VIVA Competitive Strengths and Financial Overview
Financial Results
VIVA's revenue reached KD 139.6 mn during
the six months ended 30 June 2019 as
compared to KD 149.1 mn recorded during
the six months ended 30 June 2018.
On quarterly basis, VIVA witnessed a
remarkable growth in revenues reaching KD
72.9 mn in Q2-19 compared to KD 66.6 mn
in Q1-19 representing a growth of 9.5%
while the net profit for the same period
increased to KD 10.3 mn compared to 9.6
mn.
Key Figures & Ratios
H1-2018
H1-2019
Change
Subscribers (Mn)
2.4
2.1
-12.7%
Revenue (KD Mn)
149.1
139.6
-6.4%
EBITDA
33.3
38.0
+14.1%
EBITDA Margin (%)
22%
27%
+4.9 pt.
Net Profit (KD Mn)
23.8
20.0
-16.1%
Net Profit Margin (%)
16%
14%
-1.7 pt.
EPS (Fils)
48
40
-16.1%
Equity (KD Mn)
165.7
192
+16%
332
384
+16%
Subscribers (Mn)
Revenue (KD Mn)
Net Profit (KD Mn)
VIVA's EBITDA increased by 14.1% to reach
KD 38 mn during the six months ended 30
June 2019 with an EBITDA Margin of 27% as
compared to KD 33.3 mn and margin of 22%
during the same period last year.
The net profit reached KD 20 mn (earning
per share 40 fils) during H1-2019 as
compared to KD 23.8 mn (earning per share
48 fils) recorded during H1-2018.
Shareholders' equity base increased to KD
192 million at the end of June 2019 with a
growth rate of 16% compared to KD 165.7
mn at the end of June-18. VIVA's customers'
reached 2.1 mn by end of June 2019.
BVPS (Fils)
11
Investor Relations
2.4
149.1
2.1
139.6
23.8
20.0
Jun-18
Jun-19
H1-2018
HI-2019
H1-2018
H1-2019
VIVAView entire presentation