Subex Limited has informed the Exchange about Investor Presentation
February 13, 2025
The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400 001 Fax: 022-2272 2037/2039/2041/3121 BSE Scrip Code: 532348
Dear Sir/Madam,
The Secretary National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot no. C/l G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400 051 Fax: 022-2659 8237/38; 2659 8347/48 NSE Symbol: SUBEXLTD
Sub: Subex Limited “The Company”- Investor Presentation for Q3 FY25
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investor presentation for Q3 of FY25 for the Earnings Call scheduled to be held on Friday, February 14, 2025, at 10:00 A.M. (IST).
Kindly broadcast the same on your website.
Thanking you
Yours truly, For Subex Limited
Nisha Dutt Managing Director & CEO
Encl: as above
`
Subex Limited Investor Presentation
February 25
investor.relations@subex.com
Agenda of the meeting
• Financial Updates
• Business Highlights
Quarterly Results
(cid:131) Revenue : Operating Revenue declined by 2% to ₹7,269 Lakhs in Q3 vs Q2 ₹7,416. However, the core Telco business continued in positive momentum, growing by 2% QoQ.
(cid:131)
(cid:131)
(cid:131)
(cid:131)
(cid:131)
(cid:131)
EBITDA Recovery : EBITDA improved significantly to ₹250 lakhs from ₹189 lakhs in the previous quarter, reflecting a ₹61 lakhs increase of primarily driven by cost optimization.
Profitability: PBT (excluding exceptional items) improved to -₹ 32 lakhs from –₹ 123 lakhs in previous quarter, highlighting a steady recovery.
Earnings Per Share (EPS): EPS for the quarter stood at ₹(0.06), compared to ₹0.01 in the previous quarter and ₹(0.09) in the corresponding quarter of the previous year
Other Information
DSO increased to ~120 days from ~112 days in Q2 FY25, excluding unbilled trade debtors. Adjusted DSO stands at 106, accounting for delayed collection received post quarter end.
Closing cash stays at ₹ 9,892 Lakhs vs ₹ 9,785 Lakhs of Q2 FY25.
Tax refund update: The company is yet to receive the previously determined tax refund of ₹ 814 Lakhs.
"Continued turnaround in the core Telco business with QoQ growth and consistent positive EBITDA over multiple quarters positions us to reinvest in growth" - Nisha Dutt, CEO
EBITDA PBT
PAT Excl. Exceptional
Items
PAT Incl. Exceptional
Items
(₹ in Lakhs)
Q3 FY24 Q2 FY25 Q3 FY25
57 189 250 (239) (123) (32)
(489) (360) (325)
(489) 62 (325)
Revenue Metrices – Q3 FY25
Business Highlights
o Reimagine & Grow
(cid:131) Won two Tier 1 opportunities from Americas & Middle East (cid:131) MS continues to be a strong business (cid:131) New MS deal from a major APAC operator (cid:131) Demonstrated AI Agents to manage Fraud at GSMA FASG
Growth
o
Significant cost optimization measures to bring back company to profitability o Telco business YTD EBITDA margins stands at 4% up from -5% previous
year.
o Telco business quarterly EBITDA improved to 9% vs 3% corresponding
Efficiency
quarter of previous year
o Overall EBITDA positive in 4 out of last 5 quarters
o Managerial development program to strengthen mid-level management o Continued focus on upskilling, training and gender diversity
G
E
T
Talent
5
The Subex Advantage
01
Strong Tailwinds in AI
- Almost all RFPs ask for AI use cases - Fraud Management a top AI Use Case amongst Telcos
02
Few Players with Data Access
- 150+ customer base with data connectors processing 500bn+ records per day - High switching costs
03
Telco Domain Expertise
- 25+ years of expertise in telecom and handling Telco data across functions - Continuous product development with strong R&D spend
04
Geography Focus
- Revenue growth driven by strong presence in emerging markets and increased
AI adoption in developed markets.
05
Landed and Expanding
- Landed & expanding with AI across clients
06
Strong Annuity Model
- Strong revenue model with ~70% revenue is annuity/recurring nature - Excellent customer retention of ~95%
6
Global Marquee Customer Base
150+
Global customers 100+ Countries
Asia
Americas
7
Thank you
investor.relations@subex.com
8