National Co. For Learning & Education · TADAWUL:4291
National Co. For Learning & Education — National Company for Learning and Education — Q1 2023 Earnings Presentation
32 slides from National Co. For Learning & Education's earnings presentation, 2023
Slide 1: Investor Presentation Q1 2023
INVESTOR PRESENTATION Q1 2023 1
Slide 2: Disclaimer
DISCLAIMER Information contained in this document is subject to change without further notice and it may not contain all material information concerning National Company for Learning and Education and its subsidiaries (the Company). The Company is not liable or responsible of accuracy of referenced
Slide 3: NCLE Overview
NCLE Overview 3
Slide 4: NCLE is celebrating its 65th anniversary since its inception in 1958
NCLE is celebrating its 65th anniversary since its inception in 1958 19 58 65 Years 23.1 k * 32.8 k * 2.5 K * Of Excellence in Enrolled Students Optimal Capacity Academic Staff K-12 Education 11 * 5 SAR 1 Billion SAR 51.6 M School complexes under Announced upcoming school Total Assets Dividends oper
Slide 5: Enrolled students grew to 21.6k in Q1 2023 compared to 15.5k in Q1 2022
Enrolled students grew to 21.6 in Q1 2023 compared to 15.5k in Q1 2022 TNS – Al-Rayyan TNS – Al-Rawabi TNS – Al-Nuzha TNS – Qurtubah TNS – Buraidah Al-Khwarizmi Al-Ghad TNS – Al-Qairwan TNS – Al-Aridh TNS – Al-Dhahran Al-Salam Establishment 1980 2009 2013 2017 2019 2010 1990 2020 2021 2022 2015 Loca
Slide 6: Al-Rayyan School Complex highlight
Al-Rayyan School Complex highlight Program contribution 2023 YOY student growth (% from total students) +16% 3,788 3,145 3,263 7% 93% 2021 2022 2023 National MEIA Founded Curriculum Capacity 1980 National 5,250 MEIA (Int’l) 6 6
Slide 7: Al-Rawabi School Complex highlight
Al-Rawabi School Complex highlight Program contribution 2023 YOY student growth (% from total students) 3,736 +11% 3,466 37% 3,374 63% 2021 2022 2023 National International Founded Curriculum Capacity 2009 National 4,375 International 7 7
Slide 8: Al-Nozha School Complex highlight
Al-Nozha School Complex highlight Program contribution 2023 YOY student growth (% from total students) 3,002 +17% 2,411 2,564 12% 88% 2021 2022 2023 National MEIA Founded Curriculum Capacity 2013 National 4,375 MEIA (Int’l) 8 8
Slide 9: Qurtubah School Complex highlight
Qurtubah School Complex highlight Program contribution 2023 YOY student growth (% from total students) 1,050 +46% 723 32% 405 68% 2021 2022 2023 National International Founded Curriculum Capacity 2017 National 1,050 International 9 9
Slide 10: Buraidah School Complex highlight
Buraidah School Complex highlight Program contribution 2023 YOY student growth (% from total students) 1,551 +73% 894 50% 50% 386 2021 2022 2023 National International Founded Curriculum Capacity 2019 National 2,625 International 10 10
Slide 11: Al-Khwarizmi School Complex highlight
Al-Khwarizmi School Complex highlight Program contribution 2023 YOY student growth (% from total students) 1,180 +4% 1,132 1,120 100% 2021 2022 2023 National Founded Curriculum Capacity 2010 National 1,220 11 11
Slide 12: Al-Ghad School Complex highlight
Al-Ghad School Complex highlight Program contribution 2023 YOY student growth (% from total students) 1,594 +6% 1,693 1,408 100% 2021 2022 2023 National Founded Curriculum Capacity 1990 National 2,200 12 12
Slide 13: Al-Qairwan School Complex highlight
Al-Qairwan School Complex highlight Program contribution 2023 YOY student growth (% from total students) 3,205 +39% 2,310 40% 60% 979 2021 2022 2023 National International Founded Curriculum Capacity 2020 National 4,550 International 13 13
Slide 14: Al-Aridh School Complex highlight
Al-Aridh School Complex highlight Program contribution 2023 YOY student growth (% from total students) 2,075 +61% 27% 1,287 73% 2022 2023 National International Founded Curriculum Capacity 2021 National 3,000 International 14 14
Slide 15: Al-Dhahran School Complex highlight
Al-Dhahran School Complex highlight Program contribution 2023 YOY student growth (% from total students) 343 100% 2023 International Founded Curriculum Capacity 2022 International 2,300 15 15
Slide 16: Al-Salam School Complex highlight
Al-Salam School Complex highlight Program contribution 2023 YOY student growth (% from total students) 1,572 +5% 1,500 1,413 100% 2021 2022 2023 National Founded Curriculum Capacity 2015 National 1,950 16 16
Slide 17: Q1 2023 - Financial Outlook
Q1 2023 - Financial Outlook 17
Slide 18: NCLE recorded its highest earning in Q1 2023
NCLE recorded its highest earning in Q1 2023 21.6 k * SAR 105 M Enrolled students Revenue From 15.5k in Q1 2022 Compared to 73.3 M in Q1 2022 SAR 25.9 M 24.6% Net profit Net profit margin Compared to 18.1 M in Q1 2022 Compared to 24.7% in Q1 2022 * The student number is 23.1 k including Al-Salam sch
Slide 19: NCLE maintained healthy financial growth in Q1 2023
NCLE maintained healthy financial growth in Q1 2023 Revenues Gov. grants Cost of revenues Marketing, G&A SAR M SAR M SAR M SAR M 105 63.5 16.9 79.3 2.6 3 15 73.3 47.6 44 10 1 Q1 2022 Q4 2022 Q1 2023 Q1 2022 Q4 2022 Q1 2023 Q1 2022 Q4 2022 Q1 2023 Q1 2022 Q4 2022 Q1 2023 Net profits No. students Marg
Slide 20: Key highlights for Q1 2023
NCLE maintained healthy financial growth in Q1 2023 Key highlights for Q1 2023 • Revenue has increased during this quarter by 43% compared to the same quarter of the previous year which resulted mainly from the increase in the number of students enrolled in the company’s schools by 40% from 15.5 tho
Slide 21: NCLE campuses experienced healthy financial growth
NCLE campuses experienced healthy financial growth Revenue By Campus Gross Margin by Campus 2% 10% 56% 59% 17% 54% 55% 49% 51% 43%45% 44%41% 41% 16% 38% 17% 33% 32% 32% 34% 8% 16% 14% 15% 5% 5% 16% 4% n/a Al-Rayyan Al-Rawabi Al-Nozha Qurtubah Buraidah Al-Khwarizmi Al-Ghad Al-Qairwan Al-Rayyan Al-Raw
Slide 22: NCLE Upcoming Growth
NCLE Upcoming Growth 22
Slide 23: NCLE Upcoming Growth
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Opening of Al-Dhahran campus Al-Salam School acquisition - SPA Al-Qairawan 2 Project NCLE updates Al-Aridh 2 Project Qurtoba 2 Project Hitteen Project Al-Narjis Project 23
Slide 24: Model Education International Academy (MEIA) launch
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Opening of Al-Dhahran campus • MEIA is a 7:30 am to 4:30 pm international school. Al-Salam School acquisition - SPA • Students attend classes, have lunch, do homework, and enjoy various activities. • NCLE launched MEIA in Rayan
Slide 25: Opening of Al-Dhahran campus
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Opening of Al-Dhahran campus • NCLE announces the opening of Educational campus starting from the academic year 2022/2023 Corresponding to 27-08-2022. Al-Salam School acquisition - SPA • The school registered 343 students repre
Slide 26: Al-Salam School acquisition - SPA
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Opening of Al-Dhahran campus Khobar, Eastern Province 1.5 K student 1.9 K students Al-Salam School acquisition - SPA Location Number of students Capacity Al-Qairawan 2 Project 280 staff 10,480 sqm SAR 18,500 Number of company’
Slide 27: Al-Qairawan 2 Project
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Al-Qairawan 2 Project Opening of Al-Dhahran campus • A lease agreement for an educational complex building (boys– girls) on a land area of (9,735 m2) in Al-Qairawan district- Riyadh. Al-Salam School acquisition - SPA • The cont
Slide 28: Al-Arid 2 Project
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Al-Arid 2 Project Opening of Al-Dhahran campus • A lease agreement for an educational complex building (boys– girls) on a land area of (14,833 m2) in Al-Arid district- Riyadh. Al-Salam School acquisition - SPA • The contract du
Slide 29: Qurtaba 2 Project
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Qurtaba 2 Project Opening of Al-Dhahran campus • A land lease contract in Qurtubah district- Riyadh with an area of (13,200 m2) to construct and operate Tarbyh Namouthajiyah schools complex. Al-Salam School acquisition - SPA •
Slide 30: Hetteen Project
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Hetteen Project Opening of Al-Dhahran campus Al-Salam School acquisition - SPA Al-Qairawan 2 Project • A land lease contract in Hetteen district- Riyadh with an area of (12,650 m2) to NCLE updates Al-Aridh 2 Project construct a
Slide 31: Al-Narjis Project
NCLE Upcoming Growth Model Education International Academy (MEIA) launch Al-Narjis Project Opening of Al-Dhahran campus • Lease of land in Al-Narjis district - Riyadh with an area of (9,991 m2) to construct and operate Tarbyh Namouthajiyah schools complex. Al-Salam School acquisition - SPA • The con
Slide 32: Q&A
Q&A For more information, please contact us: investor.relations@edu.com.sa 32
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