Mbc Group Company · TADAWUL:4072
Mbc — Q1 2026 Earnings Presentation
42 slides from Mbc's earnings presentation, 2026
Slide 1: Investor Relations Presentation 1Q 2026
Investor Relations Presentation 1Q 2026
Slide 2: Disclaimer
DISCLAIMER Important Information Upon receipt of this Investors’ Presentation, or any verbal presentation relating thereto (collectively, the “Information”), you irrevocably agree to be bound by the following terms and conditions: The Information is confidential and may not be reproduced, redistribu
Slide 3: Contents
CONTENTS 01 02 MBC GROUP BUSINESS MBC GROUP is forging a global media group OVERVIEW SEGMENTS that enriches people’s lives through information, interaction and entertainment. The Group commits to being the leading multi-platform provider of innovative information and entertainment, produced by profe
Slide 4: Overview
01 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 OVERVIEW MBC GROUP 04 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 5: Our Group at a Glance
Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook OUR GROUP AT A TRACK RECORD OF GROWTH & INNOVATION A GLANCE Since inception, the Group has established itself as the leading media company for free-to- air (“FTA”) TV in the MENA region, especially in KS
Slide 6: MBC's Evolution
PIF acquires 54% of the Group’s shares MBC’S EVOLUTION Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook Mike Sneesby joins MBC GROUP as CEO With a history of over 30 years, MBC has built a strong and trusted relationship with its pan-Arab Expansion of
Slide 7: Our Group Segments
OUR GROUP SEGMENTS Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC has continued to grow its presence and reach in the MENA region through three primary verticals BROADCASTING & OTHER MBC SHAHID MEDIA & COMMERCIAL ACTIVITIES OTT PLATFORM ENTERTAIN
Slide 8: Business Segments
02 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 BUSINESS SEGMENTS 08 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 9: Broadcasting & Other Commercial Activities: Overview
BROADCASTING & OTHER COMMERCIAL ACTIVITIES: OVERVIEW Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook Pan-Arab broadcasting leader for over 30 years reaching over 150M viewers every week BROADCASTING & OTHER COMMERCIAL ACTIVITIES: OUR Market Opportunit
Slide 10: MBC SHAHID OTT: Overview
MBC SHAHID OTT: OVERVIEW Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC SHAHID is the leading OTT platform in MENA OTT – MBC SHAHID: OUR GROWTH ENGINE Market Opportunity % CAGR (2024-2028) 29% MBC’s OTT platform and growth engine, MBC SHAHID, is
Slide 11: Media & Entertainment Initiatives: Overview
MEDIA & ENTERTAINMENT INITIATIVES: OVERVIEW Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC is developing the broader media ecosystem in the region and in KSA in line with Vision 2030 MEDIA & ENTERTAINMENT INITIATIVES: OUR PARTNERSHIPS Market Oppo
Slide 12: Content: At the Core of Our Business Segments
CONTENT: AT THE CORE OF OUR BUSINESS SEGMENTS Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook The key customer value proposition is to consistently deliver new, engaging, and compelling content. 75 MBC titles ranked among the top 100 programs in KSA i
Slide 13: 1Q 2026 Performance Highlights
03 1Q 2026 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 HIGHLIGHTS PERFORMANCE 13 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 14: 1Q 2026 Financial Highlights
Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook 1Q 2026 FINANCIAL HIGHLIGHTS Gross Profit Net Profit Group Revenue SAR 1,576.6 MN SAR 403.0 MN SAR 222.3 MN -22.9% YoY -25.3% YoY -15.6% YoY MBC GROUP delivered resilient 1Q 25.6% GP margin 14.1% NP marg
Slide 15: 1Q 2026: Key Performance Highlights
Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook 1Q 2026: KEY PERFORMANCE HIGHLIGHTS MBC GROUP DELIVERS RESILIENT 1Q 2026 PERFORMANCE ANCHORED BY STRONG MBC SHAHID GROWTH GROUP BOCA ADVERTISING MBC SHAHID The Group reported revenues of SAR 1.6 The BOCA
Slide 16: 1Q 2026 Financial Summary
04 1Q 2026 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 FINANCIAL SUMMARY 16 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 17: Group Financial Performance
GROUP FINANCIAL PERFORMANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC Group performance in 1Q 2026 reflected the resilience of the Group’s diversified operating model amid a more volatile external environment REVENUE BREAKDOWN GROSS PROFIT N
Slide 18: Broadcasting & Other Commercial Activities Performance
BROADCASTING & OTHER COMMERCIAL ACTIVITIES PERFORMANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook BOCA continues to benefit from a diversified revenue base across advertising, technical services, programme monetisation, and distribution REVENUE B
Slide 19: MBC SHAHID (OTT) Performance
MBC SHAHID (OTT) PERFORMANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC SHAHID recorded a 257.7% YoY improvement in profitability and reinforcing the platform’s role as a key earnings contributor to the Group REVENUE BREAKDOWN GROSS PROFIT NE
Slide 20: Media & Entertainment Initiatives Performance
MEDIA & ENTERTAINMENT INITIATIVES PERFORMANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook The Media & Entertainment (M&E) segment reported revenues of SAR 183.7 million, compared to SAR 447.2 million in 1Q 2025, reflecting the timing of milestone-
Slide 21: Guidance
GUIDANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook BROADCASTING & OTHER MEDIA & ENTERTAINMENT COMMERCIAL ACTIVITIES MBC SHAHID – OTT INITIATIVES FY 2026E FY 2026E FY 2026E Revenue (% Growth) Revenue (% Growth) Net Profit Margin Double-digit decl
Slide 22: Risk Impact Matrix
RISK IMPACT MATRIX Very High High Medium Low Management Priorities Protect Revenue Streams Tighten Cost Controls Sustain Audience Engagement Preserve Cash Liquidity Safeguard Production Operations Reinforce Investor Confidence Enhance Cyber Security & Data Protection Risk Area Risk Description Mitig
Slide 23: Leadership
05 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 LEADERSHIP 23 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 24: Executive Management Team & IR
Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook EXECUTIVE MANAGEMENT TEAM & IR A team with decades of media sector experience and a deep understanding of local and regional market dynamics Mike Sneesby Hussam Alnouri Joseph Igoe Omar El - Barrage that
Slide 25: Board of Directors
Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook BOARD OF DIRECTORS MBC’s Board of Directors is dedicated to upholding the principles of corporate Waleed bin Ibrahim H.E. Hindi bin H.E. Khaled bin Abdulrahman Abdullah governance, driving AlIbrahim Abdu
Slide 26: Outlook
MBC INVESTOR RELATIONS PRESENTATION 1Q2026 OUTLOOK 26 Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook
Slide 27: Strategic Foundation & Growth Pillars
STRATEGIC FOUNDATION & GROWTH PILLARS Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook MBC Group has consistently demonstrated resilience through market leadership, strong viewership, diversified revenues, and disciplined execution STRATEGIC FOUNDATION
Slide 28: Market Overview
MARKET OVERVIEW Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook Thriving in the Global Epicenter of Entertainment MACRO DRIVERS MARKET DRIVERS 01 02 03 04 05 06 Young and growing Growing regional Increasing Digitally-savvy consumer Large and diverse c
Slide 29: Market Overview (Contd.)
MARKET OVERVIEW (CONTD.) Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook Large Arabic speaking population beyond the MENA region constitutes an extended addressable market FRANCE 6M USA TURKEY 3.5M 2.6M 40M+ Arab speaking diaspora outside MENA Selecte
Slide 30: Appendix
APPENDIX MBC INVESTOR RELATIONS PRESENTATION 1Q2026 30
Slide 31: Investment Highlights
INVESTMENT HIGHLIGHTS Leveraging our unique value proposition to capitalize on attractive market opportunities and deliver sustainable growth. Highly attractive macro fundamentals Home to the highest quality and most supporting long-term, sustainable engaging content, featuring distinctive growth ac
Slide 32: Income Statement (SAR Millions)
INCOME STATEMENT (SAR MILLIONS) COMMENTARY DESCRIPTION 1Q 2025 1Q 2026 CHANGE YOY Broadcasting performance reflects the conclusion of the SSC contract Total Revenue 2,043.8 1,576.6 -22.9% • TV revenues declined to SAR 573.0 million, reflecting lower advertising revenues, which decreased 11.9% year-o
Slide 33: Balance Sheet (SAR Millions)
BALANCE SHEET (SAR MILLIONS) COMMENTARY DESCRIPTION 31 March 2026 31 December 2025 % CHANGE Assets Non-current assets ASSETS Property and equipment 448 438 2% Non-current Assets: Intangible Assets 73 74 -1% Right of Use Assets 43 49 -12% • The increase was mainly due to additions in property and equ
Slide 34: Cash Flow Summary (SAR Millions)
CASH FLOW SUMMARY (SAR Millions) DESCRIPTION Q1 2026 Q1 2025 CHANGE YOY COMMENTARY Operating Activities NON-CASH ADJUSTMENTS Non-cash adjustments mainly represents items such as Profit before tax 229 284 -19% depreciation and amortization, net finance income, provision for doubtful debts, share of r
Slide 35: Financial Summary: Historical & FY 2025
FINANCIAL SUMMARY Historical & FY 2025 MBC INVESTOR RELATIONS PRESENTATION 1Q2026 35
Slide 36: Group Financial Performance
GROUP FINANCIAL PERFORMANCE MBC has experienced strong revenue growth across its core business segments, with positive bottom-line performance REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Millions) (SAR Millions) (SAR Millions) 3,711.8 4,196.4 5,390.9 1,176.1 1,265.9 437.5 1,206.0 426.1 693.3 1,38
Slide 37: Group Quarterly Financial Performance
GROUP QUARTERLY FINANCIAL PERFORMANCE MBC's quarterly results reflect the typical seasonality of our business, showing how performance varies throughout the year REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Millions) (SAR Millions) (SAR Millions) 2,043.8 987.9 810.0 1,549.1 536.7 303.9 268.7 154.0
Slide 38: Group Financial Performance Revenue
GROUP FINANCIAL PERFORMANCE REVENUE MBC's revenue breakdown for 2023, 2024, and 2025 highlights the contribution of each segment over these years. REVENUE SEGMENT CONTRIBUTION REVENUE SEGMENT CONTRIBUTION REVENUE SEGMENT CONTRIBUTION (SAR Billions | 2023) (SAR Billions | 2024) (SAR Billions | 2025)
Slide 39: Broadcasting & Other Commercial Activities Performance
BROADCASTING & OTHER COMMERCIAL ACTIVITIES PERFORMANCE MBC’s Broadcasting & Other Commercial Activities experienced consistent topline growth with a stable cost structure REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Millions) (SAR Millions) (SAR Millions) 2,004 2,424.2 2,831.2 871.5 533.2 325.6 49
Slide 40: MBC SHAHID (OTT) Performance
MBC SHAHID (OTT) PERFORMANCE MBC SHAHID has experienced exceptional revenue growth across all its operations with a stable cost structure REVENUE BREAKDOWN NET LOSS (SAR Millions) (SAR Millions) 843.6 1,078.9 1,383.5 2023 2024 2025 59.2 236.1 25.1 (78.7) 144.5 8.5 185.7 Financial Summary ⚫ Historica
Slide 41: Media & Entertainment Initiatives Performance
MEDIA & ENTERTAINMENT INITIATIVES PERFORMANCE Media & Entertainment Initiatives continue to be a strong value-add for MBC and the media ecosystem in KSA, with strong partnerships fostering growth and development REVENUE BREAKDOWN NET PROFIT (SAR Millions) (SAR Millions) 1176.1 23.3 22.0 864.5 Financ
Slide 42: Thank You
THANK YOU GROUP