Sony Pixel Power calrec Sony

ASTROS Q4FY23 REVENUE +7% Q-O-Q TO RM991MN, SUPPORTED BY HIGHER ADEX AND BROADBAND BASE

27/03/2023

27

March

2023

ASTROS Q4FY23 REVENUE 7% Q-O-Q TO RM991MN, SUPPORTED BY HIGHER ADEX AND BROADBAND BASE

ARPU RM1 Y-o-Y to RM98.20 Underpinned by Higher Value Bundles



Astro Malaysia Holdings Berhad (AMH) | Result highlights for the fourth quarter of the financial year ended 31 January2023 (Q4FY23) [All comparisons refer to the third quarter of FY23 (Q3FY23) quarter-on-quarter (q-o-q) comparison, except as noted]:

PATAMI >100% q-o-q to RM55mn

Adex 14% q-o-q to RM126mn

Broadband base 34% y-o-y

ARPU increased by RM1 y-o-y to RM98.20



Astros Q4FY23 revenue increased by 7% q-o-q to RM991mn, driven in part by higher Adex and a larger broadband base. PATAMI improved q-o-q to RM55mn, the result of higher revenue and unrealised forex gains due to transponder lease liabilities as the Ringgit appreciated during the period, offset by higher sports content cost. The Group remained cash generative and proactive in its capital management. However, amid macro and industry challenges, in this quarter the AMH legal entity recognised a non-cash impairment of RM763mn in respect of its historical cost of investments in subsidiaries. This impairment is an accounting adjustment and has no impact on the Groups consolidated PATAMI, nor any bearing on the entity or Groups current or future cash position. The Group recorded a full year PATAMI of RM259mn in FY23. Given the non cash impairment, no interim or final dividends will be paid this quarter. The dividend declared in respect of FY23 amounts to 3.0 sen per share, equating to a 60% payout ratio.

Euan Smith, Group CEO of Astro said: Our transformation plans have continued apace this year as we continue to put in place the structures and architecture that will define the Astro of the future. We are starting to see the benefits from the investments in content, product, connectivity, advertising and customer service, moving the company aggressively into the new streaming, on demand era. In line with Astros OTT aggregation strategy, we added Viu and ZEE5 to our existing premium apps and further enriched the content line-up for customers, who now have access to over 110k shows on demand. Together with the best live international and local sports, Astro Originals, premium international shows and everyones favourite Astro signatures, the addition of Viu reinforces our position as the entertainment destination for Malaysians with its extensive Korean drama and original series, while ZEE5 brings compelling new content for our Indian vernacular. Customers are streaming more than ever on the Ultra and Ulti boxes, as well as on Astro GO, with our On Demand shows streamed rising 25% y-o-y to 660mn. Our value-added streaming-focused TV packs, which can be bundled with Astro Fibre, are delighting our current customers and attracting new ones, contributing to the growth of both our ARPU by RM1 y-o-y to RM98.20, and increasing our broadband base by 34% y-o-y.

As the official broadcaster of the FIFA World Cup Qatar 2022, we were very pleased with viewing figures. In addition, many match events and special appearances by football legends helped increase footfall and generate on-ground excitement for all our customer groups. More recently we are extremely pleased to have become the official broadcaster of Liga Malaysia. Initial reception to our high quality coverage has been strong and we look forward to building the sport with the league and clubs. Elsewhere, the heightened awareness on the consequences of using illegal streaming devices at commercial premises is helping to drive higher subscription for our enterprise packs, which can be paired with BIZFibre.



Key HighlightsBest of Live Sports, Astro Originals and Local Movies:

As the official broadcaster of Liga Malaysia, Astro has returned to champion local football with 244 matches in HD and 13 supporting programmes on 2 dedicated Arena Bola channels. Take up of Liga Malaysia offerings on Astro, NJOI and sooka are off to a good start since the 2023 season kick-off last month

Astro Original, Projek: High Council, currently the No.1 show On Demand with 155mn minutes streamed, has attracted a new wave of fans with total social media reach of 23mn and 1bn views on Tik Tok. On ground activities generated huge excitement, reinforcing the new Astro experience among fans

Live signature shows enthralled viewers with fan favourite Gegar Vaganza Season 9 registering 2.3mn TV viewership and 1.7mn shows streamed

Mechamato The Movie is the No.1 local animated film with RM36mn while Didi & Friends The Movie grossed RM8.1mn inbox office sales



Streaming More on Astro: Ultra and Ulti Boxes installs grew 47% y-o-y to 827k while Astro GO saw its monthly active users rose 10% y-o-y to 581k, with average weekly viewing time of over 3 hours. Both platforms are designed to make streaming easy and seamless, resulting in OnDemand shows hitting 660mn in FY23, up 25% y-o-y



Growth in Adex: Total Adex rose 14% q-o-q toRM126mn, with year-end festivities and the FIFA World Cup Qatar 2022 driving strong performance across all TV, radio and digital platforms. Radex, TV Adex and Digital Adex share stood at 73%, 34% and 2% respectively. Astro Radio brands continued to rank No.1 across all languages, registering 17.7mn weekly radio listeners on FM and online. SYOK, Malaysias most popular audio entertainment app, saw its podcast monthly listens increased by 28% y-o-y to 1.1mn while Astro digital brands registered 8.4mn monthly unique visitors



sooka Continues to Win Over Millennials: Streaming service, sooka, which has over 22k hours of content library, achieved 1.1bn minutes watched to date, with 82% users on mobile. Sales of World Cup Match Passes exceeded expectation and drove engagement, with VIP TV subscriptions on the big screen doubling during the World Cup period. sooka users can
LINK: https://corporate.astro.com.my/mediaroom-releases/astros-q4fy23-revenu...
See more stories from astro

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

07/10/2026

Dalet Flex LTS Delivers Smarter Media Operations from Ingest to Distribution

Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...

06/09/2026

Dolby and MagentaTV Bring Fans Closer to the FIFA World Cup 2026 in Germany with Dolby Vision and Dolby Atmos

June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...

20/08/2026

MS Now to Launch $7.99 DTC Service

Share Copy link Facebook X Linkedin Bluesky Email...

20/08/2026

Nielsen Details Improvements to Audience Measurement Capabilities

Share Copy link Facebook X Linkedin Bluesky Email...

20/08/2026

Study: 174 Billion Illegal Streams During FIFA World Cup 2026

Share Copy link Facebook X Linkedin Bluesky Email...

20/08/2026

Prasad Opens New 8K/4K Film Preservation & Restoration Center

Share Copy link Facebook X Linkedin Bluesky Email...

20/08/2026

IPC Expands Brazilian Presence with New Channel Partner C...

IPC Expands Brazilian Presence with New Channel Partner CCATech Industry veterans Carlos Abrah o and Bruno Lopes strengthen local support and expand IPCs prese...

20/08/2026

Zixi Enters Mauritius Market Through Strategic Deployment...

Zixi Enters Mauritius Market Through Strategic Deployment with MTC Jockey Club Worlds Oldest Horse Racing Club in the Southern Hemisphere Selects Zixis Softwar...

20/08/2026

Scripps Research scientist to receive $2.76 million NIAID New Innovators Award

LA JOLLA, CA-Scripps Research assistant professor Tiantian Liu has received a five-year NIAID DP2 award from the National Institute of Allergy and Infectious Di...

20/08/2026

Audiences reveal appetite for multicultural Australia on-screen

Audiences reveal appetite for multicultural Australia on-screen 20 August 2026 Dr Georgie McClean, Dr Rebecca Huntley (L-R) By Dr Georgie McClean and Dr Rebec...

20/08/2026

How Mavis Studio Is Expanding Live Production Teaching at Sussex

How Mavis Studio Is Expanding Live Production Teaching at Sussex Brie Clayton August 19, 2026 0 Comments Hero image displays a student about to mix be...

20/08/2026

Vertical Unscripted Series Legal Queens Captured with Blackmagic Design

Vertical Unscripted Series Legal Queens Captured with Blackmagic Design Brie Clayton August 19, 2026 0 Comments Reality TV veteran Eric Gardner create...

19/08/2026

Imagine Communications Steve Reynolds on Kaseya Centers Hybrid IP Build and the Growth of ST 2110

As the cost of IP nears price parity with traditional SDI, Reynolds argues that ...

19/08/2026

European Athletics Championships 2026: BBC, Event Organizers Bring Birmingham Action to Viewers in Style

A private 5G bubble was chosen instead of traditional broadcast RF for the race ...

19/08/2026

Filipiana Sets the Class Divide on a Golf Course in the Philippines

(L-R) Rafael Manuel and Isabel Sicat attend the Filipi ana premiere during the 2026 Sundance Film Festival at The Ray Theatre on January 23, 2026, in Park Cit...

19/08/2026

MPG launch Save Our Studios survey

Studio owners invited to have their say on rates cuts The Music Producers Guild (MPG) are inviting UK-based studios to take part in an in-depth survey that ...

19/08/2026

Harrison unveil the Flex-10

Vintage-inspired desktop interface revealed Harrison's latest hardware offering sees them head into the world of audio interfaces, delivering a 10-in/12...

19/08/2026

Minimal Audio release Lucid

Granular effect remains locked to scale and tempo Described as your dream granular effect , Minimal Audio's latest creation is capable of turning any s...

19/08/2026

Audio Modeling open PolySWAM pre-orders

First polyphonic SWAM instrument incoming Audio Modeling's latest physical-modelling orchestral instrument is just around the corner, and is now availab...

19/08/2026

FOX and NBCUniversal Score with FIFA World Cup 2026 Success in Nielsen's June Gauge Reports

World Cup Games Generate 84 Billion Minutes Across FOX, Fox Sports 1 and NBCU...

19/08/2026

The Gauge: Poland | July 2026

July brought typical peak-holiday drops in viewership, driven primarily by viewers stepping away from screens and a visible decline in reach across both traditi...

19/08/2026

Carr Calls ABC Suit 'Meritless

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

Henry Alexander Joins BCE as Sales Director

Henry joins BCE as the company accelerates its commercial strategy and expands its international presence across the media, broadcast and technology markets. He...

19/08/2026

iWedia Announces Advanced Android DRAM Optimisation Proce...

iWedia, a leading provider of software solutions for connected TV devices, today announced a major milestone in Android platform optimization with the successfu...

19/08/2026

NTP Technology announces ST 2110-30-RAVENNA 128-channel A...

NTP Technology announces that ST 2110-30 audio-over-IP connectivity with AES67 and RAVENNA capabilities is now available for the brand's world-class audio i...

19/08/2026

ORF goes full IP with Net Insight in nationwide network o...

Net Insight has been selected to provide its Nimbra platform by the service provider Big Blue Marble, formerly ORS Group, as the core media transport solution f...

19/08/2026

Coventry City Trophy Parade Extends LiveU LIQ Beyond the...

LiveU has supported Coventry City FC and several other top-flight UK football clubs through one of their most demanding live production challenges of the year, ...

19/08/2026

Nature Seekers Documentary Shot with Blackmagic URSA Cine 12K LF

Nature Seekers Documentary Shot with Blackmagic URSA Cine 12K LF Brie Clayton August 18, 2026 0 Comments Filming endangered turtles required camera...

19/08/2026

Neyrinck Brings D-Control Consoles Back to Life on Apple Silicon with D-Control Basic

Neyrinck Brings D-Control Consoles Back to Life on Apple Silicon with D-Control ...

19/08/2026

ABC Files First Amendment Lawsuit Against FCC

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

Nielsen: Fox and NBCUniversal Score with FIFA World Cup 2026

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

ESPN Co-Founder Bill Rasmussen Dies At 93

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

Study: NBA Ad Revenue Hit $2.1 Billion Last Season

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

Nexstar's WNCN Donates ENG Van for Training

Share Copy link Facebook X Linkedin Bluesky Email...

19/08/2026

Riedel Brings Professional Live Production Into the Class...

Riedel Communications today announced that Edith Cowan University (ECU) in Perth, Australia, implemented a comprehensive communications infrastructure that brin...

19/08/2026

QuickLink Showcases New 4K Capabilities Across StudioEdge...

QuickLink, a leading provider of award-winning video production and remote guest contribution solutions, will spotlight a major leap forward in remote guest con...

19/08/2026

EMAM together with PlayBox Neo and SNEWS launch combined...

Integrated platform melds media asset management, playout automation and newsroom workflows EMAM, PlayBox Neo and SNEWS have officially launched Nuvex, a conne...

19/08/2026

Screen Australia releases the Private Investment Toolkit to strengthen screen industry financing pathways

Screen Australia releases the Private Investment Toolkit to strengthen screen in...

19/08/2026

Do Aussies truly value local content? Unpacking Screen Currency 2026 with Deirdre Brennan

Do Aussies truly value local content? Unpacking Screen Currency 2026 with Deirdr...

19/08/2026

U&alibi re-commissions Bookish for Christmas Special and Series 3

There's an early Christmas gift for Bookish fans, as UKTV confirms the re-commission of the hit U&alibi drama, created by and starring Mark Gatiss. Viewers ...

19/08/2026

Sky gives sports fans the chance to watch multiple live sports events simultaneously on the big screen for the first time

Wednesday 19 August 2026 Sky gives sports fans the chance to watch multiple liv...

19/08/2026

RT TO AIR HISTORIC KATIE TAYLOR FIGHT IN CROKE PARK

On Saturday September 5 Katie Taylor will step into the ring for the fight of her life against Flora Pili in front of 80,000 fans in Croke Park. A legendary fig...

18/08/2026

SportStream 2026 Virtual Event Set for September 15-17

SportStream 2026, a free three-day virtual event, will take place September 15-17. One registration provides access to all three days of live programming and on...

18/08/2026

IBC 2026: BeckTV to Debut BeckFlow Documentation Platform

BeckTV will introduce BeckFlow to the European market at IBC2026, demonstrated on the Providius stand (10.F53). BeckFlow is a web-based schematic documentation...

18/08/2026

IBC 2026: Boland Communications to Introduce ST 2110 Option for 4K Monitors

Boland Communications will introduce a SMPTE ST 2110 input option for its 4K monitors at IBC2026, along with a new 55-inch super-narrow bezel display for video ...

18/08/2026

Seattle Seahawks Integrate Dolby OptiView with Dolby Vision for Fan Streaming

Dolby Laboratories and the Seattle Seahawks have announced a partnership integrating Dolby OptiView into the Seahawks' live streaming coverage, making the S...

18/08/2026

Insights from BMG's Graham Taylor on the Role of a Sports Producer in Live Broadcast Production

For BMG Executive Producer of Sports Production, Graham Taylor, producing live s...

18/08/2026

TMRW Sports Names Rufus Hack as President of Golf

TMRW Sports has appointed Rufus Hack as President of Golf, a newly created role in which he will lead the company's golf businesses including TGL presented ...