Dubai Taxi Co. Pjsc · DFM:DTC
Dubai Taxi Co. Pjsc — Dubai Taxi Company PJSC — 9M 2025 Earnings Presentation
27 slides from Dubai Taxi Co. Pjsc's earnings presentation, Sep 30, 2025
Slide 1: DTC Earnings Presentation
DTC EARNINGS PRESENTATION For the nine-month period ended 30 September 2025 1
Slide 2: Disclaimer
DISCLAIMER Dubai Taxi Company PJSC (“DTC” or the “Company”) has prepared this presentation (“Presentation”). DTC bases its information on sources considered reliable; however, it does not assure its accuracy or completeness. While this presentation may contain projections and forward-looking stateme
Slide 3: Agenda
AGENDA 1 Key Highlights 2 Operational Performance 3 Financial Review 4 Closing Remarks 5 Q&A 3
Slide 4: Key Metrics – 9M 2025
KEY METRICS – 9M 2025 Strong operational and Revenue EBITDA Net Profit financial performance AED AED AED 1,799 486 265 mn mn mn 13% 13% 13% 19% 7% 19% Reported LFL Reported LFL Reported LFL Fleet Size (1) Total Drivers (1) Total Trips (2) 10,500 18,213 39.6 mn 19% YoY 3% YoY 11% YoY Note: (1) Across
Slide 5: Key Highlights in 9M 2025
KEY HIGHLIGHTS IN 9M 2025 DTC and Kabi entered into a strategic alliance, deploying 9,800+ taxis through integration via Bolt and Zed e-hailing platforms Unlocking talabat and Bolt entered into a strategic partnership, offering exclusive discounts Value With on Bolt rides to talabat pro subscribers
Slide 6: Capitalising on Favourable Macro Trends
CAPITALISING ON FAVOURABLE MACRO TRENDS Organic growth across all segments underpinned by favourable macro fundamentals Robust Macroeconomic Outlook Leading Tourist Destination with World’s Busiest Airport Dubai welcomed 12.5 million international visitors from January to August this year, an increa
Slide 7: Operational Performance
OPERATIONAL PEFORMANCE 7
Slide 8: Robust Operational Performance
ROBUST OPERATIONAL PERFORMANCE Fleet Size Number of Trips (Million)1 10,500 13.1 12.3 8,793 11.7 2,447 7,385 1,544 1,183 707 1,152 655 1,075 437 387 5,660 6,215 5,216 Q3 23 Q3 24 Q3 25 Q3 23 Q3 24 Q3 25 Taxi Limousine Bus Delivery Bike Strong fleet expansion across all vehicle segments, Consistent g
Slide 9: Unlocking Value with Bolt Partnership
UNLOCKING VALUE WITH BOLT PARTNERSHIP Ongoing improvement in operational performance App Downloads Cars Registered (1) Fleet Partners 652k 27k 277 Strong operational momentum in Q3 2025, driven by a 47% Average ETA increase in cumulative app downloads and a 21% increase in car registrations since la
Slide 10: 9M 2025 Financial Review
9M 2025 a FINANCIAL REVIEW = =
Slide 11: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue EBITDA AED million AED million % ∆ YoY Margin 15.4% 12.6% % ∆ YoY 24.2% 23.1% 27.1% 27.0% 12.5% 25.9% 1,801.7 14.9% 12.8% 26.5% 28.6% 25.7% 19.2% 515.5 1,798.8 583.1 1,596.9 154.6 432.2 486.3 507.4 585.3 123.0 151.4 Q3 24 Q3 25 9M 24 9M 25 Q3 24 Q3 25 9M 24 9M 25 Net Pro
Slide 12: Growing Revenue Across Segments
GROWING REVENUE ACROSS SEGMENTS Taxi Limousine Factors driving Revenue performance 87% CONTRIBUTION 5% CONTRIBUTION during Q3 and 9M 2025: AED million AED million 3.9% Taxi 12.3% Revenue increase driven by the expansion of 1.1% our fleet, which enabled higher service 11.8% 89.1 92.6 capacity, while
Slide 13: Delivering Solid Core Gross Profit
DELIVERING SOLID CORE GROSS PROFIT Taxi Limousine Factors driving Gross Profit AED million AED million performance during Q3 and 9M 2025: 20.1% 21.4% 21.4% 24.8% 16.6% 11.2% 17.49% 7.7% 30.2% -54.2% Taxi Improved profitability resulted primarily from -31.6% revenue increase as well as certain cost 1
Slide 14: Disciplined Cost Management
DISCIPLINED COST MANAGEMENT Total Operating Expenses Breakdown Commentary on operating expenses during Q3 2025: 488 Staff costs 434 11 Represented the majority of expenses during 75 the year amounting to 33% of total expenses, 11 Other G&A and increasing by 18% YoY driven by higher 66 17 Other Direc
Slide 15: Robust Improvement in Profitability and Earnings
ROBUST IMPROVEMENT IN PROFITABILITY AND EARNINGS Factors driving EBITDA EBITDA performance during the period: EBITDA Margin AED million 78 25.9% 24.2% EBITDA increased by 23.1% YoY to AED 151 million (33) 151 (11) (5) (0) in Q3 2025 driven by a significant increase in trips 123 and revenue, coupled
Slide 16: Healthy Balance Sheet
HEALTHY BALANCE SHEET Balance Sheet – 30 Sept 2025(1) Net Debt Balance Sheet highlights: Net Debt / LTM EBITDA AED million Total: AED 2,320.9 million Other 7% Solid Balance Sheet 14% Due to Related Cash & Cash 6% Parties Cash balance of AED 68 million as at 30 Equivalents 1.2x 1.2x 1.5x September 20
Slide 17: Attractive Dividend Profile
ATTRACTIVE DIVIDEND PROFILE Dividends (AED Million) Payout Ratio (% of Net Income) Dividend policy with semi-annual dividend distributions to 85% 85% 85% shareholders Targeting dividend distribution of at least 85% of annual net profit 159.3 160.7 122.3 H1 2024 H2 2024 H1 2025 Reflects expectation o
Slide 18: Closing Remarks
CLOSING REMARKS 18
Slide 19: Summary
SUMMARY Positive Macro Taxi Market Leader, Robust Financial Multiple Strategic Attractive Environment e-hailing Powerhouse Performance Levers Dividend Population and Number 1 Taxi Delivering robust New strategy Attractive Dividend tourism growth operator in Dubai by financial performance launched ta
Slide 20: Q&A Session
Q&A SESSION 20
Slide 21: Appendix
APPENDIX 21
Slide 22: Dubai's Flagship Mobility Company
DUBAI’S FLAGSHIP MOBILITY COMPANY Comprehensive mobility solutions across four key segments Dominant Taxi segment market share #1 27% Kabi Taxi services through Limousine with Chauffeur- School and commercial Last-mile delivery Taxi Operator in Dubai (1) large eco-friendly fleet driven luxury vehicl
Slide 23: Bold Strategy Enabling an Ambitious Vision
BOLD STRATEGY ENABLING AN AMBITIOUS VISION Vision The preferred mobility choice for everyone Mission Leading in digital and safe mobility services that meet communities’ needs for convenience, connectivity, and sustainability Strategic Objectives 01. 02. 03. 04. 05. 06. Ensure sustainable Ensure str
Slide 24: Clearly Defined Opportunities
CLEARLY DEFINED OPPORTUNITIES Business Verticals and Strategic Opportunities Taxi Limousine Bus Delivery Digital Additional plates Fleet increases Optimise operations Double down on market Bolt e-hailing platform (with potential share Optimise operations Digital channel growth Loyalty program restru
Slide 25: Delivering Growth Sustainably
DELIVERING GROWTH SUSTAINABLY Largest environmentally RTA’s ESG Strategy friendly fleet in Dubai Hybrid / electric vehicles as a % of Total Fleet (Taxi and limousine) Taxi Fleet Net Zero Environment 100% 0 >88% 100% Environmentally- Emissions in public Current Targeted Friendly transportation by Ahe
Slide 26: Taxi Tariff Trends
TAXI TARIFF TRENDS Per KM fare (AED) +11% since IPO (Airport) Steady Fare Increases Implemented +8% since IPO (City) RTA introduced incremental taxi tariff The RTA has been reviewing taxi tariffs every two months based increases, including a 7 fils adjustment in July on prevailing fuel prices, and e
Slide 27: For enquiries, please contact Investor Relations
For enquiries, please contact Investor Relations ir@dtc.gov.ae 27
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