Alef Education Holding Plc · ADX:ALEFEDT
Alef Education — FY2024 Earnings Presentation
22 slides from Alef Education's earnings presentation, February 2025
Slide 1: FY 2024 Earnings Presentation
FY 2024 Earnings Presentation This is a PUBLIC Classified Document
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes forward-looking statements. The forward-looking statements contained in this presentation speak only as of the date of this presentation. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond
Slide 3: What Sets Alef Education Apart?
What Sets Alef Education Apart? Strong Revenue Visibility, Profitability and Cash Flow Generation Leveraging Long-Term Strategic Contract, highly attractive dividend yield 1 Established to realized the UAE’s ambition to enable the future generation with high quality technology driven educational exp
Slide 4: Alef Education | Award winning EdTech player redefining K-12 education
Alef Education | Award winning EdTech player redefining K-12 education A Connected Learning Ecosystem Bringing Quality Education To A Wider Audience International reach with operations Proprietary education technology platform in Indonesia & Morocco laying established in 2016 catering to all key sta
Slide 5: Track Record of Scale and Innovation
Track Record of Scale and Innovation Building Solid Embarking on Foundation Rapid Growth Phase New Expansion Phase 2016/17 2018 2019 2020 2021 2022 2023 2024 Establishment of Launch Signing of long- Featured in list of Expansion into Launch of Arabits Launch of Alef Alef successfully listed on Alef
Slide 6: Executive Summary
Executive Summary FY2024 Earnings Presentation 6 6 This is a PUBLIC Classified Document
Slide 7: Executive Summary
Executive Summary Highlights & KPIs Financial Performance Financial • Revenue for FY 202 4 r eached AED 75 9.0 m illion, u p from AED 74 9.5 m illion in FY 2 023, demon strating the con sistency and relia bility of ou r r eve nue strea ms AED • EBITDA re cor ded AED 51 2.2 m illion, u p from AED 48
Slide 8: Business Updates
Business Updates FY2024 Earnings Presentation 8 8 This is a PUBLIC Classified Document
Slide 9: Growth Pillars Across Segments
Growth Pillars Across Segments 1 Super-serve the UAE 2 High Impact B2G B2G High Impact 3 Among B2B World Leaders Growth Pillars Across Segments AED 3.0 BN B2G - AED 22.0 BN B2B - AED 25.0 BN Total Addressable Total Addressable Total Addressable Market in Focus Market in Focus Market Geographies Geog
Slide 10: Super-serve the UAE
Super-serve the UAE Northern Emirates ADEK ➢ 10-year revenue visibility, with contract validity extended to 2033 Abu Dhabi Department of ➢ 100% coverage of G5-12 public schools 334 Schools Education & Knowledge in the UAE ➢ Potential for growth includes expanding offerings to encompass the Early Chi
Slide 11: High Impact B2G Expansion
High Impact B2G International B2G – 2025 Pipeline Potential Expansions • Official Proposal Submitted at the Request of Senegal the Senegalese President, Backed by AED 202M TCV Value (16 deals) Committed Funding • Rolled Out an Agreed an Arabic Language Morocco Enrichment Program Benefiting 50,000 St
Slide 12: High Impact B2G – Miqyas Al Dhad Driving B2G Expansion
High Impact B2G – Miqyas Al Dhad Driving B2G Expansion Creating and monetising the first universal Arabic language measurement scale Project Progress Strategic Rationale Key Progress • Build a profitable new business • Appointed the Project’s General 1 line for Alef Education Manager • 77% completio
Slide 13: B2B Segment Expansion
B2B Segment B2B Segment – 2025 Pipeline New markets expansion: Schools • Secured first contract in KSA +70 converting to KSA • Successful event, hosting teachers from more than 60 schools Paid Model • Defined localized product requirements Expansion Number of schools Egypt • Successful Educators' Ev
Slide 14: Product Portfolio
Product Portfolio FY2024 Earnings Presentation 14 14 This is a PUBLIC Classified Document
Slide 15: Alef Product Portfolio
Alef Product Portfolio Current Product Portfolio New Modules Delivered in 2024 G3-12 Courseware Assessment Products Platform | Core UAE MoE Math Pathways Math Ability Test Grades 9-11 | English Math Pathways English Reading Grades Foundation - 8 | Arabic Level Test Platform in Bahasa | English & Ara
Slide 16: Financial Performance
Financial Performance FY2024 Earnings Presentation 16 16 This is a PUBLIC Classified Document
Slide 17: Revenue and Expenses
Revenue and Expenses Revenue Expense (AED Million) (AED Million) 749.5 759.0 92.6 99.3 294.6 280.0 656.9 659.7 60.1 63.6 67.9 69.1 166.6 147.4 FY 2023 FY 2024 FY 2023 FY 2024 Education Solutions Support & Services Education Solutions Support & Services Corporate Overheads Total • All revenue segment
Slide 18: EBITDA and Profit before Tax
EBITDA and Profit before Tax EBITDA* Profit before Tax* (AED Million) (AED Million) 488.9 512.2 491.7 463.6 24.7 30.3 24.7 30.3 521.1 543.8 490.3 512.3 -56.8 -61.9 -51.4 -50.9 FY 2023 FY 2024 FY 2023 FY 2024 Education Solutions Support & Services Corporate Overheads Education Solutions Support & Ser
Slide 19: CapEx, Total Assets, and Liabilities (YE 2024)
CapEx, Total Assets, and Liabilities (YE 2024) CAPEX Total Assets & Liabilities (AED Million) (AED Million) 922.7 125.5 621.8 37.0 164.4 107.4 FY 2023 FY 2024 FY 2023 FY 2024 Total Assets Total Liabilities Capital Investments witnessed an increase in FY24, reaching AED 125.5 million, • The total ass
Slide 20: Shareholder Information
Shareholder Information FY2024 Earnings Presentation 20 20 This is a PUBLIC Classified Document
Slide 21: Alef’s Stock (ALEFEDT) | Snapshot
Alef’s Stock (ALEFEDT) | Snapshot Commentary Alef’s Dividend Guarantee | Yield vs. Shareholders Structure 3-months EIBOR • Alef Education guarantees a minimum annual dividend 1.4 8.7% 10% of AED 135 million to Free Float shareholders for each 8.3% 8.0% 7.4% 7.7% of FY24 and FY25, equivalent to appro
Slide 22: Thank You
Thank You FY2024 Earnings Presentation 22 22 This is a PUBLIC Classified Document
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