Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — Q3 2025 Earnings Presentation
21 slides from Vodafone Qatar Qsc's earnings presentation, Oct 23, 2025
Slide 1: Vodafone Qatar P.Q.S.C. Investor Presentation
Vodafone Qatar P.Q.S.C. Investor Presentation Financial Performance: Nine months ended 30 September 2025 FY25 Q3 | Investor Presentation 23 October 2025 1
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
Performance Highlights Hamad Al-Thani Chief Executive Officer
Slide 4: Key Messages
Key Messages • Total Revenue QR 2,586m (+8.4% YoY) FY25 Q3 YTD Financial Performance • Net Profit QR 494m (+13.0% YoY) • All major business segments have contributed to Growth Momentum Drivers the YoY revenue growth, with Prepaid, Fixed and Terminals emerging as the primary drivers. • Provide superi
Slide 5: Value-Driven Innovations
Value-Driven Innovations Innovative “Telco” features New “Lifestyle” benefits • Previously we introduced innovative features like “Mute”, • “Vodafone World”: Exclusive digital lifestyle benefits available for “International call block” and “Multi-Sim” new Unlimited+ plans customers. • New launch: “C
Slide 6: Financial Performance
Financial Performance Masroor Anjum Chief Financial Officer
Slide 7: Key Highlights
Key Highlights • 8.4% increase in Total Revenue Sustained Growth Amid a Stagnant Market • All the core Business Units delivering unified growth • OPEX largely flat despite revenue growth Disciplined Cost Management • 21.5% OPEX intensity – improved 1.7 ppts YoY • 8.5% growth in EBITDA Sustained Traj
Slide 8: FY25 Q3 YTD Year on Year: Persistent Topline and Profitability Growth
FY25 Q3 YTD Year on Year ⋮ Persistent Topline and Profitability Growth Revenue Expenses EBITDA Net Profit • Total revenue increased by QR 199m +8.4% +8.3% +8.5% +13.0% (+8.4%), driven by growth across all 2,586 1,490 1,096 494 core revenue segments and higher 2,387 377 1,376 1,011 437 equipment sale
Slide 9: Service Revenue: Continuous growth across all segments
Service Revenue ⋮ Continuous growth across all segments Postpaid Prepaid Managed services, wholesale & Fixed Total service revenue CAGR CAGR +1.6% CAGR +4.2% 434 +8.6% 426 +7.9% +4.8% 1,000 +2.1% 2,209 979 400 CAGR 2,109 965 972 384 392 +6.2% +19.5% 782 2,051 737 847 1,862 694 1,630 462 383 FY21 FY2
Slide 10: Margin Trends: Driving Margin Expansion Through Operational Excellence
Margin Trends ⋮ Driving Margin Expansion Through Operational Excellence Underlying Underlying margin* Underlying OPEX Reported EBITDA Reported excl. World Cup & one-offs Net Profit Reported Intensity Margin Reported Margin Margin +0.7ppts +2.5ppts 24.7% 24.5% 19.1% 48.3% 18.8% 24.1% -1.9ppts 18.4% 4
Slide 11: FY25 Q3 Year on Year: Growth momentum continues
FY25 Q3 Year on Year ⋮ Growth momentum continues Revenue Expenses EBITDA Net Profit +4.1% +1.6% +7.5% +14.9% • Service revenue grew 7.4% driven by 834 463 470 364 165 growth across all segments – prepaid, 802 88 7.4% 339 postpaid, wholesale and fixed 107 144 • Expenses higher mainly due to revenue r
Slide 12: Capital Expenditure: Investments driving profitable growth
Capital Expenditure ⋮ Investments driving profitable growth Capital expenditure (CAPEX) Return on Equity (ROE) +5.7 ppts +0.84 ppts 21.5% 16.1% 17.7% 13.8% 10.7% 12.9% 660 12.0% 550 11.1% 194 10.7% 441 408 260 182 263 277 465 7.2% 290 226 178 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 YTD YTD
Slide 13: FY25 Q3 YTD Year on Year: Robust Operational Cash Flows
FY25 Q3 YTD Year on Year ⋮ Robust Operational Cash Flows Free Cash flow 1 Net Debt 2 Net Debt to Equity +53.2% -67.2% -5.4ppts • Operating cash flow increased 53% 679 385 7.9% reflecting strong collections and working capital optimization initiatives 443 • Despite higher dividend pay-out for FY24, n
Slide 14: FY25 Q3 YTD Year on Year: Statutory results summary
FY25 Q3 YTD Year on Year ⋮ Statutory results summary QR millions (unless otherwise stated) 30 Sep 25 30 Sep 24 * YoY • Total revenue increased by QR 199 million, driven by growth across all core revenue Consumer revenue 1,413 1,326 87 segments and higher equipment sales. Enterprise, equipment and ot
Slide 15: FY25 Guidance
FY25 Guidance FY24 FY25 Guidance FY25 Financial KPIs Results Previous Revised Total revenue QR 3,190m =/> 7% YoY > 7% YoY EBITDA Margin U/L 41.8% ~ 42% ~ 42.5% Net Profit U/L QR 585m > 10% YoY ~ 15% YoY CAPEX intensity 13.8% 13% - 14.5% ~ 15.5% FY25 Q3 | Investor Presentation 23 October 2025 15
Slide 16: Q&A
Q&A
Slide 17: For more information visit our website
For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.qa
Slide 18: Consolidated Statement of Income
Consolidated Statement of Income Nine months ended QR m (unless otherwise stated) 30 Sep 25 30 Sep 24 YoY • Total revenue increased by QR 199 million, driven by Revenues 2,586 2,387 199 growth across all core revenue segments and higher Interconnection and other direct expenses (900) (797) (103) equ
Slide 19: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position QR m (unless otherwise stated) 30 Sep 25 31 Dec 24 Var Assets Property, plant and equipment 1,896 1,958 (62) • Property, plant & equipment and intangible assets decreased by QR Intangible assets 3,794 3,895 (101) 163m due to depreciation and amortization
Slide 20: Mobility Subscribers
Mobility Subscribers Postpaid Prepaid Total Mobility +6.7% -1.6% +0.6% 593 1,547 1,554 1,532 2,108 2,123 2,108 2,080 1,511 1,487 2,067 577 569 556 561 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q3 | Investor Presentati
Slide 21: Mobility ARPU
Mobility ARPU Postpaid Prepaid Total Mobility +4.8% -1.2% +11.5% 195.2 196.9 194.3 193.7 192.8 32.0 75.9 76.3 31.1 74.6 73.4 30.0 72.7 29.5 27.9 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q3 | Investor Presentation ARP
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