Comcast Results Presentation Deck
Sky 1st Quarter 2022 Overview
7
Customer Relationships
23.4
+1%
1Q21
Revenue
$4,997
1Q21
23.2
+1%
2Q21
(0.5%)
$4,775
1Q22
23.0
+0%
3Q21
23.0
-1%
($M) Adjusted EBITDA
4Q21
All percentages represent year/year constant currency growth rates.
See Notes on Slide 11
$364
1Q21
22.9
-2%
1Q22
+71.2%
$622
1Q22
(M)
($M)
Commentary
Total customer relationship net losses of (106K)
Customer relationships grew in the U.K. and Germany; offset by customer
losses in Italy
Ended the quarter with 22.9M total customer relationships; (2.2%) y/y
Revenue: (0.5%) to $4.8B
Direct-to-Consumer flat to prior period at $3.9B
Content (14.3%) to $295M
Advertising +7.9% to $596M
Adjusted EBITDA: +71.2% to $622M
Strong performance in the U.K.
Results reflect lower sports programming costs due to resets in our sports
rights in Italy and GermanyView entire presentation