Advanced Info Service Public Co., Ltd. · SET:ADVANC
Advanced Info Service Public — Q1 2022 Earnings Presentation
22 slides from Advanced Info Service Public's earnings presentation, May 10, 2022
Slide 1: 1Q22 Financial Results
1Q22 Financial Results Advanced Info Service Plc. 10 May 2022
Slide 2: AIS: Extended 5G leadership and become Cognitive Telco
AIS: Extended 5G leadership and become Cognitive Telco Drive AIS toward becoming a Cognitive Telco Mobile Fixed Broadband Enterprise Business Digital Services 88% to core service 7.4% to core service 3.8% to core service revenue revenue revenue AIS 5G Cloud Game service Cover 77 Provinces S tr ateg
Slide 3: 1Q22 Executive Summary
1Q22 Executive Summary Prolonged economic impact from Omicron outbreak and Growth in fixed broadband and enterprise revenue surged rising inflation in 1Q22 significantly • Thailand’s economic recovery was challenged as private • AIS Fibre continued to surge to stand at 1.87mn subscribers, consumptio
Slide 4: 1Q22 Performance: Core service revenue supported by strong growth in FBB and enterprise
1Q22 Performance: Core service revenue supported by strong growth in FBB and enterprise business Core service revenue (Bt mn) EBITDA (Bt mn) Reported NPAT (Bt mn) -1.7% YoY +27% YoY +29% YoY +1.1% YoY -1.3% YoY -2.5% YoY +0.8% YoY -0.8% YoY -0.8% YoY +2.8% YoY -7% YoY -5.0% YoY 32,425 519 331 32,770
Slide 5: Mobile: Weak consumer spending & competition affected mobile revenue
Mobile: Weak consumer spending & competition affected mobile revenue Mobile revenue (Bt bn) Total subscriber (mn) Mobile ARPU (Bt/sub/month) -1.7% YoY -2.5% QoQ 43.2 43.7 44.1 44.6 42.8 480 471 470 473 460 Postpaid 32.1 32.2 32.4 32.6 32.9 Blended 232 225 223 224 216 -6.9% YoY -3.5% QoQ 10.6 11.0 11
Slide 6: 5G subscribers continued to expanded
5G subscribers continued to expanded with the goal of achieving 5mn 5G subscribers by 2022 Enhance leadership in 5G network Scale expansion with value uplift >99% MAR-22 Target of 2022 BKK (Population >78% coverage) 77 Nationwide coverage 85% (Population coverage) provinces >96% >90% 2.8mn 5.0mn EEC
Slide 7: Proactively promoted 5G services to leverage our best 5G network
Proactively promoted 5G services to leverage our best 5G network Enhanced customer experiences through AR and VR technologies Launched Avatar Park: New feature of Metaverse World • Allowing customers to create their own identity and make new friends in metaverse on V-AVENUE.CO Continued to drive MAU
Slide 8: FBB: Expanded revenue accelerated by Work from home demand
FBB: Expanded revenue accelerated by Work from home demand Continued to deliver strong growth with slight increase in ARPU Maintained steady growth with scale and quality Business Services 27% 1,669 1,772 1,865 23% 24% 1,536 17% 21% 7% revenue 1,432 Contribution Construction ~14% subscriber 104 133
Slide 9: Enterprise: Seize opportunities in digitalization trend to drive revenue
Enterprise: Seize opportunities in digitalization trend to drive revenue Captured growth with an increase in contribution rate to service revenue Enterprise non-mobile revenue* Cloud, Data center Enterprise Data service 1.3 billion Cybersecurity, IOT and ICT (EDS)* solutions* Revenue (Bt mn) YoY gro
Slide 10: 2022 Guidance
2022 Guidance FY22 Guided items Business Services Guidance Rationale • Leverage 5G service to gain market share in high value segment • Grow FBB with target of 2.2mn subscribers with increase in Core service revenue Mid-single digit growth Construction ARPH from FMC strategy and Real estate • Enterp
Slide 11: 2022 Driving Long Term Value
2022 DRIVING LONG TERM VALUE 11
Slide 12: Driving Long Term Value Creation
DRIVING LONG TERM VALUE CREATION FBB MOBILE Connect families with NEW DIGITAL product & service • Connect consumers & society through excellence BUSINESS 5G Reinvent as • Digitize for customer ENTERPRISE digital platform business experience, agility & Accelerate & enable cost efficiency digitalizati
Slide 13: Solid position in Mobile business
Solid position in Mobile business Maintain resiliency Deliver profit / free cash flow and retain financial strength 5G leadership 2.8mn subscribers with year-end target at 5mn +10-15% ARPU uplift Strong positioned in spectrum Digitalization Customer interaction & internal process Cloud base network
Slide 14: Keep families connected powered by superior Fiber network & service
Keep families connected powered by superior Fiber network & service Expect to reach 13% market Differentiate with Deliver No.3 position share growing 1/3 Service Positive EBIT in 2022 shares annually excellence 14
Slide 15: Accelerate & Enable Businesses toward Digital Transformation post COVID-19
Accelerate & Enable Businesses toward Digital Transformation post COVID-19 Grow Enterprise portfolio +31% Bt1bn Bt1.3bn THB1.3 billion (non-mobile) YoY 1Q21 1Q22 Open Ecosystem & Strategic Partnership to externalize innovation & accelerate new services 5G and Edge computing to deliver extreme automa
Slide 16: Position as integrated value to customers
Position as integrated value to customers Build accretive value Retention • Differentiate through premium contents Premium package ARPU uplift Expanding • New source of revenue from advertising on streaming content New engagement for B2C acquisition Made Available • Expand services to corporate segm
Slide 17: Mobile Price Plan: 5G packages launched to capture high value market
Mobile Price Plan: 5G packages launched to capture high value market Updated: MAR-22 17
Slide 18: Appendix
Appendix
Slide 19: Healthy Balance sheet and cash flow to support investment
Healthy Balance sheet and cash flow to support investment Balance Sheet 1Q22 Cash flow (Bt bn) (Bt bn) Cash increase Cash decrease right others A/P spectrum Operating Investing Financing Net cash of use license 29 42 payable 49 71 19.4 spectrum Assets Liabilities interest- 7.7 8.6 license 129 5.2 28
Slide 20: 1Q22 Revenue breakdown
1Q22 Revenue breakdown Mobile revenue Fixed broadband revenue Other service revenues (Bt bn) (Bt bn) (Bt bn) -1.7% YoY -2.5% QoQ +27% YoY +29% YoY +6.4% QoQ -1.9% QoQ • Decreased YoY and QoQ following a • Subscriber base expanded to 1.87mn with • Boosted by higher demand for Cloud downward trend in
Slide 21: 1Q22 Cost breakdown
1Q22 Cost breakdown Regulatory fee D&A Network OPEX and TOT partnership (Bt bn) % to core service revenue (Bt bn) (Bt bn) +2.9% YoY -0.3% YoY -4.7% YoY -1.4% QoQ +0.2% QoQ +7.8% QoQ • YoY flat in-line with core service • Increased YoY from additional 700MHz • Decreased YoY from lower network traffic
Slide 22: Contact us
Contact us IR website: http://investor.ais.co.th Email : investor@ais.co.th Tel: +662 029 3145 Some statements made in this material are forward-looking statements with the relevant assumptions, which are subject to various risks and uncertainties. These include statements with respect to our corpor
Advanced Info Service Public Company — Q1 2022 Earnings Presentation on 6ix