Liberty Latin America Ltd (OTCPK:LILAB)
$ 7.25 (0%) Market Cap: 1.50 Bil Enterprise Value: 9.71 Bil PE Ratio: 0 PB Ratio: 2.72 GF Score: 66/100

Q4 2024 Liberty Latin America Ltd Earnings Call Transcript

Feb 20, 2025 / 01:30 PM GMT
Release Date Price: $5.55

Key Points

Positve
  • Liberty Latin America Ltd (LILA) added nearly 100,000 subscribers in 2024, with broadband and postpaid performance particularly strong.
  • The company reported adjusted OIBDA of $1.6 billion, driven by strong growth in the Caribbean and Costa Rica, and double-digit growth in Panama.
  • 97% of LILA's fixed footprint is now gigabit ready, exceeding their previous target.
  • LILA successfully refinanced $3.3 billion of debt, with over 75% maturing in 2032 and beyond, aligning with their long-term capital structure strategy.
  • The company achieved 25% digital sales across the group, exceeding their goal for the year, with a target to approach 30% in 2025.
Negative
  • Hurricane Beryl negatively impacted broadband subscriber additions in Jamaica, resulting in losses during Q3 and Q4.
  • Liberty Puerto Rico faced a challenging year with a 13% revenue decline year over year, primarily due to subscriber reductions and billing issues.
  • The company experienced increased bad debt charges in Puerto Rico, partly due to higher default rates on equipment installment receivables.
  • Liberty Networks reported a 2% revenue decline due to lower wholesale network revenue and the impact of non-cash IRU declines.
  • The integration of EcoStar in Puerto Rico faced challenges with handset interoperability, requiring budgeted migration of handsets.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LILA.OQ - Liberty Latin America Ltd
Q4 2024 Liberty Latin America Ltd Earnings Call
Feb 20, 2025 / 01:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, ladies and gentlemen, and thank you for standing by. Today's call is being recorded. I'll now turn the call over to Assad Nabi, BPIT business partner, Liberty Latin America.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good morning and welcome to Liberty Latin America's full year 2024 investor call.

At this time, all participants are in listen-only mode.

Today's formal presentation materials can be found under the investor relations section of Liberty Latin America's website at www.lila.com.

Following today's formal
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot