Slide 1: FY2024 Earnings Call
FY2024 Earnings Call 6 February 2025
Slide 2: Disclaimer
This presentation has been prepared by MEEZA QSTP LLC (Public) (the Company) for informational purposes only. Neither this presentation, nor any part of it, may be relied on in connection with, or act as an inducement to, or otherwise as the basis for entering into any contract or commitment whatsoe
Slide 3: Overview
01 Overview Mohamed Alghaithani Chief Executive Officer MZA Earnings Presentation 4 February 2025 3
Slide 4: Operational Highlights
Operational Highlights Expanding data center capacity and improving profitability Growth Drivers Financial Results Operational Indicators Announced 4MW expansion of M- Recurring revenues (excl. Future committed contract value Vault 4 data center in QSTP Solutions) increased 7.3% to reach increased t
Slide 5: Financial Results
02 Financial Results James Corby Chief Financial Officer MZA Earnings Presentation 4 February 2025 5
Slide 6: FY2024 Financial Performance
FY2024 Financial Performance FY24 v FY23 | QR m Revenue Expenses* EBITDA Net Profit -11.5% 16.2% -0.2% 0.4% 422.9 8.2 16.8 374.2 7.3 15.4 134.8 64.9 299.4 14.4 44.4 251.0 15.3 46.0 126.2 112.8 123.5 123.2 255.0 205.0 135.1 146.0 60.2 60.4 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 MSI Solutions Managed
Slide 7: Revenue & Gross Margin Trend
FY2024 Financial Performance Revenue & Gross Margin Trend | QR m Revenue Gross Margin MSI -11.5% Cloud 450 +4.5pp 422.9 Solutions 8.2 400 16.8 Workplace 374.2 352.9 7.3 Managed 15.4 350 328.4 14.9 Data Centre 11.4 134.8 15.3 64.9 300 284.8 8.2 78.4 14.4 0.1 20.8 81.6 15.2 250 40.6 16.9 30.2% 31.6% 2
Slide 8: FY24 v FY23 Gross Margin Analysis
FY2024 Financial Performance FY24 v FY23 Gross Margin Analysis | QR m Gross Margin Data Centre Managed, Cloud & Workplace Solution & MSI 31.6% 40150 140150 150 140 150 150 27.1% 120 120 118.3 0 100 100 100 114.7 10.5 80 80 25.9 -20 100 100 40.5% 60 100 60100 50 33.3% 31.8% 31.2% 18.1% 14.5% -40 40 4
Slide 9: Margins Trends
FY2024 Financial Performance Margins Trends EBITDA Margin Net Profit Margin 39.0 35.4% 35.1% 32.0% 32.9% 16.1% 14.8% 14.2% 32.5 29.2% 13.4% 34.2% 32.9% 12.2% 13.0 26.0 29.0% 29.1% 26.5% 0.0 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 EBITDA margin EBITDA margin (excl. NaaS) • EBITDA margin exc
Slide 10: Quarterly Revenue & Net Profit Trend
FY2024 Financial Performance Quarterly Revenue & Net Profit Trend | QR m Revenue Net Profit 43.4% 52.2% 111.7 114.8 3.9 1.7 1.8 5.4 95.2 3.9 1.9 34.8 84.2 36.9 1.8 80.1 4.0 18.6 2.0 7.4 3.6 4.0 3.3 2.6 3.7 3.8 3.7 30.2 33.2 30.2 31.5 31.1 18.2 18.4 34.7 37.0 35.5 35.6 37.9 14.2 11.7 12.1 FY23 Q4 FY2
Slide 11: Capital Expenditure
FY2024 Financial Performance Capital Expenditure | QR m CAPEX Return of Capital Employed (ROCE)* 400 80 63% 70 8.5 8% 8% 350 55% 60 8.0 300 50 7.5 250 40 7% 208.2 7.0 15% 30 200 6.5 157.7 20 150 3% 5% 6% 10 6.0 100 0 5.5 5% 53.8 -10 50 18.8 -20 5.0 14.4 0 -30 4.5 FY20 FY21 FY22 FY23 FY24 FY20 FY21 F
Slide 12: Cash Flow from Operations
FY2024 Financial Performance Cash Flow from Operations | QR m Cash generated from Operations* (Net Debt) / Net Cash 220 220 200 200 180 180 +37% 160 160 140 140 +24% 120 120 100 100 205.7 80 80 157.2 60 111.9 60 115.0 95.9 90.1 90.3 90.6 87.3 40 40 55.0 20 20 0 0 FY20 FY21 FY22 FY23 FY24 FY20 FY21 F
Slide 13: | MEEZA
6s | MEEZA
Slide 14: Appendix
Appendix 6s | MEEZA
Slide 15: Statutory Results | Consolidated Statement of Income
FY2024 Financial Performance FY2024 Statutory Results | Consolidated Statement of Income MZA Earnings Presentation 4 February 2025 15
Slide 16: Thank You
Thank You Threads an instagram app logo shirt X Social Media White Square icon PNG and SVG Vector Free Download QSTP Free Zone Zone 51, Street 2322, Building 115, Unit 204 Tel: +974 4004 0000 Email: info@meeza.net PO Box 892 Fax: +974 4004 0004 Website: meeza.net Doha - Qatar