Taiwan Mobile Co., Ltd. · TWSE:3045
Taiwan Mobile — Q2 2025 Earnings Presentation
17 slides from Taiwan Mobile's earnings presentation, Aug 8, 2025
Slide 1: Taiwan Mobile Co., Ltd. 2Q25 Results Summary
Taiwan Mobile Co., Ltd. 2Q25 Results Summary Aug 8, 2025 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (or hereafter the “Company”) undertakes no obligation to update o
Slide 3: Business Overview
Business Overview 3
Slide 4: 2Q25 Highlights
2Q25 Highlights Solid Growth in Mobile, Broadband and New Telco+Tech Revenues Mobile Service Revenue Broadband New Telco+Tech (non-bundle) Businesses +2% YoY +6% YoY +13% YoY Telecom EBIT Consolidated Net Income (incl. New Telco+Tech) Operating Income +13% YoY +4% YoY +2% YoY 4
Slide 5: Mobile – Growth Engine #1
Mobile – Growth Engine #1 Smartphone ARPU Mobile Service Revenue 5G Penetration of (non-bundle) Smartphone User Base +2% 100% 666 669 666 670 YoY 655 4G 50% 5G 61% 66% 42.5% 0% 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 2Q25 2Q24 3Q24 4Q24 1Q25 2Q25 Monthly Fee Uplift NP-out for Overall Market Postpaid Churn Rat
Slide 6: Broadband – Growth Engine #2
Broadband – Growth Engine #2 Cable Broadband Subscriber Competitive Pricing for 2Q25 Penetration Rate (TFNM+Double Play) Broadband Add-ons (1Gbps) Broadband YoY 77.4% Price ($) $1299 +32% 67.5% ≥300Mbps 61.0% 55.7% 23% 1000 42% <300Mbps 500 Top 4 Top 4 TFNM MSO TFNM MSO 0 2Q24 2Q25 DTV Broadband <$9
Slide 7: New Telco+Tech – Growth Engine #3
New Telco+Tech – Growth Engine #3 DCB (Direct Carrier Billing) EC Services for Brands Web3 New Telco+Tech Revenues EV Charging +13% YoY TelcoFin Gaming 7
Slide 8: momo
momo Revenue EBITDA (NT$mn) (NT$mn) YoY YoY 26,657 26,031 -2% -11% 1,261 1,121 2Q24 2Q25 2Q24 2Q25 Active Users Take Rate 13.4% 13.6% +5.1% 15.0% 10.0% YoY 5.0% 0.0% 2Q25 -5.0% 2Q24 2Q25 8
Slide 9: Financial Overview
Financial Overview 9
Slide 10: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom momo CATV Total1 Telecom momo CATV Total1 2Q25 21.11 26.03 1.50 47.47 8.61 1.12 0.82 10.59 % of 44% 55% 3% 100% 81% 11% 8% 100% total 2Q25 3% -2% 2% -1% 3% -11% 4% 0% YoY 1Q25 4% -2% 0% 0% 5% -22% 0% 0% YoY 1. The sum of each account of telecom, C
Slide 11: Results Summary
Results Summary 2Q25 1H25 NT$bn Amount QoQ YoY Amount YoY Revenues 47.47 -1% -1% 95.64 0% Cash Cost & Expense (36.88) -2% -1% (74.50) 0% Operating Income 5.17 0% 4% 10.32 7% Non-op. Income (Exp.) (0.61) 158% 57% (0.85) 18% Pre-tax Income 4.55 -7% 0% 9.46 7% Net Income 3.29 -10% 2% 6.94 12% EPS (NT$)
Slide 12: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 2Q25 1Q25 2Q24 NT$bn 2Q25 1Q25 2Q24 Total Assets 236.68 237.90 240.52 Liabilities 150.11 139.23 154.88 Current Assets 43.49 42.68 44.71 Current Liabilities 70.97 62.59 96.84 - Cash & Cash Equivalents 12.22 11.56 15.24 - ST Debts 18.59 25.78 42.81 - Receivable & Contract
Slide 13: Cash Flow Analysis
Cash Flow Analysis NT$bn 2Q25 1Q25 2Q24 Operating 8.77 9.07 8.43 Investing (2.41) (3.46) (3.16) Financing (5.70) (6.00) (3.99) NT$bn 2Q25 1Q25 2Q24 Pre-IFRS 16 Operating1 7.66 7.89 7.11 Cash CAPEX (2.37) (3.48) (2.63) Free Cash Flow 5.29 4.41 4.49 1. “Lease expenses” previously under operating activ
Slide 14: Event Updates
Event Updates 14
Slide 15: Awards and ESG Recognitions
Awards and ESG Recognitions 7 Telecom Sector Top Awards in Extel’s Asia Executive Team Survey #1 Telecom Company in Asia (Overall Asia & Rest of Asia Rankings) Best CEO / Best CFO Best IR Program / Best IR Professional “Most Honored Company” Best ESG / Best Company Board The only Taiwan telecom comp
Slide 16: Key Message
Key Message TWM is committed to a clear, three-part strategy designed to drive sustained growth and enhanced free cash flow. We are fortifying our telco core while aggressively expanding our Telco+ services and Telco+Tech businesses. Our recent initiatives are not just isolated projects; they are a
Slide 17: Taiwan Mobile
SIBASK Taiwan Mobile 17