Comcast Results Presentation Deck slide image

Comcast Results Presentation Deck

Sky 4th Quarter 2022 Overview 8 Customer Relationships 23.0 (1%) 4Q21 Revenue $5,079 4Q21 22.9 (2%) 1Q22 (0.8%) $4,416 4Q22 22.7 (2%) 2Q22 23.0 +0% 3Q22 $464 23.1 ($M) Adjusted EBITDA* ($M) 4Q21 +0% 4Q22 (15.1%); (2.0%) ex. severance $340 4Q22 (M) *Reported results for 4Q22 include increased severance costs. Refer to Notes page for further details. All percentages represent year/year constant currency growth rates. See Notes on Slide 12 * Commentary Customer relationships: increased 129,000 to 23.1M Net additions in the U.K., Italy and Germany Revenue: (0.8%) to $4.4B - Direct-to-Consumer: +0.2% to $3.5B; growth in the U.K. driven by wireless and broadband revenue Content: +6.5% to $304M driven by licensing our entertainment content Advertising: (9.6%) to $564M, primarily driven by lower revenue in the U.K., reflecting the timing of the FIFA World Cup and the macroeconomic environment Adj. EBITDA: (15.1%) to $340M, (2.0%) ex. severance* Reflecting an increase in direct network costs and higher other expenses, mostly offset by lower programming costs due to timing
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