Robi Axiata Plc · DSEBD:ROBI
Robi Axiata — Q4 2021 Earnings Presentation
20 slides from Robi Axiata's earnings presentation, Mar 16, 2022
Slide 1: Robi Axiata Limited Q4 2021 Performance
Robi Axiata Limited Q4 2021 Performance M. Riyaaz Rasheed CEO (Acting) & CFO 16th March 2022 1 Life-এ নতু ন এক্সপেরিপ়েন্স
Slide 2: Disclaimer
DISCLAIMER: The following presentation is intended to communicate with individuals who can be lawfully communicated with. Information shared in the following presentation cannot be considered as a guide to speculate on the future performance of the company. an axiata company 2 Life-এ নতু ন এক্সপেরিপ
Slide 3: Agenda
Only registered participants to access Mute yourself, if you are not talking Write your questions in comment section Agenda Key Highlights of Q4 2021 Financial Results of Q4 2021 Q&A an axiata company 3 Life-এ নতু ন এক্সপেরিপ়েন্স
Slide 4: Key Highlights Q4 2021
Key Highlights Q4 2021 M. Riyaaz Rasheed CEO (Acting) & CFO 4
Slide 5: Growth momentum continued despite market challenges
Growth momentum continued despite market challenges ৳ 4G +7.6% +16.1% +5.4% +43.8% Revenue Growth Profit Growth Subscriber Growth 4G User Growth (YoY) (YoY) (YoY) (YoY) 53.7 mn active subscribers with 73.7% data users 98.1% of population covered under 4G network Data revenue growth despite data pric
Slide 6: Enhancing digital inclusion
Enhancing digital inclusion Digital Inclusion (Number of 4G Sites – Q4 2020 to Q4 2021) +1780 1780 number of 4G sites added in 2021 14,810 7.25 million new 4G 14,219 Subscriber in 2021 13,533 13,432 98.1% 4G Population Coverage 13,030 +12.3% YoY Data Subscriber Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 an axiat
Slide 7: Digital Ecosystem Initiatives
Continued focus on digital ecosystem development Robi unveiled text-only Robi 10 Minute School Sponsored UCEP Sylhet Facebook Celebration of SSC (VOC) RESULT Facebook: 4, 335, 139 YouTube: 4, 044, 056 App: 2, 319, 637 Digital Ecosystem Initiatives Telehealth app for diabetes 333- Repurposed patients
Slide 8: Conducive business environment can further accelerate digital transformation
Conducive business environment can further accelerate digital transformation Taxation Spectrum Rationalization Sector specific discriminatory taxes Rationalize spectrum pricing should be rationalized considering the socio-economic (2% minimum turnover tax is yet to be circumstances and market realit
Slide 9: Significant contributions to national exchequer
Significant contributions to national exchequer Contribution to Government Exchequer (BDT bn) BTRC VAT Tax Customs Duty Total Contribution/ Revenue 56% 56% 45.8 42.4 45% 42% 37% 30.8 28.9 27.6 BDT 1,204 Crore Contribution to national exchequers in 58.9% Q4 2021 (Total Contribution / 2017 2018 2019 2
Slide 10: Financial Results Q4 2021
Financial Results Q4 2021 M. Riyaaz Rasheed CEO (Acting) & CFO 10
Slide 11: Growth sustained despite challenging competitive environment & Q4 seasonality
Growth sustained despite challenging competitive environment & Q4 seasonality Revenue (BDT bn) Subscribers (mn) Data Sub % +7.6% +5.4% +0.6 81.4 51.9 51.8 53.0 53.7 50.9 +6.5% -1.9% 75.6 73.8% 73.7% 70.6% 72.4% 20.9 69.2% 19.8 20.3 20.5 19.2 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 2020 2021 Q4 20 Q1 21 Q2 21
Slide 12: Steady progress in data revenue amid continued data price erosion
Steady progress in data revenue amid continued data price erosion 4G Data User (mn) Data Usage (GB/sub/month) Data Revenue (BDT bn) +42.8% +2.1% +41.1% +11.8% +43.8% +6.2% 4.3 4.3 23.8 3.9 4.0 30.4 22.4 19.9 3.4 +1.9% -4.8% 17.8 3.0 27.2 16.6 2.8 7.7 8.0 7.6 7.1 7.2 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q4
Slide 13: ARPU stabilization driven by voice price optimization
ARPU stabilization driven by voice price optimization Service Revenue (BDT bn) Service ARPU (BDT), APPM (BDT) Service ARPU APPM +7.6% +0.5% -4.4% 80.7 +2.6% 125 127 122 +6.3% -1.5% 121 123 121 124 75.0 0.58 0.58 19.7 20.1 20.6 20.3 19.1 0.55 0.54 0.53 0.53 0.52 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 2020 202
Slide 14: Constant focus on cost management resulted in YoY EBITDA uplift
Constant focus on cost management resulted in YoY EBITDA uplift EBITDA (BDT bn) and EBITDA % Capex1 (BDT bn) EBITDA EBITDA % -2.1 +2.7% 21.0 33.1 32.2 -1.6 -1.5 18.8 +2.3% -9.3% 42.6% 40.6% 6.6 6.5 5.8 8.5 8.6 5.0 7.6 8.1 7.8 39.7% 41.0% 42.1% 41.3% 38.2% 1.5 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 2020 2021
Slide 15: FCF acceleration and stabilization of debt ratio
FCF acceleration and stabilization of debt ratio FCF1 (BDT bn) Net Debt2 (BDT bn) and Net Debt/EBITDA Net Debt/EBITDA Net Debt +26.8% 51.5 52.7 14.2 49.3 50.2 49.1 +>100% +34.2% 11.2 6.6 1.5 1.5 1.6 1.6 1.5 2.7 2.8 2.1 1.1 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 2020 2021 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 YoY FCF
Slide 16: Top line growth resulted in higher profit in 2021
Top line growth resulted in higher profit in 2021 PAT (BDT bn) Earnings per Share (BDT) +16.1% +5.2% 1.8 0.34 0.33 1.6 +15.9% +22.8% +27.1% +22.8% 1.0 0.19 0.8 0.8 0.16 0.15 H2 20 H1 21 H2 21 2020 2021 H2 20 H1 21 H2 21 2020 2021 FY21 profit uplift enabled by good top-line growth despite continued i
Slide 17: Recommended total 5.0% cash dividend in 2021
Recommended total 5.0% cash dividend in 2021 BDT 0.34 BDT 0.50 145.3% Earnings per Share Dividend per Share Dividend Payout Ratio 2021 (Full Year) 2021 (including BDT 0.30 2021 (Full Year) Interim Cash Dividend) Recommended Final Cash Dividend 2% i.e. BDT 0.20 per share (total 5% i.e. BDT 0.50 per s
Slide 18: Key takeaways: revenue growth and 4G coverage in 2021
Steady subscriber growth, higher data usage rate, innovative product, new spectrum activation and continued network expansion resulted in overall revenue growth in 2021 Continuous effort in maximizing the 4G coverage with 14,810 4G sites in operation at the end of 2021 In 2021, overall revenue has g
Slide 19: Thank You
Thank You an Axiata company 18 Life-এ নতু ন এক্সপেরিপ়েন্স
Slide 20: Q&A
an axiata company Q&A 19 Life-এ নতু ন এক্সপেরিপ়েন্স