America Movil Sab De Cv Class B · BMV:AMX/B
America Movil Sab De Cv Class B — Q1 2021 Earnings Presentation
19 slides from America Movil Sab De Cv Class B's earnings presentation, Apr 27, 2021
Slide 1: First Quarter Results
First Quarter Results April 28th, 2021
Slide 2: 6.0 million net subscriber additions in the first quarter
AMERICA Movil In the first quarter we obtained 6.0 million net subscriber additions, one third more than a year before. Thousand 1Q20 2Q20 3Q20 4Q20 1Q21
Slide 3: Postpaid Net Adds - 1Q21
AMERICA MOVIL\FIRST QUARTER RESULTS We had 3.3 million postpaid net aditions. Brazil led the way adding 2.4 millions subs followed by Peru and Colombia. Postpaid Net Adds - 1Q21 Thousand 119 : — 153 wid | 256 | 210 — — al Brazil Peru Colombia Austria Argentina Others Total Net Adds Others: includes
Slide 4: Prepaid Net Adds - 1Q21
AMERICA MOVIL First QuaRTER RESULTS 202 In the prepaid segment we gained 2.8 million subs with Bra Mexico and Colombia as the main contributors. Prepaid Net Adds - 1Q21 Thousand Brazil CENAM Mexico Colombia Argentina Others Total Net Adds Others: includes the rest of the Americas operations as well
Slide 5: Broadband Net Adds - 1Q21
AMERICA Movil RST QUARTER RESULTS 2021 On the fixed-line platform we added 246 thousand broadband accesses, most of them coming from Colombia, Peru and Ecuador. Broadband Net Adds - 1Q21 Thousand a “ Colombia Peru Ecuador Argentina Others* Total Net Adds Others: includes the rest of the Americas ope
Slide 6: Access Growth
AMERICA MOVIL\RIRST QUARTER RESUL Our postpaid base and our fixed-broadband accesses increased 7.8% and 4.7%, respectively. Access Growth % March 21 vs. March 20 Mobile Prepaid Mobile Postpaid Fixed-Broadband Fixed-Voice Pay TV
Slide 7: Service Revenues at Constant Exchange Rates
AMERICA MoviL\Fl T QUARTER RESULTS Service revenue growth was driven by mobile service revenues, 1.7%, and was supported by the recovery of fixed-line services. Service Revenues* % Annual Change at Constant Exchange Rates 6% 4% 2% 1Q20 2Q20 3Q20 4Q20 = Service Revenues *Revenue growth excludes Argen
Slide 8: Mobile Service Revenues at Constant Exchange Rates
AMERICA Movil |RST QUARTER RESULTS | Mobile postpaid revenue growth slowed down. Prepaid revenues maintained their pace of growth at 2.4%. Mobile Service Revenues* % Annual Change at Constant Exchange Rates 4% 11% 8% 5% 2% -1% PY 1Q20 2Q20 3Q20 4Q20 1Q21 —Prepaid Postpaid *Revenue growth excludes Ar
Slide 9: Mobile Prepaid Revenue Growth by Country - 1Q21
AMERICA MoviL F IRST QUARTER RESULTS Prepaid revenue growth showed a marked improvement relative to the year-earlier quarter except for Colombia, Mexico and Brazil. Mobile Prepaid Revenue Growth by Country - 1Q21 % Annual Change in Local Currency Revenue growth of 2020 5.6% 7.9% -4.8% -4.7T% 9.0% 1.
Slide 10: Fixed-Line Service Revenues at Constant Exchange Rates
AMERICA Movil | Fixed-broadband services maintained their 8% annual pace and corporate networks improved 2.4%. Fixed-Line Service Revenues* % Annual Change at Constant Exchange Rates 10% ae a a ic 7.8% 6% 2% - 2.4% -2% -4.2% -6% -7.7% 10% ceaiaaiad FORESEES ISIE STEORTS Sannsscs SES IESG SSP SRE SSS
Slide 11: Fixed-broadband revenue growth by country
L\FIRST AMERICA Movil Fixed-broadband revenue growth accelerated sharply in most of our operations. % Annual Change in Local Currency 21.7% 18.1% 15.3% Zz aise i Peru Colombia Dominican Ecuador Chile Brazil CENAM Mexico Europe Puerto Republic Rico
Slide 12: EBITDA and EBITDA Margin
AMERICA MOVILIFIR EBITDA margin expanded almost two percentage points supported by strict cost controls, lower commercial expenses and reduced bad loan provisions. EBITDA* EBITDA Margin % Annual Change at Constant Exchange Rates % of Total Revenues LOY 36% 8% 8.1% 33% oo , 32.9% 6% a +1.9p.p. 4% ——
Slide 13: EBITDA growth by country
iia AMERICA Movil Most countries registered strong EBITDA growth: 59% in the U.S., 47% in Puerto Rico, 36% in Peru and 15% in Dominican Republic. % Annual Change in Local Currency 47.0% 36.4% 15.0% 10.3% ‘0 fo (1 30.3% 3% 9.6% 5.3% 4.7% 3.6% | 3.6% US. Puerto Peru Dominican Colombia Central Brazil E
Slide 14: EBITDA Margin by Country - 1Q21
AMERICA MOVIL\FIR EBITDA margins rose across the board, increasing almost seven percentage points in Peru and five in the Caribbean. EBITDA Margin by Country - 1Q21 Annual Change in Percentage Points 6.9 4.9 4.7 3.7 3.1 2.3 2.1 21 1.3 11 0.7 0.2 T r r r r T r r Peru Puerto Dominican Central U.S. Mex
Slide 15: Net Income (IFRS 16) - 1Q21
AMERICA MOVIL\RIRST QUARTER RESUL With our operating profit and our comprehensive financing cost we were able to post a net profit of 1.8 Bn pesos. Net Income (IFRS 16) - 1Q21 Billions of MxP +5.2% +5.7% -55% 3 a 2 EBITDA Depreciation and EBIT Comprehensive Taxes and Others Net Income Amortization F
Slide 16: Capital Outlays - as of March 2021
AMERICA MoviL\F IRST QUARTER RESULTS ; Our operating cash flow allowed us to fund CapEx in the amount of 25 Bn pesos & to buy back shares worth 4.4 Bn pesos in shares. Capital Outlays - as of March 2021 Billions of MxP 42.5 | 30 | Total Outlays CapEx Shareholder Others Net Debt Distributions Amortiz
Slide 17: EBITDA - CapEx
AMERICA MOvIL\FIRS Our free cash flow has exhibited a solid path of srowth over the last five years, even in the midst of the pandemic. EBITDA - CapEx Millions of dollars 2016 2017 2018 2019 2020 1Q21 (LTM) 17
Slide 18: Net debt/EBITDA
AMERICA MOVIL First QuaRTER RESULTS 202 Our net debt to EBITDA ratio (LTM) stood at 1.77x under IAS 17. Net debt/EBITDA Times 2A 2.0 ia 1.8 477 17 16 + 1Q20 2Q20 3Q20 4Q20 1Q21 *Figures in USD. 19
Slide 19: First Quarter Results
First Quarter Results April 28th, 2021
America Movil, S.A.B. de C.V. — Q1 2021 Earnings Presentation on 6ix