Rogers Communications Inc. Class A · TSX:RCI.A
Rogers Communications Inc. Class A — Q3 2022 Earnings Presentation
15 slides from Rogers Communications Inc. Class A's earnings presentation, Nov 9, 2022
Slide 1: Q3 2022 Results
Q3 2022 Results November 9, 2022
Slide 2: Cautionary note
Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.’s (Rogers) investor conference call on November 9, 2022. These materials should be read in conjunction with the disclosure documents referenced below. Cer
Slide 3: Tony Staffieri, President and CEO
Tony Staffieri President and CEO
Slide 4: Solid Wireless performance
Solid Wireless performance • Wireless service revenue growth of 3%, would have been up 9% excluding creditsa • Wireless adjusted EBITDA down 1%, would have been up 7% excluding creditsa 221k 0.97% Mobile Postpaid phone mobile phone churn net adds (‘000s) (%) 221 0.97 191 0.85 Q3’21 Q3’22 Q3’21 Q3’22
Slide 5: Strong Media results driven by leading sports assets portfolio
Strong Media results driven by leading sports assets portfolio +12% +130% Revenue Adjusted EBITDA ($M) ($M) 530 473 76 33 Q3’21 Q3’22 Q3’21 Q3’22
Slide 6: Positive Video and Internet loading
Positive Video and Internet loading • Cable service revenue down 4% and adjusted EBITDA down 10%, both would have been up 2% excluding creditsa 7K 6K Video Retail Internet net adds net adds (‘000s) (‘000s) 20 7 6 2 Q3’21 Q3’22 Q3’21 Q3’22 Notes: a. $59 million in customer credits were provided to Ca
Slide 7: Glenn Brandt, CFO
Glenn Brandt CFO
Slide 8: Q3 Wireless results
Q3 Wireless results Service Adjusted Mobile phone revenue EBITDA ARPU1 +3% (1%) (2%) Would have been +9% Would have been +7% Would have been +3% excl. creditsa excl. creditsa excl. creditsa ($M) ($M) ($) 1,8525,a 59.763,a 1,761 1,1845,a 1,107 58.13 1,706 1,093 56.82 Q3’21 Q3’22 Q3’21 Q3’22 Q3’21 Q3’
Slide 9: Q3 Cable results
Q3 Cable results Service Adjusted revenue EBITDA (4%) (10%) Would have been +2% Would have been +2% excl. creditsa excl. creditsa ($M) ($M) 1,0275,a 1,008 5245,a 968 516 465 Q3’21 Q3’22 Q3’21 Q3’22 Notes: a. Excludes $59 million of July network outage-related credits.
Slide 10: Q3 Media results
Q3 Media results +12% +130% Revenue Adjusted EBITDA ($M) ($M) 530 473 76 33 Q3’21 Q3’22 Q3’21 Q3’22 Media growth driven by Canadians’ appetite for sports and strong Blue Jays performance.
Slide 11: Q3 consolidated results
Q3 consolidated results % Change In millions of dollars, except Q3’ % excl. Outage percentages and per share amounts 22 Change Creditsa Total service revenue increase supported by Total service revenue 3,230 3 7 higher roaming revenue associated with Adjusted EBITDA2 1,583 (1) 8 increased global tra
Slide 12: Strong financial position
Strong financial position Debt leverage ratio excluding Shaw financing3 3.2x Available liquidity4 of $3.7B Weighted average interest rate of 4.41% with average term to maturity of 12.0 years
Slide 13: Maintaining Guidance
Maintaining Guidance 2021 2022 Result Guidance Total service revenue $12,533M Increase of 6% to 8% Adjusted EBITDA $5,887M Increase of 8% to 10% Capital expenditures $2,788M $2,800M to $3,000M Free cash flow excluding Shaw financing5 $1,671M $1,900M to $2,100M Notes: For further information, please
Slide 14: Q3 2022 Results
Q3 2022 Results November 9, 2022
Slide 15: Non-GAAP financial measures
Non-GAAP financial measures
Rogers Communications — Q3 2022 Earnings Presentation on 6ix