Ifa Hotels & Resorts Co. (k.s.c.) · KSE:IFAHR
Ifa Hotels & Resorts Co. (k.s.c.) — IFA Hotels & Resorts — Q1 2026 Earnings Presentation
19 slides from Ifa Hotels & Resorts Co. (k.s.c.)'s earnings presentation, May 18, 2026
Slide 1: Supplementary Disclosure to Boursa Kuwait
18 May 2026 2026 مايو18 Boursa Kuwait Company السادة شركة بورصة الكويت املحترمين State of Kuwait دولة الكويت Greetings, ،تحية طيبة وبعد Subject: Supplementary Disclosure – Presentation of افصاح مكمل – العرض التقديمي ملؤتمراملحللين:املوضوع IFA Hotels & Resorts' Q1- 2026 Analyst and Inve
Slide 2: Investor Presentation Q1 2026
INVESTOR PRESENTATION Q1 2026 Quarter Ended 31 March 2026 Building Resilience. Delivering Value. This presentation is for informational purposes only and does not constitute an offer to sell or buy securities.
Slide 3: Disclaimer
Disclaimer This presentation contains forward-looking statements and information that are based on IFA Hotels and Resorts' current expectations, estimates, and projections about the company and the industry in which it operates. These statements are subject to risks, uncertainties, and assumptions t
Slide 4: Agenda
Agenda Company Overview ESG & Governance Q1 2026 Financial Highlights Appendix Business Segment Performance Development Pipeline & Projects IFA Hotels & Resorts · Q1 2026 Investor Presentation Agenda
Slide 5: A Premier Developer & Operator of Luxury Mixed-Use Destinations
01 COMPANY OVERVIEW A Premier Developer & Operator of Luxury Mixed-Use Destinations IFA Hotels & Resorts (IFA HR) is listed on the Boursa Kuwait Premier Market and operates a diversified platform spanning luxury hospitality, branded residences, real estate development, and integrated facility manage
Slide 6: Three Decades of Value Creation
01 TRACK RECORD Three Decades of FY 2025 Value Creation KD 18.6M 1995 Established Highest NP Since 2008 2002 1M sq ft on Palm Jumeirah acquired Dec 2025 2005 Listed on Kuwait Stock Exchange -84% 2007 Legend Golf & Safari Resort acquired Debt Reduction 2010 Fairmont Zimbali opens Q1 2026 2012 Fairmon
Slide 7: Q1 2026 Financial Highlights
02 Q1 2026 FINANCIAL HIGHLIGHTS Q1 2026 Financial Highlights Quarter Ended 31 March 2026 · All figures in KD unless stated Revenue Gross Profit Gross Margin Net Profit 6.89M 3.71M 54% 2.28M KD KD KD +6.1% vs Q1 2025 47.5% vs Q1 2025 +15pp vs Q1 2025 (39%) Continuing operations EPS (Basic) Total Asse
Slide 8: Sustained Revenue Growth & Structural Margin Expansion
02 REVENUE & MARGIN TREND Sustained Revenue Growth & Structural Margin Expansion Quarterly Revenue & Gross Profit (KD) Quarterly Gross Profit Margin (%) 8000000 60 7000000 54 50 6000000 47 45 5000000 40 39 40 4000000 30 3000000 2000000 20 1000000 10 0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 0 Revenue (KD) Gro
Slide 9: Total Profit & Earnings Per Share
02 NET PROFIT & EPS Total Profit & Earnings Per Share Total Profit – Continuing Operations (KD) EPS – Continuing Operations (Fils) 6000000 9 8 8 5000000 4,803,813 7 7 4000000 6 3,587,323 6 5 5 3000000 4 2,465,981 2,283,664 3 2000000 2 1,250,286 2 1000000 1 0 0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q2'
Slide 10: Consolidated Balance Sheet
02 BALANCE SHEET · 31 MARCH 2026 Consolidated Balance Sheet As at 31 March 2026 vs 31 March 2025 (KD) ASSETS EQUITY & LIABILITIES Non-Current Assets 31-Mar-26 (KD) 31-Mar-25 (KD) Equity Mar-26 Mar-25 Investment in Associates & JV 111,654,616 99,868,827 Share Capital 29,118,647 22,928,069 Property, P
Slide 11: Capital Structure & Leverage
02 CAPITAL STRUCTURE & LEVERAGE Capital Structure & Leverage Quarterly Total Borrowings (KD) Total Equity incl. NCI (KD) 12000000 90000000 9,776,534 80000000 77,563,140 79,930,985 10000000 9,115,480 70000000 7,971,871 8000000 7,574,937 7,417,750 60000000 54,290,000 55,000,000 52,140,000 50000000 600
Slide 12: Q1 2026 Business Segment Performance
03 SEGMENT PERFORMANCE Q1 2026 Business Segment Performance INCOME-GENERATING DEVELOPMENT M AN AG E M E N T & AS S E T S P L AT F O R M FEE BUSINESSES Aria Vacation Club Orla – Dorchester Collection Development Mgmt Two new UAE development management contracts secured in Q1 Strong Jan–Feb performanc
Slide 13: ORLA
04 DEVELOPMENT PIPELINE ORLA Dorchester Collection · Palm Jumeirah, Dubai GDV: US $1,230 Million Units: 91 Ultra-Premium Residences Architect: Foster + Partners Operator: Dorchester Collection Plot: 29,000 m² Cumulative Construction Progress 58.31% 3- and 4-bedroom apartments, duplexes, and signatur
Slide 14: ORLA INFINITY
04 DEVELOPMENT PIPELINE ORLA INFINITY Dorchester Collection · Palm Jumeirah Crescent, Dubai GDV: US $429 Million Units: 21Double-Height Duplex Residences Location: Apex of Palm Crescent, Dubai Views: 270° Dubai Skyline & Arabian Gulf Operator: Dorchester Collection Plot: 16,610 m² Cumulative Constru
Slide 15: ZIMBALI LAKES
04 DEVELOPMENT PIPELINE ZIMBALI LAKES Premier Mixed-Use Coastal Estate · KwaZulu-Natal, South Africa R79.8M R417M 11 85% 3M m² $86.4M Q1 2026 FY 2025 Units Under Zimbali Square Total 5-Year Confirmed Sales Marketing Sales Construction Leased Estate Area Total Sales Active Sub-Projects The Ridge Resi
Slide 16: ESG, Sharia Compliance & Governance
05 ESG, SHARIA & GOVERNANCE ESG, Sharia Compliance & Governance SHARIA COMPLIANCE ESG FRAMEWORK GOVERNANCE & RETURNS Completed 2025 Listing Environmental Full transition to Sharia-compliant business model achieved — a Boursa Kuwait Premier Market strategic milestone for the Group. Zimbali Lakes cons
Slide 17: Consolidated Statement of Profit & Loss · Q1 2026 vs Q1 2025 (KD)
06 APPENDIX — CONSOLIDATED P&L Consolidated Statement of Profit & Loss · Q1 2026 vs Q1 2025 (KD) Line Item Q1 2026 (KD) Q1 2025 (KD) Revenue 6,885,572 6,488,332 Cost of Revenue (3,178,365) (3,974,312) Gross Profit 3,707,207 2,514,020 Net Income from Ticket Sales 84,784 93,637 Change in Fair Value –
Slide 18: Current Portfolio Overview
06 APPENDIX — CURRENT PORTFOLIO Current Portfolio Overview Anchored in three strategic pillars — Operating assets, premium developments, and management fees Region Project / Entity Type Status Value / Size UAE Orla – Dorchester Collection Development 58.31% complete US$1,230M UAE Orla Infinity – Dor
Slide 19: Investor Relations and Leadership
Q1 2026 INVESTOR PRESENTATION Building Resilience. Delivering Value. INVESTOR RELATIONS LEADERSHIP IR@ifahotelsresorts.com Khaled Esbaitah Chairman www.ifahotelsresorts.com Werner Berger Boursa Kuwait: IFAHR Chief Executive Officer Numan M. Numan Chief Financial Officer Heba Jaber Board Secretary &