Cablevisión Holding Announces Its Full Year and Last Quarter 2022 Results - Seite 2

(millions of Ps. in constant Currency as of December 31, 2022)

2022

2021

% Ch.

4Q22

3Q22

4Q21

QoQ

YoY

Total Revenues

729,182 828,831 (12.0%) 176,777 173,874 199,850 1.7% (11.5%)

EBITDA ⁽¹⁾

199,796 258,066 (22.6%) 41,756 42,677 53,764 (2.2%) (22.3%)

EBITDA Margin ⁽²⁾

27.4% 31.1% (12.0%) 23.6% 24.5% 26.9% (3.8%) (12.2%)

Net income

(168,757) 19,970 (945.0%) (13,931) (199,694) 16,982 (93.0%) (182.0%)

Attributable to:

Equity Shareholders

(100,704) 7,203 (1498.0%) (5,710) (111,730) 6,111 (94.9%) (193.4%)

Non-Controlling Interests

(68,053) 12,767 (633.0%) (8,220) (87,964) 10,871 (90.7%) (175.6%)

⁽¹⁾ EBITDA is defined as Total Revenues minus operating cost and expenses (excluding depreciation and amortization). We believe that EBITDA is a meaningful measure of our performance. It is commonly used to analyze and compare media companies based on operating performance, leverage and liquidity. Nonetheless, EBITDA is not a measure of net income or cash flow from operations and should not be considered as an alternative to net income, an indication of our financial performance, an alternative to cash flow from operating activities or a measure of liquidity. Other companies may compute EBITDA in a different manner; therefore, EBITDA as reported by other companies may not be comparable to EBITDA as we report it.