Umm Al Qura For Development And Construction Company · TADAWUL:4325
Umm Al Qura For Development And Construction — H1 2025 Earnings Presentation
26 slides from Umm Al Qura For Development And Construction's earnings presentation, 2025
Slide 1: Umm Al Qura for Development and Construction Company H1 2025 Earnings Presentation
Umm Al Qura for Development and Construction Company H1 2025 Earnings Presentation 1
Slide 2: Disclaimer
Disclaimer By reading this earning release, you recognize and agree to be bound by the following limitations :- This earning release has been prepared for information and background purposes only. It does not constitute or form part of, and should not be construed as, an offer of, a solicitation of
Slide 3: Agenda
Agenda 1 Highlights 2 MASAR 3 Market Opportunity 4 Financial Review 5 Appendix 3
Slide 4: H1 2025 highlights
H1 2025 highlights Revenue Operating Profit 1,171.2 MN 424.7 MN 669.2 MN (Q2 25) 248.9 MN (Q2 25) 53.9 % YOY H1 2024 77.6% YOY H1 2024 16.1% YOY Q2 2024 14.3% YOY Q2 2024 Net Profit 52 Cumulative 396.3 MN number of plot 236.7 MN (Q2 25) 106.3% YOY H1 2024 transactions 26.3% YOY Q2 2024 executed Sour
Slide 5: Agenda
Agenda 1 Highlights 2 MASAR 3 Market Opportunity 4 Financial Review 5 Appendix 5
Slide 6: MASAR
MASAR Strategic location leading to the Holy Mosque with massive catchment opportunities from the peripheral areas of the city 1.25 Mn sqm 550 Meters 641K 204 Distance to west of Holy Investment plots Site area Investment plot area Mosque Direct access main road Parallel to Prince Mohammad Strategic
Slide 7: MASAR Destination
Umm Al Qura has positioned MASAR as a premier investment platform in Makkah Vision To create a world class destination in the spiritual heart of Saudi Arabia and the Muslim world, offering unparalleled experiences whilst preserving the spiritual nature and authentic culture of Makkah Strategy Umm Al
Slide 8: Agenda
Agenda 1 Highlights 2 MASAR 3 Market opportunity 4 Financial Review 5 Appendix 8
Slide 9: Development of a holistic destination with an unparalleled breadth of offerings
Development of a holistic destination with an unparalleled breadth of offerings consisting of synergistic components Hospitality Serviced apartments Residential Retail Healthcare / other 3 2 1 Zone 3 Zone 2 Zone 1 Serviced Revenue Model Apartment Hospitality Residential Retail Other Land Lease Land
Slide 10: Tourism is a key focus of Vision 2030
Tourism is a key focus of Vision 2030 Makkah is at the heart of the tourism transformation with the Pilgrim Experience and Quality of Life programs promoting investment in infrastructure KSA Tourism Aspirations Raise the contribution of the tourism Provide one million additional job Attracting visit
Slide 11: Makkah stands to gain significantly from KSA's transformation
Makkah stands to gain significantly from KSA’s transformation KSA Provincial Overnight Visitors by Destination Makkah Number of Visitors Tourist Spending in KSA by Segment ( Billions) (Millions; 2024) Inbound Visitor Spend Domestic Visitor Spend Total 41.0 41.9 42.8 Domestic Tourists Inbound Tourist
Slide 12: Makkah hospitality offering is poised for growth and upgrade
Makkah hospitality offering is poised for growth and upgrade Demand-Supply Analysis Average Length of Stay (Number of Nights) Brand Penetration (no of keys) – 2024 15.6k 13.9k 14.2k Inbound Domestic 12.4k Quality 9.9k Serviced 20% 80% 8.6k Apartments 19.0 17.7 17.8 3-Stars 9% 14% 76% 14.9 14.2 11.9
Slide 13: The residential market in Makkah benefits from favorable demographics and behavioral trends
The residential market in Makkah benefits from favorable demographics and behavioral trends MASAR is strategically situated in central Makkah, providing diverse residential options while also addressing the demand for affordable housing in the eastern section of the master plan, thereby enhancing it
Slide 14: Makkah's retail landscape is transforming driven by growth and concept innovation
Makkah’s retail landscape is transforming driven by growth and concept innovation Existing Supply – organized retail Demand – supply analysis 390.2K sqm Makkah Mall 37.5k Total GLA 215 237 Residential and Visitor malls JO (Makkah Gate) 35.8k 124 65 102 87 Abraj al Bait 30.0k 898 Abraj Al Safwa 28.0k
Slide 15: Agenda
Agenda 1 Highlights 2 MASAR 3 Market Opportunity 4 Financial Review 5 Appendix 15
Slide 16: Strong top line YOY revenue growth and margin expansion
Strong top line YOY revenue growth and margin expansion Financial Performance ( Mn) Revenue ( millions) Net profit and margin ( millions) 1,824 35% 34% 32% 499 33% 25% 396 1,171 27% 317 988 761 237 669 192 187 576 2023 2024 H124A H125A Q2 2024 Q2 2025 2023 2024 H124A H125A Q2 2024 Q2 2025 Revenue Ne
Slide 17: Operating margin increased despite an increase in G&A
Operating margin increased by despite an increase in G&A Financial Performance ( Mn) Operating profit and margin ( millions) Operating expenses breakdown ( millions) 558 345 41% 4 38% 37% 36% 281 425 2 405 31% 31% 167 249 1 239 218 198 109 3 86 64 49 219 120 2 80 84 60 46 40 74 22 6- 13 - - - - 2023
Slide 18: Unlocking growth through strategic financing
Unlocking growth through strategic financing. Total debt at 30 Jun 2025 ( Mn) Debt repayment profile at 30 Jun 2025 ( Mn) 9,224 3,418 3,478 8,884 8,634 1,281 1,046 Dec23A Mar25A Jun25A Due in next 2 years 3-5 years 6-7 years After 7 years • During Q2 2025, Umm Al Qura drew down a further 340m from i
Slide 19: Healthy financial position enabling a resilient business model
Healthy financial position enabling a resilient business model Assets ( Mn) Total Assets Investment properties Cash and cash equivalents 198.6m decrease in cash 26,397 20,902 primarily driven payment of 25,909 539 506 capital expenses accrued in previous periods 20,749 307 23,213 20,693 Investment p
Slide 20: Umm Al Qura: An attractive investment anchored by a low-risk and resilient business model
Umm Al Qura: An attractive investment anchored by a low-risk and resilient business model leveraging the unique Makkah market » MASAR Destination is poised to be Makkah’s gateway location addressing Makkah’s mobility and infrastructure challenges » Holistic and unparalleled breadth of offerings with
Slide 21: Thank You
Thank You 21
Slide 22: Agenda
Agenda 1 Highlights 2 MASAR 3 Market Opportunity 4 Financial Review 5 Appendix 22
Slide 23: Appendices
Appendices 23 23
Slide 24: Income Statement
Income Statement Income Statement ( Q2-2025 Q2-2024 y-o-y % change H1 25 H1 24 y-o-y % change million) Revenue 669.2 576.3 16.1% 1,171.2 760.7 53.9% Cost of revenue (345.9) (322.5) 7.2% (616.4) (434.5) 41.9% Gross profit 323.3 253.8 27.4% 554.7 326.3 70.0% Gross profit margin 48.3% 44.0% 10% 47.4% 4
Slide 25: Balance Sheet (1/2)
Balance Sheet (1/2) Balance sheet ( million) June 2025 March 2025 change % Investment properties 20,901.9 20,749.1 0.7% Development properties 212.7 206.6 3.0% Property and equipment 583.6 565.8 3.1% Trade receivables 1,165.0 1,118.9 4.1% Right-of-use assets 9.7 10.3 (5.3%) Intangible assets 7.2 7.9
Slide 26: Balance Sheet (2/2)
Balance Sheet (2/2) Balance sheet ( million) June 2025 March 2025 change % Loans 8,637.0 8,547.8 1.0% Lease liabilities 6.8 6.7 1.5% Employees’ benefits 23.7 24.3 (2.6%) Retention payables 153.2 149.5 2.5% Non-current liabilities 8,820.7 8,728.3 1.1% Loans 586.6 336.6 74.3% Lease liabilities 2.6 2.6
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