Arabian Contracting Services Co. · TADAWUL:4071
Arabian Contracting Services — Q3 2023 Earnings Presentation
26 slides from Arabian Contracting Services's earnings presentation, 2023
Slide 1: Earnings Presentation Q3, 2023
Earnings Presentation Q3, 2023
Slide 2: Disclaimer
DISCLAIMER This document has been prepared by alarabia for information purposes only and is not and does not form part of nor should be considered advice, recommendation, offer for sale or solicitation of any offer to subscribe for, purchase or sell any securities, nor shall it or any part of it form
Slide 3: al arabia Chairman & CEO
al arabia Chairman & CEO ABDULELAH Al-KHEREIJI MOHAMMED Al-KHEREIJI CHAIRMAN CHIEF EXECUTIVE OFFICER “al arabia outdoor advertising has always strived to be a “We are keen to maintain the development of international leader in the outdoor advertising sector.” technology in field of advertisement.” 2
Slide 4: al arabia Historical Structure
al arabia Historical Structure ESTABLISHEMENT TRANSFORMATION Started as a Saudi limited liability Al Arabia Initiated the digital company in Riyadh on 3 March 1983, transformation strategy and started to with a share capital of one million Saudi install and operate digital billboards Riyals SAR 1,00
Slide 5: Content
Content al arabia Key Financial Strategy Highlights Performance 4
Slide 6: al arabia Strategy
al arabia Strategy Arabian Contracting Services Company 5
Slide 7: al arabia Strategy
al arabia Strategy Continue to adopt latest technology Expand to new markets and data driven solutions through strategic partnerships Maintain market leadership 6 EARNINGS PRESENTATION Q3 2023
Slide 8: Key Highlights
Key Highlights Arabian Contracting Services Company 7
Slide 9: Key Highlights Q3,2023
Key Highlights Q3,2023 +325 70 % Egypt Dubai Commercial Digitalization Signing a Contract Signing a Contract Campaigns Rate 5,157 23,930 10 Billboards Faces Sponsored Based on contracts Based on contracts CSR Campaigns 8 EARNINGS PRESENTATION Q3 2023
Slide 10: Current Projects
Current Projects Arabian Contracting Services Company 9
Slide 11: Signing Al-Riyadh Project Contract
Signing Al-Riyadh Project Contract ALLO @) The largest investment contract globally within the outdoor advertising industry. CONTRACT 10 The contract duration is 10 years. YEARS ' . ‘ “Fhe number of bi H L aie rAd TU The project methodology constants net revenue sharing or the annual minimum guarant
Slide 12: Signing King Khaled International Airport Contract
Signing King Khaled International Airport Contrac The project methodology constants net r a ry guarantee - whichever is higher. » In the initial year, the project methodology involves net revenue s' ) i, subsequent years, it will be either net revenue sharing or the annual mir Na « »v guarantee - wh
Slide 13: Faden Media Acquisition
Faden Media Acquisition The acquisition value is SAR 1,050,000,000. Increasing and enhancement the market share. Expanding the advertising network in the western region. 12 EARNINGS PRESENTATION Q3 2023
Slide 14: Key Highlights: New Contracts, Saudi Arabia
Key Highlights The number of new contracts during Nine Months of 2023 Kingdom of Saudi Arabia Number Number Number of Number Region Contracts Value * Region Contracts Value * of Contracts of Billboards Contracts of Billboards Western Region 1 25 1,782 Western Region 4 123 22,250 Eastern Region 3 6 5
Slide 15: Key Highlights: New Contracts, Egypt
Key Highlights The number of new contracts during Nine Months of 2023 (as of 31 Dec 2022) with some amendments on the contract Egypt Number Number Contracts Value * Region of Contracts of Billboards (Egyptian Currency) Cairo 9 54 482,850 Giza 1 1 8,253 The North Coast 1 12 33,350 (City of El Alamein
Slide 16: Key Highlights: New Contracts, UAE
Key Highlights The number of new contracts during Nine Months of 2023 United Arab Emirates Number Number Contracts Value * Region of Contracts of Billboards (UAE Currency) Dubai 1 75 5,508 Total 1 75 5,508 * Figures are in (Thousands) Distribution of billboards to the place of advertisement Distribu
Slide 17: Billboards and Faces (As Contracts)
Billboards and Faces (As Contracts) Billboards and Faces Updated Until 30 September 2023 Number of Billboards Number of Faces TYPE Saudi Arabia UAE * Egypt Saudi Arabia UAE * Egypt Digital 1,722 75 32 16,805 750 320 Static 3,435 75 35 7,125 75 70 Total 5,157 75 67 23,930 825 390 70% DIGITALIZATION *
Slide 18: Financial Performance
Financial Performance Arabian Contracting Services Company 17
Slide 19: Income Statement Highlights
Income Statement Highlights Key Figures (SAR Thousand) Q3 2023 Q3 2022 Change (%) Revenue 303,993 257,719 18% Gross Profit 123,140 106,052 16% Operating Profit 92,964 85,490 9% Net Profit 62,934 65,889 -4% *Adjusted Net Profit 63,050 67,313 -6% * Profit after adding the one-offs during the period. 1,200,0
Slide 20: Income Statement Highlights
Income Statement Highlights Revenue Net Profit 150,000 400,000 300,000 100,000 303,993 200,000 18% 257,719 65,889 50,000 62,934 100,000 -4% 0 0 Q3 2022 Q3 2023 Q3 2022 Q3 2023 EBIT *EBITDA 300,000 150,000 250,000 200,000 100,000 7% 98,718 92,523 150,000 89,106 6% 84,289 50,000 100,000 0 0 Q3 2022 Q3
Slide 21: Income Statement Highlights
Income Statement Highlights Revenue Net Profit 1,000,000 300,000 900,000 910,675 200,000 600,000 13% 808,755 238,796 23% 193,573 300,000 100,000 0 0 Nine Months Nine Months Nine Months Nine Months of 2022 of 2023 of 2022 of 2023 EBIT *EBITDA 400,000 400,000 300,000 300,000 30% 344,170 200,000 316,271
Slide 22: Net Profit
Net Profit 238,796 193,573 65,889 62,934 2,955 45,223 Q3 2022 Q3 2023 Nine Months Nine Months of 2022 of 2023 Arabian Contracting Services Co. recorded a net profit after zakat and tax amounting to Arabian Contracting Services Co. achieved a net profit of SAR 238.8 Million during the SAR 62.9 Million d
Slide 23: Working Capital & Loans From Banks
Working Capital & Loans From Banks Working Capital Loans From Banks as of 30 Sep as of 30 Sep 358,285 257,645 530,844 358,758 172,086 100,640 2022 2023 2022 2023 The working capital increased as of Sep 30, 2023, to SAR 530.8 Million compared to the same period of the previous year, this is due to th
Slide 24: Revenue By Segment
Revenue By Segment 2% 4% 94% 303,993 257,719 Outdoor Advertising Indoor Advertising Printing Q3 2022 Q3 2023 The outdoor advertising revenues for Q3 2023 amounted to SAR 286.5 Million compared to SAR 240.8 Million for the similar quarter of the previous year, with an increase of 19%. The Indoor adve
Slide 25: Other Financial Highlights
Other Financial Highlights Financial Indicators as of Market Share 30 September 2023 More than CAGR - 2 Years 35.4% ROAA 9% 62.3% Foreign investor’s ownership percentage In less than 2 years of listing, the company's performance ROAE ROR were attractive to local and foreign investors. 26% 26% al ara
Slide 26: www.al-arabia.com
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Arabian Contracting Services Co. (al arabia) — Q3 2023 Earnings Presentation on 6ix