Grameenphone Ltd. · DSEBD:GP
Grameenphone — Q3 2021 Earnings Presentation
21 slides from Grameenphone's earnings presentation, Oct 21, 2021
Slide 1: Grameenphone Ltd. Third Quarter 2021
grameenphone “ Grameenphone Ltd. Third Quarter 2021 Yasir Azman, CEO 21 October 2021
Slide 2: Disclaimer
Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such 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. Information in the fo
Slide 3: Sensitivity: Internal
Sensitivity: Internal
Slide 4: Ease of restrictions and declining rates of COVID-19
Ease of restrictions and declining rates of COVID-19 Over 1.5 Vin cases with more than 27.7 K deaths till date; 16.2+ Mn vaccinated (both doses)* Negative impact from 33 days of stricter lockdown; ease of restrictions and declining rates from August Partial reopening of educational sector from middl
Slide 5: Improving growth momentum after withdrawal of lockdown
Improving growth momentum after withdrawal of lockdown Continued site rollout and spectrum deployment contributing to usage growth and improved experience +7.7%YoY subscribers as a result of strong sub- base management 27.6 Min 4G users; conversion of users from voice to data as a result of drive on
Slide 6: Building a future-fit company through digitization and modernization
Building a future-fit company through digitization and modernization customer facing services on MyGP daily engagement; boosted by features like infinity scrolling and live streaming of sports Grameenphone Flagship Centres nation-wide reaching customer needs in deep rural Partnership towards buildin
Slide 7: Business Environment
Business Environment Bangladesh govt. is aiming to launch 5G; a consultation process has been initiated. GP has submitted its feedback. Having onboarded two vendors, GP has on-aired more than 1200 sites. Discussion is ongoing with other Tower Cos and regulators. Q3 2021
Slide 8: Empowering Societies
Empowering Societies Digital Inclusion & Enablement Connecting 83.6 Mn customers 46.1Mn customers access the internet 27.6 Mncustomers are empowered with 4G COVID-19 relief More than 11Mn customers were provided 10 Mins and 100 MB for free to ensure connectivity during stricter lockdown Over 83,000
Slide 9: Grameenphone Ltd. Third Quarter 2021 (CFO)
grameenphone “ Grameenphone Ltd. Third Quarter 2021 Jens Becker, CFO 21 October 2021
Slide 10: Topline & EBITDA growth continued
Topline & EBITDA growth continued +1.9% YoY Growth 63.3% Subscription & Traffic Revenue* EBITDA Margin ** 10.4% 6.34 CAPEX/Sales*** Earnings Per Share *Revenues generated by own subscription (excludes interconnection) ** EBITDA before other items, as per IFRS 16 ***Capex excluding license & lease; C
Slide 11: Sub-base buildup continued, along with 9.7% increase in data users
Sub-base buildup continued, along with 9.7% increase in data user Total Subscribers (Mn) Active Data Users*(Mn) and % of Sub-base 83.6 46.1 80.7 82.0 42.0 AST 3% a3 a7 55.1% 54.1% 52.2% 51.7% 53.3% Q3'20 Q4'20 Q121 Q2'21 Q3'21 Q3'20 Q4'20 Q121 Q2'21 Q3'21 fl Active Data User % of Sub-base * Improved
Slide 12: Daily revenues generated by own subscription
Q3 2021 *Daily revenues generated by own subscription (excludes interconnection) Sensitivity: Internal
Slide 13: YoY S&T revenue growth driven by growth in bundle & data
YoY S&T revenue growth driven by growth in bundle & data Data Revenue* (BDT Bn) Bundle Revenue** (BDT Bn) +4.5% 1 94 +963.4% 87 8.4 8.2 87 44 26 11 a: Q3'20 Q4'20 Q121 Q2'21 Q3'21 Q3'20 Q4'20 Q121 Q2'21 Q3'21 * Data revenue includes paygo, subscription & outbound roaming Q3 2021 ** Bundle revenue in
Slide 14: 52.4% data usage growth supported by enhanced data experience
52.4% data usage growth supported by enhanced data experience from new spectrum & new sites rollout Service ARPU and AMPU Data Usage (AMBPU) 5.9% 217 209 207 205 | 202 163 146 143 144 144 2,582 Q3'20 Q4'20 ara Q2'21 Q3'21 Q3'20 Q4'20 ara Q2'21 Q3'21 Mi arpu(epT) Ml AMPU “A Q3 2021 Sensitivity: Inter
Slide 15: 1.3% EBITDA increase mainly driven by topline growth
1.3% EBITDA increase mainly driven by topline growth Opex (BDT Bn) and Margin EBITDA* (BDT Bn) and Margin | +1.9% +1.3% Y 10.8 105 107 22.1 218 22.2 22.9 7 7 i 7 i Q3'20 Q4'20 ara Q2'21 Q3'21 Q3'20 Q4'20 ara Q2'21 Q3'21 MM Opex (BDT Bn) Margin % MS EBITDA (BDT Bn) Margin % ay Q3 2021 *EBITDA before
Slide 16: 1,500+ new sites with 5,300+ new 4G enabled coverage sites
YoY 1,500+ new sites with 5,300+ new 4G enabled coverage sites *Capex (BDT Bn) and Capex/Sales% 5.2 4.0 96.8% 3.6 4G Population 3.2 Coverage 1.9 9.6% 11.3% = || | | my Q3'20 Q4'20 Q121 Q2'21 Q3'21 * 16.8K 4G sites at the end of Q3'21 99.6% 96.4% Population Geographic Coverage Coverage *Capex excludi
Slide 17: Net profit growth negatively impacted by one off modernization cost
Net profit growth negatively impacted by one off modernization cost NPAT (BDT Bn) and Margin Earnings Per Share (BDT) Q3'20 Q4'20 Q121 Q2'21 Q3'21 Q3'20 Q4'20 Q121 Q2'21 Q3'21 Ml NPAT (BDT Bn) Margin % “A Q3 2021 Sensitivity: Internal
Slide 18: Sensitivity: Internal
0.11 58.0% 54.6% 52.0% 52.3% 47.5% Sensitivity: Internal
Slide 19: Contribution to National Exchequer
Contribution to National Exchequer 98.2 * BDT 79.2Bn (equaling 74.2% of total revenues) 84.2 contributed to national exchequer in YTD’21 618 * Contribution in the form of taxes, VAT, duties, license/spectrum fees & revenue share 2017 2018 2019 2020 YTD'21 Figures in 8DT Bn. 86.0 79.2 ay 30 September
Slide 20: Continued topline and EBITDA growth supported by growth in users and usage
— @ — Continued Topline and EBITDA growth supported by growth in users and usage Network rollout and spectrum deployment remain key factors behind growth momentum, contributing positively to customer experience Enabling growth ambition through modernization by integrating automation in operating mod
Slide 21: Thank You
Thank You Q3 2021 In consideration of local regulations, Grameenphone Ltd. does not provide any forward- looking statements. Contact: +8801755552271 Grameenphone ame 46, i1I@D 11:09