Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q4 2022 Earnings Presentation
14 slides from Dialog Axiata's earnings presentation, 2023
Slide 1: Dialog Axiata PLC Q4 2022 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q4 2022 Results an axiata company
Slide 2: Dialog Group Performance Highlights – FY 2022
DIALOG GROUP PERFORMANCE HIGHLIGHTS – FY 2022 Strong Revenue Growth Across All Business Segments Despite the Unprecedented Challenges YTD QoQ YoY Capex Investments to Fulfil All Key Business Segments Strong Subscriber Growing Demand for Data Delivered Strong Base Performance in FY 22 Revenue +26% Q4
Slide 3: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn FY 2022 YTD 4Q 2022 QoQ YoY Revenue 178,131 +26% 50,949 +12% +37% EBITDA 51,530 -12% 10,027 -28% -34% PATAMI (33,388) >-100% (8,291) >-100% >-100% OFCF (6,052) >-100% (3,963) +18% >-100% EBITDA Margin 29.0% -12.4pp 19.8% -10.9pp -21.4pp PAT Margin -18.7% -30.8pp -16.3%
Slide 4: Group Revenue Delivered Strong Growth Across All Segments
GROUP REVENUE DELIVERED STRONG GROWTH ACROSS ALL SEGMENTS Positive Revenue Growth Across YTD, YoY and QoQ +26% +37% +12% 200 ,000 178,131 180 ,000 160 ,000 141,915 140 ,000 120 ,000 100 ,000 80, 000 37,124 45,623 50,949 60, 000 40, 000 20, 000 0 FY 2021 FY 2022 Q4 21 Q3 22 Q4 22 Revenue Mobile Reven
Slide 5: Group EBITDA and PATAMI
GROUP EBITDA AND PATAMI Escalation in Cost Base During the Year Impacting EBITDA; Q4 Reported PATAMI Impacted by One-Off Provisions, Inflation and Forex Also Featured One-off Provisions which Impacted both YTD and Losses; Inflation and Higher Depreciation Impacting Norm. PATAMI QoQ Performance (Rs M
Slide 6: Group Cost to Revenue Increased Due to USD Denominated Cost Base and Inflationary Pressures
GROUP COST TO REVENUE INCREASED DUE TO USD DENOMINATED COST BASE AND INFLATIONARY PRESSURES Total Cost Savings of Rs13.7Bn in FY 2022 from Cost Management Initiatives Q4 22 As % of Q3 22 As % of Q4 21 As % of FY 2022 As % of QoQ YoY YTD revenue revenue revenue revenue Total Cost Rs36,640Mn 71.9% Rs3
Slide 7: Capex Intensity at 29%; OFCF Decline Due Expanding Capex from LKR Depreciation
CAPEX INTENSITY AT 29%; OFCF DECLINE DUE EXPANDING CAPEX FROM LKR DEPRECIATION Investments are Directed Towards Expansion of Mobile, Fixed Data Networks and Alternative Energy Capex Investments Directed Towards Expanding Data Networks; Mobile 4G and Fixed LTE PoP Coverage Reached 95% and 71% (Rs Bn)
Slide 8: Group QoQ Net Debt Increase Moderated by Preserving Cash; Net Debt to EBITDA 1.2x
DIALOG GROUP QOQ NET DEBT INCREASE MODERATED BY PRESERVING CASH; NET DEBT TO EBITDA 1.2X (Rs Mn) 31 Dec 22 30 Sep 22 31 Dec 21 Gross Debt 102,689 83,574 34,859 USD denominated debt (in USD Mn’s) 226.5 196.5 90.5 Net Debt 62,140 53,241 19,757 Cash and Cash Equivalents 40,548 30,333 15,102 Gross Debt
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 9
Slide 10: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Revenue Growth Driven by Data Segment ARPU Increasing in line with Expansion in Usage and Rate Revision (Rs Mn) +11% +13% 500 20% 450 363 364 389 398 400 375 15% +3% 350 101,414 10% 90,959 300 4% 3% 2% 177 250 5% 200 172 0% 23,403 25,823 26,509 150 0% 183 183 176 100 0% -
Slide 11: Subsidiary Performance – Dialog Broadband and Dialog TV
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 11
Slide 12: Dialog Television
DIALOG TELEVISION Revenue Growth Continue While Profitability Remain Impacted by Forex Driven Cost Escalation Subscription Revenue Driving Topline Performance along with Subscriber Growth led by Prepaid and Postpaid with Growing Advertising Revenue Improved Churn Management Drives Total subs growth
Slide 13: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Continues to Deliver Strong Growth on Top Line YTD PAT Impacted by Higher Depreciation; QoQ Profitability Revenue Growth Driven by Strong Growth in International Impacted by One-off Provision for Rs0.5Bn; Margin Contraction Wholesale Revenue Coupled with Fixed Broadband Gro
Slide 14: 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 14