Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q2 2022 Earnings Presentation
25 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2022
Slide 1: AWPT Earning and Business Presentation Q2 2022
AWPT Earning and Business Presentation Q2 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Alkhorayef Water & Power Technologies (AWPT) and reflects the management’s current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties. Some of the statements in this presentation constitute
Slide 3: CEO Message - Performance driven
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven Allow me to express our excitement to meet again and share with you last year’s performance and company’s achievements in-light of the great investment opportunities spurred by The Kingdom’s Vision 2030. At Alkhorayef W
Slide 4: CEO Message - Performance driven – Continued
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven – Continued On the financial side, company revenue for Q2 2022 grew by 37% compared to same period previous year, gross profit grew by 19% at a margin of 25%, with net income before zakat growth of 23% at Sar 29.3 milli
Slide 5: AWPT, a unique and exceptional market leader service provider
Alkhorayef Water and Power Technologies “AWPT”, a unique and exceptional market leader service provider AWPT is a major player in the water and wastewater sector in operation for over 30 years AWPT today employs over 6,000 multi-disciplined workforce, and has been consistently achieving High-green/P
Slide 6: AWPT Integrated Services
AWPT Integrated Services Sea & Brackish Water 1 Desalination plants 2 City Management Domestic & Industrial 7 Wastewater Treatment Concession Plants Integrated Water Solutions, 3 6 Development of IST BOT Electromechanical and IWP BOT Strategic Partnerships for 4 5 Heavy Civil, Wet Utility, and Speci
Slide 7: AWPT Today in Numbers
AWPT Today in Numbers Over 15 million 6,950,000m 9 30+ POPULATION SERVED OF WATER NETWORKS MANAGED WASTEWATER TREATMENT PLANTS WATER TREATMENT PLANT 1,800,000m3/day 964 2,150,000m3/day 3,600,000m OF POTABLE WATER TREATED DRINKING WATER WELLS WASTE WATER TREATED OF WASTEWATER NETWORKS MANAGED 480+ 24
Slide 8: Established long-standing relationships with its clients, achieving impressive project retention
Established long-standing relationships with its clients, achieving impressive project retention Projects held for 11 – 15 Representing 10% of years total O&M revenues 18 of which have been renewed Projects held for Over 70 live more than once 6 – 10 Representing 6% of O&M Projects Representing 26%
Slide 9: The Water Segment
The Water Segment Our Water segment includes water withdraw and treatment services and water networks services Water withdraw and treatment encompasses: • Water Treatment Plants – Engineering, procurement, rehabilitation, construction and O&M of large capacity and centralized sea water and brackish
Slide 10: The Wastewater Segment
The Wastewater Segment Our Wastewater segment includes wastewater treatment services and wastewater networks services Wastewater treatment encompasses: • Sewage Wastewater Treatment Plants - Engineering, procurement, execution, commissioning, upgrading and rehabilitating of advanced large-scale plan
Slide 11: The Integrated Water Solutions Segment
The Integrated Water Solutions Segment Our Integrated Water Solutions segment includes stormwater networks services, city management services and water management services Stormwater networks encompasses: • Stormwater Network - Engineering, procurement, execution, commissioning, upgrading, rehabilit
Slide 12: Strong presence across the water value chain in O&M and Project Services
Through its long operational history, AWPT has established strong presence across the water value chain in O&M and Project Services Average Revenue Sea Water Dams Ground Water Contribution Sub-segments (2018 – Q2 2022) 1 1 Water 1 Water supply and treatment 31% Desalination Treatment Upstream 2 Wate
Slide 13: Extensive local knowledge and geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Alhudud Ashimaliyah Hail 3 projects 6 projects 1 workshops 2 workshops Tabuk Qassim 2 projects 7 projects 1 workshops 1 workshops Almadinah Riyadh 6 projects 24 projects 2 workshops 6
Slide 14: Revenue Backlog as of Q2 2022
Revenue Backlog as of Q2 2022 Revenue backlog — Backlog revenue increased from SAR 483M as at Dec 17 to SAR 3.5B as at Q2 as at June 22 with a CAGR of 49% — AWPT’s closing backlog of SAR 1.64B as at Dec 21, was driven by the acquisition of new projects with a total value of SAR 1.3B during 2021 — AW
Slide 15: Backlog Recognition for Q3-Q4 2022, FY23 – FY28
Backlog Recognition for Q3-Q4 2022, FY23 – FY28 Revenue Recognized — Total backlog as at 2Q 22 is SR 3.58B, out of which are SR167M backlog generated from ERWAA (AWPT Subsidiary) for MOMC of Riyadh Cluster project. This amount is AWPT’s share from contract.
Slide 16: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog Diversification Maintaining a Versatile and Revenue and Backlog by Segment Comprehensive Operations SAR'000 Jun-21 Jun-22 Backlog (June 22) Water segment • Maintained revenue diversification segment and subsegment wise across the full value chain
Slide 17: Q2 2022 Results
Q2 2022 Results Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance PTD Q2 2022 PTD Q2 2021 YoY % PTD Q2 2022 PTD Q1 2022 YoY % Statement of Profit or Loss Actual Actual Change Actual Actual Change Q2 2022 vs Q2 2021 Revenue 184.43
Slide 18: Revenue by Segment and Contract Type
Revenue by Segment and Contract Type Revenue by Segment (SAR MN) Revenue by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 569 569 521 521 118 80 423 89 101 423 356 76 358 177 356 358 48 178 116 268 53 131 126 105 268 48 148 489 33 87 86 420 254 274 307 304 21
Slide 19: Margins
Topline growth met with industry leading profitability margins Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 151 151 143 143 22 9 22 21 119 119 9 60 50 34 89 89 76 50 77 77 10 76 3 5 29 9 9 122 129 24 27 18 79
Slide 20: EBITDA Margins
Topline growth met with market leading profitability margins EBITDA (SAR MN) Net Income before Zakat (SAR MN) Net Income 114 111 EBITDA 137 133 92 109 81 58 70 51 54 65 2018 2019 2020 2021 Q2-2021 Q2-2022 2018 2019 2020 2021 Q2-2021 Q2 -2022 Margins Margins EBITDA 2018 2019 2020 2021 Q2 -2021 Q2 -20
Slide 21: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 177 Balance Sheet (SAR MN) 371 Equity 78 197 75 Non-Current Liabilities 305 829 49 67 292 Current Liabilities 123 215 36 41 469 517 54 Non-Current Assets 78 83 439 20 344 339 36 Current Assets 224 162 229 169 236 154 Key Ratios Unit 2017
Slide 22: AWPT strategically positioned to thrive in KSA's evolving water market
As a local champion, AWPT is strategically positioned to thrive in KSA’s evolving water market Strengthen leadership position in O&M Services, with focus on newly floated long-term O&M (LTOM) projects and city management projects Strategic Objectives Expand in Project Services for critical infrastru
Slide 23: Major New Bidding Opportunities
Major New Bidding Opportunities Long Term Operation and Maintenance , LTOM Projects • Company was the only local subcontractor successfully pre-qualified solely to participate in the long-term operation and maintenance contract for 5 which might extend to 7 packages. • the 5-7 packages of LTOM compr
Slide 24: Targeting expansion in the wastewater sector and privatization projects
AWPT is targeting to expand its presence in the wastewater sector and enter the new privatization projects independent sewage collection networks and treatment plants AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Water supply & treatment Water netwo
Slide 25: Targeting expansion in the water sector and independent water transmission pipelines
AWPT is targeting to expand its presence in the water sector and enter the independent water transmission pipelines IWTP market via a strategic partnership AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Water supply & treatment Water networks WW trea
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