Meeza Qstp Llc · QSE:MEZA
Meeza Qstp — H1 2025 Earnings Presentation
19 slides from Meeza Qstp's earnings presentation, Aug 4, 2025
Slide 1: H1 FY2025 Earnings Call
H1 FY2025 Earnings Call 4 August 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 MZA Earnings Presentation 4 August 2025 3
Slide 4: H1 2025 Highlights
H1 2025 Highlights YoY Increase in Total Revenue and Underlying Net Profit; DC expansion in progress Growth Drivers Financial Results Operational Highlights 4 MW ‘M-Vault 4’ expansion +5.1% YoY top-line growth Net Sales pipeline of QR 1.8 at 75% completion with to QR 188.6 million billion modules on
Slide 5: Qatar's Leading Data Center Portfolio
Qatar’s Leading Data Center Portfolio Five Tier-III Data Centers located in Doha & Um Garn DC Capacity Evolution (MW) DC Capacity by M-Vault (MW) 18 24 14 14 14 13 14 8 8 6 1 2 1 2020 2021 2022 2023 2024 Q1 2026 F MV-1 MV-2 MV-3 MV-4 MV-5 MV-6 MV-7 Utilized Free Capacity Under construction Design st
Slide 6: 'M-Vault 4' expansion progress
‘M-Vault 4’ expansion progress 75% completion of project to add 4 MW of data center capacity Crane installation Unloading of Modules Module installation Pipe fitup Installation in progress on site in QSTP and on pace to go live in Q1 2026. MZA Earnings Presentation 4 August 2025 6
Slide 7: Financial Results
02 Financial Results MZA Earnings Presentation 4 August 2025 7
Slide 8: H1 2025 Financial Performance
H1 2025 Financial Performance Vs. H1 2024 Results | QR m Revenue Expenses* EBITDA Net Profit +5.1% +11.2% -6.4% -4.1% 188.6 200.0 200.0 200.0 200.0 179.4 180.0 180.0 180.0 180.0 37.6 160.0 29.7 160.0 160.0 160.0 140.0 140.0 130.8 140.0 140.0 117.6 120.0 120.0 21.9 120.0 120.0 77.1 73.4 100.0 22.9 10
Slide 9: H1 2025 Underlying Performance
H1 2025 Underlying Performance Vs. H1 2024 Results | QR m Revenue U/L Expenses* U/L EBITDA U/L Net Profit +5.1% +5.5% +4.4% +22.0% 188.6 200.0 200.0 200.0 200.0 179.4 180.0 180.0 180.0 180.0 37.5 160.0 29.8 160.0 160.0 160.0 130.8 124.0 140.0 140.0 140.0 140.0 120.0 120.0 21.9 120.0 120.0 77.2 73.4
Slide 10: H1 2025 Underlying Performance: Gross Margin
H1 2025 Underlying Performance Vs. H1 2024 Gross Margin | QR m U/L Gross Margin U/L Data Centre Managed, Cloud & Workplace Solution (SW/HW) & MSI 29.6% 29.3% 40 40.9% 45. 0% 45. 0% 45. 0% 30. 0% 60. 0 60. 0 60. 0 0 36.5% 40. 0% 40. 0% 40. 0% 55.2 60. 0 53.0 35. 0% 35. 0% 35. 0% -20 50. 0 50. 0 50. 0
Slide 11: H1 2025 Financial Performance: Margins Trends
H1 2025 Financial Performance Margins Trends EBITDA Margin Net Profit Margin 39.3% 40. 00% 40. 00% 34.4% 35. 00% 35. 00% 30.6% 28.6% 28.9% 32.3% 30. 00% 30. 00% 30.9% 30.6% 28.6% 25. 00% 28.9% 25. 00% 20. 00% 20. 00% 16.1% 16.7% 15.2% 15. 00% 15. 00% 13.4% 9.2% 15.2% 10. 00% 10. 00% 13.4% 13.1% 5.00
Slide 12: H1 2025 Financial Performance: Capital Expenditure
H1 2025 Financial Performance Capital Expenditure | QR m CAPEX Return of Capital Employed (ROCE)* 275.0 63% 70. 00% 9% 8% 8% 8% 60. 00% 8% 225.0 208.2 7% 50. 00% 7% 40. 00% 6% 175.0 6% 30. 00% 15% 5% 11% 125.0 20. 00% 5% 4% 3% 10. 00% 75. 0 53.8 0.00% 3% 25. 0 14.4 18.8 20.3 -10.00% 2% 1% -20.00% -2
Slide 13: H1 2025 Financial Performance: Cash Flow from Operations
H1 2025 Financial Performance Cash Flow from Operations | QR m Cash generated from Operations* Net Cash 100.0 93.3 180.0 160.0 157.2 80. 0 140.0 46.9 60. 0 120.0 115.0 40. 0 87.3 100.0 74.3 20. 0 0.6 80. 0 0.0 60. 0 55.0 -20.0 (11.7) 40. 0 -40.0 (35.7) 20. 0 -60.0 0.0 H1 2021 H1 2022 H1 2023 H1 2024
Slide 14: Q2 2025 Performance
Q2 2025 Performance Vs. Q1 2025 Results | QR m Revenue Expenses* EBITDA Net Profit +19.9% +23.6% +11.9% +18.5% 200.0 200.0 120.0 200.0 102.8 180.0 180.0 180.0 100.0 160.0 160.0 160.0 85.8 25.4 140.0 140.0 140.0 80. 0 12.1 120.0 120.0 120.0 36.6 100.0 100.0 100.0 60. 0 36.8 80. 0 72.3 80. 0 80. 0 40.
Slide 15: Q2 2025 Underlying Performance
Q2 2025 Underlying Performance Vs. Q2 2024 Results | QR m Revenue U/L Expenses* U/L EBITDA U/L Net Profit +8.0% +7.7% +8.6% +31.4% 200.0 200.0 120.0 200.0 102.8 180.0 180.0 180.0 100.0 95.2 160.0 160.0 160.0 25.4 20.5 140.0 140.0 140.0 80. 0 120.0 120.0 120.0 36.6 100.0 100.0 100.0 60. 0 39.2 72.3 8
Slide 16: | MEEZA
6s | MEEZA
Slide 17: 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
Slide 18: Appendix
Appendix 6s | MEEZA
Slide 19: YTD 2025 Statutory Results: Income Statement and Balance Sheet
H1 2025 Financial Performance YTD 2025 Statutory Results | Income Statement and Balance Sheet Jun 30, 2025 Jun 30, 2024 Jun 30, 2025 Dec 31, 2024 QR 000's (unless otherwise stated) QR 000's (unless otherwise stated) (Reviewed) (Reviewed) (Reviewed) (Audited) Revenue 188,614 179,379 Property, plant a