Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q4 2025 Earnings Presentation
42 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2026
Slide 1: AWPT Earning and Business Presentation Q4 2025
AWPT Earning and Business Presentation Q4 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Alkhorayef Water & Power Technologies (AWPT) and reflects the management’s current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties. Some of the statements in this presentation constitute
Slide 3: CEO Message - Performance driven
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven Allow me to express our excitement to meet again and share with you AWPT’s performance and achievements in- light of the great water sector opportunities announced recently. At Alkhorayef Water and Power Technologies, w
Slide 4: CEO Message - Performance driven – Continued
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven – Continued On the financial side for year 2025, the company’s revenue grew by 27% compared to the same period last year. Gross profit increased by 20%, reaching SAR 460.90 million with a margin of 18.6%. Net profit sto
Slide 5: AWPT Key Figures
AWPT Key Figures AWPT at a glance KEY FACTS AND FIGURES AWPT is a market leader in the Kingdom's water and wastewater sector, with a long-standing history of successful operations across the country. Established Population served 1985 Over 36 million Ranked 14th global water company by GWI, a high -
Slide 6: AWPT Activities Across Full Value Chain of Water & Wastewater
AWPT Activities Across Full Value Chain of Water & Wastewater DELIVERY MODEL AWPT'S COVERAGE ACROSS MULTIPLE DIMENSIONS 1,124,792 AWPT offering and Construction Desalination Water Treatment capabilities (EPC) We offer integrated services along the entire Operation & Maintenance Water Transmission Wa
Slide 7: The Water Segment
The Water Segment Our Water segment includes water withdraw and treatment services and water networks services 1,124,792 Water withdraw and treatment encompasses: • Water Treatment Plants – Engineering, procurement, rehabilitation, construction and O&M of large capacity and centralized sea water and
Slide 8: The Wastewater Segment
The Wastewater Segment Our Wastewater segment includes wastewater treatment services and wastewater networks services Wastewater treatment encompasses: • Sewage Wastewater Treatment Plants - Engineering, procurement, execution, commissioning, upgrading and rehabilitating of advanced large-scale plan
Slide 9: The Integrated Water Solutions Segment
The Integrated Water Solutions Segment Our Integrated Water Solutions segment includes stormwater networks services, city management services and water management services Stormwater networks encompasses: • Stormwater Network - Engineering, procurement, execution, commissioning, upgrading, rehabilit
Slide 10: Strong presence across the water value chain in O&M and Project Services
Through its long operational history, AWPT has established strong presence across the water value chain in O&M and Project Services Average Revenue Sea Water Dams Ground Water Contribution Sub-segments (2018 – 2025) 1 Water 1 1 Water supply and treatment 16% Desalination Treatment Upstream 2 Water n
Slide 11: Extensive local knowledge and geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Hail 4 projects Alhudud Ashimaliyah 2 workshops 3 projects Qassim 1 workshops 14 projects Tabuk 1 workshops 2 projects Riyadh 1 workshops 13 projects Almadinah 6 workshops 7 projects E
Slide 12: Leading CEO Award for Publicly Listed Companies
2025 was marked by a notable achievement, with AWPT’s leadership recognized through the Leading CEO Award for Publicly Listed Companies given to Mr. Rami Moussilli for year 2024.
Slide 13: Official Inauguration and Recognition of Strategic Water Infrastructure Projects
Official Inauguration and Recognition of Strategic Water Infrastructure Projects ✓ The Water Quality Improvement and Infrastructure Projects were officially inaugurated by the Ministry of Environment, Water and Agriculture, in the presence of H.E. the Minister of Environment, Water and Agriculture a
Slide 14: AWPT Recognition by the Ministry at the Success Partners Forum
AWPT Recognition by the Ministry of Environment, Water and Agriculture at the Success Partners Forum ✓ The Ministry of Environment, Water and Agriculture recognized AWPT during the “Success Partners Forum” held in Riyadh. ✓ During the event, the Company was honored as a leading performer across seve
Slide 15: Executive Summary for AWPT Performance YTD Dec-2025 Vs YTD Dec-2024
Executive Summary for AWPT Performance YTD Dec-2025 Vs YTD Dec-2024 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance YoY % Financial Performance Statement of Profit or Loss YTD Dec 2025 Actual YTD Dec 2024 Actual 25 Vs 24 Change Q4 2025 YTD Revenue 2
Slide 16: Operational Earnings Power: Adjusting for IFRIC 12 Concession Income
Operational Earnings Power: Adjusting for IFRIC 12 Concession Income IFRIC 12 finance income is not passive interest — it is the return on building and operating the Kingdom’s water infrastructure Reported EBIT (YTD 2025) IFRIC 12 Concession Finance Income Adjusted Operational EBIT SAR 299.89M SAR 3
Slide 17: Revenue Backlog FY2025
Revenue Backlog FY2025 1,124,792 Revenue backlog — The company has secured over SR 16 billion in new privatization contracts since the beginning of 2023 and an additional SR 1,5 billion in O&M and EPC contracts up to Q4-2025, with 10,19 billion SAR to be consolidated as revenue at the company level
Slide 18: Backlog Recognition as of FY2025
Backlog Recognition as of FY2025 Revenue Recognized - The company achieved a record-breaking year in 2025 with revenue of 2,5 bsar. - Recently acquired PPP projects portfolio guarantees an additional 4.7 bsar in revenue beyond 2030, with over 300 msar recognized annually. - Combined, these factors p
Slide 19: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog by Segment SAR'000 Dec-24 Dec-25 Backlog (Q4- 25) Revenue and Backlog Diversification Maintaining a Versatile and Water segment Comprehensive Operations Water networks 749,444 959,436 2,594,656 • Maintained revenue diversification segment and subs
Slide 20: IWTP2 Project Overview: Rayis-Rabigh (Awarded)
IWTP2 Project Overview: Rayis-Rabigh (Awarded) Project Timetable Project Name Rayis-Rabigh IWTP Tariff SAR 1.25678 / m3 Ministry of Finance Project Capacity / Length 500,000m3/day / 150km 35 years from the Project Commercial Operation WTA Term Date (“PCOD”) COBRA AWPT Credit Support SPV, EPC Company
Slide 21: IWTP2 Project: Rayis-Rabigh
IWTP2 Project: Rayis-Rabigh Alkhorayef Water and Power Technologies' Consortium was honored by “Project Finance International” with the 2024 Middle East and Africa PPP Deal of the Year award for Rayis-Rabigh project.
Slide 22: IWTP2 Project: Rayis-Rabigh
IWTP2 Project: Rayis-Rabigh Alkhorayef Water and Power Technologies' Consortium was further honored by “IJ Global Awards 2024” with Water Deal of The Year for Rayis-Rabigh project.
Slide 23: Long Term O&M Contracts for STP Package #5 – Manfouha (Awarded)
Long Term O&M Contracts for Sewage Treatment Plant Package #5 – Manfouha (Awarded) Project Overview The project consists of three existing sewage treatment plants in the Riyadh area namely the Manfouha North, Manfouha East, Manfouha 4 with total treatment capacity of 700,000 m3/day, the three STPs
Slide 24: Long Term O&M Contracts for STP Package #6 - Heet and Al-Hayer (Awarded)
Long Term O&M Contracts for Sewage Treatment Plant Package #6 - Heet and Al-Hayer (Awarded) Project Overview The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,000 m3/d
Slide 25: Long Term O&M Contracts for STP Package #7 - Al Ahsa (Awarded)
Long Term O&M Contracts for Sewage Treatment Plant Package #7 - Al Ahsa (Awarded) Project Overview The project consisting of four sewage treatment plants in Al Ahsa area namely “Hofuf 01 STP , Hofuf 02 STP , Al Oyun STP and Al Omran STP” with total treatment capacity of 472,000 m3/day, the four ST
Slide 26: SSTP - Small Sewage Treatment Plant and Main Trunk Sewer (Preferred Bidder)
SSTP - Small Sewage Treatment Plant (SSTP) and Main Trunk Sewer (Preferred Bidder) Project Timetable Small Sewage Treatment Plant (SSTP) and main trunk Project Name sewer Ministry of Project Capacity / Length 74,700 m3/day “treatment capacity” / 166.5 KM Finance 25 years from the Project Commercial
Slide 27: SSTP - Small Sewage Treatment Plant and Main Trunk Sewer (Preferred Bidder)
SSTP - Small Sewage Treatment Plant (SSTP) and Main Trunk Sewer (Preferred Bidder) • AWPT was announced as the Preferred Bidder for the Jazan Cluster Small- Scale Sewage Treatment Plants (SSTP) and Collection Network Project. • This project is the first of its kind in Saudi Arabia to integrate sewag
Slide 28: AR RJUM Water Pipeline Project - Package B (Preferred Bidder)
AR RJUM Water Pipeline Project - Package B (Preferred Bidder) Project Timetable Project Name AR RJUM WATER PIPELINE PROJECT - PACKAGE B SIO Maaden Project Capacity / Length 50,000 m3/day “Pipeline capacity” / TSE pipeline 159 KM WTA Term 15 years from the Project Commercial Operation Date (“PCOD”) C
Slide 29: Development Projects Under Submission (1/3)
Development Projects Under Submission (1/3) • SWPC Pipeline of development projects: SPV EPC SOQ Submission Qualification Expected RFP Bid Submission Submission Announcement Sq. Project Name Brief Scope of Work O&M Company Company Company Date Status Release Date Date Status Status Jazan Small Sewag
Slide 30: Development Projects Under Submission (2/2)
Development Projects Under Submission (2/2) • Pipeline of Development Projects with Other Clients: SOQ SPV EPC Qualification Expected RFP Bid Submission Submission Announcement Sq. Project Name Brief Scope of Work Company Company O&M Company Submission Status Release Date Date Status Status Date Lon
Slide 31: Development Projects Under Submission (3/3)
Development Projects Under Submission (3/3) SOQ Bid SPV EPC Qualification Expected RFP Submission Announcement Sq. Project Name Brief Scope of Work Partners Partners O&M Partners Submission Submission Status Release Date Status Status Date Date Long Term Operation and 8 4 STP (132,000 m3/d) AWPT (10
Slide 32: Revenue by Segment and Contract Type
Revenue by Segment and Contract Type Revenue by Segment (SAR MN) Revenue by Contract Type (SAR MN) Water Wastewater Integrated Water Solution Segments O&M Project Services Contract Type 2,474 2,474 325 1,952 1,952 862 1,680 1,680 308 965 623 318 256 692 894 822 822 569 569 168 1612 275 1184 1329 118
Slide 33: Margins: Gross Profit by Segment and Contract Type
Topline growth met with improving profitability Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution Segment O&M Project Services Contract Type 461 461 11 384 35 384 262 34 312 403 262 183 187 31 151 22 59 187 426 50 31 151 136 197 37 79
Slide 34: Topline growth met with improving profitability
Topline growth met with improving profitability EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA EBITDA margin Net Income Net Income Margin 267 396 22% 247 25% 351 22% 18% 14% 155 13% 244 16% 11% 111 117 173 14% 9% 137 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
Slide 35: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 916 Balance Sheet (SAR MN) 1,162 617 776 814 Equity 228 330 Non-Current Liabilities 538 321 398 170 1,913 Current Liabilities 1,764 154 203 1,262 1,376 1,345 Non-Current Assets 75 356 294 866 884 Current Assets 597 107 586 473 84 288 170
Slide 36: As a local champion, AWPT is strategically positioned in KSA's water market
As a local champion, AWPT is strategically positioned to thrive in KSA’s evolving water market Strengthen leadership position in O&M Services, with focus on newly floated long-term O&M (LTOM) projects and city management projects Strategic Objectives Expand in Project Services for critical infrastru
Slide 37: Saudi Arabia Water and Wastewater Projects Pipeline
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Five Years Capital Projects Plan AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwate
Slide 38: Saudi Arabia Water and Wastewater Projects Pipeline
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Privatization Plan LTOM Program AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwater
Slide 39: Saudi Arabia Water and Wastewater Projects Pipeline
Saudi Arabia Water and Wastewater Projects Pipeline Saudi Water Partnership Company (SWPC) – Privatization Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwate
Slide 40: Saudi Arabia Water and Wastewater Projects Pipeline
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Capital Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwat
Slide 41: Saudi Arabia Water and Wastewater Projects Pipeline
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Privatization Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks St
Slide 42: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer Chief Strategy and Performance Officer
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