Dialog Axiata PLC · CSELK:DIAL.N0000
Dialog Axiata — Q1 2014 Earnings Presentation
18 slides from Dialog Axiata's earnings presentation, May 13, 2014
Slide 1: Dialog Axiata PLC 1Q 2014 Results
Enriching Sri Lankan Lives Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider 1Q 2014 RESULTS 13th May 2014 an axiata company
Slide 2: Dialog Group Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 2
Slide 3: Dialog Group Performance Highlights – Q1 2014
Dialog Group Performance Highlights – Q1 2014 Continued revenue growth with mobile driving YoY growth momentum Group revenue at Rs16.3bn up by 0.2% QoQ and 7% YoY Group EBITDA at Rs4.7bn increased by 1% QoQ and decrease by 6% YoY Group PAT at Rs1.3bn increased by 14% QoQ and decreased by 20% Y
Slide 4: Group Financial Summary
Group Financial Summary (All figures in Rs Mn) Q1 14 QoQ YoY Revenue 16,331 0.2% 7% EBITDA 4,699 1% -6% PAT 1,269 14% -20% EBITDA Margin 28.8% 0.4pp -3.9pp PAT Margin 7.8% 0.9pp -2.7pp ROIC 6.9% 0.3pp -5.8pp PAT increased by 14% QoQ on the back of forex gain and lower depreciation On a YoY basis, PA
Slide 5: Group Revenue Continues its Growth Momentum, Increasing 7% YoY and 0.2% QoQ
Group Revenue Continues its Growth Momentum, Increasing 7% YoY and 0.2% QoQ Revenue (Rs Mn) +7% +0.2% 16,125 16,301 16,331 16,000 15,242 15,630 14,000 12,000 10,000 8,000 6,000 4,000 2,000 - -1% Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Group revenues were stable on a QoQ basis and demonstrated 7% growth relati
Slide 6: Q1 Profitability growth driven by Forex gain and lower depreciation
Q1 Profitability growth driven by Forex gain and lower depreciation Group EBITDA (Rs Mn) & Margin (%) -6% Quarter On Quarter +1% 40% Group EBITDA increased by 1% on the back of higher revenue and lower bad 5,000 35% 4,000 33% 32% 33% 30% debts with improved collections 28% 29% 25% 3,000 Group NP
Slide 7: Total cost as % of Group Revenue improved by 0.3ppt
QoQ Total cost as % of Group Revenue improved by 0.3ppt on the back of lower bad debt provision Total Costs QoQ total cost to revenue improved by % of Revenue Q1 13 Q4 13 Q1 14 0.3ppts due to drop in bad debt provision Direct expenses 27.8% 30.5% 30.6% resulting from focused collection efforts and l
Slide 8: Q1 2014 Capex to support Group's strategy to capture data leadership
Q1 2014 Capex to support Group’s strategy to capture data leadership Capex (Rs mn) and Capex Intensity (%) 11,004 10,000 8,000 7,860 6,127 6,000 3,308 4,000 3,160 2,000 22% 70% 38% 48% 19% - 18% Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q1 2014 Capex focus on coverage and capacity expansion alongside extension
Slide 9: Comprehensive end to end strategy to capture data leadership
Comprehensive end to end strategy to capture data leadership “From Driving Devices to Customer Owning International Connectivity” Devices March 2013 Dongles Mobile Tablets Handsets March 2010 Aug 2013 Radio Access LTE 1800 LTE 2300 HSPA/ HSPA + Wi-Fi 42Mbps HSPA+ NW Apr 2013 Dec 2012 HSPA Launch in
Slide 10: Dialog Axiata Company Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 10
Slide 11: Dialog Axiata PLC (Company): Financial Highlights
Dialog Axiata PLC (Company): Financial Highlights Revenue, EBITDA margin and PAT margin trends +6% 18,000 -0.4% 85% 16,000 14,140 14,245 14,188 75% 14,000 13,338 13,722 65% 12,000 55% 10,000 45% 8,000 33% 32% 33% 29% 35% 29% 6,000 25% 4,000 15% 2,000 13% 12% 11% 5% 7% 10% - -5% Q1 13 Q2 13 Q3 13 Q4
Slide 12: Mobile Subscriber Growth increased 16% YoY and 7% QoQ
Mobile Subscriber Growth increased 16% YoY and 7% QoQ Revenue Rs Mn +6% -0.4% Prepaid segment driving the subscriber growth of 13,722 14,140 14,245 14,188 7% QoQ and 18% YoY 13,338 Marginal drop in MoUs and ARPUs on QoQ basis due to Increase in telecom levy impacting usage elasticity Q1 13 Q2 13 Q3
Slide 13: Subsidiaries Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiaries Performance 13
Slide 14: Dialog Television: Key Financial Highlights
Dialog Television : Key Financial Highlights Strong Revenue Growth both QoQ and YoY Revenue, EBITDA margin and PAT margin trends No of subscribers’000 +27% Total subs growth +30% yoy; +7% qoq Postpaid subs growth +5% qoq; +19% yoy +9% 1,200 70% Prepaid subs growth +31% qoq; +>100% yoy 1,073 356 983
Slide 15: Dialog Broadband Networks: Key Financial Highlights
Dialog Broadband Networks : Key Financial Highlights 16th Consecutive Quarter of Positive EBITDA Revenue, EBITDA margin and PAT margin trends +0.4% +1% 1,462 1,439 1,458 1,458 1,468 70% 1,400 50% 1,200 28% 32% 1,000 30% 17% 800 24% 23% 10% -4% -2% 600 -13% -14% -10% 400 -21% -30% 200 - -50% Q1 13 Q2
Slide 16: Mobile Alliance – first of its kind in the world
Delivering the Future Today Mobile Alliance – “first of its kind in the world” • Sri Lanka's first Mobile Payment, eZ Cash, has inked a strategic partnership with Etisalat, a 'first of its kind in the world‘ • eZ Cash network potentially the largest money interchange network in the country • Bringin
Slide 17: SLIM-Nielsen People's Choice Awards 2013
Delivering the Future Today At the SLIM-Nielsen People's Choice Awards 2013, Dialog was voted by Sri Lankan consumers as the “Telecom Service Provider of the Year” in addition to being named the Internet “Service Provider of the Year” and “Youth Brand of the Year” 17
Slide 18: Thank You
Thank You Dialog