Slide 1: Tuas Limited FY24 Results Presentation
Tuas Limited FY24 Results Presentation (1 August 2023 to 31 July 2024) 24 September 2024 Page 1
Slide 2: Agenda
Agenda 1. Financials 2. Business Updates 3. Outlook 4. Q&A N.B.: All reported numbers are in Singapore Dollars. Page 2
Slide 3: Tuas Group Financial Results
Tuas Group Financial Results (in S$’M) FY22 FY23 FY24 Revenue 57.4 86.1 117.1 EBITDA 15.5 31.1 49.7 NPAT (26.7) (15.3) (4.4) • Continued strong improvement in key financial metrics. • Achieved EBITDA of $49.7M. Page 3
Slide 4: Key Financial Metrics
Key Financial Metrics Revenue Performance In $Million Revenue & EBITDA • 36% revenue increase over FY23 140.0 45% driven by growing subscriber base 40% 120.0 • 60% EBITDA increase over FY23 35% 117.1 • EBITDA margin of 42% compared to 100.0 30% 36% in FY23 80.0 25% 86.1 20% Mobile ARPU 60.0 49.7 • Y
Slide 5: Subscriber Growth
Subscriber Growth (In '000) Active Mobile Services 1,100 1,000 900 1,053 800 938 700 819 600 691 500 587 400 487 300 200 100 - FY22 1H FY22 2H FY23 1H FY23 2H FY24 1H FY24 2H Page 5
Slide 6: Cash Flow
Cash Flow From 1 August 2023 to 31 July 2024 S’000 Cash and Term Deposits at 31 July 2023 44,002 Cash receipts from customers 124,521 Cash paid to suppliers and employees (66,067) Interest Received 1,575 Tax Paid (35) Net cash from operating activities 59,994 Acquisition of Plant & Equipment (45,812
Slide 7: Mobile Updates
Mobile Updates • Increased focus on driving value at every price point. • Continued network CAPEX investments to support subscriber growth and expand 5G coverage. • Recent regulatory decision to allow 5G on 900MHz band in addition to existing 4G deployment. Page 7
Slide 8: Fibre Broadband
Fibre Broadband • Now accepting 10Gbps orders island-wide for all Central Offices serving up to 1.6M residential homes • More than 4,000 subscribers as at end FY24. • Strong consumer interest. Page 8
Slide 9: FY25 Outlook
FY25 Outlook • Continued push for more broad-based mobile subscriber growth. • Mobile and broadband CAPEX guidance of $45m to $55m. • Targeting to achieve full year positive NPAT. • Focus on growing 10Gbps residential fibre broadband momentum. Page 9
Slide 10: This presentation information. contains
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 11: Q&A
Q&A Page 11