Talabat Holding Plc · DFM:TALABAT
Talabat — Q2 2025 Earnings Presentation
17 slides from Talabat's earnings presentation, Aug 12, 2025
Slide 1: Q2 2025 Results
Q2 2025 Results 12 August 2025 THE LEADING ON-DEMAND DELIVERY PLATFORM IN MENA 1
Slide 2: Today's presenters and agenda
Today’s presenters and agenda Agenda for today TOMASO RODRIGUEZ CEO 1. Business update KHALED ALFAKESH 2. Financials CFO 3. Q&A SHADI SALMAN IR 2
Slide 3: Business update
Business update 3
Slide 4: Key financial highlights for Q2 2025
Key financial highlights for Q2 2025 USD (cFX) USD (cFX) USD USD 2.5bn 986mn 166mn 116mn +33% y/y (1) +36% y/y (1) 6.8% of GMV 4.8% of GMV (2) Management Adjusted Adjusted GMV Growth (1) Revenue EBITDA Net Income Dividends in respect of Q4 2024 of USD 110mn were approved at the AGM in April 2025. We
Slide 5: We have doubled down and accelerated delivery on our growth strategy
We have doubled down and accelerated delivery on our growth strategy MAU growth has accelerated over the last 12 months… ...owing to an increased focus on our strategic pillars Platform Monthly Active Users, y/y growth Selection Multi-verticality (1) Active Partners 21% 4pp ~25% 77K 34% y/y 63K 30%
Slide 6: Expanding our ecosystem value through family plans
Expanding our ecosystem value through family plans Our new Family Plan brings talabat pro benefits (1) Key updates to the whole household One plan, 4 family members, and parental control features Cost saving per person ~60% vs the solo plan (2) Key value proposition 4 Family Members Share talabat pr
Slide 7: Financials
Financials 7
Slide 8: Strong GMV growth driving revenue expansion
Strong GMV growth driving revenue expansion talabat-only GMV (USD million) Management Revenue (USD million) % of GMV 39% 40% +32% y/y +33% y/y (1) +35% y/y +36% y/y (1) 2,439 1,852 982 727 Q2 ‘24 Q2 ‘25 Q2 ‘24 Q2 ‘25 Strong GMV growth driven by sustained momentum, across all Revenue growth continued
Slide 9: Strong profitability and cash flow
Strong profitability and cash flow talabat-only Adj. EBITDA (USD million) Adj. Net Income (USD million) Adj. Free Cash Flow (USD million) % of GMV 6.8% 6.8% % of GMV 5.0% 4.8%(1) % of GMV 7.0% 7.8% +47% y/y +31% y/y +25% y/y 190 166 116 129 126 93 Q2 ‘24 Q2‘25 Q2‘24 Q2‘25 Q2 ‘24 Q2‘25 Adj. EBITDA gr
Slide 10: Full year 2025 guidance (talabat only excl. instashop)
Full year 2025 guidance (talabat only excl. instashop) Performance Measures Guidance (1,2) Actuals (2) Revised Guidance (2) FY 2025 H1 2025 FY 2025 GMV growth 17-18% 33% 27-29% (y/y at constant currency) USD 8.7-8.8bn USD 4.6bn USD 9.4-9.6bn Management Revenue growth 18-20% 37% 29-32% (y/y at consta
Slide 11: Q&A
Q&A 11
Slide 12: Appendix
Appendix 12
Slide 13: instashop financial results with room for improvement
instashop financial results with room for improvement… ly instashop-on GMV (USD million) Adj. EBITDA (USD million) Adj. Net Income (USD million) % margin % margin 1.5% 1.4% 1.0% 0.8% of GMV of GMV +14% y/y +16% y/y (1) +7% y/y 177 -9% y/y 155 2.4 2.5 1.5 1.4 Q2 ‘24 Q2‘25 Q2‘24 Q2‘25 Q2 ‘24 Q2‘25 Adj
Slide 14: H1'25 vs H1'24 view (talabat only excl. instashop)
H1’25 vs H1’24 view (talabat only excl. instashop) GMV Adj. EBITDA 6.7% 6.8% % margin of GMV +31% y/y +33% y/y (1) +32% y/y 4,523 3,455 305 231 H1 ‘24 H1 ‘25 H1 ‘24 H1 ‘25 Adj. Net Income 5.0% 4.8% % margin of GMV Adj. FCF 6.5% 7.2% % margin of GMV +44% y/y +24% y/y 325 215 173 226 H1 ‘24 H1 ‘25 H1
Slide 15: Alternative Performance Measures ("APMs")
Alternative Performance Measures (“APMs”) talabat regularly uses alternative performance measures which are relevant to enhance the understanding of the financial performance and financial position of the Company. These measures may not be comparable to similar measures used by other companies; they
Slide 16: Disclaimer
Disclaimer The information contained in this presentation (the “Presentation”) represents a summary of the pro forma financial statements for the three-month period ended 30 June 2025 (the “Q2 2025 Financial Statements”) of Talabat Holding plc (“talabat” or the “Company”). This presentation does not
Slide 17: Thank you!
Thank you! ir@talabat.com 17