Pt Md Entertainment Tbk · IDX:FILM
Pt Md Entertainment Tbk — PT MD Pictures — Investor Presentation (December 2020)
39 slides from Pt Md Entertainment Tbk's investor presentation, Dec 15, 2020
Slide 1: PT MD Pictures Tbk Public Expose Presentation
PT MD PICTURES TBK PUBLIC EXPOSE PRESENTATION 15 December 2020
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by PT MD Pictures Tbk independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this presentation. This presentation does not constitute, or form any part of any offer for sale
Slide 3: Table of Contents
TABLE OF CONTENTS SECTION I EXECUTIVE SUMMARY Page 4 SECTION II COMPANY OVERVIEW Page 9 SECTION III INDUSTRY OVERVIEW Page 16 SECTION IV BUSINESS OVERVIEW Page 21 SECTION V FINANCIAL HIGHLIGHTS Page 27 、 3
Slide 4: Section I Executive Summary
SECTION I EXECUTIVE SUMMARY 4
Slide 5: Key Company Highlights (1/2)
KEY COMPANY HIGHLIGHTS (1/2) A continuing leader and innovator in Indonesia’s rising motion picture industry 1 Award-wining content library to support growth ▪ Vast film library of more than 150 titles, including 23 award winners ▪ Country’s top producer of theatrical films and movies and series for
Slide 6: Key Company Highlights (2/2)
KEY COMPANY HIGHLIGHTS (2/2) A continuing leader and innovator in Indonesia’s rising motion picture industry 4 Leading local producer catering to Indonesia’s preference of local content ▪ Local content accounted for 41% of Indonesia’s film market share in 2019 and growing ▪ Within the local film mar
Slide 7: Blockbusters and Accolades
BLOCKBUSTERS AND ACCOLADES Company’s concepts with high franchise value #4 in 2019 #3 in 2018 #3 in 2017 #7 in 2017 #6 in 2016 #1 in 2012 2.4 million viewers 2.6 million viewers 2.8 million viewers 1.6 million viewers 2.0 million viewers 4.6 million viewers #5 in 2019 #5 in 2018 #4 in 2017 #14 in 20
Slide 8: Blockbusters and Accolades
BLOCKBUSTERS AND ACCOLADES More than 23 awards won since 2008 Police Movie Festival 2019 Indonesian Box Office Awards 2018 i-Cinema Awards 2015 Mr Manoj Punjabi Mr Manoj Punjabi Surga Yang Tak Dirindukan “Produser Teribaik” (the Best Producer) “Producer of the Year” “Film Terfavorit” (Most Favourite
Slide 9: Section II Company Overview
SECTION II COMPANY OVERVIEW 9
Slide 10: Company at a Glance
COMPANY AT A GLANCE A public company specializing in producing and distributing Indonesia local content ABOUT THE COMPANY ▪ PT. MD Pictures Tbk (“FILM” or the “Company”) is a public company listed on Indonesia Stock Exchange (the “IDX”) specialising in producing and distributing Indonesia local cont
Slide 11: Jakarta Film Studios
JAKARTA FILM STUDIOS First film studio complex of its kind Asset ▪ Custom built world-class, Hollywood style, workspace of over 22,000sqm in Jakarta, Indonesia ▪ First Dolby Atmos mixing studio (Fourmix) in the region along with editing and grading facilities (Fix It) and 3 state of the art NC 22 so
Slide 12: Barakuda Film Galeri
BARAKUDA FILM GALERI Rental Film Making ▪ Provides high end cinema Production Service ▪ One of the best film makers in the country ▪ Provides the best crew equipment including camera, ▪ Worked with several box office movies in lighting an grips rental Indonesia 、 12
Slide 13: Growth Journey Milestones
GROWTH JOURNEY MILESTONES Started as a local motion picture studio and became the leading motion picture production and distribution house in Indonesia 、 Establishment of PT Rebranded PT MD Media Produced Habibie & Ainun, Listing of PT MD Pictures Tbk on MD Entertainment to PT MD Pictures as part wh
Slide 14: Key Management (1/2)
KEY MANAGEMENT (1/2) Seasoned management team with renowned fame in motion picture industry and track record of producing successful content Dhamoo Punjabi Manoj Punjabi President Commissioner President Director ▪ President Commissioner since March ▪ President Director since 2002 2018 ▪ Founder of t
Slide 15: Key Management (2/2)
KEY MANAGEMENT (2/2) Seasoned management team with renowned fame in motion picture industry and track record of producing successful content David Ulmer Shania Punjabi Director Director ▪ Director since November 2020 ▪ Director since March 2018 ▪ Chief of Digital since 2018 ▪ Oversees the Legal, IT,
Slide 16: Section III Industry Overview
SECTION III INDUSTRY OVERVIEW 16
Slide 17: Rising Indonesian Film Industry
RISING INDONESIAN FILM INDUSTRY Indonesia is developing a growing taste for movies as its household income grows Growing Movie Viewers Increasing Average Ticket Price ▪ Indonesia‘s middle class grew from 7% to 20% over the past 15 years ▪ Movie ticket price steadily increased from 2010 to 2019 ▪ The
Slide 18: Increasing Screens
INCREASING SCREENS Cinemas are opening fast in Indonesia with demand rising Increasing Number of Screens Screens per 100,000 population by Country ▪ Indonesia’s film industry has experienced significant growth since the ▪ Indonesia has one of the lowest screen/population ratio in the lifting of fore
Slide 19: Local Taste for Indonesian Content on the Rise
LOCAL TASTE FOR INDONESIAN CONTENT ON THE RISE Unwavering preference for local content Preference for local films Increasing production of Indonesian films with >1mn views ▪ In Indonesia, local movies viewers accounted for 41% of total ▪ Only 1 local film recorded sale of more than a million tickets
Slide 20: Conducive Government Policy
CONDUCTIVE GOVERNMENT POLICY The government promotes the movie industry through deregulation and as the foreign investments support industry growth, the popularity of locally made movies is encouraging new productions ▪ The Indonesia government has revised its negative list in 2016 in to support the
Slide 21: The Age of Online Streaming Is Here!
THE AGE OF ONLINE STREAMING IS HERE! New paradigm of content consumption Growing internet consumption Increasing demand of OTT services ▪ Indonesia is dominated by the younger generation and a growing ▪ The arrival of OTT services has drastically changed Indonesia’s middle-and-affluent-consumer clas
Slide 22: Favourable Tailwind
FAVOURABLE TAILWIND COVID-19 outbreak fast tracked digital adaption Increasing supply of OTT services ▪ Major international OTT providers launched their offerings in Indonesia market since 2016 ▪ Greater penetration of smartphones and affordable rates of high-speed mobile internet is boosting the ad
Slide 23: A Rapid Pivot to Online Commerce
A RAPID PIVOT TO ONLINE COMMERCE Increasing propensity to subscribe Increasing subscription ▪ Indonesian are more willing to pay for digital services and content nowadays ▪ Popularity of direct carrier billing, where users pay OTT subscription fees as part of their monthly phone/data bills, extended
Slide 24: Local Taste
LOCAL TASTE Local content is favoured on big screens and on TVs Chasing local content ▪ Local content accounts for lion’s share of the viewing minutes and most top shows are local ▪ OTT service providers are in a race to strengthen their local content offering ▪ In the rush to gain market share, OTT
Slide 25: Section VI Business Overview
SECTION VI BUSINESS OVERVIEW 25
Slide 26: End-to-End Production of Films and Series
END-TO-END PRODUCTION OF FILMS AND SERIES Leading producer of quality filmed content in Indonesia The Company Unlike a typical motion picture studio which focuses only on the production stage, the Company has vertically integrated capabilities, from pre- to post-production, allowing better quality a
Slide 27: End-to-End Ongoing Quality Control
END-TO-END ONGOING QUALITY CONTROL Ongoing quality control at every stage of movie production Ongoing Quality Control Creative development Pre-Production and Production Post-Production ▪ Looking for creative sources, such as best selling ▪ Selection of core crew including line producers, directors,
Slide 28: Box Office Success
BOX OFFICE SUCCESS In 2019, 130 local films were released with 52bn total viewers, of which the Company garnered 8.4mn viewers, the highest in the market Gaining popularity of the Company’s production Growing market share of local movie viewers ▪ Total ticket sales from local movies reached IDR2.1tn
Slide 29: Digital Distribution (1/2)
DIGITAL DISTRIBUTION (1/2) In 2019, the Company generated 35% of the total distribution revenue from digital channels Opportunities presented by OTT services ▪ OTT services allow the Company’s content to move beyond the big screens and be monetized multiple times via various online distributors conc
Slide 30: Digital Distribution Is Exploding!
DIGITAL DISTRIBUTION IS EXPLODING! Multiple and additional revenue streams from OTT Revenue Stream I Opportunity and Strategy Movie theatrical Movies licensed to OTT platforms ~4 months after ▪ Drive growth via successful top-selling movies released on OTT release theatrical release platforms post t
Slide 31: Multiple Exclusive Movies & Direct-to-OTT Feature Films
MULTIPLE EXCLUSIVE MOVIES & DIRECT-TO-OTT FEATURE FILMS Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar Platform: Disney+Hotstar 、 Platform: Viu 31
Slide 32: New Original Series for the Online Revolution
NEW ORIGINAL SERIES FOR THE ONLINE REVOLUTION Platform: WeTV Platform: WeTV Platform: WeTV + Many more high quality digital series in production now for 2021 release! 、 32
Slide 33: Competitive Advantages
COMPETITIVE ADVANTAGES Conveyor belt model Access to group resources Experience Talent management ▪ Conveyor belt model in which ▪ Its parent company, PT MD Global ▪ Film producer with a long and ▪ The Company's talent each department synergizes and Media, holds two other outstanding experience who
Slide 34: Pipeline
PIPELINE The Company is proactively strengthening its market leading position by increase production capacity and acquisitions FY2020 pipeline IP and talent acquisitions ▪ Target producing 12-15 quality movies per year through own The Company has a huge IP library and acquires new IP regularly and/o
Slide 35: Section V Financial Highlights
SECTION V FINANCIAL HIGHLIGHTS 35
Slide 36: Financial Highlight
FINANCIAL HIGHLIGHT Laporan Laba Rugi 2016 Y 2017 Y 2018 Y 2019 Y 2020 Q3 Statement of Income Penjualan bersih 80.747.796.073 153.718.629.898 293.928.098.413 250.246.383.324 84.221.931.091 Net sales Laba kotor 38.733.229.919 107.378.667.384 221.467.379.995 145.650.618.092 3.100.321.051 Gross profit
Slide 37: Revenue Summary
REVENUE SUMMARY LAPORAN LABA RUGI EBITDA KOMPOSISI PENDAPATAN *Rp Miliar *Rp Miliar *Rp Miliar REVENUE NET PROFIT 213,2 2020-Q3 RENTAL; CINEMA; 293,9 OTHERS; 17,8 17,3 4,0 173,7 250,2 DIGITAL; -51% -61% 41,4 TELEVISI; 3,7 173,5 114,6 153,7 109,0 RENTAL; 2019-Q3 80,7 84,2 26,9 OTHERS; 45,2 1,5 60,9 6
Slide 38: Balance Sheet & Leverage
BALANCE SHEET & LEVERAGE Large performing strong asset base and minimal debt Aset dan Liabilitas (Rp Miliar) Financial Ratios as at 30 September 2020 1.600 Current Ratio (x) 20,7x 26 37 14 Debt to Equity (%) 1% 1.200 Return on Equity (%) -3% EBITDA Margin (%) 60% Net Income Margin (%) -54% 800 1.381
Slide 39: The End Thank You
THE END THANK YOU 39
PT MD Pictures — Investor Presentation (December 2020) on 6ix