National Co. For Learning & Education · TADAWUL:4291
National Co. For Learning & Education — National Company for Learning and Education — Q2 2020 Earnings Presentation
15 slides from National Co. For Learning & Education's earnings presentation, Apr 22, 2020
Slide 1: Investors Conference Call Q2 2020 Earnings Result
INVESTORS CONFERENCE CALL Q2 2020 EARNINGS RESULT April, 22nd 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 Aim to Be a Leading Education Company Through Expansions
NCLE AIM TO BE A LEADING EDUCATION COMPANY THROUGH EXPANSIONS OPERATIONAL CAMPUSES: PROJECTS UNDER CONSTRUCTION: TNS – Al Rayyan Campus: TNS – Al Qairawan Campus: Opened in 1980 in Al Rayyan District, Riyadh. The project located in Al-Qairawan District, Riyadh. It is constructed on a land area of 59
Slide 6: NCLE 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: Q2 2020 Executive Update
Q2 2020 EXECUTIVE UPDATE
Slide 8: Q2 2020 Executive Update
Q2 2020 EXECUTIVE UPDATE • Closed Al-Khawarzmi Education Company acquisition transaction after obtaining the approval from relevant regulatory authorities. • Alkhawarzmi financials has been consolidated in Q2. • Constructions activities in Al-Qairawan campus are advancing with target to open for enr
Slide 9: Q2 2020 Executive Update
Q2 2020 EXECUTIVE UPDATE • NCLE has ensured continuity of its operations and education programs as virtual schools has been activated after the school suspension decision took place due to COVID-19. ✓ Online classes lunched in less than 24 hours after the school suspension decision took place ✓ 91%
Slide 10: NCLE 2020 Growth Outlook
NCLE 2020 GROWTH OUTLOOK Expansions Offering • Close recent M&A deals • Open new grades in Buraydah • Continue to explore investment Campus opportunities • Launch international curriculum in • Open Al Qairawan Campus Al-Nuzha and Al-Rayyan
Slide 11: Q2 2020 Financial Results
Q2 2020 FINANCIAL RESULTS
Slide 12: Net Profit Has Improved Due to Increase in Revenues and Consolidation of Al-Khawarzmi Co.
NET PROFIT HAS IMPROVED DUE TO INCREASE IN REVENUES AND CONSOLIDATION OF AL-KHAWARZMI CO. Revenues (million SAR) Government Grants & Subsidies (million SAR) 54.35 50.59 49.35 2.87 Gov. Grants & Subsidies Revenues increased by 10% 2.13 decreased by -26% compared with Q2-2019 1.50 compared with Q2-201
Slide 13: 6 Months Ended in February 2020 Financial
6 MONTHS ENDED IN 29 FEBRUARY 2020 FINANCIAL Revenue By Campus Gross Margin by Campus 1% 4% 3% 56% 30% 48% 49% 43% 27% 40% 41% 39% 26% 5% 35% N/A N/A -2% Al Rayyan Al Rawabi Al Nuzha Al Rayyan Al Rawabi Al Nuzha Qurtuba Buraydah Alkhowrizmi Qurtuba Buraydah AlKhowrizmi Q2 2019 Q2 2020 • Al-Rayyan an
Slide 14: 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 scheduled to start operation on Sep’20 DISCLOSED ON o Telal Doha (Dharhan): SAR
Slide 15: Thank You
THANK YOU (Q&A) For more information, please contact us on: investor.relations@edu.com.sa
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