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. — Q3 2024 Earnings Presentation
12 slides from Megacable Hldgs Sab De Cv Cert Part Ord Cons Of 2 A's earnings presentation, 2024
Slide 1: Megacable Holdings S.A.B. de C.V. 3Q24 Earnings Conference Call
Megacable Holdings S.A.B. de C.V. 3Q24 – Earnings Conference Call
Slide 2: 3Q24 Highlights
3Q24 Highlights Consolidation Expansion Profitability • The Company now has more than 100 thousand • The Internet segment surpassed the 5 million- • Strong trend of capex reduction kilometers of distribution network subscriber mark • Lower leverage, despite the large investments • 73% of our subscri
Slide 3: Company's Coverage
Company’s Coverage Homes Passed1 Kilometers of network1 Homes Passed Penetration 17,500 16,998 39.0% 100,166 17,000 16,509 98,068 16,500 95,627 15,951 37.0% 93,665 16,000 15,500 15,438 90,503 35.0% 15,000 14,553 33.0% 14,500 33.0% 32.0% 14,000 31.9% 31.5% 31.0% 13,500 31.4% 13,000 29.0% 3Q23 4Q23 1Q
Slide 4: Operative Results - Subscribers
Operative Results - Subscribers +581k Video -32k Telephony +686k Internet Net adds vs 3Q23 Net adds vs 3Q23 Net adds vs 3Q23 5,145 3,889 3,857 +18% 4,592 +13% 4,565 +182k -1% -12k 3,906 +227k Net adds vs 2Q24 Net adds vs 2Q24 Net adds vs 2Q24 3Q23 3Q24 3Q23 3Q24 3Q23 3Q24 +603k Xview +98k Mobile Ser
Slide 5: Mass Market
Mass Market Unique Subscribers RGUs +12% +10% 5,358 13,594 4,797 12,360 3Q23 3Q24 3Q23 3Q24 • +561k net adds when compared to 3Q23 • +1.2 million net adds compare to 3Q23 • +180k new subscribers at the quarter-end • +396k additions in this quarter • Subscriber growth in both organic and expansion •
Slide 6: ARPU & Churn
ARPU & Churn Churn rate ARPU per Unique Subscriber Mass Segment services MXN 2.3% 2.2% 2.3% 2.0% 2.1% 426.3 421.7 421.9 2.6% 418.7 418.9 2.3% 2.4% 2.2% 2.1% 2.1% 2.1% 2.0% 1.8% 1.8% 3Q23 4Q23 1Q24 2Q24 3Q24 Internet Video Telephony 3Q23 4Q23 1Q24 2Q24 3Q24 • ARPU per unique subscriber stood at Ps. 4
Slide 7: Quarterly Financial Information
Quarterly Financial Information Revenues EBITDA 8,136 8,216 7,483 1,451 1,389 1,300 +9.7% +8.2% 6,685 6,827 3,606 3,579 6,183 vs 3Q23 3,306 vs 3Q23 3Q23 2Q24 3Q24 Mass Corporate Total 3Q23 2Q24 3Q24 EBITDA for Cable Operations Net Earnings +9.2% 571 -5.8% 3,454 3,429 531 500 3,140 vs 3Q23 vs 3Q23 3Q
Slide 8: Leverage
Leverage Leverage Considerations 1.57x 1.54x • The ND/EBITDA ratio reached 1.54x 1.53x • During 3Q24, leverage decreased as 1.46x expected 1.41x • At this level, it remains one of the lowest in the industry 3Q23 4Q23 1Q24 2Q24 3Q24 8
Slide 9: CAPEX
CAPEX Quarterly CAPEX % of Revenues CAPEX per year MXN 12,948 3,990 3,794 11,837 50.6% 50.8% 2,748 2,755 2,354 33.8% 33.5% 29.5% 43.6% 43.3% 32%-34% 3Q23 4Q23 1Q24 2Q24 3Q24 3Q23 4Q23 1Q24 2Q24 3Q24 FY22 FY23 FY24e CAPEX % of Revenues • Marked slowdown trend • CAPEX saw a significant reduction • The
Slide 10: EBITDA - CAPEX
EBITDA - CAPEX + MXN 3,000 millions 9M24 compared to MXN 903 millions 9M23 16.6% 10.5% 10.0% 1,326 858 824 -6.5% -7.6% -487 -596 3Q23 4Q23 1Q24 2Q24 3Q24 (EBITDA - CAPEX) % Revenue The Company is focused in reducing CAPEX and improving Cash Generation in the short term 10
Slide 11: Q&A
MERCADO Q&A MASIVO
Slide 12: Contact
C O N TA C T Esaú Gallegos investor.relations@megacable.com.mx Phone: (+52) 33 3750 0020 ext. 61091
Megacable Holdings S.A.B. de C.V. — Q3 2024 Earnings Presentation on 6ix