Saudi Automotive Services Co. · TADAWUL:4050
Saudi Automotive Services — FY2024 and Q1 2025 Earnings Presentation
33 slides from Saudi Automotive Services's earnings presentation, 2025
Slide 1: SASCO Earnings Presentation FY 2024 & Q1 2025
DP SASCO Earnings Presentation FY 2024&Q1 2025
Slide 2: Disclaimer
Disclaimer This document is provided solely for informational purposes and does not constitute an offer or invitation to invest in the securities of Saudi Automotive Services Co. (SASCO). Certain statements in this document are forward-looking and relate to SASCO (the “Company’), its business, marke
Slide 3: Group Overview
DP SASCO Group Overview
Slide 4: Value Proposition and Market Share
gSuibu Dividends — SASCO is committed to consistently paying in line with Company performance and policies re Market Share SASCO holds an 8.7% market share across the Kingdom as of end of March 2025. Diversified Business Model A unique mix of subsidiary companies to compliment the overall service of
Slide 5: Integrated subsidiaries powering performance and efficiency
Integrated subsidiaries powering performance and efficiency. Core Revenue-Generating Subsidiaries Fuel Sector C-Stores Fleet SATA SASCO Waha Co. Operates innovational and Retail arm offering Provides logistical solutions Operates through several Manages hospitality operations, unique fuel stations a
Slide 6: Legal Entity Restructuring
Legal Entity Restructuring SASCO Group 100% Own. 100% Own. 100% Own. 100% Own. 100% Own. 0.36% Own. 100% Own. 100% Own. 100% Own. 100% Own. 80% Own. 100% Own. 100% Own. 100% Own. Al Nakhla Al North Front SASCO Automotive SASCO National Tourism Amlak Zaiti Petroleum SASCO Palm SASCO Ostool Naft Servi
Slide 7: 2024 At Glance
2024 At Glance The launch of the mobile Completion of the The installation of 50 ultra- station service for the automation project for fuel The expansion stations The launch of Al-Jazeera fast EV chargers, bringing business sector with 48 stations, mobile stations, reaching a total of 612 Station, o
Slide 8: Executive Summary & Outlook 2024 FY & Q1 2025
DP SASCO Executive Summary & Outlook 2024 FY&Q1 2025 OLith
Slide 9: Key Financial Highlights
Key Financial Highlights Revenue Net income Cash flow Net Debt 10,187 2,760 44 4.3 651 126 1,548 1,632 YE 2024 Q1 2025 YE 2024 Q1 2025 YE 2024 Q1 2025 YE 2024 Q1 2025 Total assets Capex EBITDA 6,449 6,874 373 70 359 88 YE 2024 Q1 2025 YE 2024 Q1 2025 YE 2024 Q1 2025 All figures are in (Millions) Sau
Slide 10: Key Operational Highlights
Key Operational Highlights Stations Palm Stores Trucks Trailers Electric Charger 624 213 566 566 53 Mobile Station Compact Units Sold by App Downloads SATA “SASCO Quick” Stations 33 48 708 K 23 K All figures are as of 31 March 2025.
Slide 11: Our Operational Efficiency Doesn't Limit Our Innovation!
Our Operational Efficiency …. Doesn’t Limit Our Innovation! 67 51 87 76 Liter No. of Palm’s sold 1.4 B stores with No. of Palm’s No. of Palm’s stores with No. of Palm’s 371 External promotion stores with Internal promotion The External promotion stores with Internal Current screens screens Goal scre
Slide 12: Continue Growing Our Footprint..
Continue Growing Our Footprint.. The Group’s Core Business hitting the goals with steady Steps .. Stations projects in the pipeline based on signed agreements. Stations Growth Objectives +43% Will Open within more than 12 Month Q1 2024 Q1 2025 94 100 Profit Shring Profit Sharing 100 Owned Owned 139
Slide 13: ..And Improving our subsidiaries contribution
..And Improving our subsidiaries contribution Fleet The Fleet is Expanding to meet growing transportation demand across Saudi Arabia Fleet Growth Objectives Our fleet, which is a combination of both Ostool and Imdad Q1 2024 Q1 2025 +77% companies, not only supports our core business operations but T
Slide 14: 2024 YE & Q1 2025 Financial Results
DP SASCO 2024 YE& Q1 2025 Finan Results
Slide 15: Q1 2025 Income Statement
Q1 2025 Financial Results | Income Statement REVENUE OPERATING PROFIT 2,760.00 2,453.00 48.00 49.00 Q1 2024 Q1 2025 Q1 2024 Q1 2025 NET PROFIT EBITDA 85.30 88.00 10.60 4.30 Q1 2024 Q1 2025 Q1 2024 Q1 2025 All figures are in (Millions) Saudi Arabia, Riyals
Slide 16: YE 2024 Income Statement
YE 2024 Financial Results | Income Statement REVENUE OPERATING PROFIT 266.45 10,186.57 9,112.93 173.77 2023 2024 2023 2024 NET PROFIT EBITDA 380.50 358.70 114.55 44.21 2023 2024 2023 2024 All figures are in (Millions) Saudi Arabia, Riyals
Slide 17: Q1 2025 Revenue
Q1 2025 Financial Results | Revenue Retail & Operations Total Revenue* Total Fuel Volume Total 9,834 Diesel Other 8,859 0.74 28% Other 26 Fuel Revenue Fuel Revenue 2,279 2,542 1.4 95 2,760 Billion liter 26% 2,453 91 Leasing 46% Leasing Revenue Revenue 109 74 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Fuel Sale
Slide 18: YE 2024 Revenue
YE 2024 Financial Results | Revenue Total Revenue* Retail & Operations Leasing Fuel Volume Revenue Diesel 305 26% 10,187 Leasing Revenue 9,113 286 6 95 Fuel Revenue billion liter 24% 91 9,413 50% Fuel Revenue 8,497 2023 2024 2023 2024 Fuel Sales In Liters (Million Liters) Other Subsidiaries’ Revenue
Slide 19: Q1 2025 Gross Profit
Q1 2025 Financial Results | Gross Profit Retail & Operations Total Gross Profit 66 62 2.8% Q1 2024 Q1 2025 76 74 Other Subsidiaries’ Gross Profit Fleet Fleet 87.5% 5.1 Q1 2024 Q1 2025 2.8 9.8% SATA SATA 4.6 4.2 Palm Palm 2.6 11.5% 2.9 Q1 2024 Q1 2025 All figures are in (Millions) Saudi Arabia, Riyal
Slide 20: YE 2024 Gross Profit
YE 2024 Financial Results | Gross Profit Retail & Operations Total Gross Profit 269 243 2023 2024 301 290 Other Subsidiaries’ Gross Profit Fleet 12 Fleet 2023 2024 SATA 9 19 SATA 10 Palm Palm 12 15 2023 2024 All figures are in (Millions) Saudi Arabia, Riyals
Slide 21: Q1 2025 Net Profit
Q1 2025 Financial Results | Net Profit TOTAL 12.8 Reported net profit declined sharply from SAR 12.8M in Q1 2024 to SAR 5.6M in Q1 2025, a drop of 59%, The TOTAL decrease is primarily attributed to the absence of one- 5.6 off gains related to fair value changes in financial 12.8 investments and divi
Slide 22: YE 2024 Net Profit
YE 2024 Financial Results | Net Profit • 2023 reported Net profit of SAR 114.5M included SAR 70.3M in non-cash revaluation gains. TOTAL 114.5 • 2024 figure of SAR 44.2M included SAR 19.7M from non- realized investment gains and a SAR 21.3M fair value loss. • After adjusting for these one-offs, the c
Slide 23: Q1 2025 Capital Investment & Cash Flow
Q1 2025 Financial Results | Capital Investment & Cash Flow Free Cash Flow Operating Cash Flow Cash & Cash Equivalents CapEx 95 84 179.256 310.9 70 125.72 56 129.4 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 All figures are in (Millions) Saudi Arabia, Riyals
Slide 24: YE 2024 Capital Investment & Cash Flow
YE 2024 Financial Results | Capital Investment & Cash Flow Free Cash Flow CapEx Operating Cash Flow Cash & Cash Equivlents 278.07 373 650.9 260 133.44 129.36 503 243 2023 2024 2023 2024 2023 2024 2023 2024 All figures are in (Millions) Saudi Arabia, Riyals
Slide 25: Balance Sheet Components and Debt Structure
Financial Results | Balance Sheet Components and Debt structure LI AB I LI TI ES AS S ET S LOANS TOTAL 1,943 T OT AL TOTAL TOTAL 6,874 TOTAL 5,909 TOTAL 6,449 5,490 1,678 4,107 1,651 3,829 6,003 5,852 1,464 1,661 1,802 292 597 871 213 YE 2024 Q1 2025 YE 2024 Q1 2025 YE 2024 Q1 2025 Current Assets No
Slide 26: EBITDA
Financial Results | EBITDA Accumulated EBITDA 3.66% 3.90% 3.84% 3.67% 4.23% 3.56% 3.54% 3.48% 3.44% 3.49% 3.52% 3.18% 1.05% 39.10 122.30 198.50 306.46 85.23 163.56 240.11 385.76 85.40 170.05 264.48 358.70 87.72 3M 6M 9M 12M 3M 6M 9M 12M 3M 6M 9M 12M 3M 2022 2023 2024 2025 EBITDA EBITDA Margin Linear
Slide 27: Ratios
Financial Results | Ratios 5.0% 5.4% 5.2% 4.0% 2.0% 0.69% 0.71% 0.53% 0.69% 0.25% Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 ROA ROE 6.92 6.42 6.45 6.46 6.03 0.68 0.39 0.39 0.48 0.36 0.17 0.16 0.16 0.3 0.15 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Debt to equity EPS Current ratio
Slide 28: 2025 Guidance
DP SASCO 2025 Guidance
Slide 29: 2025 Guidance
2025 Guidance Achieved as of 31 Mar 2025
Slide 30: 2024 Guidance
2024 Guidance 172 Palm stores 745 Trucks and trailers »> »> >> >> 2024 Achievements oh 200 Palm stores 952 Trucks and trailers
Slide 31: Appendix
DP SASCO Appendix
Slide 32: Sata And Ostool Consolidated Performance
Sata And Ostool Consolidated Performance for Clarification Purposes Only Pre-Restructure Post-Restructure Ostool Transportation Company Saudi Automobile Association Company Ostool Transportation Company Saudi Automobile Association Company (SATA) figures will be reflected under Ostool Transportation
Slide 33: Thank You
Thank You IR Department Tel +966 11 206 8855 Ext 1113 >, Fax +9661 206 8833 SASCO E-mail: IR@SASCO.COM.SA
Saudi Automotive Services Co. (SASCO) — FY2024 and Q1 2025 Earnings Presentation on 6ix