Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Director Jordi Solorzano is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: Mex$0.23 (vs Mex$0.12 in FY 2021) Full year 2022 results: EPS: Mex$0.23 (up from Mex$0.12 in FY 2021). Revenue: Mex$15.1b (up 17% from FY 2021). Net income: Mex$677.4m (up 83% from FY 2021). Profit margin: 4.5% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: Mex$3.39b (down 5.3% from 3Q 2021). Net income: Mex$3.25m (down 97% from 3Q 2021). Profit margin: 0.1% (down from 2.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: Mex$3.59b (up 20% from 2Q 2021). Net income: Mex$176.9m (down 37% from 2Q 2021). Profit margin: 4.9% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: Mex$0.12 (up from Mex$0.82 loss in FY 2020). Revenue: Mex$12.9b (up 20% from FY 2020). Net income: Mex$370.0m (up Mex$2.81b from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 25
Second quarter 2021 earnings released: EPS Mex$0.10 (vs Mex$0.24 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Mex$2.98b (up 61% from 2Q 2020). Net income: Mex$282.0m (up Mex$990.1m from 2Q 2020). Profit margin: 9.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: Mex$2.67b (up 8.4% from 1Q 2020). Net loss: Mex$281.0m (loss narrowed 90% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 45% per year. Reported Earnings • Feb 25
Full year 2020 earnings released: Mex$0.79 loss per share (vs Mex$0.48 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: Mex$10.7b (down 16% from FY 2019). Net loss: Mex$2.37b (down 266% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 46% per year. 공시 • Jan 26
TV Azteca, S.A.B. de C.V. Names Rafael Rodríguez as CEO TV Azteca, S.A.B. de C.V. announced that its Board of Directors appointed Rafael Rodríguez Sánchez as the new CEO, as part of its renewal process towards the future. Rafael Rodríguez takes the helm of TV Azteca to continue and to reinforce the transformation and the alignment of processes within the company that Benjamín Salinas started, which involved profound structural, organizational and financial transformations to assure the success, soundness and solvency of the company into the future. This will allow TV Azteca – which has gone through very difficult times in face of the health emergency – to continue offering the best television content to its audiences, and furthermore, to bring them innovative platforms that characterise the new technologies For 20 years, Mr. Rodríguez has been an essential part of Grupo Salinas, particularly in the construction of today's TV Azteca, where his talent as Legal Director has allowed to promote renewal processes in all areas of the company. Rafael Rodríguez is a Lawyer from La Salle University and has studies in Telecommunications from the Instituto Tecnológico Autónomo de México and Law from the Institute of Directors in England. 공시 • Dec 30
TV Azteca and Vault AI Launch Audience Insights in Mexico TV Azteca announced that it is launching together with Vault AI, "Real Unscripted", a consumer insights prediction platform for unscripted content. To optimize the "Real Unscripted" platform for both COVID-19 and post-COVID-19 use cases, Vault AI developed the product in cooperation with blue chip streaming and linear television clients in the US and globally. This cooperative development empowered Vault AI to not only predict audience engagement, demographics, and demand drivers as they do for Scripted content, but also expand features to replace traditional research methods such as dial testing.