Slide 1: Q4 & FY 2024 results
Q4 & FY 2024 results 13 February 2025 THE LEADING ON-DEMAND DELIVERY PLATFORM IN MENA 1
Slide 2: Today's presenters and agenda
Today’s presenters and agenda TOMASO RODRIGUEZ 1 Business update CEO 2 Financials KHALED ALFAKESH CFO 3 Outlook SHADI SALMAN 4 IR Q&A 2
Slide 3: Business update
Business update 3
Slide 4: talabat: the leading on-demand delivery platform in MENA
talabat: the leading on-demand delivery platform in MENA(1) Food, Grocery & Retail Delivery Key Company Highlights Leader in MENA • Category-leading on-demand online food ordering, delivery, takeaway and Grocery & Retail marketplace in 8 highly attractive Large and fast expanding addressable market
Slide 5: Key highlights for 2024
Key highlights for 2024 FY’24 Growth Highlights Total Total Mgmt Adjusted Net GMV Revenue EBITDA Income +23% y/y +32% y/y +55% y/y +64% y/y (USD 7.4bn) (USD 3.0bn) (USD 497mn) (USD 346mn) 6.7% of GMV 4.7% of GMV (+1.4ppt y/y margin expansion) (+1.2ppt y/y margin expansion) Based on Q4’24 results, th
Slide 6: Multiple levers for sustained growth and profitability gains
Multiple levers for sustained growth and profitability gains Deeper category Turbo-charging Deeper supply penetration customer loyalty partnerships ● CVP(1) (experience w/ ● Frequency ● AdTech solutions new talabat app) enhancing initiatives ● CPG partnerships ● Demand growth ● Loyalty boosters ● Ne
Slide 7: From delivering food, to delivering food and a lot more, to delivering your preferences
From delivering food, to delivering food and a lot more, to delivering your preferences 2016 2021 Today (2025) “Delivering food to your doorstep” “Delivering food and a lot more” “It’s not just talabat app, it’s your app” Personalization 7
Slide 8: talabat: a new modern, personalised app
talabat: a new modern, personalised app What’s changed? Key upda ● The new talabat experience, built for the real YOU tes ● A smarter, more intuitive platform designed to: tPro acquisitions +24% (vs previous experience) uplift(1) Showcase Strengthen Relevant Multi-Verti Choice cality Grocery acquisi
Slide 9: Turbo-charging customer loyalty via talabat pro
Turbo-charging customer loyalty via talabat pro Key upda talabat Pro, our premium subscription programme, tes featuring FREE delivery(3) and exclusive deals across a wide selection of vendors Adoption Exclusive deals for pros(4) 2.1x growth(1) (Dec’24 vs Dec’23) Incremental +28% (After vs before) pr
Slide 10: Financials
Financials 10
Slide 11: Strong GMV growth driving revenue expansion
Strong GMV growth driving revenue expansion GMV (USD million) Management Revenue (USD million) y/y 17% 23% 26% y/y 27% 32% 32% % of GMV 34% 37% 40% 39% 40% Guidance 24e Guidance 24e 22-23% y/y 28-30% y/y • Strong GMV development mainly due to stronger order volumes across all regions as we continued
Slide 12: Multi-vertical platform fueled top line growth
Multi-vertical platform fueled top line growth GMV By Vertical (USD million) GMV By Segment (USD million) G&R y/y 46% 47% 46% Non GCC y/y 29% 42% 40% Food y/y 11% 16% 20% GCC y/y 16% 20% 24% G&R Non GCC 17% 21% 25% 23% 27% 12% 13% 15% 14% 16% Contribution Contribution • Multi-vertical platform fuele
Slide 13: Leading profitability and cash flow generation
Leading profitability and cash flow generation Adj. EBITDA (USD million) Adj. Free Cash Flow (USD million) y/y 48% 55% 36% y/y 79% 54% 23% % of GMV 4.2% 5.3% 6.7% 6.3% 6.8% % of GMV 3.2% 5.0% 6.2% 5.9% 5.8% Guidance 24e Guidance 24e ~6.5% of GMV 6.0-6.5% of GMV • Adjusted EBITDA margin expanded by 1
Slide 14: Impressive earnings with an attractive dividend policy
Impressive earnings with an attractive dividend policy Adj. Net Income (USD million) talabat dividend policy y/y 67% 53% 22% % of GMV 3.0% 4.2% 5.3% 6.1% 6.0% Dividends (USD million) 90% 110(1,2) min. 400 DPR(3) DPS (fils/share) Guidance 24e Net Income ~5% of GMV • Adjusted Net income surged 53% y/y
Slide 15: Outlook
Outlook 15
Slide 16: Delivering on our guidance, reiterating 2025 growth expectations and margin expansion
Delivering on our guidance, reiterating 2025 growth expectations(1) and margin expansion Performance Performance vs. 2024 guidance 2024 actual 2025 guidance measure guidance GMV growth In line 17-18% (y/y FY’24 vs. FY’23) 22-23% 23% (high end of range) (y/y FY’25e vs. FY’24; Constant Currency) Reven
Slide 17: Q&A
Q&A 17
Slide 18: Alternative Performance Measures ("APM")
Alternative Performance Measures (“APM”) Talabat regularly uses alternative performance measures which are relevant to enhance the understanding of the financial performance and financial position of the Company. These measures may not be comparable to similar measures used by other companies; they
Slide 19: Disclaimer
Disclaimer The information contained in this presentation (the “Presentation”) represents a summary of the unaudited preliminary pro forma financial statements for the three-month and twelve-month periods ended 31 December 2024 (the “FY 2024 Financial Statements”) of Talabat Holding plc (“talabat” o
Slide 20: Thank you!
Thank you! ir@talabat.com 20