Alef Education Holding Plc · ADX:ALEFEDT
Alef Education — Q1 2026 Earnings Presentation
22 slides from Alef Education's earnings presentation, May 1, 2026
Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes forward-looking statements. The forward-looking statements contained in this presentation speak only as of the date of this presentation. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond
Slide 3: Agenda
Agenda Speakers 1 Company & Strategy Overview 2 Q1 2026 at a Glance 3 Summary & Outlook Geoffrey Alphonso Amit Choudhary CEO CFO 4 Concluding Remarks \ Presentation Q1 2026 Earnings 3
Slide 4: Award Winning K-12 Ed-Tech Pioneer with Compelling Fundamentals Driving Long-Term Shareholder Value
Award Winning K-12 Ed-Tech Pioneer with Compelling Fundamentals Driving Long-Term Shareholder Value Why Alef Education? AI-driven, research-backed ✓ Revolutionizing Arabic ✓ Proven impact on learning 1 ✓ Largest home-grown K- 12 EdTech platform ✓ learning innovation literacy with patented outcomes a
Slide 5: Company & Strategy Overview
Company & Strategy Overview Q1 2026 Earnings Presentation
Slide 6: How Alef Education Creates Value
How Alef Education Creates Value Platform Adoption Outcomes Data Improvement Scale Revenue Cash Use of Funds Registered Revenue Cash balance Dividends Products CSAT Usage Trend Independent New students partnerships Alef Core study AED AED 90% dividend ~2.0 M > 19% payout after 100% Alef 180.8 M 675.
Slide 7: Our Product Portfolio
Our Product Portfolio G3-12 Supplementary Assessment Current Offering Development Pipeline Marketplace products Math Assessment English Reading Assessment Science Field Tests Beyond core subjects 1 2024 Arabic Reading Assessment 2025 Miqyas Al Dhad Scale shown in the left, we are Arabic Comprehensiv
Slide 8: Our Growth Pillars
Our Growth Pillars Core (ADEK) Private Schools B2B / B2G Miqyas Al Dhad Stable, long-term contracted Expanding adoption and Growing domestic and Supporting market entry and revenue base deeper engagement international contribution expansion G5-12 public Active 223K Active contracts Commercial school
Slide 9: Q1 2026 Growth Drivers
Q1 2026 Growth Drivers ADEK B2B & B2G Private Schools Miqyas Al Dhad • ADEK contract secured through • 7 active contracts with a revenue backlog of ~AED 42.9 M to be • Platform now serves ~ 188 • Commercial scaling with first 2033 with a revenue backlog of recognised in future periods, private schoo
Slide 10: Q1 2026 at a Glance
Q1 2026 at a Glance Q1 2026 Earnings Presentation
Slide 11: Q1 2026 in Review: Strategic and Operational Milestones
Q1 2026 in Review: Strategic and Operational Milestones Resilient Financial Performance and Margin Expansion Revenue grew 0.6% YoY to AED 180.8M in Q1 2026. EBITDA rose 1.4% to AED 134.6M, maintaining a 74.5% margin. Net profit increased 2.5% to AED 118.1M with a 65.4% margin. Strong Balance Sheet a
Slide 12: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights Revenue EBITDA* Net Profit AED 180.8 M AED 134.6 M AED 118.1 M 0.6% 1.4% 2.5% YoY YoY YoY Cash & Equivalents EBITDA* Margin Net Profit Margin AED 675.6 M 74.5% 65.4% 9.0% (No Debt) 60 bps 120 bps YTD YoY YoY * EBITDA is earnings before interest, tax, depreciation, amorti
Slide 13: Delivering Value Through Profitability and Payout Discipline
Delivering Value Through Profitability and Payout Discipline Earnings Yield Dividend Market Total Yield Cap Assets ~ 7.0% ~ 6.3% ~ AED 6.9 B AED 1,150.0 M In line with ADX index yield Compared to industry1 average of As per 05 May 2026 closing stock price EPS as per FY2026 guidance and 05 ~2% May 20
Slide 14: Summary & Outlook
Summary & Outlook Q1 2026 Earnings Presentation
Slide 15: Financial Guidance FY2026
Financial Guidance FY2026 FY 2025 FY 2026 Comments Audited Guidance +7% The Group’s platform-based model demonstrated strong resilience during regional disruption in Revenue AED 769.5 M YoY Q1 2026, with distance learning activation driving higher engagement without any impact on revenue, reinforcin
Slide 16: Concluding Remarks
Concluding Remarks Q1 2026 Earnings Presentation
Slide 17: Concluding Remarks
Concluding Remarks Resilient Q1 Performance Strengthened Balance Diversified and Contracted Positioned for Sustainable with Margin Expansion Sheet and Cash-Flow Growth Across Core Pillars Growth and Value Creation Visibility • Cash of AED 675.6 M as at 31 March ADEK • Revenue of AED 180.8 million in
Slide 18: Q1 2026 Financial Overview
Q1 2026 Financial Overview Q1 2026 Earnings Presentation
Slide 19: Revenue Growth and Increased Diversification
Revenue Growth and Increased Diversification REVENUE BY SEGMENT (AED MILLION) OPERATING EXPENSES (AED MILLION) 179.7 +0.6% 180.8 46.9 -1.5% 46.2 9.8 10.8 12.6 12.9 8.5 7.6 167.1 167.9 28.6 27.8 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Education Solutions Support & Services Education Solutions Support & Servi
Slide 20: Profitable Growth with Operational Efficiency
Profitable Growth with Operational Efficiency EBITDA* AND MARGIN (%) (AED MILLION) NET PROFIT AND MARGIN (%) (AED MILLION) 73.9% +60 bps 74.5% 64.2% +120 bps 65.4% 132.8 +1.4% 134.6 +2.5% 4.1 5.3 118.1 138.5 140.1 115.3 -9.8 -40.1 -10.8 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Education Solutions Support & S
Slide 21: Balance Sheet as at Q1 2026
Profitable Growth with Operational Efficiency Balance BalanceSheet SheetasatatQ2 Q12025 2026 Net Cash & Debt-to-equity Equivalents ratio Total AED 1,150.0 M AED 675.6 M 0.0x Right of Use Assets 1% +9.0% YTD Dividend 19% Trade & Other 10% Payables • Alef Education maintained a strong cash position of
Slide 22: Thank You
Thank You Q1 2026 Earnings Presentation
Alef Education Holding — Q1 2026 Earnings Presentation on 6ix