SK Telecom Co., Ltd. · KRX:017670

SK Telecom — Q4 2020 Earnings Presentation

15 slides from SK Telecom's earnings presentation, Feb 3, 2021

  1. Slide 1: Investor Briefing: Results for the FY 2020

    Investor Briefing Results for the FY 2020 (K-IFRS, Non-audited) SK Telecom February 3, 2021 0

  2. Slide 2: Disclaimer

    Investor Briefing Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom (the “Company”, or “SKT”) and its subsidiaries and plans and objectives of the management of the Company. The aforementioned fo

  3. Slide 3: Contents

    Investor Briefing Contents 2020 Highlights 3 MNO 6 Media 8 Security 9 Commerce 10 Financial Results 11 Financial Statements 12 Operating Data 14 2

  4. Slide 4: 2020 Highlights: Consolidated Financial Highlights

    2020 Highlights Investor Briefing Consolidated Financial Highlights (KRW bn) 2020 2019 YoY 4Q20 3Q20 QoQ Operating Revenues 18,624.7 17,740.7 5.0% 4,839.3 4,731.4 2.3% MNO 1) 11,746.6 11,421.3 2.8% 2,938.4 2,942.2 -0.1% Media 2) 3,713.5 3,167.9 17.2% 1,008.4 965.8 4.4% Security 3) 1,338.6 1,193.2 12

  5. Slide 5: 2020 Highlights: Biz. Highlights

    2020 Highlights Investor Briefing Biz. Highlights □ Launched SKT’s 5th major business area and made a leap as a Big Tech company through the expansion of New ICT Portfolio • Strengthened 5 major business areas and growth drivers through successful merger of SK Broadband and t-broad April 2020, estab

  6. Slide 6: 2020 Highlights

    2020 Highlights Investor Briefing □ Decided to merge ADT Caps and SK Infosec to gain leadership in the integrated security market and achieve growth acceleration • Record-high annual revenue KRW 1.3tn with balanced growth in both physical security and information security businesses • With the merge

  7. Slide 7: MNO

    MNO Investor Briefing Accelerated 5G expansion and distribution innovation led to continued growth of operating income Maintained 5G leadership through innovative business models and differentiated customer experiences Mobile service revenue Marketing expense Made a successful turnaround with a 2.7%

  8. Slide 8: MNO: 5G subscribers and 2021 key plans

    MNO Investor Briefing Accelerated 5G expansion and distribution innovation led to continued growth of operating income Maintained 5G leadership through innovative business models and differentiated customer experiences 5G subscribers MNO business key plans for 2021 Increased by 1.21mn QoQ to 5.48mn

  9. Slide 9: Media

    Media Investor Briefing SK Broadband achieved both revenue growth of over 17% and improved profitability in 2020, led by IPTV subscriber growth and the t-broad merger SK Broadband revenue SK Broadband operating income Revenue recorded KRW 3.7tn, up 17.2% YoY The t-broad merger and growth of pay tv w

  10. Slide 10: Security

    Security Investor Briefing With ADT Caps and SK Infosec sustaining high growth of over 10%, Security business achieved annual revenue of KRW 1.3 trillion Revenue Operating income Annual revenue was up 12.2% YoY to KRW Annual operating income fell by 8.2% YoY to 1.3tn thanks to double-digit growth of

  11. Slide 11: Commerce

    Commerce Investor Briefing In 2020, Commerce achieved growth in terms of both profitability and volume by strengthening strategic marketing Revenue Operating income Driven by GMV growth over 10%, 11st annual SK stoa became No. 1 in t-commerce with revenue turned to positive growth while SK stoa stro

  12. Slide 12: Financial Results

    Financial Results Investor Briefing Consolidated results SKT non-consolidated results 2020 revenue grew by 5.0% YoY due to the 2020 revenue made a turnaround on the back of MNO revenue increase trend led by 5G 5G subscriber growth subscriber growth and a big growth in New 2020 EBITDA increased by 3.

  13. Slide 13: Financial Statements – Income Statements

    Financial Statements – Income Statements Investor Briefing  Consolidated Income Statement 2019 2019 (KRW bn) 1Q20 2Q20 3Q20 4Q20 2020 (Historical) (IFRS 16) Operating revenue 17,743.7 17,740.7 4,450.6 4,603.3 4,731.4 4,839.3 18,624.7 Operating expenses 16,633.7 16,632.5 4,149.3 4,246.2 4,371.7 4,50

  14. Slide 14: Financial Statements – Financial Position

    Financial Statements – Financial Position Investor Briefing  Consolidated Balance Sheet 12-31-19 1-1-20 (KRW bn) 3-31-20 6-30-20 9-30-20 12-31-20 (Historical) (IFRS 16) Total assets 44,611.6 45,202.4 45,068.0 46,666.0 47,484.7 47,907.0 Current assets 8,102.3 8,161.9 8,249.7 8,247.4 9,024.3 8,775.1

  15. Slide 15: Operating Data: Subscribers

    Operating Data Investor Briefing  Subscribers (Thousands) 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 YoY QoQ 1) MNO subscribers 27,529 27,649 28,142 28,648 28,748 28,932 29,034 29,089 1.5% 0.2% Net adds 148 120 493 506 100 184 101 55 -89.0% -45.2% Activations 948 893 1,329 1,613 881 953 856 794 -50.8%

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