Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q2 2024 Earnings Presentation
34 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2024
Slide 1: AWPT Earning and Business Presentation Q2 2024
AWPT Earning and Business Presentation Q2 2024
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 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 6M 2024, company revenue grew by 21% compared to same period previous year, with gross profit growth of 67% at Sar 198.42 million with gross profit margin of 22%, with net income
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 – 3M 2024) 1 Water 1 1 Water supply and treatment 22% 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 5 projects Alhudud Ashimaliyah 2 workshops 3 projects Qassim 1 workshops 11 projects Tabuk 1 workshops 1 projects Riyadh 1 workshops 22 projects Almadinah 6 workshops 7 projects E
Slide 12: Executive Summary for AWPT Performance – Q2 2024 Vs Q2-2023 & Q1-2024
Executive Summary for AWPT Performance – PTD Q2 2024 Vs Q2-2023 & Vs Q1-2024 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance PTD Q2 2024 PTD Q2 2023 YoY % PTD Q2 2024 PTD Q1 2024 YoY % Statement of Profit or Loss Actual Actual Actual Actual Change C
Slide 13: Executive Summary for AWPT Performance – YTD Jun 2024
Executive Summary for AWPT Performance – PTD Q2 2024 Vs Q2-2023 & Vs Q1-2024 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance YTD Jun 2024 YTD Jun 2023 YoY % Statement of Profit or Loss Actual Actual Change Financial Performance Revenue 891.68 738.10
Slide 14: Revenue Backlog Q2-24
Revenue Backlog Q2-24 Other Backlog % 3,907 % % Assotiated Comp. Revenue backlog — The company has secured over 13 billion SAR in new contracts since the beginning of 2023, with 7.6 billion SAR to be consolidated as revenue at the company level and 4.0 billion SAR at associated companies. This remar
Slide 15: Backlog Recognition as of Q2 2024
million Saudi Riyals Backlog Recognition as of Q2 2024 Revenue Recognized - The company is projecting a record-breaking year in 2024 with revenue of 2.3 bsar. This is followed by healthy contributions from existing projects in 2025 at 1.9 bsar and 2026 at 1.4 bsar. - Recently acquired projects (LTOM
Slide 16: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog by Segment Revenue and Backlog Diversification Maintaining a Versatile and SAR'000 Jun-23 Jun-24 Backlog (Q2- 24) Comprehensive Operations Water segment Water networks 349,253 511,998 2,369,527 • Maintained revenue diversification segment and subs
Slide 17: IWTP2 Project Overview: Rayis-Rabigh (Awarded)
IWTP2 Project Overview : Rayis-Rabigh (AWARDED) 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 Compan
Slide 18: LTOM Sewage Treatment Plant Package #5 – Manfouha
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #5 – Manfouha (AWARDED) Project Overview The project consists 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
Slide 19: LTOM Sewage Treatment Plant Package #6 - Heet and Al-Hayer
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #6 - Heet and Al-Hayer (AWARDED) Project Overview The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,000 m3/d
Slide 20: LTOM Package #6 - Financial Close Progress
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #6 - Heet and Al-Hayer (AWARDED) Financial Close Progress The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,
Slide 21: LTOM Sewage Treatment Plant Package #7 - Al Ahsa
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #7 - Al Ahsa (AWARDED) Project Overview The project consisting of four sewage treatment plants in Al Ahsa area namely “Hofuf 01 STP , Hofuf 02 STP , Al Oyun STP and Al Omran STP” with total treatment capacity of 472,000 m3/day, the four ST
Slide 22: LTOM Package #7 - Financial Close Progress
Long Term O&M Contracts for Sewage Treatment Plant PACKAGE #7 - Al Ahsa (AWARDED) Financial Close Progress The project consisting of four sewage treatment plants in Al Ahsa area namely “Hofuf 01 STP , Hofuf 02 STP , Aloyun STP and Al Omran STP” with total treatment capacity of 472,000 m3/day, the
Slide 23: Riyadh - Qassim IWTP Project Overview (Under Submission)
IWTP - Project Overview: Riyadh - Qassim Independent Water Transmission Pipeline (UNDER SUBMISSION) Project Timetable Project Name Riyadh – Qassim IWTP Project Capacity / Length 685,000 m3/day / 859km Ministry of Finance 35 years from the Project Commercial Operation Date WTA Term (“PCOD”) SPV, EPC
Slide 24: 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 1709 1709 822 822 318 569 569 256 923 521 521 892 892 738 141 738 275 151 141 168 1135 470 89 118 131 80 361 193 101 178 177 786 610 654
Slide 25: Margins: Gross Profit by Segment and Contract Type
Topline growth met with improving profitability Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 262 262 187 187 151 34 198 151 198 144 31 144 24 136 59 20 37 9 22 118 22 21 118 122 60 31 22 50 197 19 44 154 150 9
Slide 26: Topline growth met with improving profitability
Topline growth met with improving profitability EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA Net Income 155 244 131 177 117 114 111 173 133 137 125 77 2020 2021 2022 2023 Q2-2023 Q2-2024 2020 2021 2022 2023 Q2-2023 Q2-2024 26
Slide 27: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 413 Balance Sheet (SAR MN) 658 330 538 167 Equity 204 321 398 Non-Current Liabilities 1,711 Current Liabilities 154 203 1,372 1,299 75 356 Non-Current Assets 866 960 67 294 107 215 473 597 586 Current Assets 339 36 84 288 155 170 Key Rati
Slide 28: 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 29: Saudi Water and Wastewater Projects Pipeline – NWC Five Years Plan
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Five Years Capital 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 Stormwate
Slide 30: Saudi Water and Wastewater Projects Pipeline – NWC LTOM Program
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Privatization Plan LTOM Program 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
Slide 31: Saudi Water and Wastewater Projects Pipeline – SWPC Privatization
Saudi Arabia Water and Wastewater Projects Pipeline Saudi Water Partnership Company (SWPC) – Privatization 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 32: Saudi Water and Wastewater Projects Pipeline – WTTCO Capital Projects
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Capital 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 Stormwat
Slide 33: Saudi Water and Wastewater Projects Pipeline – WTTCO Privatization
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Privatization 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 St
Slide 34: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer Chief Strategy and Performance Officer
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