Arabian Contracting Services Co. · TADAWUL:4071
Arabian Contracting Services — FY2023 Earnings Presentation
29 slides from Arabian Contracting Services's earnings presentation, 2024
Slide 1: Earnings Presentation FY2023
Earnings Presentation FY2023
Slide 2: Disclaimer
DISCLAIMER This document has been prepared by al arabia 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 FY2023
Slide 8: Key Highlights
Key Highlights Arabian Contracting Services Company 7
Slide 9: Key Highlights FY2023
Key Highlights FY2023 Riyadh Project KKIA Project Faden Media SCAI Signing a Contract Signing a Contract Completion the Acquisition Signing a Consortium Quality of Life Jabal Omar Boulevard World Program Project Project Egypt Signing a Memorandum Signing a Contract Signing a Contract Signing Contrac
Slide 10: Key Highlights: New Contracts, Saudi Arabia
Key Highlights The number of new contracts during 2023 Kingdom of Saudi Arabia Region Number Number Region Number of Number Contracts Value * Contracts Value * (Outdoor) of Contracts of Billboards (Indoor) Contracts of Billboards Western Region 1 25 1,782 Western Region 5 179 16,000 Eastern Region 3
Slide 11: Key Highlights: New Contracts, Egypt
Key Highlights The number of new contracts during 2023 (as of 31 Dec 2022) with some amendments on the number of billboards in the contracts and with a new indoor contract Egypt Region Number Number Contracts Region Number Number Contracts (Outdoor) of Contracts of Billboards Value * (Indoor) of Con
Slide 12: Key Highlights: New Contracts, UAE
Key Highlights The number of new contracts during 2023 United Arab Emirates Region Number Number Contracts (Outdoor) of Contracts of Billboards Value * Dubai 1 75 5,508 Total 1 75 5,508 * Figures are in (Thousands) UAE Distribution of billboards to the place of advertisement Distribution of billboar
Slide 13: Billboards and Faces (As Contracts)
Billboards and Faces (As Contracts) Billboards and Faces Updated Until 31 December 2023 Number of Billboards Number of Faces TYPE Saudi Arabia UAE * Egypt Saudi Arabia UAE * Egypt Digital 3,306 75 60 33,060 750 600 Static 2,111 75 602 4,222 75 1,204 Total 5,417 75 662 37,282 825 1,804 89% DIGITALIZA
Slide 14: Current Projects
Current Projects Arabian Contracting Services Company 13
Slide 15: Signing Al-Riyadh Project Contract
Signing Al-Riyadh Project Contract The largest investment contract globally within the outdoor advertising industry. The contract duration is 10 years. The number of billboards is up to 3,000 fully digital billboards. 4 Revenue Streams. The project methodology constants net revenue sharing or the an
Slide 16: Signing King Khaled International Airport Contract
Signing King Khaled International Airport Contract The contract duration is 10 years. The number of billboards is 525 fully digital billboards. The project methodology constants net revenue sharing or the annual minimum guarantee - whichever is higher. In the initial year, the project methodology in
Slide 17: 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. The completion of the full acquisition of Faden Media. Awarded two projects offered by Ramat Al-Riyadh Company for establishing, op
Slide 18: Signing Boulevard World Project Contract
Signing Boulevard World Project Contract Boulevard World is one of the entertainment areas in Riyadh City that includes various experiences from 10 countries around the world, also includes the largest artificial lake, and it is one of the areas affiliated with the Riyadh Season activities with a capac
Slide 19: Signing Jabal Omar Project Contract
Signing Jabal Omar Project Contract Jabal Omar project is considered one of the most significant integrated real estate development projects and investments in Makkah which aims to develop and manage areas overlooking the sacred precinct and contribute to their revitalization. Offered by Jabal Omar De
Slide 20: Signing Masar Masterplan Agreement
Signing Masar Masterplan Agreement Masar Makkah is one of the major development projects in Makkah Al-Mukarrama and it aims to create destinations with a civilized and exemplary design, considering the culture and authenticity of the Holy City of Makkah to become a main gateway route leading to the
Slide 21: Establishing of Al Arabia OOH Digital Company in UAE
Establishing of Al Arabia OOH Digital Company in UAE Al Arabia OOH Digital Company is jointly owned by Al-Arabia Out of Home Advertising Company (a subsidiary owned 100% by Arabian Contracting Services Co.) with 60% ownership, Mawaqie Company (a Saudi Company) with 10% ownership and an Emirati partn
Slide 22: Financial Performance
Financial Performance 21
Slide 23: Income Statement Highlights
Income Statement Highlights Key Figures (SAR Thousand) FY2023 FY2022 Change (%) Revenue 1,279,860 1,126,182 14% Gross Profit 598,171 486,989 23% Operating Profit 451,767 383,960 18% Net Profit 318,237 274,700 16% *Adjusted Net Profit 320,451 308,146 4% * Profit after adding the one-offs during the period.
Slide 24: Income Statement Highlights
Income Statement Highlights Revenue Net Profit 1,300,000 500,000 1,000,000 400,000 1,279,860 700,000 300,000 14% 1,126,182 318,237 16% 274,700 400,000 200,000 0 0 FY2022 FY2023 FY2022 FY2023 EBIT EBITDA* 500,000 500,000 400,000 400,000 33% 494,209 300,000 300,000 456,389 372,796 341,285 34% 200,000 2
Slide 25: Working Capital & Loans From Banks
Working Capital & Loans From Banks Working Capital Loans From Banks as of 31 Dec as of 31 Dec 1,468,000 1,119,084 445,062 238,591 348,916 206,471 2022 2023 2022 2023 The working capital increased as of Dec 31, 2023, to SAR 445.1 Million compared to the previous year, this is due to the increase in t
Slide 26: Revenue By Segment
Revenue By Segment 2% 7% 91% 1,279,860 1,126,182 Outdoor Advertising Indoor Advertising Printing FY2022 FY2023 The outdoor advertising revenues for FY2023 amounted to SAR 1.164 Billion compared to SAR 1.046 Billion for the previous year, with an increase of 11%. The Indoor advertising revenues for F
Slide 27: Other Financial Highlights
Other Financial Highlights Financial Indicators as of Market Share 31 December 2023 More than EBIT % 36% EBITDA % 39% 62.3% Foreign investor’s ownership percentage During 2 years of listing, the company's performance ROAA ROAE were attractive to local and foreign investors. 8.85% 33% al arabia, has
Slide 28: Other Financial Highlights: FY2024 Guidance
Other Financial Highlights al arabia is committed to transparency and wishes to address any inquiries relating to the effects of recently executed contracts on the company's performance and investor outlook. It is crucial to understand that these are forward-looking statements, which by their nature
Slide 29: www.al-arabia.com
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