance
Masroor Anjum Financial Chief Financial Officer Performance
Slide 6: Key Financial Highlights
Key Financial Highlights Strong Cost Topline Growth Continuing Robust Cash flow Discipline Driving Continues Profitability Growth Generation Operating Leverage • 7.1% increase in Total • Operating leverage • 13.4% growth in EBITDA • Resilient core cash flow: Revenue improved as revenue Underlying gr
Slide 7: FY26 Q1 Year on Year: Persistent topline and profitability growth
FY26 Q1 Year on Year ⋮ Persistent topline and profitability growth Revenue* Expenses* EBITDA Net Profit +7.1% +2.6% +13.4% +24.0% 914 495 508 406 201 • Total revenue increased QR 61m (+7.1%), 853 127 +9.4% 358 driven by growth across all core revenue 134 162 segments 187 192 • OPEX increased QR 5m (
Slide 8: Service Revenue: Growth momentum continues across all segments
Service Revenue ⋮ Growth momentum continues across all segments Postpaid* Prepaid* Wholesale, Mgd. Services & Fixed Service Revenue CAGR CAGR -0.1% CAGR +2.6% +6.7% +6.5% +6.5% +9.4% 351 147 146 CAGR +14.5% 787 327 327 328 137 +18.4% 290 317 134 134 704 719 687 254 243 611 225 148 FY22 FY23 FY24 FY2
Slide 9: Key Ratios: Driving margin expansion through operational excellence
Key Ratios ⋮ Driving margin expansion through operational excellence OPEX Intensity EBITDA Margin Reported Reported Margin Underlying Reported excl. World Cup & one-offs Underlying margin* +1.4ppts 24.5% 50.0% 23.7% 48.6% 24.1% 23.4% 45.8% -1.2ppts 45.2% 45.1% +1.3ppts 23.1% 44.5% 22.2% 43.7% 42.8%
Slide 10: Capital Expenditure: Investments driving profitable growth
Capital Expenditure ⋮ Investments driving profitable growth Capital expenditure (CAPEX) Net Profit Margin and Return on Equity (ROE*) 21.5% 17.7% 15.5% +1.67ppts 13.8% 8.9% 22.0% 660 20.4% 18.8% 17.4% +1.34ppts 550 535 16.4% 15.0% 550 13.6% 441 12.0% 524 492 11.1% 10.7% 415 81 110 26 26 43 FY22 FY23
Slide 11: FY26 Q1 Year on Year: Robust operational cash flows
FY26 Q1 Year on Year ⋮ Robust operational cash flows Free Cash flow Net Debt Net Debt to Equity One-off 282 +13m -232m -5.2ppts • Underlying free cash flow (-45.5%) (+5.3%) 510 10.8% increased 5.3% reflecting 38 258 strong collections • Despite dividend pay-out for FY25, net debt decreased significa
Slide 12: Key Financial Performance Indicators: Trends
Key Financial Performance Indicators ⋮ Trends Service Revenue* Total Revenue* EBITDA Net Profit 914 406 201 920 787 CAGR 900 +6.5% 880 CAGR CAGR 853 CAGR +17.0% 860 +5.8% +7.8% 719 358 162 840 704 820 806 150 687 338 800 776 133 780 320 760 301 611 740731 107 720 700 FY22 FY23 FY24 FY25 FY26 FY22 FY
Slide 13: FY26 Guidance
FY26 Guidance FY26 Guidance Financial KPIs FY25 Results Previous Updated Total revenue QR 3,447m + YoY% + Mid single digits % YoY EBITDA Margin U/L 43.2% > 43% > 43.5% Net Profit U/L QR 715m - + Mid-teens % YoY CAPEX intensity 15.5% 14.5% - 15.5% 14.5% - 15.5% Q1YTD FY25 Q3 FY26 Financial Financial
Slide 14: Together we can
Together we can O vodafone
Slide 15: Appendix
Financial Appendix Performance For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.qa
Slide 16: Consolidated Statement of Income
Consolidated Statement of Income Three months ended QR m (unless otherwise stated) 2026 2025 YoY Revenue 914 853 61 Interconnection and other direct expenses (303) (300) (2) • Total revenue increased QR 61m (+7.1%), driven by Network and other operational expenses (117) (118) 2 growth across all cor
Slide 17: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position QR m (unless otherwise stated) 31 Mar 26 31 Dec 25 Var Property, plant and equipment 1,938 1,959 (21) Assets Intangible assets 3,769 3,819 (50) 375 386 (11) • Property, plant & equipment and intangible assets decreased by QR 71m due Right-of-use assets Eq
Slide 18: Mobility Subscribers
Mobility Subscribers Postpaid Prepaid Total Mobility +9.4% +0.8% -2.4% 622 1,554 1,532 1,559 2,174 2,140 615 1,517 2,123 2,108 2,080 1,487 593 577 569 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 Q1YTD FY25 Q3 FY26 Financial
Slide 19: Mobility ARPU
Mobility ARPU Postpaid Prepaid Total Mobility -2.8% +3.6% +6.0% 193.6 192.9 192.0 191.6 33.7 78.8 188.2 75.6 75.9 75.8 31.9 73.1 30.9 31.1 29.4 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 Q1YTD FY26 Financial Performance ARP
Slide 20: Thank you!
_ Thank you!
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