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
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Zero in on one that says yes (and no)
Andy Marken May 29, 2026
0 Comments
Hero image courtesy of Deposit Photos
For content creators the most difficu...
29/05/2026
With InfoComm 2026 just weeks away, NDI is giving attendees plenty of reasons to...
29/05/2026
Reaffirming a partnership that has defined Canadian sports broadcasting since 19...
29/05/2026
Mobile/tablet is No. 2 device for watching TV, suggesting that the sports-production industry needs to take another look at the format
Ring Digital's Sprin...
29/05/2026
Berliner Ensemble, one of Berlin's five major theater companies, has expande...
29/05/2026
Solid State Logic will showcase its new compact, fly-away TCA Tour audio product...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, passed away last month on April 12 ...
29/05/2026
Paramount+ will be the English-language U.S. home for Barclays Women's Super...
29/05/2026
Further strengthening its virtualisation strategy to fully support broadcasters ...
29/05/2026
Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cant...
29/05/2026
PTZOptics will showcase a new generation of intelligent video workflows at InfoComm 2026, June 17-19, Las Vegas. Visitors to booth N8227 will see how PTZOptics ...
29/05/2026
Arizona's Family has launched the Arizona's Family Sports (AZFS) streaming app, a new direct-to-consumer destination for live, local sports. The app is ...
29/05/2026
Starting in 2027, DAZN will be the exclusive home of The Canadian Football Leagu...
29/05/2026
Comcast Business has detailed the advanced network infrastructure it has deploye...
29/05/2026
In two-day event, leaders from academia and industry explored solutions to chall...
29/05/2026
The Basketball Tournament (TBT), now entering their 13th year of competition, ha...
29/05/2026
Roku has launched FOX One as a Premium Subscription on The Roku Channel in the U.S. Roku customers can now subscribe to FOX One using their Roku account for liv...
29/05/2026
In its sixth year, the broadcaster's coverage has become a global brand and ...
29/05/2026
Ratings Roundup is a rundown of recent ratings news and is derived from press re...
29/05/2026
The days are getting longer, the temperatures are rising, and playlists are filling up for the season. With summer around the corner, Spotify's global edito...
29/05/2026
New retro-inspired MPC announced
There are few devices that have gained the status held by Akai Pro's MPC range, and in recent years, the company have s...
29/05/2026
Save up to 30 on acclaimed titles
Following a successful launch at Superbooth 2026, Bjooks have revealed that they will be continuing the Kickstarter campa...
29/05/2026
Binaural monitoring application improved
Genelec have just released an update that brings some powerful new features to their HRTF-based binaural headphone ...
29/05/2026
6 June 2026 at SAE Institute, London, UK
IMSTA FESTA 2026 is almost upon us, with some of the biggest names in pro-audio set to descend upon SAE Institute i...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, died April 12, 2026, at his home in...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Comparing 5 AI Video Enhancers for Restoring Old Video Quality
Kate Luvis May 29, 2026
0 Comments
Digitizing VHS, MiniDV, and other legacy formats doe...
29/05/2026
Studio Hamburg Builds New Post Pipeline with DaVinci Resolve Studio
Brie Clayton May 29, 2026
0 Comments
Workflow replaces a patchwork of legacy tools...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
At the Intersection of Music and Dance, an Epic Collaboration Boston Conservatory musicians and dancers found creative parallels in their recent performance o...
29/05/2026
May 29 2026, 09:00 (PDT) Dolby and rednote Bring More Immersive Storytelling to...
29/05/2026
Something fundamental has shifted in how people consume media. Audiences aren't abandoning television or radio content; they're just expanding how, wher...
29/05/2026
Youtube exclusive special drops today
Watch now
UKTV today announces another e...
29/05/2026
Back to All News
The Official Trailer of Physical 100 Italy, on Netflix From Se...
29/05/2026
At just 20 years old, Sean Melia from Summerhill Co. Meath has been revealed as the winner of Super Garden 2026. Sean is the youngest ever contestant and winner...
29/05/2026
Experimental HIV vaccine achieves a long-sought goal In a first for the field, all non-human primates given a new series of vaccines generated antibodies capabl...
27
