Slide 1: FY24/25 1H Results Presentation
Tuas Limited rsonal use only FY24/25 1H Results Presentation (1 August 2024 to 31 January 2025) 26 March 2025 Page 1
Slide 2: Agenda
Agenda rsonal use only 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
rsonal use only Tuas Group Financial Results (in S$’M) FY22 1H FY22 2H FY23 1H FY23 2H FY24 1H FY24 2H FY25 1H Revenue 25.6 31.8 39.6 46.5 54.7 62.4 73.2 EBITDA 6.3 9.2 14.3 16.8 22.4 27.3 33.1 NPAT (13.4) (13.3) (7.5) (7.8) (3.5) (0.9) 3.0 Cash & Term Deposits 50.1 49.6 43.4 44.0 47.3 55.3 73.1 • C
Slide 4: Revenue & EBITDA
TUAS Bulcing Better Connections In $Million Revenue & EBITDA 80.0 50% 70.0 45% 40% 60.0 35% 50.0 30% 40.0 25% 30.0 20% 15% 20.0 10% 10.0 5% - 0% FY22 1H FY22 2H FY23 1H FY23 2H FY24 1H FY24 2H FY25 1H M@m@m™mRevenue mam ESITDA ——EBITDA/ Revenue % Page 4
Slide 5: Subscriber Growth - Mobile
rsonal use only Subscriber Growth - Mobile Page 5
Slide 6: Subscriber Growth - Broadband
rsonal use only Subscriber Growth - Broadband Page 6
Slide 7: Cash Flow
Cash Flow From 1 August 2024 to 31 January 2025 S’000 Cash and Term Deposits at 31 July 2024 55,333 rsonal use only Cash receipts from customers 83,930 Cash paid to suppliers and employees (42,828) Interest Received 775 Tax Paid (30) Net cash from operating activities 41,847 Acquisition of Plant & E
Slide 8: Mobile Updates
Mobile Updates rsonal use only • Adding greater value and differentiation to compete • Continued network CAPEX investments to support subscriber growth • 5G upgrades and coverage expansion are proceeding well • Exploring opportunities for data-only segment Page 8
Slide 9: Fibre Broadband
Fibre Broadband rsonal use only • Key differentiation: Lowest Price, Highest Speed, No Upfront Costs, Free ONT • Continued focus on new adds and upgrades of existing 2.5Gbps connections • Bringing unmatched high-speed connectivity at lowest price points with true 10Gbps Wi-Fi 7 router Page 9
Slide 10: FY25 Outlook
FY25 Outlook rsonal use only • More broad-based mobile subscriber growth. • Expansion of subscriber acquisition channels. • Mobile and broadband CAPEX guidance of $50m to $55m. • On track to achieve full year positive NPAT. Page 10
Slide 11: rsonal use only
rsonal use only 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 diffe
Slide 12: Q&A
rsonal use only Q&A Page 12