Dubai Taxi Co. Pjsc · DFM:DTC
Dubai Taxi Co. Pjsc — Dubai Taxi Company PJSC — FY2025 Earnings Presentation
27 slides from Dubai Taxi Co. Pjsc's earnings presentation, 2026
Slide 1: DTC Earnings Presentation
DTC EARNINGS PRESENTATION For the year ended 31 December 2025 1
Slide 2: Disclaimer
DISCLAIMER Dubai Taxi Company PJSC (“DTC” or the “Company”) has prepared this presentation (“Presentation”). DTC bases its information on sources considered reliable; however, it does not assure its accuracy or completeness. While this presentation may contain projections and forward-looking stateme
Slide 3: Agenda
AGENDA 1 Key Highlights 2 Operational Performance 3 Financial Review 4 Closing Remarks 5 Q&A 3
Slide 4: Key Metrics – FY 2025
KEY METRICS – FY 2025 Strong operational and Revenue EBITDA Net Profit financial performance AED AED AED 2,474 652 356 mn mn mn 13% 10% 12% 16% 7% 15% Reported LFL Reported LFL Reported LFL Fleet Size (1) Total Drivers (1) Total Trips (2) 11,126 18,743 53.0 mn 18% YoY 1% YoY 8% YoY Note: (1) Across
Slide 5: Advancing DTC's Five-Year Strategy in FY 2025
ADVANCING DTC’S FIVE-YEAR STRATEGY IN FY 2025 Scaling demand, enhancing convenience, and expanding ecosystem reach for sustainable growth Setting New Driving Growth Sustainability at Benchmarks Through Partnerships the Core Delivered 13% revenue growth in FY 2025 Kabi alliance seamlessly integrating
Slide 6: Capitalising on Favourable Macro Trends
CAPITALISING ON FAVOURABLE MACRO TRENDS Organic growth across all segments underpinned by favourable macro fundamentals Robust Macroeconomic Outlook Leading Tourist Destination with World’s Busiest Airport Dubai recorded 19.59 million overnight visitors in 2025, a 5% YoY increase, reinforcing its po
Slide 7: Bold Strategy Enabling an Ambitious Vision
BOLD STRATEGY ENABLING AN AMBITIOUS VISION Vision The preferred mobility choice for everyone Mission Leading in digital and safe mobility services that meet communities’ needs for convenience, connectivity, and sustainability Strategic Objectives 01. 02. 03. 04. 05. 06. Ensure sustainable Ensure str
Slide 8: Operational Performance
OPERATIONAL PEFORMANCE 8
Slide 9: Robust Operational Performance
ROBUST OPERATIONAL PERFORMANCE Fleet Size Number of Trips (Million)1 11,126 53.0 9,418 48.8 46.0 3,068 7,482 1,841 1,183 752 1,151 1,127 658 466 387 5,960 6,217 5,216 20.8 12.8 16.6 31-Dec-23 31-Dec-24 31-Dec-25 FY 23 FY 24 FY 25 Taxi Limousine Bus Delivery Bike Trips E-hailing Trips Strong fleet ex
Slide 10: Unlocking Value with Bolt Partnership
UNLOCKING VALUE WITH BOLT PARTNERSHIP Strong momentum in operational performance Total Trips Fleet Partners 1 App Downloads 1 Cars Registered 2 Strong operational momentum in Q4 2025, driven by a 70% 7.2mn 279 863k 29k quarter-on-quarter increase in total trips, alongside a 46% rise in cumulative ap
Slide 11: FY 2025 Financial Review
FY 2025 FINANCIAL REVIEW 11
Slide 12: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue EBITDA AED million AED million % ∆ YoY Margin 12.6% 12.6% % ∆ YoY 25.4% 8.9% 26.6% 26.4% 11.6% 24.5% 12.1% 2,472.1 10.0% 27.2% 26.4% 27.1% 28.0% 2,206.2 7.1% 15.9% 692.7 597.8 2,196.6 2,474.2 609.3 670.4 165.5 177.3 584.4 652.1 599.7 675.4 152.2 165.8 Q4 24 Q4 25 FY 24 F
Slide 13: Growing Revenue Across Segments
GROWING REVENUE ACROSS SEGMENTS Taxi Limousine Factors driving Revenue performance 86% CONTRIBUTION 5% CONTRIBUTION during FY 2025: AED million AED million 11.4% 3.5% Taxi Revenue growth was supported by continued fleet expansion, increasing service capacity 9.1% 2.5% 1,917.5 2,136.1 124.5 128.9 whi
Slide 14: Delivering Solid Core Gross Profit
DELIVERING SOLID CORE GROSS PROFIT Taxi Limousine Factors driving Gross Profit AED million AED million performance during FY 2025: 26.3% 25.8% 22.7% 25.1% 16.1% 12.3% 17.1% 9.0% 22.8% - 45.5% Taxi Improved profitability was largely driven by - 21.6% higher revenues, supported by selective cost 7.0%
Slide 15: Disciplined Cost Management
DISCIPLINED COST MANAGEMENT Total Operating Expenses Breakdown Commentary on operating AED million expenses during FY 2025: FY 2024 FY 2025 46 65 Staff costs 270 Represented the majority of expenses during 324 the year amounting to 31% of total expenses, 571 639 and increasing by 12% YoY driven by h
Slide 16: Robust Improvement in Profitability and Earnings
ROBUST IMPROVEMENT IN PROFITABILITY AND EARNINGS Factors driving performance EBITDA during the period: Margin AED million 278 26.6% 26.4% EBITDA increased 12% YoY to AED 652 million in (116) 652 584 (39) (21) the full year driven by a significant increase in trips (35) and revenue, partially offset
Slide 17: Healthy Balance Sheet
HEALTHY BALANCE SHEET Balance Sheet – 31 Dec 2025(1) Net Debt Balance Sheet highlights: Net Debt / LTM EBITDA AED million Total: AED 2,393.7 million Other 5% Solid Balance Sheet 13% Due to Related Cash & Cash Parties Cash and cash equivalents balance of AED 332 Equivalents 14% 1.1x 1.5x 1.0x million
Slide 18: Attractive Dividend Profile
ATTRACTIVE DIVIDEND PROFILE Dividends (AED Million) Payout Ratio (% of Net Income) Dividend policy with semi-annual dividend distributions to 85% 85% 85% shareholders Targeting dividend distribution of 160.7 142.0 at least 85% of annual net profit 122.3 H2 2024 H1 2025 H2 2025 Reflects expectation o
Slide 19: Closing Remarks
CLOSING REMARKS 19
Slide 20: Summary
SUMMARY Taxi Market Leader, Positive Macro Robust Financial Multiple Strategic Attractive e-hailing Powerhouse Environment Performance Levers Dividend #1 taxi operator in Population and Delivered strong Clear strategy in place Attractive dividend Dubai by market tourism growth, financial performance
Slide 21: Appendix
APPENDIX 21
Slide 22: Dubai's Flagship Mobility Company
DUBAI’S FLAGSHIP MOBILITY COMPANY Comprehensive mobility solutions across four key segments Dominant Taxi segment market share #1 27% Kabi Taxi services through Limousine with Chauffeur- School and commercial Last-mile delivery Taxi Operator in Dubai (1) large eco-friendly fleet driven luxury vehicl
Slide 23: Clearly Defined Opportunities
CLEARLY DEFINED OPPORTUNITIES Business Verticals and Strategic Opportunities Taxi Limousine Bus Delivery Digital Additional plates Fleet increases Optimise operations Double down on market Bolt e-hailing platform (with potential share Optimise operations Digital channel growth Loyalty program restru
Slide 24: Delivering Growth Sustainably
DELIVERING GROWTH SUSTAINABLY Largest environmentally RTA’s ESG Strategy friendly fleet in Dubai Hybrid / electric vehicles as a % of Total Fleet (Taxi and limousine) Taxi Fleet Net Zero Environment 100% 0 >91% 100% Environmentally- Emissions in public Current Targeted Friendly transportation by Ahe
Slide 25: Taxi Tariff Trends
TAXI TARIFF TRENDS Per KM fare (AED) +11% since IPO (Airport) Steady Fare Increases Implemented +8% since IPO (City) RTA introduced incremental taxi tariff The RTA has been reviewing taxi tariffs every two months based increases, including a 7 fils adjustment in July on prevailing fuel prices, and e
Slide 26: For enquiries, please contact Investor Relations
For enquiries, please contact Investor Relations ir@dtc.gov.ae 26
Slide 27: DTC Investor Relations App
Wyoiiwo)! loa) DTC Investor Relations App Ue DTC Now Live Gag > Google Play é App Store
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