Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — 9M 2021 Earnings Presentation
20 slides from Vodafone Qatar Qsc's earnings presentation, Oct 17, 2021
Slide 1: Financial results: Nine months ended 30 September 2021
Vodafone Qatar P.Q.S.C. Financial results: Nine months ended 30 September 2021 17 October 2021
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 may
Slide 3: Quarterly Highlights
Quarterly Highlights Hamad Al Thani Chief Executive Officer
Slide 4: Executive Summary | Key Messages
Executive Summary | Key Messages Infrastructure Capturing Profitable Macro Readiness for Market Share in Growth Headwinds FIFA 2022 World Competitive Continues Continue Cup on track Environment 15 Quarters Y/Y Consecutive Enhanced Coverage Revenue Market Share Population Revenue Growth & Capacity +1
Slide 5: Innovative Solutions | Diversifying Beyond Core
Innovative Solutions | Diversifying Beyond Core IoT Fleet Management Complex Connectivity Solutions End-to-end Fleet Management enables delivery Providing highly available domestic and global of real-time information such as traffic data, connectivity solutions such as high bandwidth vehicle locatio
Slide 6: Financial Review
Financial Review Masroor Anjum Chief Financial Officer (Acting)
Slide 7: Financial Performance Highlights
Financial Performance Highlights Nine months ended 30 September 2021 Strong Revenue growth YoY Highest ever profitability levels • Total Revenue grows Cost control 8.3% led by service • Reported EBITDA Margin Growing mobility revenue increase of 8.7% • Despite significant of 41.3% subscribers expans
Slide 8: FY21 Financial Performance | Nine months ended 30 September 2021
FY21 Financial Performance | Nine months ended 30 September 2021 Year on Year | QRm Total revenue Expenses EBITDA Net profit +8.3% +0.5% +21.8% +58.1% 1,746 1,020 1,026 720 200 +8.7% 1,612 115 111 591 471 462 127 1,630 1,500 549 564 FY20 YTD FY21 YTD FY20 YTD FY21 YTD FY20 YTD FY21 YTD FY20 YTD FY21
Slide 9: FY21 Financial Performance | Quarter 3
FY21 Financial Performance | Quarter 3 Year on Year | QRm Total revenue Expenses EBITDA Net profit +8% -1% +23.2% +45.3% 583 +10.4% 338 334 249 66 539 31 39 202 155 149 46 552 500 183 185 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Q3 Service revenue Equipment revenue Direct costs O
Slide 10: FY21 Q3 Financial Performance: Service revenue
FY21 Q3 Financial Performance Service revenue | QRm Postpaid Revenue Prepaid Revenue Total Service Revenue +6.9% -4.0% +10.4% 285 139 552 +1.5% 283 136 137 132 131 544 279 534 269 521 265 500 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 FY20 Q3 FY20 Q4 FY21 Q1 FY21
Slide 11: FY21 Q3 Financial Performance: Mobility ARPU
FY21 Q3 Financial Performance Mobility ARPU | QR +QR 2.1 (+2.5%) 87 87 86 82 84 Mobility ARPU increased QR 2.1 YoY driven by growth in postpaid ARPU FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 11
Slide 12: EBITDA and EBITDA Margin Trend
Financial Performance | Nine months ended 30 September 2021 EBITDA and EBITDA Margin Trend EBITDA (QRm) EBITDA Margin +96% 43.4% 720 39.0% 41.3% 591 529 35.9% 425 36.7% 367 34.0% 28.4% 26.9% 27.7% 25.1% FY17 YTD FY18 YTD FY19 YTD FY20 YTD FY21 YTD FY17 YTD FY18 YTD FY19 YTD FY20 YTD FY21 YTD Reporte
Slide 13: FY21 Q3 Financial Performance: CAPEX
FY21 Q3 Financial Performance CAPEX | QRm Total CAPEX Quarterly CAPEX Mix +2m Capacity run and 222 maintenance 25 Coverage, 90 87 capacity expansion 85 and others 49 55 7 Capabilities & IT Transformation FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 CAPEX 15.8% 37.7% 8.3% 15.5% 15.0% Intensity CAPEX inves
Slide 14: Net Profit and Net Profit Margin Trend
Financial Performance | Nine months ended 30 September 2021 Net Profit and Net Profit Margin Trend Net Profit (QRm) Net Profit Margin +166% 200 11.5% 127 7.9% 108 7.0% 75 4.9% (228) (15.6%) FY17 YTD FY18 YTD FY19 YTD FY20 YTD FY21 YTD FY17 YTD FY18 YTD FY19 YTD FY20 YTD FY21 YTD 1• Net profit has gr
Slide 15: Return on Capital Employed (ROCE)
Financial Performance | Nine months ended 30 September 2021 Return on Capital Employed (ROCE*) COMMENTARY • ROCE improved +9.6 ppts since FY 2017 to 5.6% 5.6%** • The Company is continuously improving the returns to its shareholders led by revenue 4.2% growth and continued cost control, delivering h
Slide 16: Consolidated Statement of Income
Consolidated Statement of Income Nine months ended 30 September 2021 COMMENTARY Nine months ended QR m (unless otherwise stated) 30 Sep 21 30 Sep 20 YoY • Total revenue grew 8.3% (QR 134m) led by service revenue growth of 8.7% Consumer revenue 1,059 1,027 32 • Interconnect and other direct expenses
Slide 17: Appendix
Appendix
Slide 18: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 30 September 2021 COMMENTARY QR m (unless otherwise stated) 30 Sep 21 31 Dec 20 Var Property, plant and equipment 1,564 1,647 (83) Assets Intangible assets 4,191 4,280 (89) • Property, plant and equipment and intangibles Right-of-use assets 307 372
Slide 19: Mobile Customers & Net Debt
Mobile Customers & Net Debt Mobile Customers Net Debt (‘000) (QRm) +7.1% -16.9% 1,797 775 758 743 1,714 645 644 1,697 1,678 1,662 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 19
Slide 20: For more information visit our website
For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com
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