Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q1 2022 Earnings Presentation
15 slides from Dialog Axiata's earnings presentation, 2022
Slide 1: Dialog Axiata PLC Q1 2022 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q1 2022 Results an axiata company
Slide 2: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 2
Slide 3: Dialog Group Performance Highlights – Q1 2022
DIALOG GROUP PERFORMANCE HIGHLIGHTS – Q1 2022 Stable Performance During the Quarter; PATAMI Impacted by Forex Losses Capex Investments All Key Business Specific Impact to Dialog Group from QoQ YoY Directed to Fulfil Segments Aggressive Subscriber Economic Crisis Growing Demand for Delivered Strong G
Slide 4: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn 1Q 22 QoQ YoY Dialog Grows 16% in Q1, Forex Flips NPAT to Negative Rs.15.8Bn Revenue 38,251 +3% +16% 1 EBITDA 14,742 -4% +8% YoY Revenue improvement driven by International, Data, Voice PATAMI (15,824) >-100% >-100% Fixed and DTV Revenues OFCF 6,191 -15% -40% 2 QoQ EBIT
Slide 5: Group Revenue
GROUP REVENUE Group Revenue Record Strong Growth YoY Mainly Driven by Growth in International, Mobile, Fixed and TV Segments +16% +3% 37,124 38,251 40, 000 38, 000 36, 000 32,850 34, 000 32, 000 30, 000 28, 000 26, 000 24, 000 22, 000 20, 000 Q1 21 Q4 21 Q1 22 Mobile Revenue Increased 1% QoQ and 9%
Slide 6: Total Cost to Revenue Ratio Increasing 3.1pp and 2.7pp YoY and QoQ
TOTAL COST TO REVENUE RATIO INCREASING 3.1PP AND 2.7PP YOY AND QOQ RESPECTIVELY DRIVEN BY INCREASE IN NETWORK AND DIRECT COST DUE TO ESCALATIONS IN DOLLAR DENOMINATED COSTS AND INFLATION Q1 22 As % of Q4 21 As % of Q1 21 As % of QoQ YoY revenue revenue revenue Total Cost Rs23,510Mn 61.5% Rs21,833Mn
Slide 7: Group EBITDA and PATAMI
GROUP EBITDA AND PATAMI YoY EBITDA Expansion Driven by Revenue Performance; QoQ PATAMI Impacted by Forex Loss of Rs 20.2Bn for Q1 2022; YoY Normalised EBITDA Decline Underpinned by higher network, staff related PATAMI Impacted by Higher Depreciation and Finance Cost, On a QoQ expenses and increase i
Slide 8: Capex Investments Mainly Directed Towards Mobile and Fixed Data Network Upgrades
CAPEX INVESTMENTS MAINLY DIRECTED TOWRADS MOBILE AND FIXED DATA NETWORK UPGRADES Capex Intensity at 20% for Q1 2022; OFCF Reach Rs6.2Bn for the Quarter Capex Investments Directed Towards Expanding Data Network; (Rs Mn) >+100% 18,0 00 +7% 16,0 00 14,0 00 12,0 00 10,0 00 8,00 0 6,967 7,487 6,00 0 Cape
Slide 9: Dialog Group Balance Sheet Remains Strong
DIALOG GROUP BALANCE SHEET REMAINS STRONG (Rs Mn) 31 Mar 22 31 Dec 21 31 Mar 21 Gross Debt 58,347 34,859 39,027 Net Debt 28,608 19,757 22,880 Cash and Cash Equivalents 24,771 19,851 16,146 Gross Debt / Equity (x) 0.75 0.37 0.46 Gross Debt/ EBITDA (x) 0.99 0.59 0.71 Net Debt/ EBITDA (x) 0.49 0.34 0.4
Slide 10: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 10
Slide 11: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Revenue Recorded Positive Growth on YoY and QoQ Basis Subscriber Growth YoY Driven by Customer Acquisition and Supported by both Voice and Data Revenue Growth Retention Initiatives Total subs growth -1% QoQ; +7% YoY (Rs Mn) +10% (In ‘000) Postpaid subs growth +1% QoQ; +6%
Slide 12: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 12
Slide 13: Dialog Television
DIALOG TELEVISION Revenue Record Strong Recovery YoY While Profitability Impacted by Forex Losses Revenue Recovery Gained Momentum YoY Driven by Rise in Subscription The Marginal Decline in Subscribers QoQ Driven by Revenue; QoQ Revenue Drop Driven by lower Advertising Revenue Affordability Challeng
Slide 14: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Continues to Deliver Strong Growth on YoY Basis Both Fixed and International Revenue Growth Driving YoY Revenue YoY EBITDA Improvement Stemming from Strong Revenue Growth, Growth; QoQ Revenue Performance Stable Owing to Lower Fixed BB PAT Impacted by Forex Losses; QoQ Profi
Slide 15: Thank you
Thank you For further information Contact : Investor relations Team, Dialog Axiata PLC Mobile : +94 777332052 Email : ir@dialog.lk Web site : www.dialog.lk 15