#Mexico #Mexico City #Total Play Telecom #Mexico Telecom #Q3 2025 Results

Total Play's Q3 2025 Financial Overview

Total Play Telecomunicaciones, S.A.P.I. de C.V., one of Mexico's prominent telecommunications providers, has declared its financial performance results for the third quarter of 2025. The data revealed substantial revenue along with improved cash flow metrics, reflecting the company's adept operational strategies.

In the third quarter, the company's total revenue reached Ps.11,301 million, marking a 2% increase from Ps.11,117 million in the same period last year. Total costs rose to Ps.6,202 million, up from Ps.5,727 million, ultimately resulting in an EBITDA of Ps.5,099 million, slightly decreased from Ps.5,390 million year-over-year. Although the EBITDA margin dipped to 45%, the latest cash generation metrics have showcased positive outcomes.

Notting Key Metrics

• - Gross Profit: The gross profit saw a notable growth of 6%, amounting to Ps.9,710 million with a gross margin increase to 86%.
• - Solid Cash Generation: Cash generation, defined as EBITDA less capital expenditures and interest, escalated to Ps.1,020 million, marking the highest since the company issued public debt. This growth is attributed to strict financial discipline and effective use of their extensive fiber optic network.
• - Debt Management: Total cash and restricted cash also experienced a solid 19% growth, consolidating to Ps.6,981 million. Moreover, with the intent to optimize their financial structure, Total Play diminished short-term debts by 18%, lowering it to Ps.5,030 million.

Eduardo Kuri, the CEO of Total Play, noted, "Our ability to augment cash generation is a testament to our vigilant financial strategies. Enhancing subscriber numbers without making extensive investments in geographic coverage has fortified our financial standings."

Subscriber Developments

The residential segment was a key focus, contributing Ps.9,827 million to revenues, an increase from Ps.9,544 million in the previous year. This growth was fueled by a 5% rise in subscribers, now totaling 5,390,760, which includes 67,611 small and medium-sized businesses. The company's enhanced internet technology and entertainment services evidently played a crucial role in attracting new consumers.

Conversely, the enterprise segment witnessed a revenue decline, decreasing to Ps.1,474 million from Ps.1,573 million, largely due to the conclusion of scheduled projects.

Strategic Vision and Plans

In terms of future strategies, Total Play is focused on improving its service offerings while ensuring that operational expenses are kept in check. The company has been mindful about avoiding extensive geographic expansion, which has concurrently bolstered its cash flow generation capabilities. The penetration rate of Total Play's services among homes is currently 30.6%, which is a considerable rise from 29.1% compared to last year.

As they advance, Total Play's commitment to innovation and superior service quality remains unwavering. With the substantial growth in subscribers and strong user demand for robust internet services, the company is well-positioned for further successes in the evolving telecommunications landscape.

Total Play's ongoing strategy will emphasize enhancing user experience and maintaining rigorous operational efficiency. Investors and stakeholders will be keenly watching how the company navigates through the remaining quarters of 2025, especially given the competitive dynamics within Mexico's telecommunications sector.

Conclusion

Total Play's financial report for Q3 2025 underscores resilience and growth amid challenges. The focus on effective cash flow generation and subscriber acquisition places the company on a strong trajectory. Continued innovation and service improvement will be paramount as they strive to deepen their market penetration and solidify their leadership in the telecommunications industry. Investors will undoubtedly keep a close eye on Total Play as it embarks on its journey ahead.