Elm Company · TADAWUL:7203
Elm — 9M 2024 Earnings Presentation
22 slides from Elm's earnings presentation, 2024
Slide 1: Investor Presentation 9M 2024
Investor Presentation 9M 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Elm solely for informational purposes. The presentation may contain or include statements that are, or may be deemed to be, “forward-looking statements”. Any forward-looking statements reflect the Company’s current view with respect to future events
Slide 3: Agenda
Agenda Introduction Elm 4.0 Strategy 9M 2024 Highlights Financial Performance 2024 Guidance
Slide 4: Elm At a Glance
Elm At a Glance Providing e-services to Diversification into consulting services, Initial Public Offering (IPO) and Company’s Journey individuals, businesses, and IT services, government process listing Elm shares on the Main government agencies outsourcing, training solutions, and e- Market of the
Slide 5: Elm's business and Segments
Elm’s business and Segments Elm business includes 3 main offerings targeting the public and private sectors through various service models Digital Business Business Outsourcing Professional Services Offering Type Digital Products Digital Projects Process Outs. Consulting Data & AI Developing digital
Slide 6: Brief About Top Products
Brief About Top 6 Products Absher Fasah Provide Ministry of Interior services (Passports, Traffic, Civil Affairs, etc.) Facilitate international trade services by automating the import and digitally in an integrated platform to citizens, residents and visitors. export procedures Partner: Ministry of
Slide 7: Agenda
Agenda Introduction Elm 4.0 Strategy 9M 2024 Highlights Financial Performance 2024 Guidance
Slide 8: Elm 4.0 Strategy
Elm 4.0 Strategy Elm will strengthen its capabilities to grow current offerings and expand into new gov sectors and adjacent B2B markets in its new strategy Elm 4.0 Elm 3.0 (2023) Elm 4.0 (2024 - 2028) Products Organically and inorganically: (mostly gov. today) › Expand into new gov. verticals › Dev
Slide 9: Elm 4.0 Strategy
Elm 4.0 Strategy Elm 4.0 strategy focuses on diversification and modernize offerings, and require capital deployment in both GovTech and B2B offerings Public Sector BPO To penetrate new markets, increase To embed technologies and solutions presence and market share through Gov’t Digital Products to
Slide 10: Agenda
Agenda Introduction Elm 4.0 Strategy 9M 2024 Highlights Financial Performance 2024 Guidance
Slide 11: Operational Highlights
Operational Highlights Strong growth across Gov’t products Gov’t Products 10year agreement has been Growth in BPO due to executed projects signed creating business sustainability and potential growth in Gov’t Products Business Products Expansion on International business portfolio ▪ Exploring the ta
Slide 12: Financial Highlights
Financial Highlights 9M 24 Revenue (Mn SAR) Revenue YOY Change 5,278 25.3% 9M 24 EBIT (Mn SAR) EBIT YOY Change 1,292 26.7% 9M 24 Net Profit (Mn SAR) Net Profit YOY Change 1,329 29.2% 12
Slide 13: Agenda
Agenda Introduction Elm 4.0 Strategy 9M 2024 Highlights Financial Performance 2024 Guidance
Slide 14: P&L Highlights
P&L Highlights Professional Services Business Process Outsourcing SAR Millions Digital Businesses Gross Profit Margin Revenue by Business Segment Gross Profit by Business Segment Key Highlights › Consistent Revenue Growth: Digital business and Business process outsourcing continue +25% 5.278 +28% 2.
Slide 15: P&L Highlights
P&L Highlights SAR Millions EBIT Key Highlights › EBIT Remains Strong: EBIT increased +27% despite increased operating expenses. -87 -42 1.292 › Strong Net Profit Growth: Net profit 1.020 477 2 -78 increased significantly, driven by Higher EBIT and supplemented by increased Murabaha deposit and call
Slide 16: Digital Business
Top 6 Products Others Digital Business Gross Profit Margin SAR Millions Revenue Gross Profit Products Revenue Key Highlights › Continuous Revenue growth: Revenue +27% increased due to growth in the products +26% portfolio. +34% 3.860 1.857 3.526 › Margin Expansion: Strong growth across +27% products
Slide 17: Business Process Outsourcing
Business Process Outsourcing Gross Profit Margin SAR Millions Revenue Gross Profit Key Highlights › Revenue Growth: BPO revenue surged, driven +3% by new projects expansion and increased +29% 1.325 326 deliverables. 317 › Flat Gross Profit with Decrease in Profitability : Gross profit increased slig
Slide 18: Professional Services
Professional Services Gross Profit Margin SAR Millions Revenue Gross Profit Key Highlights › Revenue Decrease: Professional services revenue declined 10%, primarily due to +6% 115 -19% 16 decreased revenue from large completed 15 projects. › Profitability Expansion: Despite the revenue 93 decrease,
Slide 19: Balance Sheet and Cash Flow Highlights
Balance Sheet and Cash Flow Highlights Cash Balance Movement (SAR Millions) Receivable (Number of Days) Key Highlights 149 153 › CFO as a percentage of Net profit 142 was 50%. This was due to a settlement for Income share balances. › Total Cash and short-term 234 2022 2023 9M 2024 investment decreas
Slide 20: Agenda
Agenda Introduction Elm 4.0 Strategy H1 2024 Highlights Financial Performance 2024 Guidance
Slide 21: Guidance
Guidance YE 2024 9M 2024 Guidance Actual Revenue Growth 22% - 24% 25% EBIT Margin 22% - 24% 24% Cash Flow from Operating Activities as % of Net Income 80% - 90% 50% 21
Slide 22: Thank you
Contact Information Investor Relations Department Tel: +(966) 11 461 8500 Email: ialmuhanna@elm.sa Investor Relations Website Click here Thank you Elm IR Application