Meeza Qstp Llc · QSE:MEZA
Meeza Qstp — H1 2026 Earnings Presentation
16 slides from Meeza Qstp's earnings presentation, Jul 28, 2026
Slide 1: H1 2026 Earnings Call
H1 2026 Earnings Call 28 July 2026
Slide 2: Disclaimer
This presentation has been prepared by MEEZA QSTP LLC (Public) (the Company) for informational purposes only. Neither this presentation, nor any part of it, may be relied on in connection with, or act as an inducement to, or otherwise as the basis for entering into any contract or commitment whatsoe
Slide 3: Overview
01 Overview
Slide 4: H1 2026 Highlights
H1 2026 Highlights Revenue and profit growth and Data Center project delivery Growth Drivers H1 Financial Results Operational Highlights MV4 expansion construction +15% YoY Revenue growth QR 1.6 billion Murabaha completed and delivered to to QR 217.3 million Facility from Dukhan Bank Hyperscaler cli
Slide 5: Qatar's Leading Data Center Portfolio
Qatar’s Leading Data Center Portfolio Current capacity at 18 MW with plans to invest ~QR 2 billion to surpass 60 MW by 2029 DC Capacity Growth (MW) Current DC Capacity by M-VAULT (MW) 62 24 40 16 28 22 8 13 14 14 14 14 6 8 4 1 2 1 TBA 2020 2021 2022 2023 2024 2025 2026F 2027F 2028F 2029F MV1 MV2 MV3
Slide 6: Financial Results
02 Financial Results
Slide 7: H1 2026 Financial Results (Consolidated)
H1 2026 Financial Results vs H1 2025 Results | QR m | Consolidated Revenue Expenses* EBITDA Attrib. Net Profit +15.2% +18.1% +8.5% +5.1% 250.0 200.0 250.0 250.0 217.3 180.0 200.0 188.6 23.6 200.0 200.0 160.0 154.5 140.0 37.6 130.8 150.0 150.0 120.0 150.0 114.3 29.3 21.9 100.0 73.4 100.0 100.0 80. 0
Slide 8: H1 2026 Financial Results (Standalone)
H1 2026 Financial Results YoY vs H1 2025 Results | QR m | Standalone Revenue Expenses* EBITDA Net Profit -4.5% -6.1% -0.7% -5.2% 250.0 250.0 250.0 250.0 188.6 200.0 200.0 180.2 200.0 200.0 37.6 21.5 130.8 150.0 150.0 150.0 150.0 122.8 79.4 21.9 73.4 20.6 100.0 100.0 100.0 100.0 57.8 57.4 50. 0 50. 0
Slide 9: Q2 2026 Financial Results (YoY)
Q2 2026 Financial Results YoY vs Q2 2025 Results | QR m | Consolidated Revenue Expenses* EBITDA Attrib. Net Profit +9.5% +7.4% +14.4% +5.0% 112.6 120.0 120.0 120.0 120.0 102.8 13.1 100.0 100.0 100.0 100.0 25.4 77.7 80. 0 80. 0 72.3 80. 0 80. 0 59.7 14.1 10.4 36.6 60. 0 60. 0 60. 0 60. 0 40. 0 40. 0
Slide 10: Q2 2026 Financial Results (QoQ)
Q2 2026 Financial Results QoQ vs Q1 2026 Results | QR m | Consolidated Revenue Expenses* EBITDA Attrib. Net Profit +7.5% +1.0% +25.4% +18.3% 112.6 120.0 120.0 120.0 120.0 104.7 13.1 10.5 100.0 100.0 100.0 100.0 76.9 77.7 80. 0 80. 0 80. 0 80. 0 59.7 15.2 14.1 54.6 60. 0 60. 0 60. 0 60. 0 40. 0 40. 0
Slide 11: H1 2026 Gross Margin by Segment
H1 2026 Gross Margin by Segment YoY vs H1 2025 Results | QR m | Consolidated Managed, Cloud & Gross Margin Data Centre Solution & MSI Black Arrow Workplace 31.1% 40.9% 38.9% 80. 0 45. 0% 80. 0 45. 0% 80. 0 45. 0% 80. 0 45. 0% 80. 0 29.3% 34.5% 30. 0% 40. 0% 40. 0% 40. 0% 40. 0% 70. 0 67.6 70. 0 70.
Slide 12: Profitability Margins
Profitability Margins Quarterly Trends EBITDA Margin Net Profit Margin (excl. NCI) 40. 00% 40. 0% 36.4% 35. 00% 35. 0% 31.0% 29.7% 28.4% 26.6% 30. 00% 30. 0% 25. 00% 25. 0% 22.3% 16.6% 20. 00% 20. 0% 15.1% 15. 00% 15. 0% 13.8% 13.6% 10. 00% 10. 0% 5.00% 5.0% 0.00% 0.0% Q2 2025 Q3 2025 Q4 2025 Q1 202
Slide 13: Capital Expenditure and Returns
Capital Expenditure and Returns Annual Trends | QR m CAPEX Return of Capital Employed (ROCE)* 79% 8% 8% 8% Excl. financing for 9.0% 300.0 80. 00% 8% projects under 52% 60. 00% 8.0% construction 250.0 7% 207.8 7.0% 40. 00% 15% 7% 3% 5% 200.0 20. 00% 6.0% 171.5 0.00% 5.0% 150.0 -20.00% 4.0% 100.0 -40.
Slide 14: Cashflows and Financial Position
Cashflows and Financial Position Annual Trends | QR m Cash generated from Operations* Net Cash / (Debt) 200.0 200.0 157.2 150.2 126.2 115.0 150.0 150.0 115.1 100.0 100.0 92.4 92.0 55.0 50. 0 50. 0 0.0 -50.0 0.0 -100. 0 -50.0 -150. 0 -100. 0 (71.4) -200. 0 (169.6) FY2022 FY2023 FY2024 FY2025 YTD 2026
Slide 15: Q&A
Q&A
Slide 16: Thank you
Thank you QSTP Free Zone Zone 51, Street 2322, Building 115, Unit 204 Tel: +974 4004 0000 Email: info@meeza.net PO Box 892 Fax: +974 4004 0004 Website: meeza.net Doha - Qatar X Social Media White Square icon PNG and SVG Vector Free Download Threads an instagram app logo shirt