Meeza Qstp Llc · QSE:MEZA
Meeza Qstp — Q1 2026 Earnings Presentation
17 slides from Meeza Qstp's earnings presentation, Apr 29, 2026
Slide 1: Q1 2026 Earnings Call
Q1 2026 Earnings Call 29 April 2026
Slide 2: Disclaimer
This presentation has been prepared by MEEZA QSTP LLC (Public) (the Company) for informational purposes only. Neither this presentation, nor any part of it, may be relied on in connection with, or act as an inducement to, or otherwise as the basis for entering into any contract or commitment whatsoe
Slide 3: Overview
01 Overview MZA Earnings Presentation 29 Apr 2026 3
Slide 4: Q1 2026 Highlights
Q1 2026 Highlights Strong revenue growth and Data Center expansion momentum Growth Drivers Q1 Financial Results Operational Highlights MV4 expansion construction +22% YoY Revenue growth Business continuity completed and testing & to QR 104.7 million activation for staff and commissioning ongoing, wi
Slide 5: Qatar's Leading Data Center Portfolio
Qatar’s Leading Data Center Portfolio Tier-III Data Centers located in Doha & Um Garn with active pipeline DC Capacity Growth (MW) Current DC Capacity by M-VAULT (MW) 62 24 52 16 28 22 8 13 14 14 14 14 6 8 4 1 2 1 TBA 2020 2021 2022 2023 2024 2025 2026F 2027F 2028F 2029F MV1 MV2 MV3 MV4 MV5 MV6 MV7
Slide 6: Financial Results
02 Financial Results MZA Earnings Presentation 29 Apr 2026 6
Slide 7: Q1 2026 Performance vs Q1 2025 Results | Consolidated
Q1 2026 Performance vs Q1 2025 Results | QR m | Consolidated Revenue Expenses* EBITDA Net Profit +22.0% +31.4% +2.0% +5.1% 200.0 200.0 120.0 200.0 104.7 180.0 180.0 180.0 100.0 10.5 160.0 160.0 160.0 85.8 140.0 140.0 140.0 80. 0 12.2 120.0 120.0 120.0 54.6 100.0 100.0 100.0 60. 0 36.8 76.9 80. 0 80.
Slide 8: Q1 2026 Performance vs Q1 2025 Results | Standalone
Q1 2026 Performance vs Q1 2025 Results | QR m | Standalone Revenue Expenses* EBITDA Net Profit +2.8% +3.8% +0.6% +1.2% 200.0 200.0 100.0 200.0 88.2 90. 0 85.8 180.0 180.0 180.0 9.4 12.2 160.0 160.0 160.0 80. 0 140.0 140.0 140.0 70. 0 39.1 120.0 120.0 120.0 60. 0 36.8 100.0 100.0 100.0 50. 0 80. 0 80
Slide 9: Q1 2026 Performance vs Q4 2025 Results | Consolidated
Q1 2026 Performance vs Q4 2025 Results | QR m | Consolidated Revenue Expenses* EBITDA Net Profit -9.2% +4.6% -33.7% -42.8% 200.0 200.0 140.0 200.0 180.0 180.0 115.3 180.0 120.0 104.7 160.0 160.0 160.0 21.9 100.0 10.5 140.0 140.0 140.0 120.0 120.0 120.0 80. 0 100.0 100.0 100.0 55.2 54.6 60. 0 74.6 76
Slide 10: Q1 2026 Performance: Gross Margin and Segments
Q1 2026 Performance vs Q1 2025 Results | QR m | Consolidated Managed, Cloud & Gross Margin Data Centre Solution & MSI Black Arrow Workplace 31.2% 40 39.6% 40. 0 45. 0% 100.0 45. 0% 100.0 45. 0% 100.0 45. 0% 29.7% 40. 0 30. 0% 0 35. 0 35.8% 40. 0% 90. 0 40. 0% 90. 0 40. 0% 90. 0 40. 0% 29.8% 29.8% 35
Slide 11: Financial Performance: Margins Trends
Q1 2026 Financial Performance Margins Trends EBITDA Margin Net Profit Margin 40. 00% 40. 00% 35. 00% 35. 00% 31.1%* 31.9% 30. 00% 32.4% 31.8% 30. 00% 29.8% 26.6% 25. 00% 25. 00% 20. 00% 20. 00% 15.1%* 15. 00% 15. 00% 15.3% 13.9% 13.2% 11.6% 10. 00% 10. 00% 5.00% 7.9% 5.00% 0.00% 0.00% Q1 2022 Q1 202
Slide 12: Financial Performance: Capital Expenditure and ROCE
Q1 2026 Financial Performance Capital Expenditure | QR m CAPEX Return of Capital Employed (ROCE)* 96% 8% 8% 9% 300.0 90. 00% 8% 8% 250.0 7% 207.8 6% 7% 70. 00% 200.0 6% 50. 00% 52% 5% 150.0 30. 00% 15% 4% 100.4 100.0 3% 5% 10. 00% 3% 53.8 2% 50. 0 18.8 -10.00% 14.4 1% 0.0 -30.00% 0% Q1 2022 Q1 2023
Slide 13: Financial Performance: Cash Flow from Operations
Q1 2026 Financial Performance Cash Flow from Operations | QR m Cash generated from Operations* Net Cash / (Debt) 30. 0 200.0 20. 0 17.4 157.2 126.2 150.0 10. 0 6.6 115.0 100.0 0.0 55.0 -10.0 50. 0 -20.0 (12.1) 0.0 -30.0 (34.1) -50.0 -40.0 -50.0 (43.9) -100. 0 (69.9) Q1 2022 Q1 2023 Q1 2024 Q1 2025 Q
Slide 14: | MEEZA
6s | MEEZA
Slide 15: Appendix
Appendix 6s | MEEZA
Slide 16: Acquisition of Black Arrow ("BA")
Acquisition of Black Arrow (“BA”) 51% stake to transition to full digital infrastructure provider Faster Growth Established player with a proven track record by vertical integration & “full stack” offering. BA has been operating in Qatar for over 15 years and Penetration into OT segments is easier v
Slide 17: Thank You
Thank You Threads an instagram app logo shirt X Social Media White Square icon PNG and SVG Vector Free Download QSTP Free Zone Zone 51, Street 2322, Building 115, Unit 204 Tel: +974 4004 0000 Email: info@meeza.net PO Box 892 Fax: +974 4004 0004 Website: meeza.net Doha - Qatar