3q21 earnings presentation - api.mziq.com
Post on 27-Mar-2022
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h
3Q21Earnings presentation
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Disclaimer
This is a brief presentation of the main highlights of the quarterly information of Hospital Mater Dei SA (“Mater Dei” or “Company”) for the three-month& nine-month period ended on September 30, 2021 (“Financial Statements”).
This presentation has been summarized and is not intended to be complete. The Company's shareholders and potential investors must always read thispresentation together with the Quarterly Information.
This presentation was prepared for informational purposes only and should not be taken as a request for an offer to buy or sell any securities and shouldnot be treated as an investment recommendation.
No statement, express or otherwise, is made regarding the accuracy, certainty or comprehensiveness of the information contained in this presentation.The Company's past performance is not an indicative of future results. This presentation should not be used as the basis for any agreement or contract.
Information regarding the Mater Dei Hospital, its activities, economic and financial position and the risks inherent to its activities, as well as its financialstatements, can be found on the world wide web, on the Mater Dei website (https://ri.materdei.com.br/en)
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CEO comments
Corporate Education
Mater Dei Salvador
• Inauguration on the 1st semester of 2022
Porto Dias Group
• Closing of the Porto Dias Group
A3Data
Purchase of 50,1% of A3Data• Data analytics and artificial intelligence• Application in new compensation models
• Launch of the postgraduate course in Sports Medicine;
• Launch of the Robotics course.
Ratings
AA+.br
(Company and 1st
Debenture’s Issuance)
AA(br)
(Company)
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2.562.39
2.68
2.39 2.45
3Q20 2Q21 3Q21 9M20 9M21
515646 574 510
615
63.4%74.7%
67.9%59.9%
70.3%
3Q20 2Q21 3Q21 9M20 9M21
# of operational beds % occupancy rate
Operational highlights
Avg. Operational beds and occupancy rate % change in number of patients-day vs. 3Q20
1. Annualized Gross revenue by used bed; 2. Values from September onwards were measured on a weekly basis
Average Ticket – R$ Mm¹ Mater Dei’s COVID-192 patients
10.5%
27.4%
46.1%
19.2%
4Q20 1Q21 2Q21 3Q21
+12%
-26.9 pp
141
196
55
Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21
COVID-19 Patients 1Q21 Average 2Q21 Average 3Q21 Average
5
195269 240
510
736
3Q20 2Q21 3Q21 9M20 9M21
Revenue
Net Revenue – R$ Mn
+ 23.1%
+ 44.5%
- 10.6%
6
113150 156
57.8% 55.8%64.9%
3Q20 2Q21 3Q21
Costs and Expenses
Cost of services provided – R$ Mn
Net operating expenses – R$ Mn
% net revenue
% netrevenue
7.2 pp
9.1 pp
327444
64.3%60.3%
9M20 9M21
- 3.9 pp
2635
24
13.5% 13.1%
10.2%
3Q20 2Q21 3Q21
85 95
16.6%
12.9%
9M20 9M21
- 3.7 pp- 3.4 pp
- 2,9 pp
Employees per operational bed
5.6 5.66.2
3Q20 2Q21 3Q21
+10%
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EBITDA
6693 69
126
224
33.7% 34.6%28.8%
24.8%30.5%
3Q20 2Q21 3Q21 9M20 9M21
- 5.0 pp
- 5.8 pp+ 5.7 pp
% EBITDAmargin
- 25.6%
+ 5,0%
+ 77.2%
EBITDA and EBITDA Margin – R$ Mn
8
3753
4459
123
18.8% 19.8% 18.2%
11.5%
16.8%
3Q20 2Q21 3Q21 9M20 9M21
Net Income and Cash Flow
Cash Flow – R$ MnNet Income – R$ Mn
% netmargin
1. Cash, cash equivalents and financial investments
- 0.6 pp
- 1.6 pp
+ 5.3 pp
Cash and Cash Equivalents Financial Investments
872 866
513
83 (109)
(25) 20
488
1,384 1,353
Cash and Cashequivalents¹
Jun/21
Operational Investimento (w/oyields)
Funding Sources Investimentsyields
Cash and Cashequivalents¹
Sep/21
- 18.0%
+ 19.0%
+ 110.7%
9
6631 44
117
26%
12%17%
45%
Less than 1 year 2 to 3 years 4 to 5 years Over 5 years
Debt - R$ Million % of total debt
Debt and leverage
Net Debt / EBITDA
Debt amortization schedule - R$ Mn
Average amortization term = 5.6 years
220 281 258282
1,384 1,353
3Q20 2Q21 3Q21
Gross Debt Cash and Cash Equivalents¹
1. Cash, cash equivalents and investments
(0.2)(4.3) (4.3)
Net Debt/ EBITDA (LTM)
In November: 1st debenture issue totaled R$ 700 million and rate interest of CDI + 1.60%
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Investor Relations –Next Events
Date Event
November 25th Safra - 7th Safra Healthcare Conference
November 29th Itaú BBA - Hospital’s Day
December 02th JPM - Brazil Opportunities Conference 2021
Website: ri.materdei.com.br/en/E-mail: ri@materdei.com.br
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