Opportunity Day May 29, 2020
Disclaimer The information (“Confidential Information”) contained in this presentation is strictly confidential and is provided by JKN Global Media Public Company Limited (the “Company”) to you solely for your reference. This presentation is confidential and its content may not be copied, reproduced, redistributed, quoted, referred to or otherwise disclosed, in whole or in part, directly or indirectly, to any third party without the prior written consent of the Company. Although care has been taken to ensure that the Confidential Information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the Confidential Information is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning the Company. None of the Company respective directors makes any representation or warranty (express or implied) regarding, and assumes any responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein. None of the Company or any of their respective members, directors, officers, employees or affiliates nor any other person accepts any liability (in negligence, or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for any securities in Thailand or any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation contains projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the Company and its directors. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management of the Company on future events. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results may differ from those forecast and projected or in the forward-looking statements as a result of various factors and assumptions.
Company overview Financial Highlights Business outlook Q & A
COMPANY OVERVIEW
Company Established with paid-up capital 1 Mil Baht JKN Dramax channel starts operations. Digital TV launched for Thai public. License signed with CNBC (Asia) under American Broadcaster NBC (Universal) Listed in The Market for Alternative Investment (mai) Becomes worldwide distributor of BEC World content JKN CNBC launches operations. Plan to list in the SET (Stock Exchange of Thailand)
A news TV station We are in the We operate as an A television network research and develop broadcast through integrated marketing broadcast through Digital TV, phase of launching a cable/satellite and communications comprehensive cable/satellite, distributor. IPTV systems, financial and online, OTT branded branded as under “JKN-CNBC” investment training “JKN Dramax” institution. and “JKN-News”
Corporate Vision To be Number 1 global content management and distribution company in Thailand and CLMV countries.
FINANCIAL HIGHLIGHTS
Financial Highlight Revenue - YTD ( THBm ) Revenue by segment Revenue - Q ( THBm ) 1Q 2020 Growth 9% 1Q 2019 1,711 2% 0% 9% 0% 0% 461 1% 1,423 1,156 846 424 424 97% 461 457 90% Program right Media Product Other Revenue Total Revenue Total Revenue Total revenue of the company and its 2015 2016 subsidiaries increased from all segments 1Q 2019 4Q 2019 1Q 2020 2017 2018 especially, the increasing of revenue from 2019 1Q 2020 program rights and other income.
Financial Highlight 1,711 1,800 500 1,642 461 424 450 417 1,600 412 424 1,422 377 400 1,318 1,400 1,156 350 1,200 1,071 300 1,000 846 250 724 800 200 600 150 95 253 188 400 80 100 228 51 164 200 50 - - Content Total revenue Net profit Content Total revenue Net profit 2016 2017 2018 2019 1Q2019 4Q2019 1Q2020 2017 2018 2019 YoY QoQ Unit : Million Baht 2017 2018 2019 Unit : Million Baht 1Q2019 4Q2019 1Q2020 Growth Growth Growth Growth Growth Content 1,071 1,318 1,642 48% 23% 25% Content 412 377 417 1% 11% Total revenue 1,156 1,422 1,711 37% 23% 20% Total revenue 424 424 461 9% 9% Net profit Net profit 188 228 253 15% 21% 11% 80 51 95 19% 86%
Adaptability 1950 - 2010 2011 - 2017 2018 - 2020 Content platform Analog TV Cabsat TV Analog TV Cabsat TV DTT Cabsat TV DTT DVD Cassette Tap DVD Blu-ray CD Blu-ray USB USB Online Online Streaming Streaming Revenue by platforms (THBm) 700 609 600 500 433 383 350 400 297 290 269 241 300 201 180 179 163 163 153 200 133 121 106 48 33 100 21 24 18 11 10 - - 2 - 0 - 6 - - - - 5 - - - 2017 2018 2019 1Q 2020 Cabsat DTT VOD Home Ancillary Cabsat, Home Cabsat, VOD DTT, Cabsat DTT, Cabsat, VOD DTT, VOD VOD, Home
Revenue by platforms 250 800 698 211 700 200 182 574 174 600 148 458 136 500 150 385 371 375 400 312 269 84 100 77 300 70 211 178 180 169 51 48 200 136 50 70 18 100 33 7 18 11 - - - - - 2 - - - - - - - - - DTT, CABSAT DTT HOME VOD CINEMA DTT, CABSAT DTT HOME VOD CINEMA CABSAT CABSAT (TV (TV Right) Right) 2017 2018 2019 3m 2020 1Q 2019 4Q 2019 1Q 2020 Unit: Million Baht 3m 2019 % 3m 2020 % Change % DTT, CABSAT (TV Right) 84 20% 136 33% 52 62% CABSAT 51 12% 70 17% 19 37% DTT 182 44% 211 51% 29 16% HOME 18 4% - - (18) (100%) VOD 77 19% - - (77) (100%) Total 412 417 5 1%
Content by Geographic Revenue - Categories Revenue - Location 0% 20% 40% 60% 80% 100% 1Q 2019 1Q 2019 96% 3% 1% 0% 118 MB 1Q 2020 82% 2% 15% 1% 294 Asian Fantasy Hollywood Hits I-Magic The Project Other MB Revenue - Sub Categories 0% 20% 40% 60% 80% 100% Thailand Export 1Q 2020 1Q 2019 4% 61% 35% 136 MB 1Q 2020 94% 6% 0% 281 MB India Philippines Other Backlog as at Domestic sales - Export sales - 31 Mar 2020 content 213 MB content 69 MB Thailand Export
Financial Highlight Expense by segment Total expense (THBm) 1Q 2019 1Q 2020 80% 1,298 339 77% 17% 21% 1,068 0% 3% 830 1% 1% 558 303 301 301 255 Program right Media Product SG&A 2015 2016 2017 2018 2019 3m 1Q 4Q 1Q 2020 2019 2019 2020 Expenses Expenses per total revenue There is no significant change of total expense. Selling expense decreased because there was an epidemic 59% 57% 55% 58% 55% situation and the event to promote the contents had to be stopped 52% and postponed. 17% 20% 14% 13% 15% Administrative expense decreased was resulting from the decrease 11% in loss on exchange rate due to the fact that the Thai Baht value depreciated against US Dollar. By the way, there is rise of allowance Cost of program SG&A Cost of program SG&A for doubtful accounts, the Company setup doubtful debts during right right this period by the simplified approach to consider loss that was 2017 2018 2019 1Q 2019 4Q 2019 1Q 2020 resulting from a decrease in time value of money .
Selling & Administrative expenses Selling expense (THBm) Admin expense (THBm) 30 3 28 2 2 2 14 11 1 10 4 4 2 0 0 0 Employee cost Profession fee Loss on exchange Doubtful debts Other Events Marketing AD & PR Other rate 3m 2019 3m 2020 3m 2019 3m 2020 Selling and service Admin expense Q1’19 Q1’20 Change %change Q1’19 Q1’20 Change %change expenses Employee cost 29.90 28.27 (1.63) (5.45%) Events marketing 2.01 0.01 (2.00) (99.50%) Professional fee 3.81 1.95 (1.86) (48.82%) 13.90 - (13.90)(100.00%) Advertising & PR 3.01 2.18 (0.83) (27.57%) Loss on exchange rate Provision for doubtful accounts - 4.03 4.03 100.00% Other 1.20 1.94 0.74 61.67% Other 9.52 11.27 1.75 18.38% 6.22 4.13 (2.09) (33.60%) Total selling expenses Total administrative expenses 57.13 45.52 (11.61) (20.32%)
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