Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q4 2023 Earnings Presentation
32 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2024
Slide 1: AWPT Earning and Business Presentation Q4 2023 FY 2023
AWPT Earning and Business Presentation Q4 2023 FY 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Alkhorayef Water & Power Technologies (AWPT) and reflects the management’s current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties. Some of the statements in this presentation constitute
Slide 3: CEO Message - Performance driven
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven Allow me to express our excitement to meet again and share with you AWPT’s performance and achievements in- light of the great water sector opportunities announced recently. At Alkhorayef Water and Power Technologies, w
Slide 4: CEO Message - Performance driven – Continued
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven – Continued On the financial side as at 12M 2023, company revenue grew by 108% compared to same period previous year, gross profit grew by 40% at a margin of 15.4%, with net income before zakat growth of 33% at Sar 155.
Slide 5: AWPT Key Figures
AWPT Key Figures AWPT at a glance KEY FACTS AND FIGURES AWPT is a market leader in the Kingdom's water and wastewater sector, with a long-standing history of successful operations across the country. Established Population served 1985 Over 26.5 million Ranked 14th global water company by GWI, a high
Slide 6: AWPT Activities Across Full Value Chain of Water & Wastewater
AWPT Activities Across Full Value Chain of Water & Wastewater DELIVERY MODEL AWPT'S COVERAGE ACROSS MULTIPLE DIMENSIONS 1,124,792 AWPT offering and Construction Desalination Water Treatment capabilities (EPC) We offer integrated services along the entire Operation & Maintenance Water Transmission Wa
Slide 7: The Water Segment
The Water Segment Our Water segment includes water withdraw and treatment services and water networks services 1,124,792 Water withdraw and treatment encompasses: • Water Treatment Plants – Engineering, procurement, rehabilitation, construction and O&M of large capacity and centralized sea water and
Slide 8: The Wastewater Segment
The Wastewater Segment Our Wastewater segment includes wastewater treatment services and wastewater networks services Wastewater treatment encompasses: • Sewage Wastewater Treatment Plants - Engineering, procurement, execution, commissioning, upgrading and rehabilitating of advanced large-scale plan
Slide 9: The Integrated Water Solutions Segment
The Integrated Water Solutions Segment Our Integrated Water Solutions segment includes stormwater networks services, city management services and water management services Stormwater networks encompasses: • Stormwater Network - Engineering, procurement, execution, commissioning, upgrading, rehabilit
Slide 10: Strong presence across the water value chain in O&M and Project Services
Through its long operational history, AWPT has established strong presence across the water value chain in O&M and Project Services Average Revenue Sea Water Dams Ground Water Contribution Sub-segments (2018 – 2023) 1 Water 1 1 Water supply and treatment 23% Desalination Treatment Upstream 2 Water n
Slide 11: Extensive local knowledge and geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Hail 8 projects Alhudud Ashimaliyah 2 workshops 3 projects Qassim 1 workshops 10 projects Tabuk 1 workshops 1 projects Riyadh 1 workshops 22 projects Almadinah 6 workshops 8 projects E
Slide 12: Executive Summary for AWPT Performance – Q4 2023
Executive Summary for AWPT Performance – PTD Q4 2023 Vs Q4-2022 & Vs Q3-2023 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance PTD Q4 2023 PTD Q4 2022 YoY % PTD Q4 2023 PTD Q3 2023 YoY % Statement of Profit or Loss Actual Actual Actual Actual Financia
Slide 13: Executive Summary for AWPT Performance – YTD FY 2023 Vs 2022
Executive Summary for AWPT Performance – YTD FY 2023 Vs 2022 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance YTD Dec 2023 YTD Dec 2022 YoY % Statement of Profit or Loss Actual Actual Change Financial Performance Revenue 1,709.27 822.03 108% • Full Y
Slide 14: Revenue Backlog FY 2023
Revenue Backlog FY 2023 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 Backlog 6,997 8,878 1,124,792 44% million Saudi Riyals 2,741 3,577 1,695 56% 1,078 1,641 806 764 1,106 543 494 658 400 582 839 497 483 319 Revenue Recognized New Contracts / Change Orders Backlog Projects Development Revenue backlog —
Slide 15: Backlog Recognition as of FY 2023
Backlog Recognition as of FY 2023 Revenue Recognized - The company is projecting a record-breaking year in 2024 with revenue of 2.2 bsar. This FY 2023 FY 2024 guidance LT outlook is followed by healthy contributions from existing projects in 2025 (1.3 bsar) and 2026 (1.0 Backlog 8.8 bln SAR 8+ bln S
Slide 16: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog Diversification Maintaining a Versatile and Revenue and Backlog by Segment SAR'000 Dec-22 Dec-23 Backlog (Dec 23) Comprehensive Operations Water segment • Maintained revenue diversification segment and subsegment wise across the full value chain W
Slide 17: IWTP2 Project Overview: Rayis-Rabigh (Awarded)
IWTP2 Project Overview : Rayis-Rabigh (AWARDED) Project Timetable Project Name Rayis-Rabigh IWTP Tariff SAR 1.25678 / m3 Ministry of Finance Project Capacity / Length 500,000m3/day / 150km 35 years from the Project Commercial Operation WTA Term Date (“PCOD”) COBRA AWPT Credit Support SPV, EPC Compan
Slide 18: Long Term O&M Contracts for STP Package #5 – Manfouha
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #5 – Manfouha (AWARDED) Project Overview The project consists of three existing sewage treatment plants in the Riyadh area namely the Manfouha North, Manfouha East, Manfouha 4 with total treatment capacity of 700,000 m3/day, the three STPs
Slide 19: Long Term O&M Contracts for STP Package #6 - Heet and Al-Hayer
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #6 - Heet and Al-Hayer (AWARDED) Project Overview The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,000 m3/d
Slide 20: Package #6 Financial Close Progress
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #6 - Heet and Al-Hayer (AWARDED) Financial Close Progress The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,
Slide 21: IWTP4 Project Overview: Jubail-Buraidah (Under Submission)
IWTP4 Project Overview : Jubail-Buraidah (UNDER SUBMISSION) Project Timetable Project Name Jubail Buraidah IWTP Project Capacity / Length 650,000m3/day / 150km Ministry of Finance 35 years from the Project Commercial Operation WTA Term Date (“PCOD”) SPV, EPC Company and O&M Company Shares COBRA 37.5
Slide 22: Revenue by Segment and Contract Type
Revenue by Segment and Contract Type Revenue by Segment (SAR MN) Revenue by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 822 1709 569 822 1709 318 569 521 256 423 521 423 923 275 1135 168 89 118 193 76 178 177 80 131 101 354 116 786 216 254 274 654 420 489 3
Slide 23: Margins: Gross Profit by Segment and Contract Type
Topline growth met with improving profitability margins Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) O&M Project Services Water Wastewater Integrated Water Solution 187 262 187 151 151 262 143 143 34 119 119 31 136 37 59 22 9 22 21 9 31 34 60 50 197 50 150 122 129 126 97 8
Slide 24: Topline growth met with improving profitability margins
Topline growth met with improving profitability margins EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA 14% Net Income 155 21% 244 25% 22% 9% 14% 114 117 111 26% 173 22% 92 133 137 20% 109 14% 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Investor Presentation: Alkhorayef Water and Power
Slide 25: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 330 538 Balance Sheet (SAR MN) 321 204 398 Equity 154 203 1,372 Non-Current Liabilities 356 Current Liabilities 75 960 294 866 49 123 67 107 Non-Current Assets 41 215 597 586 473 84 Current Assets 344 339 36 288 229 155 170 Key Ratios Uni
Slide 26: AWPT strategically positioned to thrive in KSA's evolving water market
As a local champion, AWPT is strategically positioned to thrive in KSA’s evolving water market Strengthen leadership position in O&M Services, with focus on newly floated long-term O&M (LTOM) projects and city management projects Strategic Objectives Expand in Project Services for critical infrastru
Slide 27: Saudi Arabia Water and Wastewater Projects Pipeline – NWC
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) Five Years Projects Plan AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwater City man
Slide 28: Saudi Arabia Water and Wastewater Projects Pipeline – SWPC
Saudi Arabia Water and Wastewater Projects Pipeline Saudi Water Partnership Company (SWPC) – Future Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwater City
Slide 29: Targeting expansion in the wastewater sector and privatization projects
AWPT is targeting to expand its presence in the wastewater sector and enter the new privatization projects independent sewage collection networks and treatment plants AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Water supply & treatment Water netwo
Slide 30: Targeting expansion in the water sector and IWTP market
AWPT is targeting to expand its presence in the water sector and enter the independent water transmission pipelines IWTP market via a strategic partnership AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Water supply & treatment Water networks WW trea
Slide 31: Saudi Arabia Water and Wastewater Projects Pipeline – WTTCO
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Future Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwate
Slide 32: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer Chief Strategy and Performance Officer
Alkhorayef Water & Power Technologies — Q4 2023 Earnings Presentation on 6ix