Dubai Taxi Co. Pjsc · DFM:DTC
Dubai Taxi Co. Pjsc — Dubai Taxi Company PJSC — Q2 2026 Earnings Presentation
32 slides from Dubai Taxi Co. Pjsc's earnings presentation, Jun 30, 2026
Slide 1: DTC Earnings Presentation
DTC EARNINGS PRESENTATION For the second quarter ended 30 June 2026 1
Slide 2: Disclaimer
DISCLAIMER Dubai Taxi Company PJSC (“DTC” or the “Company”) has prepared this presentation (“Presentation”). DTC bases its information on sources considered reliable; however, it does not assure its accuracy or completeness. While this presentation may contain projections and forward-looking stateme
Slide 3: Agenda
AGENDA 1 Key Highlights 2 Operational Performance 3 Financial Review 4 Closing Remarks 5 Q&A 3
Slide 4: Key Metrics – H1 2026
KEY METRICS – H1 2026 Operational and financial Revenue EBITDA Net Profit performance AED AED AED 1,036 198 61 mn mn mn -15% YoY -41% YoY -68% YoY Fleet Size (1) Total Drivers (1) Total Trips (2) 11,928 19,873 21.3 mn 17% YoY 8% YoY -19% YoY Note: (1) Across all business lines as of 30 June 2026. (2
Slide 5: Resilience in a Challenging Environment
RESILIENCE IN A CHALLENGING ENVIRONMENT Operational Resilience Improving Demand Trends Disciplined Response All services remained fully Taxi and limousine activity Since March, DTC has focused on operational despite softer airport- improved progressively through mitigating near-term demand impacts a
Slide 6: Strategic Execution and Regional Expansion
STRATEGIC EXECUTION AND REGIONAL EXPANSION Successfully completed the acquisition of National Taxi post period end, establishing a meaningful presence in Abu Dhabi and strengthening DTC’s leadership in Dubai. The transaction creates the UAE’s leading taxi platform and is expected to deliver earnings
Slide 7: Confident in Long-Term Taxi Market Dynamics
CONFIDENT IN LONG-TERM TAXI MARKET DYNAMICS UAE long-term fundamentals Taxi Market Dynamics Structural Market Growth Positive Long-Term Growth Outlook Long-term demand is supported by population growth, sustained visitor inflows UAE GDP growth is projected at 1.7% in 2026, accelerating to 9.8% in an
Slide 8: Operational Performance
OPERATIONAL PERFORMANCE 8
Slide 9: Regional Conflict Impact and Response
REGIONAL CONFLICT IMPACT AND RESPONSE Key impact Mitigation and response No operational disruption Operational flexibility • Operations remained fully functional across all segments • Fleet remains fully active and scalable • No service interruptions or capacity constraints • Supply adjusted dynamic
Slide 10: Solid Operational Performance
SOLID OPERATIONAL PERFORMANCE Fleet Size Number of Trips (Million)1 Gradual recovery through the quarter 11,928 13.6 -11% -24% YoY 10,180 3,615 YoY -37% 2,164 10.3 YoY 3.8 3.6 1,186 1,161 2.9 605 645 6,210 6,522 5.4 4.0 1.4 1.5 1.1 30-Jun-25 30-Jun-26 Q2 25 Q2 26 Apr-26 May-26 Jun-26 Taxi Limousine
Slide 11: Integration of National Taxi Underway
INTEGRATION OF NATIONAL TAXI UNDERWAY Financial and Operational Highlights DTC successfully completed (National Taxi, January-June 2026) Acquisition Highlights transformational acquisition of National Taxi in July 2026 Unlocks +12% market share in both Dubai and Abu Dhabi AED 358 mn AED 65 mn AED 25
Slide 12: Unlocking Value with Bolt Partnership
UNLOCKING VALUE WITH BOLT PARTNERSHIP Strong momentum in operational performance Total Trips Fleet Partners 1 App Downloads 1 Cars Registered 1 Strong YoY growth for H1 2026 despite a slow season owing to 4.3mn 360 1.7mn 33k geopolitical environment in the region +40% in H1’26 vs H1’25 1600+ Arabia
Slide 13: H1 2026 Financial Review
H1 2026 FINANCIAL REVIEW 13
Slide 14: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue EBITDA AED million AED million Margin 28.9% 15.9% 27.6% 19.1% -14.7% -40.9% -22.5% -57.2% 1,213.4 1,035.6 335.0 625.1 484.5 180.6 198.0 77.2 Q2 25 Q2 26 H1 25 H1 26 Q2 25 Q2 26 H1 25 H1 26 Net Profit Net CapEx AED million Margin AED million 16.9% 2.1% 15.6% 5.9% -50.1% -
Slide 15: Revenue Across Segments
REVENUE ACROSS SEGMENTS Taxi Limousine Factors driving revenue performance 82% CONTRIBUTION 5% CONTRIBUTION in Q2 2026 AED million AED million Taxi -17.3% -19.2% Revenue declined year-on-year, reflecting lower trip volumes amid softer airport- and tourism- -26.5% -19.8% related demand. Activity impr
Slide 16: Gross Profit Performance
GROSS PROFIT PERFORMANCE Taxi Limousine Factors driving gross profit AED million AED million performance in Q2 2026 26.0% 10.0% 26.3% 15.0% 4.2% (4.6%) 8.3% (0.5%) -53.8% Taxi Gross profit declined due to lower trip volumes -71.6% from reduction in airport- and tourism-related 5.3 demand, coupled wi
Slide 17: Disciplined Cost Management
DISCIPLINED COST MANAGEMENT Total Operating Expenses Breakdown Commentary on operating AED million expenses during Q2 2026 Q2 2025 Q2 2026 16 12 Staff costs 66 Represented the largest share of operating 80 124 expenses during the period, accounting for 31% 159 of total expenses, and decreased by 19%
Slide 18: Profitability and Earnings Performance
PROFITABILITY AND EARNINGS PERFORMANCE Factors driving EBITDA EBITDA performance during the period Margin AED million EBITDA decreased 57.2% year-on-year to AED 77.2 28.9% 15.9% million, primarily reflecting lower taxi and limousine 181 trip volumes amid softer airport- and tourism-related demand. T
Slide 19: Healthy Balance Sheet
HEALTHY BALANCE SHEET Balance Sheet – 30 June 2026(1) Net Debt Balance sheet highlights Net Debt / LTM EBITDA AED million Total: AED 2,485.1 million Other 5% Solid cash position Due to Related Cash & Cash 17% 1.1x 1.1x Cash and cash equivalents amounted to AED 409 13% Parties 0.9x Equivalents millio
Slide 20: Disciplined Capital Allocation
DISCIPLINED CAPITAL ALLOCATION Historical Dividends (AED Million) Payout Ratio (% of Net Income) FY 2026 shareholder distribution to be assessed at year-end 85% 85% 85% Reflects the current operating 302.7 environment and disciplined capital 160.7 142.0 allocation framework H1 2025 H2 2025 FY 2025 T
Slide 21: Closing Remarks
CLOSING REMARKS 21
Slide 22: Summary
SUMMARY Leading UAE Mobility Gradually Improving Strong Long-Term Disciplined Strategic Multiple Strategic Platform Demand Fundamentals Execution Growth Levers #1 taxi operator in Dubai Q2 performance Long-term demand Successfully Regional expansion, with leading market reflected softer supported by
Slide 23: Q&A Session
Q&A SESSION 23
Slide 24: Appendix
APPENDIX 24
Slide 25: Dubai's Flagship Mobility Company
DUBAI’S FLAGSHIP MOBILITY COMPANY Comprehensive mobility solutions across four key segments Dominant Taxi segment market share 12.4% Taxi services through Limousine with Chauffeur- School and commercial Last-mile delivery #1 DTC-owned large eco-friendly fleet driven luxury vehicles Bus services serv
Slide 26: Bold Strategy Enabling an Ambitious Vision
BOLD STRATEGY ENABLING AN AMBITIOUS VISION Vision The preferred mobility choice for everyone Mission Leading in digital and safe mobility services that meet communities’ needs for convenience, connectivity, and sustainability Strategic Objectives 01. 02. 03. 04. 05. 06. Ensure sustainable Ensure str
Slide 27: Clearly Defined Opportunities
CLEARLY DEFINED OPPORTUNITIES Business Verticals and Strategic Opportunities Taxi Limousine Bus Delivery Digital Additional plates Fleet increases Optimise operations Double down on market Bolt e-hailing platform (with potential share Optimise operations Digital channel growth Loyalty program restru
Slide 28: Delivering Growth Sustainably
DELIVERING GROWTH SUSTAINABLY Largest environmentally friendly fleet in Dubai 1 >90% Hybrid / vehicle fleet of total fleet RTA’s ESG Strategy currently 6,412 EV/Hybrid Taxi Fleet 6,025 5,003 100% Environment Environmentally- Friendly 5,738 Target by 2027 5,587 4,896 Net Zero 107 438 674 0 30-Jun-24
Slide 29: Taxi Tariff Trends
TAXI TARIFF TRENDS Per KM fare (AED) +20% since IPO (Airport) Steady Fare Increases Implemented +17% since IPO (City) RTA implemented a further tariff The RTA has been reviewing taxi tariffs every two months based adjustment in May 2026, increasing on prevailing fuel prices, and either maintains or
Slide 30: Glossary of Key Terms
GLOSSARY OF KEY TERMS Term Definition The number of completed customer journeys during the period, from passenger pick-up to drop-off while the fare meter is active. Excludes Number of Trips – Taxi and Limousine cancelled and incomplete bookings. E-hailing Trips Completed taxi and limousine trips bo
Slide 31: For enquiries, please contact Investor Relations
For enquiries, please contact Investor Relations ir@dtc.gov.ae 31
Slide 32: DTC Investor Relations App
Wyoiiwo)! loa) DTC Investor Relations App Ue DTC Now Live Gag > Google Play é App Store
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