Financial & Operational Performance · The Philippines 75,000 units . C o p y r i g h t @ 2 0 1 3 G...
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Financial & Operational Performance for Financial Period Ended 31 December 2013
Transcript of Financial & Operational Performance · The Philippines 75,000 units . C o p y r i g h t @ 2 0 1 3 G...
Financial & Operational Performance
for Financial Period Ended 31 December 2013
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Forward Looking Statements
This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current expectation, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. These statements are subject to a number of risks and uncertainties that could cause actual results, performance or achievements to differ materially from those discussed in the forward looking statements. Such statements are not and should not be construed as a representation as to the future performance or achievements of Green Packet Berhad and Green Packet Berhad assumes no obligation to update any such statements.
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C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Highlights of 4Q13
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Green Packet Group revenue grew by 14% QoQ and 16% YoY to RM161.5million. The highest revenue recorded.
Group EBITDA improved 53% QoQ to RM18.3million, 9th consecutive EBITDA positive quarter.
Strong EBITDA growth for both Solution and P1 pillars:
Solution Pillar achieved EBITDA of RM4.4million, increased by 159% QoQ.
P1 Pillar recorded its highest EBITDA of RM12.4million, an increase of 41% QoQ.
P1 continue to register high ARPU of RM86, while maintaining low churn rate of 3.6%.
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Solution Pillar Operational Performance
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
WiMAX - Strong Customer Base Continuous Loyalty & Confidence From Leading WiMAX Operators
*Selective PO Obtained In Q3 2013
Tishknet Iraq
24,000 units
Wibox France
9,000 units SMART Communications The Philippines
75,000 units
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
LTE - Building Traction From Trial To Commercial
2012
*GSA, WiMAX Forum, Green Packet Records - Includes commercial, committed and planned networks
Soft Launch of Green Packet’s and the industry’s 1st LTE+WiMAX Device @ Singapore
Commercial Launch of the Green Packet
POD and OD portfolio
Preview Launch of Green Packet’s 1st LTE Device @ MWC Barcelona
Q4 2013
8 trial clients
11 trial clients
Q1 2013 Q2 2013 Q3 2013
60 TD-LTE
21 WiMAX
+ LTE
13 Trial
Clients
61 TD-LTE
21 WiMAX
+ LTE
13 Trial
Clients
2 Commercial Clients
61 TD-LTE
21 WiMAX
+ LTE
13 Trial
Clients
3 Commercial Clients
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
LTE – Expanding Product Portfolio Catering to a broader market ready for adoption
*Selective PO Obtained In Q3 2013
8 commercially ready LTE device models that supports a mix of 6 TDD and 1 FDD LTE bands
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
138,263 units -27 % YoY 24% QoQ
Devices – CPE Shipments in 4Q13
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Revenue & EBITDA as of 4Q13
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
P1 Pillar Operational Performance
Private & Confidential. Powered by Packet One Networks 11
Total Sites as of 4Q13
Cumulative sites as at end Q313: 1,908
Minimal New WiMAX Capacity Sites in View of LTE Migration in 2014
916 1009 1083 1171 1527 1610 1678 1791 1868 1881 1902 1906
93 74 88
356 83 68
113 77 13 21 4 2
1009 1083 1171
1527 1610 1678 1791 1868 1881 1902 1906 1908
0
500
1000
1500
2000
1Q'11 (A)
2Q'11 (A)
3Q'11 (A)
4Q'11 (A)
1Q'12 (A)
2Q'12 (A)
3Q'12 (A)
4Q'12 (A)
1Q'13 (A)
2Q'13 (A)
3Q'13 (A)
4Q'13 (A)
Nu
mb
er o
f si
tes
Existing Sites New Sites Total Sites
Private & Confidential. Powered by Packet One Networks 12
Total Subscribers as of 3Q13
4Q13 Total Net Subscribers (broadband & voice): 542.8K
304.8 337.8 355.5 388.6 399.0 410.0 434.9 433.5 449.0 454.7 453.2 449.3
14.2 19.1 20.9
26.9 47.1 57.5
70.7 83.6 92.3 98.4 99.9 93.5
319.0 357.0 376.3
415.4 446.1 467.4
505.6 517.1 541.2 553.1 553.1 542.8
0
100
200
300
400
500
600
1Q'11 2Q'11 3Q'11 4Q'11 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q'13 4Q'13 Nu
mb
er
of
Sub
s (T
ho
usa
nd
s)
Broadband Net Subs Voice Net Subs Total Subs
ARPU & Churns
Churn (%) ARPU (Postpaid, RM)
5.3 4.8
2.7
4.9 3.5 3.5 3.8 3.6
78 80 78 81 83 83 82
86
ARPU & Churn continue to improve
56.2
68.0 71.9
79.7 79.2 80.9 76.1 78.7 80.5
73.6 75.5 75.0
-
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
1Q'11 2Q'11 3Q'11 4Q'11 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q'13 4Q'13
Ne
t R
even
ue
(RM
’mil
)
Net Revenue
-25.8
-19.4 -16.6
-7.6
2.2 5.1 7.9 8.0 9.2 9.5 10.0
13.9
-30
-20
-10
0
10
20
1Q'11 2Q'11 3Q'11 4Q'11 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q'13 4Q'13
Net
Rev
enu
e (R
M’m
il)
Net EBITDA
Revenue & EBITDA as of 4Q13
Powered by Packet One Networks Private & Confidential. 14
EBITDA-driven Business Transformation Strategy Delivers
Q4 ‘13 Marketing Campaign (Consumer) - Unlimited & Triple Quota
15 Powered by Packet One Networks Private & Confidential.
Launched date: Sept 19, 2013
Q4 ‘13 Marketing Campaign (Consumer) - Winback eDM
16 Powered by Packet One Networks Private & Confidential.
Launched Date: 15 Nov 13
Q4 ‘13 Strategic Partner Campaigns - Capital TV Thought Leadership
17 Powered by Packet One Networks Private & Confidential.
Date: 15 Nov 13
Capital TV, is the business and finance TV channel of HyppTV, channel 420. The first homegrown business TV channel in Malaysia that offers in-depth coverage of business news, financial issues and business lifestyle programmes.
CEO Segment
Q4 ‘13 Strategic Partner Campaigns - Exabyte e-Commerce Expo
18 Powered by Packet One Networks Private & Confidential.
Date: Dec 3 - 4, 2013
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Group Financial Performance
For the period ended
31 December 2013
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Key Financial Highlights 4Q13
Revenue (‘million) EBITDA (‘million)
Revenue
RM162mn Improved by 16% YoY
EBITDA
RM18.3mn Decreases by 20% YoY
Group
162
P1
75
(47%)
Alt Svs
46
(28%)
Solution
41
(25%)
Group
18.3
P1
12.4
Alt Svs
1.5
Solution
4.4
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Result from Operational Units
16% YoY positive growth
14% QoQ positive growth
Revenue
•Continuous growth from Communication/ Voice Services •Stabilized production and recognition in Software & Broadband Services
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Result from Operational Units
EBITDA
QoQ growth +10% +114% +149% -68% +53% +27% +28%
YoY Group EBITDA margin reduce -20% mainly due to: In Q4 2012: One-off gain on disposal of subsidiary in GP In Q4 2012: Foreign exchange gain in GP In Q4 2013: Higher operating expenses in GP (rationalization exercise)
EBIDTA margin
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
Result from Operational Units
Operational Losses
Operational Losses (After MI)
+8% YoY positive growth
+17% QoQ positive growth
+8% YoY positive growth
+28% QoQ positive growth
C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .
2012
Financial
Performance
Thank You
