Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q3 2023 Earnings Presentation
29 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2023
Slide 1: AWPT Earning and Business Presentation Q3 2023
AWPT Earning and Business Presentation Q3 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 9M 2023, company revenue grew by 119% compared to same period previous year, gross profit grew by 42% at a margin of 15.7%, with net income before zakat growth of 38% at Sar 122.9
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 Q3) 1 Water 1 1 Water supply and treatment 25% Desalination Treatment Upstream 2 Wate
Slide 11: Extensive local knowledge and geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Hail 6 projects Alhudud Ashimaliyah 2 workshops 3 projects Qassim 1 workshops 9 projects Tabuk 1 workshops 1 projects Riyadh 1 workshops 22 projects Almadinah 6 workshops 7 projects Ea
Slide 12: Executive Summary for AWPT Performance – PTD Q3 2023 Vs Q3-2022 & Vs Q2-2023
Executive Summary for AWPT Performance – PTD Q3 2023 Vs Q3-2022 & Vs Q2-2023 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance PTD Q3 2023 PTD Q3 2022 YoY % PTD Q3 2023 PTD Q2 2023 YoY % Statement of Profit or Loss Actual Actual
Slide 13: Executive Summary for AWPT Performance – YTD Q3 2023 Vs Q3-2022
Executive Summary for AWPT Performance – YTD Q3 2023 Vs Q3-2022 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance YTD Sep 2023 YTD Sep 2022 YoY % Statement of Profit or Loss Q3 2023 YTD Actual Actual Change • Gross profit growth
Slide 14: Revenue Backlog FY 17 – Q3 23
Revenue Backlog FY 17 – Q3 23 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Q3 23 7,585 1,124,792 5,206 million Saudi Riyals 3,577 2,741 1,641 839 1,106 1,078 483 494 658 582 764 -319 -400 -497 -543 -806 -1,197 Direct Revenue New Contracts / Change Orders Backlog Revenue backlog — Backlog above does not inclu
Slide 15: AWPT Guidance FY 23 & Backlog Recognition as of Q3 2023
AWPT Guidance FY 23 & Backlog Recognition as of Q3 2023 — Total backlog as of Q3 23 is SR7.585 B out of which SR142.5 M backlog belongs to AWPT subsidiary ERWAA for MOMC of Riyadh Cluster project FY 2022 FY 2023 guidance LT outlook — ERWAA backlog will not be consolidated with AWPT balance sheet Bac
Slide 16: Revenue and Backlog Segmentation – September 2023
Revenue and Backlog Segmentation – September 2023 Revenue and Backlog Diversification Maintaining a Versatile and Revenue and Backlog by Segment SAR'000 Sep-22 Sep-23 Backlog (Sep 23) Comprehensive Operations Water segment • Maintained revenue diversification segment and subsegment wise across the f
Slide 17: IWTP2 Project Overview : Rayis-Rabigh
IWTP2 Project Overview : Rayis-Rabigh 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 Company and O&M
Slide 18: Long Term O&M Contracts for Sewage Treatment Plant Package #5 - Manfouha
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #5 - Manfouha Project Overview The project consist 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 shall unde
Slide 19: 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 822 822 569 1207 569 738 521 232 521 423 423 199 628 275 168 551 358 89 118 80 193 192 101 84 76 177 776 178 116 131 131 654 579 354 420
Slide 20: Margins
Topline growth met with improving profitability margins Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 190 187 190 187 151 151 33 143 37 59 143 82 119 9 22 134 27 22 134 119 21 17 9 31 43 60 50 34 50 25 130 150
Slide 21: Topline growth met with improving profitability margins
Topline growth met with improving profitability margins EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA 188 Net Income 123 173 114 117 111 133 137 126 92 89 109 2019 2020 2021 2022 Q3 2022 Q3 2023 2019 2020 2021 2022 Q3 2022 Q3 2023 Investor Presentation: Alkhorayef Water and Power Technolog
Slide 22: Balance Sheet
Balance Sheet 323 508 Balance Sheet (SAR MN) 321 398 277 Equity 154 203 1,316 Non-Current Liabilities 356 Current Liabilities 75 294 866 854 49 123 67 107 Non-Current Assets 41 215 597 586 473 84 Current Assets 344 339 36 288 229 155 170 Key Ratios Unit 2018 2019 2020 2021 2022 Q3 2023 RoIC % 38% 40
Slide 23: 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 24: Saudi Arabia Water and Wastewater Projects Pipeline
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 25: Saudi Arabia Water and Wastewater Projects Pipeline
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 26: 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 27: 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 28: Saudi Arabia Water and Wastewater Projects Pipeline
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 29: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer Chief Strategy and Performance Officer
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