Pt Dayamitra Telekomunikasi Tbk · IDX:MTEL
Pt Dayamitra Telekomunikasi Tbk — Q1 2024 Earnings Presentation
12 slides from Pt Dayamitra Telekomunikasi Tbk's earnings presentation, July 2024
Slide 1: Corporate Presentation 1Q24
CORPORATE PRESENTATION 1Q24 PT Dayamitra Telekomunikasi Tbk
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by PT Dayamitra Telekomunikasi Tbk (the “Company”) solely for use of the persons to which this presentation is addressed in connection with informational meetings held with the Company. By attending the meeting, or by reading the presentation slides, yo
Slide 3: Mitratel Company Highlight
MITRATEL COMPANY HIGHLIGHT Fastest Growing Independent Tower Operator in Indonesia Continue to maintain the positive business growth Succesfully deliver excellent 7.3% YoY above industry, operational efficiency, the industry growth is estimated with operating expense growth ~4% -3.8% YoY Maintain po
Slide 4: Mitratel Proven Track Record
MITRATEL PROVEN TRACK RECORD Track record of organic & inorganic growth in towers Highest market share from MNO roll-out Organic Inorganic 38,014 38,135 35,418 MTEL 42% 28,206 MTEL 20,014 22,009 22,009 43% 18,473 13,965 B2S & Colo Fiber 15,892 5,028 Q1’241) Q1’24 3,117 Others 14,241 15,404 16,005 16
Slide 5: Operational Highlights
OPERATIONAL HIGHLIGHTS 1Q23 1Q24 Sumatra Kalimantan Sulawesi Tower 10,959 5.5% Tower 3,614 3.5% Tower 3,481 6.6% 8.4% Tenant 16,044 10.2% Tenant 5,221 6.1% Tenant 5,123 9.3% 4.7% 42.1% TR 1.46 TR 1.44 TR 1.47 Fiber 7,797km 90.4% Fiber 3,542km 22.4% Fiber 7,936km 33.2% 53,317 57,808 36,439 38,135 36,
Slide 6: Performance Highlights
PERFORMANCE HIGHLIGHTS Financial Performance 1Q24 Operational Performance 1Q24 1Q23 1Q24 (in IDR bn) 7.3% 121 New Tower 9.9% (Total Tower 1Q24: 38,135) 2,206 2,055 1,841 1,676 4.0% 399 New Tenant (Total Tenant 1Q24: 57,808) 501 521 3,736 Km Fiber RFS (36,257 km Organic and Inorganic) Revenue EBITDA
Slide 7: Tower Business Continued to Grow Strongly
TOWER BUSINESS CONTINUED TO GROW STRONGLY 1Q23 1Q24 (in IDR bn) Tower Leasing YoY 5.4% from to 83% Revenue increased by 5.4% to Rp1,834 billion driven by growth of of tower & colocation lease revenue, including from towers acquisition 85% 1,739 1,834 revenue in 2023. Fiber YoY 148.8% to 4% from of R
Slide 8: Manageable Expenses
MANAGEABLE EXPENSES ▪ Planning & O&M towers decreased 19.0% due to the impact of efficiency in 2024. 1Q23 1Q24 ▪ Construction and PM increased by 4.0% in line with the increase in revenue from YoY 8.1 % the Tower-Related Business portfolio with a growth of 5.1%. YoY 14.4% ▪ G&A increased by 17.8% gr
Slide 9: High Quality Customers with Significant Backlog
HIGH QUALITY CUSTOMERS WITH SIGNIFICANT BACKLOG Independent TowerCo with 85% of revenue from the largest MNOs in Indonesia underpinned by a strong anchor tenant Revenue backed by high quality customers Long Tenancy Expiry Schedule Others 17% 8% Gr. 255.2% 0-2 years ~75% 7% Telkom Gr. 15.3% 8% 10% of
Slide 10: Superior Balance Sheet & Cash Flow
SUPERIOR BALANCE SHEET & CASH FLOW Mitratel Leverage (in multiplier) Strong Recurring Free Cash Flow Industry MTEL 2.65 CAGR 18-1Q24 4.86 4.77 21% 4,752 4.841 1.91 1.72 3,849 0.39 3,108 2.823 Debt to Equity Debt to EBITDA Net Debt to EBITDA 1,848 1,560 Healthy leverage ratios (Net-Debt to EBITDA) wi
Slide 11: Industry Dynamics and Company Guidance for 2024
INDUSTRY DYNAMICS GUIDANCE COMPANY IN 2024 FOR 2024 Tower Industry Trend High Single Digit Tower industry revenue growth is Revenue & EBITDA Increase projected at 4% Economic Uncertainty High inflation and 5.6Tn interest rate environment CAPEX Plan MNOs Tightened Spending Delay on 5G, cost efficienc
Slide 12: Thank You
THANK YOU PT Dayamitra Telekomunikasi Tbk Telephone: Gedung Telkom Landmark Tower Lt. 27 (62-21) 27933363 The Telkom Hub, Jl. Gatot Subroto No.Kav. 52, West Kuningan, Mampang Prapatan South Jakarta City, Jakarta 12710 Indonesia investor.relations@mitratel.co.id www.mitratel.co.id
PT Dayamitra Telekomunikasi — Q1 2024 Earnings Presentation on 6ix