Slide 1: Tuas Limited FY25/26 1H Results Presentation
Tuas Limited FY25/26 1H Results Presentation (1 August 2025 to 31 January 2026) 25th March 2026 Page 1
Slide 2: Agenda
Agenda 1. Financials 2. Business Updates 3. Outlook 4. Update on M1 Acquisition 5. Q&A N.B.: All reported numbers are in Singapore Dollars. Page 2
Slide 3: Tuas Group Financial Results
Tuas Group Financial Results FY26 1H FY26 1H (in S$’M) FY25 1H FY25 2H Statutory Underlying Revenue 73.2 78.1 91.9 91.9 EBITDA 33.1 35.3 31.6 42.1 NPAT 3.0 3.9 8.2 18.7 • Strong, sustained improvement across all key financial metrics. • Delivered EBITDA of $31.6M (includes pre-acquisition costs) wit
Slide 4: Key Financial Metrics
Key Financial Metrics Financial Performance • Revenue up 26% over FY25 1H, driven by a rapidly expanding subscriber base. • Underlying EBITDA up 27% over FY25 1H, reflecting strong operational leverage. • Underlying EBITDA margin strengthened to 46%, up from 45% in FY25 1H. Gross Mobile ARPU • FY26
Slide 5: Subscriber Growth- Mobile
Subscriber Growth- Mobile Page 5
Slide 6: Subscriber Growth- Broadband
Subscriber Growth- Broadband Page 6
Slide 7: Cash Flow
Cash Flow From 1 August 2025 to 31 January 2026 S’000 Cash and Term Deposits at 31 July 2025 80,687 Cash receipts from customers 97,894 Cash paid to suppliers and employees (52,115) Interest Received 4,435 Tax Paid (79) Net cash from operating activities 50,135 Acquisition of Plant & Equipment (18,7
Slide 8: Mobile Updates
Mobile Updates • Sustained growth with expansion of inclusions • Exceeded IMDA 5G coverage obligations ahead of 31 Dec 2026 schedule. Page 8
Slide 9: Fibre Broadband
Fibre Broadband • Clear leadership for both service quality and hardware. Page 9
Slide 10: Update on M1 acquisition
Update on M1 acquisition • Important transaction concerning critical infrastructure. • Combined entity will be the 2nd largest mobile operator. • Both Keppel and SIMBA are working positively towards completing their transaction. • Joint engagements with IMDA are ongoing. Page 10
Slide 11: FY26 Outlook (Simba Standalone)
FY26 Outlook (Simba Standalone) • Continuing to strengthen our position across mobile and fibre broadband segments. • Mobile and broadband CAPEX guidance of $50m to $55m. Page 11
Slide 12: Forward-looking information notice
This presentation contains certain forward-looking and unaudited information. Such information is based on estimates and assumptions that, whilst considered reasonable by the company, are subject to risks and uncertainties. Actual results and achievements could be significantly different from those
Slide 13: Q&A
Q&A Page 13