Meeza Qstp Llc · QSE:MEZA
Meeza Qstp — FY2025 Earnings Presentation
18 slides from Meeza Qstp's earnings presentation, Feb 24, 2026
Slide 1: FY2025 Earnings Call
FY2025 Earnings Call 24 February 2025
Slide 2: Disclaimer
This presentation has been prepared by MEEZA QSTP LLC (Public) (the Company) for informational purposes only. Neither this presentation, nor any part of it, may be relied on in connection with, or act as an inducement to, or otherwise as the basis for entering into any contract or commitment whatsoe
Slide 3: Overview
01 Overview Mohamed Alghaithani Chief Executive Officer MZA Earnings Presentation 4 February 2025 3
Slide 4: FY 2025 Highlights
FY 2025 Highlights Double-digit Net Profit growth and Data Center expansion momentum Growth Drivers Financial Results Operational Highlights MV4 expansion completed (4 +8% YoY Revenue growth to QR 1.4 billion in total MW) and final testing phase QR 403.3 million contract value added in 2025 underway
Slide 5: Qatar's Leading Data Center Portfolio
Qatar’s Leading Data Center Portfolio Tier-III Data Centers located in Doha & Um Garn with active pipeline DC Capacity Growth (MW) Current DC Capacity by M-VAULT (MW) 62 56 24 16 32 22 8 13 14 14 14 14 6 8 4 1 2 1 TBA 2020 2021 2022 2023 2024 2025 2026F 2027F 2028F 2029F MV1 MV2 MV3 MV4 MV5 MV6 MV7
Slide 6: MV 4 expansion progress
MV 4 expansion progress Energization complete with RFS expected Q2 FY26 Installation complete with testing and handover to client in progress MZA Earnings Presentation 24 Feb 2026 6
Slide 7: Capacity expansion underway
Capacity expansion underway Construction on 3 new data centers in 2026 M-Vault 6 | Um Garn M-Vault 7 | QSTP M-Vault 8 | QSTP 24 MW 16 MW 4 MW New 4 MW data halls under construction MEEZA’s flagship 24- MEEZA reached the final MEEZA engaged general megawatt Data Center stages of design for its 16- co
Slide 8: Acquisition of Black Arrow ("BA")
Acquisition of Black Arrow (“BA”) 51% stake to transition to full digital infrastructure provider Faster Growth Established player with a proven track record by vertical integration & “full stack” offering. BA has been operating in Qatar for over 15 years and Penetration into OT segments is easier v
Slide 9: Financial Results
02 Financial Results James Corby Chief Financial Officer MZA Earnings Presentation 4 February 2025 9
Slide 10: Q4 2025 Performance vs Q4 2024
Q4 2025 Performance vs Q4 2024 Results | QR m Revenue Expenses* EBITDA Net Profit +0.5% -9.3% +24.0% +31.0% 200.0 200.0 140.0 200.0 180.0 180.0 114.8 115.3 180.0 120.0 160.0 160.0 160.0 21.9 36.5 100.0 140.0 140.0 140.0 120.0 120.0 120.0 80. 0 100.0 82.3 100.0 100.0 55.2 74.6 40.4 60. 0 14.1 80. 0 8
Slide 11: Q4 2025 Performance vs Q3 2025
Q4 2025 Performance vs Q3 2025 Results | QR m Revenue Expenses* EBITDA Net Profit +16.1% +2.9% +48.6% +75.9 200.0 200.0 140.0 200.0 180.0 180.0 115.3 180.0 120.0 160.0 160.0 160.0 99.3 21.9 100.0 140.0 140.0 140.0 22.4 120.0 120.0 120.0 80. 0 100.0 100.0 100.0 55.2 72.5 74.6 39.1 60. 0 80. 0 80. 0 8
Slide 12: FY 2025 Financial Performance vs FY 2024
FY 2025 Financial Performance vs FY 2024 Results | Consolidated | QR m Revenue Expenses* EBITDA Net Profit +7.8% +9.7% +3.8% +10.1% 450.0 450.0 450.0 450.0 403.3 400.0 374.2 400.0 400.0 400.0 350.0 81.8 350.0 350.0 350.0 72.3 300.0 300.0 275.3 300.0 300.0 251.0 250.0 250.0 46.9 250.0 250.0 167.7 46.
Slide 13: FY 2025 Gross Margin by Segment
FY 2025 Performance vs FY 2024 Gross Margin | QR m Gross Margin Data Centre Managed, Cloud & Workplace Solution (SW/HW) & MSI 31.6% 40 30.9% 100.0 40.5% 45. 0% 100.0 45. 0% 100.0 45. 0% 39.7% 0 90. 0 90. 0 90. 0 30. 0% 40. 0% 40. 0% 40. 0% 140.0 124.7 80. 0 80. 0 80. 0 118.3 35. 0% 35. 0% 35. 0% -20
Slide 14: FY 2025 Financial Performance: Margins Trends
FY 2025 Financial Performance Margins Trends Underlying EBITDA Margin* Net Profit Margin 40. 00% 40. 00% 33.0% 32.1% 31.9% 35. 00% 35. 00% 31.0% 31.5% 30. 00% 30. 00% 25. 00% 25. 00% 20. 00% 20. 00% 16.1% 16.5% 14.8% 14.2% 15. 00% 13.4% 15. 00% 10. 00% 10. 00% 5.00% 5.00% 0.00% 0.00% FY 2021 FY 2022
Slide 15: Capital Expenditure and ROCE
FY 2025 Financial Performance Capital Expenditure | QR m CAPEX Return of Capital Employed (ROCE)* 300.0 63% 70. 00% 9% 8% 8% 8% 52% 60. 00% 8% 250.0 50. 00% 7% 208.2 207.8 7% 40. 00% 6% 200.0 6% 30. 00% 15% 5% 150.0 20. 00% 5% 4% 3% 10. 00% 100.0 3% 0.00% 53.8 -10.00% 2% 50. 0 14.4 18.8 -20.00% 1% 0
Slide 16: Cash Flow from Operations
FY 2025 Financial Performance Cash Flow from Operations | QR m Cash generated from Operations* Net Cash 160.0 150.2 180.0 160.0 157.2 140.0 120.0 115.1 140.0 126.2 115.0 92.4 120.0 100.0 90.1 92.0 87.3 100.0 80. 0 80. 0 60. 0 60. 0 55.0 40. 0 40. 0 20. 0 20. 0 0.0 0.0 FY 2021 FY 2022 FY 2023 FY 2024
Slide 17: | MEEZA
6s | MEEZA
Slide 18: Thank You
Thank You Threads an instagram app logo shirt X Social Media White Square icon PNG and SVG Vector Free Download QSTP Free Zone Zone 51, Street 2322, Building 115, Unit 204 Tel: +974 4004 0000 Email: info@meeza.net PO Box 892 Fax: +974 4004 0004 Website: meeza.net Doha - Qatar