Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q1 2022 Earnings Presentation
27 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2022
Slide 1: AWPT Earning and Business Presentation Q1 2022
AWPT Earning and Business Presentation Q1 2022
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 - AWPT: 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 last year’s performance and company’s achievements in-light of the great investment opportunities spurred by The Kingdom’s Vision 2030. At Alkhorayef W
Slide 4: AWPT, a unique and exceptional market leader service provider
Alkhorayef Water and Power Technologies “AWPT”, a unique and exceptional market leader service provider AWPT is a major player in the water and wastewater sector in operation for over 30 years AWPT today employs over 5,500 multi-disciplined workforce, and has been consistently achieving High-green/P
Slide 5: AWPT Integrated Services
AWPT Integrated Services Sea & Brackish Water Desalination plants 1 2 City Management Domestic & Industrial 7 Concession Wastewater Treatment Plants Integrated Water Solutions, 3 6 Development of IST BOT Electromechanical and IWP BOT Strategic Partnerships for 4 5 Heavy Civil, Wet Utility, and Speci
Slide 6: AWPT Today in Numbers
AWPT Today in Numbers Over 15 million 6,950,000m 9 30+ POPULATION SERVED OF WATER NETWORKS MANAGED WASTEWATER TREATMENT PLANTS WATER TREATMENT PLANT 1,800,000m3/day 964 2,150,000m3/day 3,600,000m OF POTABLE WATER TREATED DRINKING WATER WELLS WASTE WATER TREATED OF WASTEWATER NETWORKS MANAGED 480+ 24
Slide 7: Established long-standing relationships with its clients, achieving impressive project retention
Established long-standing relationships with its clients, achieving impressive project retention Projects held for 11 – 15 Representing 11% of years total O&M revenues 16 of which have been renewed Projects held for Over 50 live more than once 6 – 10 Representing 6% of O&M Projects Representing 29%
Slide 8: The Water Segment
The Water Segment Our Water segment includes water withdraw and treatment services and water networks services Water withdraw and treatment encompasses: • Water Treatment Plants – Engineering, procurement, rehabilitation, construction and O&M of large capacity and centralized sea water and brackish
Slide 9: 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 10: 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 11: 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 – Q1 2022) 1 Water 1 1 Water supply and treatment 32% Desalination Treatment Upstream 2 Wate
Slide 12: Extensive local knowledge enabling significant geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Alhudud Ashimaliyah Hail 3 projects 7 projects 1 workshops 2 workshops Tabuk Qassim 2 projects 7 projects 1 workshops 1 workshops Almadinah Riyadh 6 projects 27 projects 2 workshops 6
Slide 13: Revenue Backlog as of Q1 2022
Revenue Backlog as of Q1 2022 FY 17 FY 18 FY 19 FY 20 FY 21 Q1 22 3,330,266 1,862,108 1,640,833 1,106,221 1,078,005 839,378 763,582 657,645 581,824 483,113 493,656 -172,675 -319,124 -400,091 -496,739 -543,393 Direct Revenue New Contracts / Change Orders Backlog Revenue backlog — As at Dec19, revenue
Slide 14: Backlog Recognition for Q2-Q4 2022, FY23 – FY28
Backlog Recognition for Q2-Q4 2022, FY23 – FY 28 Q2-Q4 2022 Revenue Recognized — Total backlog as at 1Q 22 is SR 3.33B, out of which are SR175M backlog generated from ERWAA (AWPT Subsidiary) for MOMC of Riyadh Cluster project. This amount is AWPT’s share from contract.
Slide 15: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog Diversification Maintaining a Versatile and Comprehensive Revenue and Backlog by Segment Operations SAR'000 Dec-20 Dec-21 Backlog (Dec 21) • Maintained revenue diversification segment and subsegment wise across the full value chain Water segment o
Slide 16: Q1 2022 Results
Q1 2022 Results Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance – Results include incorporation of additions to ECL provision from year ending 2021. Statement of Profit or Q1 2022 Q1 2021 YoY % Year 2021 Loss Actual Actual Chan
Slide 17: 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 569 569 521 521 118 80 423 89 101 423 356 76 177 356 48 178 116 131 105 148 489 173 420 173 133 254 274 60 307 133 28 216 19 45 46 251 20
Slide 18: Margins
Topline growth met with industry leading profitability margins Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 151 151 143 143 22 119 9 22 21 119 9 60 50 34 76 50 76 3 9 122 129 24 38 44 44 85 38 5 75 79 2 14 60
Slide 19: Margins EBITDA Margins
Topline growth met with market leading profitability margins EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA 114 111 Net Income 133 137 92 109 70 51 36 39 30 29 2018 2019 2020 2021 Q1-2021 Q1-2022 2018 2019 2020 2021 Q1-2021 Q1-2022 Margins Margins EBITDA 2018 2019 2020 2021 Q1 -2021 Q1 -202
Slide 20: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 876 876 158 Balance Sheet (SAR MN) 344 Equity 751 751 547 547 Non-Current Liabilities 151 75 Current Liabilities 394 393 406 406 294 181 67 292 Non-Current Assets 49 718 260 260 123 215 Current Assets 41 600 84 36 78 473 84 20 344 339 36
Slide 21: 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 22: AWARDED - MOM Contract for NWC Central Cluster
AWARDED - MOM Contract for NWC Central Cluster Agile • Impactful • Respectful
Slide 23: A Booming Territory! But no Booming Costs
A Booming Territory! ERWAA But no Booming Costs Plan Riyadh, the vibrant heart of a fast growing economy Population x2 or x3 7.5m …………………………………………………………………………………………………………15m to 20m ERWAA must support the growth of the Central Cluster by reaching and Urban Economy #40 ……………………………………………………………………………..…
Slide 24: Ultimate Goal: Make the Cluster Concession Ready
Ultimate Goal: Make the Cluster Concession Ready Final Enabling Projects Delivered Clear HR Policy Improved and Mature Organisation • Status & number of staff defined • Mature processes • Conditions of transfer clear & accepted by the staff • Performance and data driven • Willingness of employees to
Slide 25: Major Bids Pending Results
Major Bids Pending Results Long Term Operation and Maintenance , LTOM Projects • Company was the only local subcontractor successfully pre-qualified solely to participate in the long-term operation and maintenance contract for 5 which might extend to 7 packages. • the 5-7 packages of LTOM comprise t
Slide 26: AWPT targeting to expand in the wastewater sector and enter 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: AWPT targeting to expand in the water sector and enter the 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
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