Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q1 2023 Earnings Presentation
25 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2023
Slide 1: AWPT Earning and Business Presentation Q1 2023
AWPT Earning and Business Presentation Q1 2023
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 - 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: CEO Message - Continued
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven – Continued On the financial side, company revenue grew by 85% compared to same period previous year, gross profit grew by 30% at a margin of 17.7%, with net income before zakat growth of 30% at Sar 37.37 million at a m
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 – 2023 Q1) 1 Water 1 1 Water supply and treatment 30% Desalination Treatment Upstream 2 Wate
Slide 11: Extensive local knowledge enabling geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Alhudud Ashimaliyah Hail 3 projects 6 projects 1 workshops 2 workshops Tabuk Qassim 1 projects 8 projects 1 workshops 1 workshops Almadinah Riyadh 10 projects 26 projects 2 workshops 6
Slide 12: Executive Summary for AWPT Performance – Q1 2023
Executive Summary for AWPT Performance – Q1 2023 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance PTD Q1 2023 PTD Q1 2022 YoY % PTD Q1 2023 PTD Q4 2022 YoY % Statement of Profit or Loss Q1 2023 vs Q1 2022 Actual Actual Change Ac
Slide 13: Executive Summary for AWPT Performance – Q1 2023
Executive Summary for AWPT Performance – Q1 2023 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance Statement of Profit or Loss YTD Mar 2023 YTD Mar 2022 YoY % Actual Actual Change Q1 2023 YTD Revenue 321.61 173.53 85% • Gross pro
Slide 14: Revenue Backlog FY 17 - Q1 23
Revenue Backlog FY 17 - Q1 23 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Q1 23 3,577 3,340 1,124,792 2,741 million Saudi Riyals 1,641 1,106 1,078 839 764 658 582 483 494 79 -319 -400 -316 -497 -543 -806 Direct Revenue New Contracts / Change Orders Backlog Revenue backlog — As at Dec19, revenue backlog incr
Slide 15: AWPT Guidance FY 23 & Backlog Recognition as of Q1 2023
AWPT Guidance FY 23 & Backlog Recognition as of Q1 2023 — Total backlog as of Q1 23 is SR3.340 B out of which are SR174 M backlog belongs to AWPT subsidiary ERWAA for MOMC of Riyadh Cluster project FY 2022 FY 2023 guidance LT outlook — ERWAA backlog will not be consolidated with AWPT balance sheet B
Slide 16: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog by Segment SAR'000 Mar-22 Mar-23 Backlog (Mar 23) Water segment Revenue and Backlog Diversification Maintaining a Versatile and Water networks 24,067 125,586 1,903,205 Comprehensive Operations Water withdraw and treatment 42,868 53,654 386,750 • M
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 822 822 569 569 521 168 275 521 423 423 118 80 89 193 101 322 322 76 177 178 173 116 131 77 654 173 66 489 132 354 420 254 274 60 307 28
Slide 18: Gross Margin by Segment and Contract Type
Gross Margin by Segment and Contract Type Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 187 187 151 151 143 37 59 143 119 9 22 119 22 21 9 31 60 50 34 50 57 44 44 57 150 13 129 97 122 75 79 14 11 17 60 10 85 5
Slide 19: EBITDA & Net Income
EBITDA & Net Income EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA EBITDA margin Net Income Net Income Margin 26% 21% 20% 16% 25% 22% 22% 20% 24% 12% 173 22% 133 137 18% 114 117 111 109 92 58 39 37 29 2019 2020 2021 2022 Q1 2022 Q1 2023 2019 2020 2021 2022 Q1 2022 Q1 2023
Slide 20: Balance Sheet
Balance Sheet Balance Sheet (SAR MN) 321 398 202 Equity 78 Non-Current Liabilities 75 305 865 Current Liabilities 49 67 292 123 215 586 Non-Current Assets 36 41 469 517 54 78 83 20 344 339 36 Current Assets 224 162 229 169 236 154 Key Ratios Unit 2018 2019 2020 2021 2022 Q1 2023 RoIC % 38% 40% 32% 2
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: Saudi Arabia Water and Wastewater Projects Pipeline - NWC
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) Five Years 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 Stormwater City man
Slide 23: Saudi Arabia Water and Wastewater Projects Pipeline - SWPC
Saudi Arabia Water and Wastewater Projects Pipeline Saudi Water Partnership Company (SWPC) – Future 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 Stormwater City
Slide 24: Saudi Arabia Water and Wastewater Projects Pipeline - WTTCO
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Future 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 25: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer PMO Senior Director
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