Al Masar Al Shamil Education Co. · TADAWUL:6019
Al Masar Al Shamil Education — FY2025 Earnings Presentation
30 slides from Al Masar Al Shamil Education's earnings presentation, February 2026
Slide 1: Almasar Alshamil Education FY 2025 Earnings Presentation
Shaping Futures: Growth with a Purpose Almasar FY 2025 Alshamil Earnings Education Presentation
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) has been prepared by the Company solely for informational purposes. It does not constitute, and should not be interpreted as, an offer, invitation, or recommendation to subscribe for, purchase, or sell any securities of the Company. Any potential off
Slide 3: Agenda
FINANCIAL INVESTMENT PERFORMANCE HIGHLIGHTS EXECUTIVE SEGMENT SUMMARY PERFORMANCE APPENDIX Shaping Futures: Growth with a Purpose | 2
Slide 4: Executive Summary
EXECUTIVE SUMMARY Shaping Futures: Growth with a Purpose | 3
Slide 5: Key Highlights | Strong Financial Performance Caps a Milestone 2025
Key Highlights | Strong Financial Performance Caps a Milestone 2025 Strong financial performance in Robust growth in total students Key Operating Highlights include: 2025 was a milestone year for FY25 with revenue growing 22% and beneficiaries, up 20% to Licensed 2 facilities for special Alm
Slide 6: Company Overview | Regional leader in specialized education
Company Overview | Regional leader in specialized education Company Overview | Regional leader in specialized education INTEGRATED 39 14 SEC (3) 3 3 4 (1) SEC Mental Health Corporate (1) (2) Schools Universities Clinics (2) EDUCATION Daycare Centers Training Arms LEADER… 60% stake through HDC 60% st
Slide 7: Company Overview | 20+ years of operating know-how
Company Overview | 20+ years of operating know-how has created segment leaders Company Overview | 20+ years of operating know-how has created segment leaders 2003 2007 2022 2025 Abu Dhabi University First rehabilitation Almasar acquires Listing Almasar Alshamil is established centre launched by 60%
Slide 8: Strategy Update | Successful Delivery on our Growth Strategy
Strategy Update | Successful Delivery on our Growth Strategy STRATEGIC OBJECTIVES STRATEGIC OBJECTIVES 2025 PROGRESS HIGHLIGHTS FACILITIES RAMP-UP Ramp-up of existing facilities Avg. capacity utilization Recent ramp-up improved to c. 67% vs. 57% in supported by market- Maximize capacity utilization,
Slide 9: Operational Highlights
Operational Highlights | Maintained strong momentum across key operational KPIs Students & Beneficiaries Special Needs Network MDX Student Growth Expansion 23K 28K 35 39 14% YoY DAYCARE CENTERS 10 14 SCHOOLS 20% YoY 4 Schools YoY 4 Centers YoY International Students >51% of Student Body ‘000 Student
Slide 10: Financial Highlights | Strong growth in revenues and profits
Financial Highlights | Strong growth in revenues and profits REVENUE GROWTH ADJUSTED EBITDA ADJUSTED NET PROFIT SAR 437M SAR 534M SAR 216M SAR 240M SAR 149M SAR 166M 22% YoY 11% YoY 12% YoY SAR million SAR million SAR million 35% CAGR 33% CAGR 43% CAGR 149 166 534 240 123 437 216 343 171 70 181 97 2
Slide 11: Financial Performance
FINANCIAL PERFORMANCE Shaping Futures: Growth with a Purpose | 10
Slide 12: Revenues | Growth driven by enrollment growth across all segments
Revenues | Growth in revenues driven by enrollment growth across all segments… Revenue by Segment Revenue by Service SAR million SAR million Tuition fees, net of scholarship Admin and other service fees 22% Special education needs services Share of joint service agreements Higher Special Education E
Slide 13: Profits | Led to strong growth in profitability
Profits | ..Led to strong growth in profitability Adjusted EBITDA Adjusted Net Profit SAR million SAR million 34% 31% margin margin 12% 45% Adjusted net profit to equity 50% Adjusted net profit 12% 57% 55% 41% 44% 11% 26% 28% 166 149 16% 135 121 216 240 86 68 68 110 53 94 Q4 2024 Q4 2025 FY 2024 FY
Slide 14: EBITDA Bridge
EBITDA Bridge | Adj. EBITDA growth driven by solid growth across all business units Adjusted • The year-on-year increase in EBITDA Bridge FY25 Adjusted EBITDA was SAR Million 11% driven by solid underlying 22.2 240.1 growth across MDX, HDC and 9.5 12.1 13.9 228.0 NEMA 215.6 (33.2) • Adjusted EBITDA
Slide 15: Net Profit Bridge
Net Profit Bridge | Adj. net profit continued a similar growth momentum Adjusted Net Profit Bridge • The year-on-year increase in SAR Million FY25 Adjusted Net Profit was 12% 12% driven by solid growth across all 22.2 166.3 135.3 business segments. 14.9 158.9 7.4 148.1 5.0 (31.4) • Adjusted Net Prof
Slide 16: Cash Position | Positive net cash position
Cash Position | Robust cash generation resulting in a positive net cash position Net Cash / (Debt) Position SAR Million • Cash and bank balances increased to Cash Bank Financing Leases SAR 339 million in FY25, up from SAR 96 201 million in FY24 • Borrowings increased to SAR 97 35 million in FY25 fro
Slide 17: Segment Performance
SEGMENT PERFORMANCE Shaping Futures: Growth with a Purpose | 16
Slide 18: SEC | Human Development Company
SEC | Human Development Company STUDENTS REVENUE OPERATIONAL HIGHLIGHTS #000s SAR million Specialization Operational Highlights Special Needs • Daycare centers increased to 39 (vs 35 in the prior year) and the 21% 261 Education and Care schools network expanded to 14 locations (vs. 10 in prior year)
Slide 19: HDC | Key 2025 Achievements
HDC |Key 2025 Achievements Network expansion by Licensed two residential Maintained A+ ratings across opening four new daycare centers, paving the way daycare centers from the centers and four new for launch of new service Ministry of Human Resources schools in 2025 line and Social Development Shapi
Slide 20: Higher Education | Middlesex University Dubai
Higher Education| Middlesex University Dubai STUDENTS REVENUE OPERATIONAL HIGHLIGHTS Operational Highlights #000s SAR million Specialization Undergraduate & • Student base increased 14% YoY to 6.5k 14% C 6.5 k 23% 273 Postgraduate • International student base increased 34% YoY, now comprising C 5.7
Slide 21: MDX | Key 2025 Achievements
MDX | Key 2025 Achievements For the 5th consecutive Achieved institutional Successfully Opened a new campus year, Middlesex licensure from the launched the building in Dubai Media University Dubai is Ministry of Higher London Sport City, extending the Dubai’s largest UK Education and Institute in Du
Slide 22: Higher Education | NEMA Holding
Higher Education| NEMA Holding OPERATIONAL HIGHLIGHTS STUDENTS #000s REVENUE SAR million Specialization Undergraduate & • Total students increased 25% YoY to 13.7k Postgraduate; Corporate • Strong enrollment growth across higher education offering 25% 35% 770 c. 13.7 k Training • Acquisition of Biz
Slide 23: NEMA Holding | Key 2025 Achievements
NEMA Holding | Key 2025 Achievements Abu Dhabi University (ADU) Official Institutional Liwa University Knowledge Group Consulting Ranked among the top 250 Transition of Liwa inaugurated a new acquired Biz Group, one of the universities globally in the College into Liwa campus in the city of Al regio
Slide 24: Investment Highlights
INVESTMENT HIGHLIGHTS Shaping Futures: Growth with a Purpose | 23
Slide 25: Investment Highlights
1 1 High growth and underserved education segments 2 Market leader in target segments 3 Focus on inclusive, high-quality education and human capital development 4 Strong financial growth, healthy margins, robust cash flow generation 5 Scalable business model, capitalizing on market leading positions
Slide 26: Appendix
APPENDIX Shaping Futures: Growth with a Purpose | 25
Slide 27: Financial Statements | Consolidated Income Statement
Financial Statements | Consolidated CONSOLIDATED INCOME STATEMENT Income Statement SAR'000 Q4 2024 Q4 2025 FY 2024 FY 2025 Revenue 165,430 197,844 437,065 533,867 Direct costs (77,081) (91,402) (234,001) (295,103) Gross Profit 88,349 106,442 203,064 238,764 General and administrative expenses (37,53
Slide 28: Financial Statements | Consolidated Balance Sheet
Financial Statements | Consolidated Balance Sheet SAR'000 FY 2024 FY 2025 ASSETS Property and equipment 114,198 155,339 Right-of-use assets 97,118 140,245 Goodwill and intangible assets 615,034 609,284 Investment in an associate 401,893 427,236 Inventories 1,701 1,618 Trade and other receivables 154
Slide 29: Financial Statements | Consolidated Cash Flow Statement
Financial Statements CONSOLIDATED CASH FLOW STATEMENT | Consolidated Cash Flow Statement SAR'000 FY 2024 FY 2025 Profit before zakat and income tax 162,169 169,581 Adjustments: Share of results of an associate (29,885) (52,082) Depreciation of property and equipment 12,369 17,117 Depreciation of rig
Slide 30: Almasar Alshamil Education FY 2025 Earnings Presentation
Almasar FY 2025 Alshamil Earnings Shaping Futures: Education Presentation S TR ICTLY P R IVATE AND CONF IDE NTIAL Growth with a Purpose
Almasar Alshamil Education — FY2025 Earnings Presentation on 6ix