National Co. For Learning & Education · TADAWUL:4291
National Co. For Learning & Education — National Company for Learning and Education — Q1 2020 Earnings Presentation
14 slides from National Co. For Learning & Education's earnings presentation, 2020
Slide 1: Investors Conference Call Q1 2020 Earnings
INVESTORS CONFERENCE CALL Q1 2020 EARNINGS January, 23rd 2019
Slide 2: Disclaimer
DISCLAIMER Information contained in this document is subject to change without further notice and it may not contain all material information concerning National Company for Learning and Education (the “Company”). The Company is not liable or responsible of accuracy of referenced information from ex
Slide 3: NCLE Overview
NCLE OVERVIEW
Slide 4: NCLE celebrates 62 years since its founding to maintain its vision
NCLE CELEBRATES 62 YEARS SINCE ITS FOUNDING TO MAINTAIN ITS VISION 62 Years K-12 14,323 3rd National & International Ranking in Market Share of excellent education Enrolled Students Curriculum in Riyadh 9 Campuses 24,000 207.34 Million 50.39 Million 7 In-operation Student Capacity with FY 2019 Reven
Slide 5: NCLE aim to be a leading education company through expansions
NCLE AIM TO BE A LEADING EDUCATION COMPANY THROUGH EXPANSIONS OPERATIONAL CAMPUSES: PROJECTS UNDER CONSTRUCTION: TNS – Al Rayyan Campus: TNS – Al Qairawan Campus: Opened in 1980 in Al Rayyan District, Riyadh. The project located in Al-Qairawan District, Riyadh. It is constructed on a land area of 59
Slide 6: Maintain its performance with net profit grew by 4% in 2019
NCLE MAINTAIN ITS PERFORMANCE WITH NET PROFIT GREW BY 4% IN 2019 Financial Performance (million SR) Revenue Breakdown (2019) 208 215 204 199 198 1% 1% 164 88 97 99 82 87 69 64 67 67 51 49 50 98% 2014 2015 2016 2017 2018 2019 Revenues Gross Profit Net Profit Tuition Fees Transportation Fee Gym Revenu
Slide 7: Growth Drivers and Challenges
GROWTH DRIVERS AND CHALLENGES
Slide 8: Despite economic challenges, NCLE is committed to continue growing
DESPITE ECONOMIC CHALLENGES, NCLE IS COMMITTED TO CONTINUE GROWING CHALENGES NON-SAUDI EMPLOMENT COSTS INCREASE HRDF SUBSIDY DECREASE DRIVERS POPULATION GROWTH WILL ADD 2 MILLION MOE HAS SET KPIS ON PRIVATE SECTOR TO STUDENTS IN 10 YEARS1 ACHIEVE PENETRATION OF 25% BY 20301 75% 60% 40% 35% 16% UAE Q
Slide 9: 2020 Growth Outlook
NCLE 2020 GROWTH OUTLOOK Expansions Offering • Close recent M&A deals • Open new grades in Buraydah • Continue to explore investment Campus opportunities • Launch international curriculum in • Open Al Qairawan Campus Al-Nuzha and Al-Rayyan
Slide 10: Q1 2020 Financial Results
Q1 2020 FINANCIAL RESULTS
Slide 11: Net profit has improved despite the decrease in gov. grants and subsidization
NET PROFIT HAS IMPROVED DESPITE THE DECREASE IN GOV. GRANTS AND SUBSIDIZATION Revenues (million SAR) Government Grants & Subsidies (million SAR) 49.88 50.59 2.70 Gov. Grants & Subsidies 49.33 Revenues increased by 1.90 decreased by -43% 1.45% compared with Q1- 1.50 compared with Q1-2019 2019 and 2.5
Slide 12: Q1 2020 Financial Results
Q1 2020 FINANCIAL RESULTS Revenue By Campus Gross Margin by Campus 47% 1% 44% 44% 43% 3% 38% 37% 25% 34% 19% 37% 3% N/A Al Rayyan Al Rawabi Al Nuzha Qurtuba Buraydah Al Rayyan Al Rawabi Al Nuzha Qurtuba Buraydah -4% Q1 2019 Q1 2020 • Al-Rayyan and Al-Rawabi campuses have maintain their performance w
Slide 13: Recent announced updates on IPO proceeds
RECENT ANNOUNCED UPDATES ON IPO PROCEEDS • SAR 247 mn was raised through a capital increase on November 2018 for the purpose of executing and operating the following projects: ORIGINAL PLAN o Qassim project: SAR 59.6 mn scheduled to start operation on Sep’20 DISCLOSED ON o Telal Doha (Dharhan): SAR
Slide 14: Thank You
THANK YOU (Q&A) For more information, please feel free to contact us on: investor.relations@edu.com.sa
National Company for Learning and Education — Q1 2020 Earnings Presentation on 6ix