Lumi Rental Company · TADAWUL:4262
Lumi Rental — Q2 2025 Earnings Presentation
20 slides from Lumi Rental's earnings presentation, August 2025
Slide 1: Earnings Presentation 2Q 2025
EARNINGS PRESENTATION 2Q 2025
Slide 2: Business Overview
Business Overview 1 Lumi Lumi EarningsPresentation Earnings Presentation | 5| 5 August 2025 August 2025 2
Slide 3: Executing growth strategy with disciplined delivery in 2Q 2025
Executing growth strategy with disciplined delivery in 2Q 2025 Lease and Rental momentum, improved operating leverage, and lower finance costs support 18% net profit growth Revenue (¥ Mn) Gross profit margin (%) Net profit (¥ Mn) +15% +18% 30.1% 29.3% 28.8% 403 402 412 416 28.0% 49 53 54 360 46 40 2
Slide 4: Business Segments Performance
Business Segments Performance 1 Lumi Lumi EarningsPresentation Earnings Presentation | 5| 5 August 2025 August 2025 4
Slide 5: Focused fleet strategy supports growth
Focused fleet strategy supports growth Lease fleet expanded 4% year-on-year, maintaining overall fleet size amid tactical rental optimization Total fleet size (vehicles) 2Q 2025 Purchased vehicles (over the period) 2Q 2025 +2% +2% 33,518 33,488 34,105 34,917 34,039 2,819 2,722 2,341 1,091 1,117 -0%
Slide 6: Resilient rental performance supported by pricing and utilization
Resilient rental performance supported by pricing and utilization Solid revenue growth delivered through higher pricing, strong corporate demand, and a presence across key KSA locations Rental fleet size (vehicles) 2Q 2025 Rental revenue (¥ Mn) 2Q 2025 Rental, vehicle utilization (%) 2Q 2025 -4% +19
Slide 7: Expanding nationwide reach through a strong branch network
Expanding nationwide reach through a strong branch network The current footprint provides dense coverage across key population hubs, airports, and industrial cities Airport branch Turaif Downtown branch Total branches 41 Al Jouf The extensive branch Neom network is a key driver of Tabuk Hail 2Q 2025
Slide 8: Solid lease revenue momentum driven by pricing and mix
Solid lease revenue momentum driven by pricing and mix Fleet held broadly flat while revenue advanced double-digit, as performance was supported by improved pricing and customer mix Lease fleet size (vehicles) 2Q 2025 Lease revenue (¥ Mn) 2Q 2025 +4% +23% 23,840 23,788 23,647 167 164 22,657 22,571 1
Slide 9: Strong sales volumes offset weaker pricing dynamics
Strong sales volumes offset weaker pricing dynamics Used vehicle sales increased despite pressure on unit prices, reflecting a temporary adjustment in sales mix Sold vehicles (over the period) 2Q 2025 Used car sales revenue (¥ Mn) 2Q 2025 +31% +3% 2,371 139 2,202 123 1,995 113 119 117 1,910 1,518 +5
Slide 10: Financial Overview
Financial Overview 1 Lumi Lumi EarningsPresentation Earnings Presentation | 5| 5 August 2025 August 2025 10
Slide 11: Strength in core operations drives resilient earnings performance
Strength in core operations drives resilient earnings performance Net profit rose 18% year-on-year in 2Q 2025, driven by strong gross profit expansion and lower financing costs ¥ Mn 1H 2025 1H 2024 YoY, % 2Q 2025 2Q 2024 YoY, % Net profit for the period movement YoY (¥ Mn) 2Q 2025 +18% Revenues 828
Slide 12: Balanced revenue contribution across core operating segments supports topline expansion
Balanced revenue contribution across core operating segments supports topline expansion Total revenue rose 15% year-on-year in 2Q 2025, with strong contributions from Lease and Rental, while segment mix remained stable Total revenue from contracts with customers (¥ Mn) 2Q 2025 Total revenue segmenta
Slide 13: Expenses rise driven by operational scale-up and enhanced customer service
Expenses rise driven by operational scale-up and enhanced customer service Total expenses rose 8% year-on-year in 2Q 2025, driven by cost of revenue, while G&A expenses declined 2% on lower outsourcing & subscription costs Total expenses1 breakdown (¥ Mn) 2Q 2025 Total Cost of revenues movement YoY
Slide 14: Strong earnings growth and return profile sustained in 2Q 2025
Strong earnings growth and return profile sustained in 2Q 2025 Continued profitability supports strong return ratios and capital efficiency Adjusted EBITDA1 (¥ Mn) 2Q 2025 Return metrics (%) 2Q 2025 +8% 308 303 308 311 18.5% 288 17.2% 16.8% 16.7% 16.8% +7% -2% +2% +1% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 1
Slide 15: Consistent balance sheet structure
Consistent balance sheet structure Growth in current assets offset lower vehicle investments, while liabilities remained flat year-to-date ¥ Mn 2Q 2025 FY 2024 YtD % Change Total assets movement YTD (¥ Mn) 2Q 2025 +3% Total Non-Current Assets 2,958 3,000 -1% 117 24 3,473 3,374 incl. Vehicles 2,822 2
Slide 16: Balanced funding approach sustained
Balanced funding approach sustained Stable leverage profile maintained alongside ongoing business growth Total debt (¥ Mn) 2Q 2025 Net debt (¥ Mn) 2Q 2025 -2% -4% 1,850 1,805 1,823 1,753 1,708 1,638 1,648 1,605 1,610 1,580 -8% -6% +2% +10% -10% -4% +2% +9% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 2Q 24 3Q 24 4
Slide 17: Resilient liquidity in the face of ongoing fleet growth
Resilient liquidity in the face of ongoing fleet growth Investment activity remained high, with sufficient cash generated and financing in place to support business needs ¥ Mn 1H 2025 1H 2024 YoY % 2Q 2025 2Q 2024 YoY % Cash & cash equivalents movement YoY (¥ Mn) 2Q 2025 Profit after Zakat 107 91 +1
Slide 18: Q&A
Q&A 1 Lumi Lumi EarningsPresentation Earnings Presentation | 5| 5 August 2025 August 2025 18 18
Slide 19: Lumi Rental Company Investor Relations
Lumi Rental Company Investor Relations investors@lumirental.com 1 Lumi Lumi EarningsPresentation Earnings Presentation | 5| 5 August 2025 August 2025 19 19
Slide 20: Disclaimer
Disclaimer All information included in this document is for general use only and has not been independently verified, nor does it constitute or form part of any invitation or inducement to engage in any investment activity, nor does it constitute an offer or invitation or recommendation to buy or su