Ataa Educational Company · TADAWUL:4292
Ataa Educational — Investor Presentation (July 2021)
18 slides from Ataa Educational's investor presentation, Jul 31, 2021
Slide 1: Ataa Educational Company Investor Presentation
1 Atta Educational Company Investor Presentation 31July 2021
Slide 2: Introduction to Ataa Educational Company
2 Introduction to Ataa Educational Company (“Ataa”) Ataa snapshot ( 2021) ( 2020) ( 2021) ( 2020) 280M SAR 336M SAR 37M SAR 76M SAR Revenues Revenues Net Income Net Income (17%) Decline (51%) Decline 110M SAR 143M SAR 39,3% 42,6% EBITDAR EBITDAR EBITDAR Margin (23%) Decline (3.3%) Decline 27,226 27,
Slide 3: Key Financial Summary
3 Key Financial Summary
Slide 4: Robust financial performance despite economic headwinds
4 Robust financial performance despite economic headwinds Number of students Thousands Revenues SARm 10.4x 10.8x 12.3x 12.4 x 13.4x 26.7 26.3 26.8 27.3 27.2 0.7 0.8 0.7 0.7 0.6 7.0 7.2 7.4 7.1 7.0 5.5 338.3 325.2 320.6 336.4 5.7 5.4 5.1 6.9 280.0 13.3 13.0 13.6 14.1 12.7 FY17 FY18 FY19 FY20 FY21 FY1
Slide 5: Strong margins to drive cash generation with significant headroom to grow
5 Strong margins to drive cash generation with significant headroom to grow Strong sustainable margins… …driving cash generating profile… % % 50% 100% 95% 43% 43%42% 38% 86% 41% 41% 39% 78% 40% 35% 80% 70% 68% 32% 32% 30% 25% 25% 26% 60% 23% 20% 40% 13% 10% 20% 0% 0% FY17 FY18 FY19 FY20 FY21 FY18 FY
Slide 6: Revenue Break-Down Segment Reporting
6 Revenue Break-Down Revenue by School Segment Reporting Var (YTD SR in 000s FY20 % FY21 % 20-21) National 197,556 59% 135,865 48% (31.2%) International 85,205 25% 91,925 33% 7.9% Indian 44,522 13% 44,833 16% 0.7% French 9,093 3% 7,379 3% (18.8%) Total net revenue 336,376 280,002 (16.8%) National In
Slide 7: Revenue Break-Down
7 Revenue Break-Down Revenue by School Revenue by Type Var (YTD 20- SR in 000s FY20 % FY21 % 21) Rowad Al-Izdihar 73,465 22% 48,793 16% (33.6%) Rowad Al-Rowabi 36,585 11% 22,637 8% (38.1%) Rowad Al-Mansoura 22,508 7% 14,627 5% (35.0%) Rowad Ishbilia 36,591 11% 22,756 8% (37.8%) Rowad Al-Andalus 13,1
Slide 8: Ataa school portfolio: national curriculum
Ataa school portfolio 8 Overview of national curriculum portfolio Rowad Al- Rowad Al- Al-Awsat Rowad Al- Rowad Rowad Al- Nokhba Al- Izdihar Rawabi Schools Mansoura Ishbilia Andalus Kharj Al-Fikr Curriculum Area (sqm) 60,600 15,000 14,225 18,562 12,100 11,046 9,600 9,600 Ownership Owned / leased Owne
Slide 9: Ataa school portfolio: international curriculum
Ataa school portfolio 9 Overview of international curriculum portfolio Al-Elm Rowad Al-Oruba Middle East Sulaimaniya New Middle Modern International Ishbilia Int’l2 International Int' Int’l East Middle East School Curriculum Area (sqm) 9,240 19,485 4,558 2,641 7,981 14,000 14,000 Ownership Owned Lea
Slide 10: Segment Reporting
Ataa school portfolio 10 Segment Reporting SR in 000s Ataa Al-Elm Al-Awsat Total Number of students 24,653 1,307 1,266 27,226 % 90.5% 4.8% 4.6% Revenues 260,976 19,067 8,599 288,642 % 90.4% 6.6% 3.0% EBITDA 100,773 3,580 831 105,184 % 95.8% 3.4% 0.8%
Slide 11: Highly diversified student base with further room to consolidate
Ataa school portfolio 11 Highly diversified student base with further room to consolidate Stable student base across different grades… Number of students in each grade as of 2021(# students) FY21 FY20 2,347 2,313 2,275 2,250 2,208 2,101 1,875 2,079 2,070 2,015 1,982 1,948 1,763 3,573 2,291 2,228 2,1
Slide 12: Debt Summary and Debt Maturity Profile
12 . DEBT SUMMARY …DEBT MATURITY PROFILE … 60 43 40 35 35 35 32 25 20 - 2022 2023 2024 2025 2026 2027+ Term Loans
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Slide 14: Investment Highlights
14 Investment Highlights Leading K-12 operator with one of the most diversified offering in KSA
Slide 15: Saudi macroeconomic indicators are highly attractive
15 Saudi macroeconomic indicators are highly attractive Largest economy in MENA… …with the largest population in GCC USDbn Million 24.1k 42.6k 3.7k 2.5k 5.5k 14.7K 1.6% 1.2% 5.4% 3.1% 3.7% 3.6% 1,000 40 782.5 35 32.4 800 30 600 25 406.7 20 400 300.5 15 249.1 217.8 9.5 160.7 10 200 4.8 4.2 5 2.7 1.6
Slide 16: Market fundamentals conducive to support growth
16 Market fundamentals conducive to support growth Key area of focus by the Saudi remains behind Strong sector fundamentals + government with KPIs included in Vision 2030 + region in terms of private sector participation Saudi macroeconomic indicators are highly attractive % of students enrolled i
Slide 17: Ataa strategy overview
17 Ataa strategy overview Clear defined strategy to drive growth
Slide 18: Thank you for your time
HOWL COMPRENY Thank you for your time
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