Almoosa Health Co. · TADAWUL:4018
Almoosa Health — Q1 2025 Earnings Presentation
30 slides from Almoosa Health's earnings presentation, May 2025
Slide 1: Almoosa Health Q1 2025 Earnings Presentation
Almoosa Health Q1 2025 Earnings Presentation May 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Almoosa Health (the “Company”) for general use only and is not necessarily comprehensive as it has not been independently verified, nor is it considered or constitutes part of any invitation or inducement to engage in any investment activity, nor doe
Slide 3: Presenters & Agenda
Presenters & Agenda Malek Almoosa Chief Executive Officer 1 Business overview 2 Financial review Shailesh Chander Chief Financial Officer 3 Summary and outlook 4 Q&A Yousef Alyousef Investor Relations Officer 3
Slide 4: Business Overview
Business Overview Almoosa Health
Slide 5: Q1 2025 Highlights: Strong overall performance
Q1 2025 Highlights: Strong overall performance Significant comprehensive Revenue Number of Clinics Number of Available Beds growth 323.0 MN 293 730 +16.5% YoY EBITDA1 Net Profit Outpatients Inpatients 73.9 MN 51.1 MN 0.3 M 9.4 K +38.0% YoY +272.5% YoY +5.7% YoY +1.6% YoY Robust growth in acute Enhan
Slide 6: Advancing healthcare knowledge through conferences, accredited programs, and educational campaigns
Advancing healthcare knowledge through conferences, accredited programs, and engaging educational campaigns major specialized professional scientific new fellows 4 conferences 2 development programs 8 clubs 6 across 4 departments focused on Breast accredited by the Saudi Commission for held across v
Slide 7: Delivering on our growth strategy: Medical Centers & Hospitals pipeline update
Delivering on our growth strategy: Medical Centers & Hospitals pipeline update Aziziya Specialist Medical Center Hospital Al-Khobar Al-Hofuf Q3-2025 Q2-2027 Projects yet to start Additional In-progress In-progress Medical Center Al-Ahsa Nakheel Specialist Q2-2027 Medical Center Hospital Al-Ahsa Al-K
Slide 8: A leader in comprehensive healthcare
A leader in comprehensive healthcare Almoosa offers a world-class integrated health system that fosters wellness and healing across the care continuum, enabled by innovation and transformation Primary Care1 Acute Care Post-acute Care Future offerings Al-Khobar Medical Center Rehabilitation Patient A
Slide 9: Financial Review
Financial Review Almoosa Health
Slide 10: Q1 2025 Financial highlights
Q1 2025 Financial highlights 1 +16.5% 45.8 MN MN Q1 2024 Δ% Q1 2025 Recording resilient revenue YoY growth across segments 16.5% Net Revenue 277.2 323.0 2 +38.0% 20.4 MN Robust EBITDA increase YoY 38.0% EBITDA1 53.5 3.6 pp. 73.9 3 +272.5% 37.4 MN (margin) 19.3% 22.9% Strong Net Profit increase YoY 2
Slide 11: Persistent patient and revenue growth driven by strategic expansion and operational efficiency
Persistent patient and revenue growth driven by strategic expansion and operational efficiency Total patient volume (‘000) Revenue ( MN) 323.0 MN +16.5% Net revenue +5.6% 275.5 +16.5% 323.0 261.0 277.2 Q1 2024 Q1 2025 Q1 2024 Q1 2025 175.2 MN +15.7% Net inpatient revenue Outpatient visits (‘000) Inp
Slide 12: All segments contributing to strong performance supported by well-balanced payer mix
All segments contributing to strong performance supported by well-balanced payer mix Revenue by segment 72% 23% 66% Medical Services 21% % Change YoY Rehabilitation 7% +8.1% Q1 2024 +16.5% Q1 2025 Pharmaceuticals +70.1% 11% +26.6% Revenue by payer mix 7% 8% Insurance and corporates 9% 84% 85% 7% % C
Slide 13: Robust profits and margin expansion fueled by operational excellence
Robust profits and margin expansion fueled by operational excellence and low leverage capital structure Gross Profit / Margin ( MN / %) EBITDA1 / Margin ( MN / %) Net Profit / Margin ( MN / %) 28.3% 30.6% 19.3% 22.9% 5.0% 15.8% +25.8% +38.0% 73.9 98.8 51.1 78.5 53.5 +272.5% 13.7 Q1 2024 Q1 2025 Q1 2
Slide 14: Immediate debt settlement enabled by shareholder equity expansion
Immediate debt settlement enabled by shareholder equity expansion resulted in healthy capital structure for Almoosa Health Shareholder Equity / Loan Balance Ratio QTD 2024 QTD 2025 Shareholder Equity 23.9% 76.1% Loan 66.0% Debt / EBITDA 5.8x 1.3x 34.0% March, 31 March, 31 2025 2024 Debt / Equity 1.9
Slide 15: Outlook
Outlook Almoosa Health
Slide 16: Driving operational excellence and enhancing patient experience: Expansion plans
Driving operational excellence and enhancing patient experience: Expansion plans Investments in IT and Digital Strategic Operational Infrastructure and Transformation Achievements Capacity Expansion Enhancing patient access, experience, Departmental reports & 2025 plans Investing in clinical excelle
Slide 17: 2025 & Medium-term guidance
2025 & Medium-term guidance 2024 2025 Medium-term1 Bed count # of Hospitals # of Medical Centers Revenue growth 1,430 beds 4 hospitals 6 Medical Centers 25%− 30% 3 Medical Centers 20%−25% 730 beds 2 hospitals 1 Medical Center 22.8% EBITDA margin Capex Leverage3 25%−30% 3,100MN2 c. 2.0x – 3.0x 20%−25
Slide 18: Q&A
Q&A Almoosa Health
Slide 19: Appendix
Appendix Almoosa Health
Slide 20: Key investment highlights
Key investment highlights Tailwinds Integrated Favorable economic tailwinds boost the Company’s growth position in the defensive 01 02 Offering a complete spectrum of services, from primary care to advanced healthcare market rehabilitation, establishing Almoosa as a leader in comprehensive healthcar
Slide 21: Growing and underpenetrated healthcare sector relative to global benchmarks
Growing and underpenetrated healthcare sector relative to global benchmarks Notable historical acceleration in healthcare expenditures, driven Saudi healthcare expenditure as % of GDP by private sector with robust growth outlook is well behind global benchmarks Healthcare expenditures ( BN) CAGR 202
Slide 22: An integrated, patient-centered health system delivering continuity of care
An integrated, patient-centered health system delivering continuity of care Integrated Healthcare Ecosystem Preventative Primary Secondary Tertiary Post- Acute Care Tele-health Preventative Care Primary Care Acute Care Centers of Post-acute Care Tele-health Services Services Services Excellence Serv
Slide 23: Building a healthier future
Building a healthier future Environmental Social Governance Promoting environmental responsibility and building a greener future, through eco-friendly facilities Pioneering Sustainable Almoosa Health was among the pioneers in introducing green Waste Management System Architecture in Healthcare build
Slide 24: Strong social record and commitment
Strong social record and commitment Environmental Social Governance Committed to invest in the society of Al-Ahsa as regional leader in community-based initiatives Caring for the Community “Al-Ahsa” 14,000+ A Paramedic in Every School Run Race Participants Aims to train teachers on CPR and first aid
Slide 25: Multiplying employee well-being and growth opportunities
Multiplying employee well-being and growth opportunities Environmental Social Governance Almoosa Health invests in its people, ensuring a broad, skilled, and expanding team to deliver exceptional healthcare Workforce Expansion and Commitment to Caring for Caregivers Talent Development Almoosa is com
Slide 26: Fostering balanced leadership and strategic insight
Fostering balanced leadership and strategic insight Environmental Social Governance Diverse governance structure ensures inclusive and effective decision-making across the organization Board of Directors Reporting system Oversight Risk Management Ethics and Integrity Diverse board composition to Cle
Slide 27: Income statement
Income statement Mn Q1 2024 Q1 2025 % Chg. Revenue 277.2 323.0 +16.5% Cost of revenue -198.6 -224.2 +12.9% Gross profit 78.5 98.8 +25.8% General and administrative expenses -40.6 -43.3 +6.7% Selling and distribution expense -6.0 -6.5 +9.5% Provision / (reversal) for impairment loss on accounts recei
Slide 28: Balance sheet
Balance sheet Mn FY 2024 Q1 2025 Property & equipment 1,894.4 1,974.8 Right of use assets 16.6 15.0 Intangible assets 8.4 8.1 Equity accounted investee 9.0 9.0 Total Non-Current Assets 1,928.4 2,007.0 Total Current Assets 625.0 998.0 Total Assets 2,553.4 3,005.0 Total Current Liabilities 562.8 373.3
Slide 29: Cash flow statement
Cash flow statement Mn Q1 2024 Q1 2025 Net cash from operating activities 27.6 43.4 Net cash used in investing activities -54.4 -250.9 Net cash from financing activities 19.1 406.0 Net change in cash and cash equivalents -7.6 198.5 Cash and cash equivalents at beginning of the period 15.8 38.2 Cash
Slide 30: Thank you
Thank you ir.almoosahealthgroup.org