Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A · BMV:MEGA/CPO
Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A — Megacable Holdings, S.A.B. de C.V. — Q2 2024 Earnings Presentation
12 slides from Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A's earnings presentation, July 2024
Slide 1: Megacable Holdings S.A.B. de C.V. Earnings Conference Call
Megacable Holdings S.A.B. de C.V. 2Q23 – Earnings Conference Call
Slide 2: 2Q24 Highlights
2Q24 Highlights Consolidation Expansion Profitability • We have migrated 37.7 thousand KM from • Doubling the size of the Company • Strong trend of capex reduction HFC to FTTH since 2020 • In the last 24 months, we have: • Low level of leverage, in spite of the large • 71% of our subscribers receive
Slide 3: Company's Coverage
Company’s Coverage Homes Passed Kilometers of network Homes Passed Penetration 98,068 16,509 18,000 38.0% 15,438 15,951 95,627 16,000 14,553 37.0% 93,665 14,000 13,451 36.0% 12,000 35.0% 90,503 34.9% 86,222 10,000 34.0% 8,000 33.0% 6,000 33.0% 32.0% 32.0% 31.9% 4,000 31.0% 31.4% 2,000 30.0% - 29.0%
Slide 4: Mass Market
Mass Market Unique Subscribers RGUs +10% +9% 5,178 13,198 4,691 12,057 2Q23 2Q24 2Q23 2Q24 • +487k net adds compare to 2Q23 • +1.1 million net adds compare to 2Q23 • +88k new subscribers at the quarter-end • +141k additions in this quarter • Subscriber growth in both organic and expansion • This is
Slide 5: Operative Results
Operative Results +515k Video +23k Telephony +603k Internet Net adds vs 2Q23 Net adds vs 2Q23 4,365 Net adds vs 2Q23 4,964 +12% 3,846 +1% 3,869 +16% 4,448 +91k -60k 3,763 +110k Net adds vs 1Q24 Net adds vs 1Q24 Net adds vs 1Q24 2Q23 2Q24 2Q23 2Q24 2Q23 2Q24 +593k Xview +78k Mobile Service Net adds v
Slide 6: ARPU & Churn
ARPU & Churn Churn rate ARPU per Unique Subscriber Mass Segment services MXN 2.3% 426.3 2.2% 2.0% 2.0% 2.1% 2.6% 2.3% 2.0% 2.2% 2.1% 421.7 421.9 420.8 1.9% 2.1% 2.1% 418.7 1.8% 1.8% 2Q23 3Q23 4Q23 1Q24 2Q24 Internet Video Telephony 2Q23 3Q23 4Q23 1Q24 2Q24 • The churn rate of the three Mass Segment
Slide 7: Quarterly Financial Information
Quarterly Financial Information Revenues EBITDA 7,985 8,136 7,374 1,403 1,451 1,353 +10.3% +9.7% 6,582 6,685 3,681 3,606 6,021 vs 2Q23 3,287 vs 2Q23 2Q23 1Q24 2Q24 Mass Corporate Total 2Q23 1Q24 2Q24 EBITDA for Cable Operations Net Earnings +11.6% -34.2% 3,467 3,454 868 801 3,094 vs 2Q23 vs 2Q23 571
Slide 8: Leverage Profile
Leverage Profile Leverage Top estimated Considerations 1.7x leverage 1.57x • The ND/EBITDA ratio reached 1.57x, not 1.53x exceeding 1.7x as expected 1.46x • This 2Q23, is the highest level of leverage we 1.43x will see, in the coming periods we expect a 1.41x decrease in leverage • At this level, we
Slide 9: CAPEX
CAPEX Quarterly CAPEX % of Revenues CAPEX per year MXN 12,948 3,990 3,794 11,837 50.6% 50.8% 2,930 2,751 2,354 39.7% 33.8% 29.5% 43.6% 43.3% 32%-34% 2Q23 3Q23 4Q23 1Q24 2Q24 2Q23 3Q23 4Q23 1Q24 2Q24 FY22 FY23 FY24 CAPEX % of Revenues • Marked slowdown trend • CAPEX for 1H24 was 31.6%, • The Company
Slide 10: EBITDA - CAPEX
EBITDA - CAPEX (EBITDA - CAPEX) 16.6% 10.5% 4.8% 1,326 855 357 -6.5% -7.6% -487 -596 2T23 3T23 4T23 1T24 2T24 (EBITDA - CAPEX) % Revenue The Company is focused in reducing CAPEX and improving Cash Generation in the short term
Slide 11: Q&A
MERCADO Q&A MASIVO
Slide 12: Contact
C O N TA C T Esaú Gallegos / Krystel Reyes investor.relations@megacable.com.mx Phone: (+52) 33 3750 0042 ext. 61091 / 60161
Megacable Holdings, S.A.B. de C.V. — Q2 2024 Earnings Presentation on 6ix