Ataa Educational Company · TADAWUL:4292
Ataa Educational — Q1 2022 Earnings Presentation
18 slides from Ataa Educational's earnings presentation, 2022
Slide 1: Ataa Educational Company Investor Presentation Q1 2022
1 Atta Educational Company Investor Presentation Q1 2022
Slide 2: Introduction to Ataa Educational Company
2 Introduction to Ataa Educational Company (“Ataa”) Ataa snapshot Q1 2022 Q1 2021 Q1 2022 Q1 2021 140M SAR 61M SAR 66M SAR 5M SAR Revenues Revenues Net Income Net Income 129% growth 99M SAR 21M SAR 70% 34% EBITDAR EBITDAR EBITDA Margin 365% 37,638 25,223 12.2 15 Number Of Student Number Of Student S
Slide 3: Key Financial Summary
3 Key Financial Summary
Slide 4: Robust financial performance despite economic headwinds
4 Robust financial performance despite economic headwinds Number of students Thousands Revenues SARm 12.3x 12.4x 13.4x 14.9 x 12.2x 26.8 27.3 27.2 25.2 37.6 0.7 8.4 0.7 0.7 0.6 0.6 7.4 7.1 7.0 12.5 320.6 336.4 7.5 280.0 5.1 5.5 6.9 5.5 16.1 140.4 13.6 14.1 12.7 11.6 61.2 FY19 FY20 FY21 Q1 21 Q122 FY
Slide 5: Strong margins to drive cash generation with significant headroom to grow
5 Strong margins to drive cash generation with significant headroom to grow Strong sustainable margins… …driving cash generating profile… % % 80% 71%70% 100% 86% 70% 80% 70% 70% 73% 60% 68% 50% 50% 43% 43%42% 39%38% 60% 40% 35% 35%34% 30% 26% 23% 40% 20% 13% 8% 20% 10% 0% 0% FY19 FY20 FY21 Q1 21 Q1
Slide 6: Revenue Break-Down Segment Reporting
6 Revenue Break-Down Revenue by School Segment Reporting Var (YTD SR in 000s Q1 2021 % Q1 2022 % 21-22) National 30,959 51% 59,749 42% 93.0% International 18,461 30% 45,949 33% 148.9% Indian 9,860 16% 12,289 9% 24.6% French 1,946 3% 2,267 1% 16.5% Alfaisal- Training 0 0% 8,101 6% 0.0% Creative-Recru
Slide 7: Revenue Break-Down by School
Revenue Break-Down 7 Revenue by School Revenue by Type Rowad Rowad Rowad Rowad Rowad Nokhba Al-Fikr Al-Oruba Middle East Sulaimaniya New Al-Izdihar Al-Rowabi Al-Mansoura Ishbilia Al-Andalus Al-Kharj International International International Middle East Q1 2022 14,362 6,894 4,355 8,324 2,380 1,570 1,
Slide 8: Ataa school portfolio: national curriculum
Ataa school portfolio 8 Overview of national curriculum portfolio Rowad Al- Rowad Al- Al-wsat Rowad Al- Rowad Rowad Al- Nokhba Al- Izdihar Rawabi Schools Mansoura Ishbilia Andalus Kharj Al-Fikr Curriculum Area (sqm) 60,600 15,000 14,225 18,562 12,100 11,046 9,600 9,600 Ownership Owned / leased Owned
Slide 9: Ataa school portfolio: international curriculum
Ataa school portfolio 9 Overview of international curriculum portfolio Al-Elm Rowad Al-Oruba Middle East Sulaimaniya New Middle Modern International Ishbilia Int’l2 International Int' Int’l East Middle East School Curriculum Area (sqm) 9,240 19,485 4,558 2,641 7,981 14,000 14,000 Ownership Owned Lea
Slide 10: Arabian Group
Arabian Group 10 Educational sector Amjad Qurtabe Al-jawdah Al-Alson Jeel Al-majd Al-Yasmin Curriculum Area (sqm) 20,455 42,28 20,199 19,770 8,571 Ownership Leased Owned Leased Leased Leased Classrooms 125 167 148 60 83 Capacity 3.600 4,500 3,708 1500 2,065 Number of students 2534 1661 3155 802 1548
Slide 11: Highly diversified student base with further room to consolidate
Ataa school portfolio 11 Highly diversified student base with further room to consolidate Stable student base across different grades… Number of students in each grade as of 2021(# students) Q1 2022 Q1 2021 3,312 3,151 3,107 3,060 3,044 2,996 2,898 2,838 2,803 2,631 2,630 2,584 2,584 2,272 2,202 2,0
Slide 12: Debt Summary and Debt Maturity Profile
12 . DEBT SUMMARY …DEBT MATURITY PROFILE … 120 101 100 89 80 77 66 60 60 40 37 29 20 - 2022 2023 2024 2025 2026 2027 2028+ Term Loans
Slide 13: Investment Highlights
13 Investment Highlights Leading K-12 operator with one of the most diversified offering in KSA
Slide 14: Saudi macroeconomic indicators are highly attractive
14 Saudi macroeconomic indicators are highly attractive Largest economy in MENA… …with the largest population in GCC USDbn Million 24.1k 42.6k 3.7k 2.5k 5.5k 14.7K 1.6% 1.2% 5.4% 3.1% 3.7% 3.6% 1,000 40 782.5 35 32.4 800 30 600 25 406.7 20 400 300.5 15 249.1 217.8 9.5 160.7 10 200 4.8 4.2 5 2.7 1.6
Slide 15: Market fundamentals conducive to support growth
15 Market fundamentals conducive to support growth Key area of focus by the Saudi remains behind Strong sector fundamentals + government with KPIs included in Vision 2030 + region in terms of private sector participation Saudi macroeconomic indicators are highly attractive % of students enrolled i
Slide 16: Ataa strategy overview
16 Ataa strategy overview Clear defined strategy to drive growth
Slide 17: Clear defined strategy to drive growth
17 Clear defined strategy to drive growth Enhance academic Maximize schools’ Optimizing operational Enriching services quality utilization efficiency provided Cascade HoldCo strategy into objectives and targets by school • Leading school in Qiyas Al 5-years targets • Increased partnerships with qudr
Slide 18: Thank you for your time
HOWL COMPA Thank you for your time
Ataa Educational Company — Q1 2022 Earnings Presentation on 6ix