National Co. For Learning & Education · TADAWUL:4291
National Co. For Learning & Education — National Company for Learning and Education — Q3 2020 Earnings Presentation
14 slides from National Co. For Learning & Education's earnings presentation, May 31, 2020
Slide 1: Investors Conference Call Q3 2020 Financial Results
INVESTORS CONFERENCE CALL Q3 2020 Financial Results 9 Months Ended in May 31 2020
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 (the “Company”). The Company is not liable or responsible of accuracy of referenced information from ex
Slide 3: NCLE Overview
NCLE OVERVIEW
Slide 4: NCLE celebrates 62 years since its founding to maintain its vision
NCLE CELEBRATES 62 YEARS SINCE ITS FOUNDING TO MAINTAIN ITS VISION 62 Years K-12 14,323 3rd National & International Ranking in Market Share of excellent education Enrolled Students Curriculum in Riyadh 9 Campuses 24,000 207.34 Million 50.39 Million 7 In-operation Student Capacity with FY 2019 Reven
Slide 5: NCLE aims to be a leading education company through expansions
NCLE AIM TO BE A LEADING EDUCATION COMPANY THROUGH EXPANSIONS TNS – Al-Rayyan TNS – Al-Rawabi TNS – Al-Nuzha TNS – Qourtuba TNS – Buridah Al-Khawarzmi Al-Ghad TNS – Qairawan TNS – Tilal Al-Doha 2020 2021 Establishment 1958 2009 2013 2017 2019 2010 1990 Under Under Construction Construction Location
Slide 6: Maintain its performance with net profit grew by 4% in 2019
NCLE MAINTAIN ITS PERFORMANCE WITH NET PROFIT GREW BY 4% IN 2019 Financial Performance (million SR) Revenue Breakdown (2019) 208 215 204 199 198 1% 1% 164 97 101 88 82 87 69 64 67 67 51 49 50 98% 2014 2015 2016 2017 2018 2019 Revenues Gross Profit Net Profit Tuition Fees Transportation Fee Gym Reven
Slide 7: Growth Drivers and Challenges
GROWTH DRIVERS AND CHALLENGES
Slide 8: Despite economic challenges, NCLE is committed to continue growing
DESPITE ECONOMIC CHALLENGES, NCLE IS COMMITTED TO CONTINUE GROWING CHALENGES NON-SAUDI EMPLOMENT COSTS INCREASE HRDF SUBSIDY DECREASE DRIVERS POPULATION GROWTH WILL ADD 2 MILLION MOE HAS SET KPIS ON PRIVATE SECTOR TO STUDENTS IN 10 YEARS1 ACHIEVE PENETRATION OF 25% BY 20301 75% 60% 40% 35% 16% UAE Q
Slide 9: 2020 Growth Outlook
NCLE 2020 GROWTH OUTLOOK Expansions Offering • Continue to explore investment • Open new grades in Buraydah opportunities Campus • Open Al Qairawan Campus • Launch international curriculum in Al-Nuzha and Al-Rayyan
Slide 10: Q3 2020 Financial Results
Q3 2020 FINANCIAL RESULTS
Slide 11: Q3 recorded a 13% increase in revenues and -9.9% decline in net profit
Q3 RECORDED A 13% INCREASE IN REVENUES AND -9.9% DECLINE IN NET PROFIT Revenues (million SAR) Government Grants & Subsidies (million SAR) 54.35 55.73 Gov. Grants & Subsidies 49.38 Revenues increased by 13% 1.98 2.13 decreased by -25% compared with Q3-2019 1.48 compared with Q3-2019 and and 3% compar
Slide 12: 9 months ended 31 May 2020 financial
9 MONTHS ENDED IN 31 MAY 2020 FINANCIAL 1% Revenue By Campus Gross Margin by Campus 1% 5% 58% 3% 49% 50% 30% 40% 42% 42% 39% 26% 27% 30% 9% N/A 1% N/A N/A 34% Al Rayyan Al Rawabi Al Nuzha Qurtuba Buraydah Alkhowrizmi AlGhad Al Rayyan Al Rawabi Al Nuzha Qurtuba Q3 2019 Q3 2020 Buraydah AlKhowrizmi Al
Slide 13: Recent announced updates on IPO proceeds
RECENT ANNOUNCED UPDATES ON IPO PROCEEDS • SAR 247 mn was raised through a capital increase on November 2018 for the purpose of executing and operating the following projects: ORIGINAL PLAN o Qassim project: SAR 59.6 mn DISCLOSED ON o Telal Doha (Dharhan): SAR 52 mn PROSPECTUS o Qasr 1 (Khobar): SAR
Slide 14: Thank You
THANK YOU (Q&A) For more information, please contact us on: investor.relations@edu.com.sa
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