Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — 9M 2020 Earnings Presentation
17 slides from Vodafone Qatar Qsc's earnings presentation, Oct 27, 2020
Slide 1: Financial results: Nine months ended 30 September 2020
Vodafone Qatar P.Q.S.C. Financial results: Nine months ended 30 September 2020 27 Oct 2020
Slide 2: Disclaimer
Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation con
Slide 3: Quarterly highlights
Quarterly highlights Hamad Al Thani Chief Executive Officer
Slide 4: Executive Summary | Quarterly Highlights
Executive Summary | Quarterly Highlights Capturing Profitable Strong Revenue Challenging Growth Commercial Market Share Market Continues Rebound with Healthier Environment Revenue Mix 11 Quarters Subscriber Growth RMS +1.0pts Y/Y* Continued Market Consecutive Y/Y quarterly Rebound Growth resulting i
Slide 5: Financial review
Financial review Brett Goschen Chief Financial Officer
Slide 6: FY 2020 Q3 | Key points to note and highlights
FY 2020 Q3 | Key points to note and highlights Items impacting YoY Strong Financial Growth comparisons Performance in net profit • One-off project revenue recognized • FY20 Q3 Service revenue • Net profit grows 51% YoY in FY20 in FY19 Q1 and related margin increased 5.1% YoY driven by Q3 to QR 46m a
Slide 7: Quarter 3 | Financial Performance Year on Year
Quarter 3 | Financial Performance Year on Year FY20 Q3 v FY19 Q3 (QR m) Total revenue Expenses EBITDA Net profit +10% +5% +18% +51% 539 338 202 46 491 +5.1% 320 39 15 171 155 146 30 476 500 175 183 FY19 Q3 FY20 Q3 FY19 Q3 FY20 Q3 FY19 Q3 FY20 Q3 FY19 Q3 FY20 Q3 Service revenue Equipment revenue Dire
Slide 8: Service Revenue
Service Revenue FY20 Q3 v FY19 Q3 (QR m) Postpaid Revenue Prepaid Revenue Total Service Revenue 5.1% +2.2% -8.9% 274 155 505 508 150 149 270 139 500 +2% 136 265 1% 492 262 259 476 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3
Slide 9: Total Revenue & ARPU
Total Revenue & ARPU TOTAL REVENUE ARPU (QR) FY20 YTD FLAT 86 84 82 83 82 36.2% FY19 YTD Consumer Revenue 34.7% Enterprise, Equipment & others revenue 65.3% 63.8% FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 • 1 Enterprise and other revenue mix improved 1.5ppts YoY due to growth in fixed broadband and bu
Slide 10: EBITDA margin
EBITDA margin FY20 Q3 v FY19 Q3 EBITDA margin % FY20 Q3 Underlying EBITDA Margin growth YoY +3.7 ppts 39.8% 3.7 1.7 39.8% 39.2% 37.9% 36.1% (1.2) (0.5) 34.9% 37.0% 37.4% 36.1% 35.7% 34.8% 31.5% FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY19 Q3 Net service Lower visitors License fee Lower FY20 Q3 U/L E
Slide 11: CAPEX
CAPEX FY20 Q3 v FY19 Q3 (QR m) Total CAPEX Quarterly CAPEX Mix Capabilities & IT Capacity run and -127m Transformation maintenance 241 213 15 9 103 85 59 63 Coverage & 61 40 capacity FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 expansion CAPEX 43.4% 42.2% 10.8% 19.4% 15.8% and others Intensity Reported C
Slide 12: Financial Performance Year on Year
Financial Performance Year on Year Nine months ended 30 September 2020 (QR m) Total revenue Expenses EBITDA Net profit +3.8% -0.4% +11.8% +16.9% 1,612 1,024 1,020 591 +13.8% 127 +27.6% 1,553 +3.9% 111 529 110 108 9 9 452 471 1,443 1,500 520 99 572 549 FY19 FY20 FY19 FY20 FY19 FY20 FY19 FY20 Service
Slide 13: Consolidated statement of income
Consolidated statement of income Nine months ended 30 September 2020 Nine months ended Commentary YoY: QR m (unless otherwise stated) 30 Sep 20 30 Sep 19 YoY Total revenue 1,612 1,553 59 • Revenue increased QR 59m led by service revenue growth of 3.9% driven by fixed broadband and postpaid. Intercon
Slide 14: Thank You The Future Is Exciting
Thank You The Future Is Exciting For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com
Slide 15: Appendix
Appendix
Slide 16: Consolidated statement of financial position
Consolidated statement of financial position As at 30 September 2020 QR m (unless otherwise stated) 30 Sep 20 31 Dec 19 Var Assets Property, plant and equipment 1,507 1,484 23 • Property, plant and equipment & Intangible assets decreased Intangible assets 4,309 4,471 (162) by QR 139m due to deprecia
Slide 17: Mobile Customers ('000s)
Mobile Customers (‘000s) FY20 Q3 v FY19 Q3 Total Mobile Customers -2.5% 1,721 1,737 1,734 1,678 1,650 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 17
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