Perfect Presentation For Commercial Services Co. · TADAWUL:7204
Perfect Presentation For Commercial Services — H1 2023 Earnings Presentation
21 slides from Perfect Presentation For Commercial Services's earnings presentation, 2023
Slide 1: Perfect Presentation for Commercial Services Company 1H2023 Presentation
Perfect Presentation for Commercial Services Company A leading innovative ICT solutions provider in a dynamic market 1H2023 Presentation www.2p.com.sa
Slide 2: Disclaimer
Disclaimer This presentation has been prepared solely for use as an investor presentation for Perfect Presentation for Commercial Services Company (“2P”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation
Slide 3: Table of Contents
TABLE OF CONTENTS Key Messages and Strategic Pillars Investment Case Financial Overview 4
Slide 4: Key Messages and Strategic Pillars
Key Messages and Strategic Pillars www.2p.com.sa
Slide 5: Key Messages
Key Messages 2P continues to witness an improvement in performance, both operationally and financially Sustained Revenue Continued Backlog Robust Profitability Growth Expansion Innovation at the Solid Market Positioning Long-term Value Creation Forefront Agile Business Model Strong Growth Potential
Slide 6: Strategic Pillars
Strategic Pillars For the next few years, 2P is strategically focused on three main pillars to increase its revenue Vision Maintaining and enhancing the Company’s position as the leader in the field of technology solutions and digital transformation. Mission Diversifying Increasing revenue reachabil
Slide 7: Investment Case
Investment Case www.2p.com.sa
Slide 8: A compelling investment opportunity within a dynamic and fast-growing market
A compelling investment opportunity within a dynamic and fast-growing market 2P is a leading innovative ICT solutions provider, offering a comprehensive suite of products and services to its broad customer base 1 2 Comprehensive Solid partnerships and Integrated with key public and Service Offering
Slide 9: Comprehensive and Integrated Service Offering (One-Stop-Shop)
1 Comprehensive and Integrated Service Offering (One-Stop-Shop) 2P has strong digital capabilities and scale, offering integrated and tailored solutions, whilst being agile in meeting the changing demands of customers Tailored Solutions for corporate clients making 2P a one-stop-shop for its custome
Slide 10: Solid partnerships with key public and private enterprises
2 Solid partnerships with key public and private enterprises 2P’s well-established partnerships have positioned the company to enhance its backlog and continue its growth trajectory Customer Experience (“CX”) Sample Clients ❖ Customer Experience includes implementation of call center services throug
Slide 11: Strong underlying fundamentals
3 Strong underlying fundamentals Establishing a solid foundation to generate long-term and sustainable value to shareholders 1H2023 At a Glance Revenue Gross Margin Operating Margin SAR 471 mn 20.0% 15.2% EBITDA Margin Backlog RoIC SAR 1.7 bn 15.8% 11.7% As of 30 June 2023 Return on Equity No. Newly
Slide 12: Robust and expanding backlog
4 Robust and expanding backlog Well-diversified backlog, valued at SAR 1.7 billion, provides high visibility on 2P’s financial performance over the next few years Backlog Evolution (SAR mn) Backlog expanded by 2.9x times over the last 4 years at the back of strong sales force, favorable terms with v
Slide 13: Financial Overview
Financial Overview www.2p.com.sa
Slide 14: 1H2023 Financial Snapshot
1H2023 Financial Snapshot 2P reported a solid set of financial results in 1H2023, driven by continued growth of Software Development and Operation & Maintenance, and launch of Managed Services Key highlights Revenue Gross Profit EBITDA ❖ Revenue continued its growth trajectory, driven by Software SA
Slide 15: Robust financial performance with topline continuing to grow
Robust financial performance with topline continuing to grow 2P’s revenues witnessed a CAGR of 46% during 2019 to 2022 Revenue (SAR Mn) Gross Profit (SAR Mn) 927 250,000,000 19% 20% 20% 18% 18% 18% 20% 200,000,000 180 655 10% 150,000,000 482 471 0% 432 116 100,000,000 91 94 298 79 -10% 55 50,000,000
Slide 16: Robust financial performance with topline continuing to grow
Robust financial performance with topline continuing to grow The Company continued to generate sustained revenues across all lines of business Revenue by LoB (SAR mn) Gross Profit by LoB (SAR mn) 25% 20% 20% 927 18% 19% 18% 20% 18% 229 180 655 15% 41 471 482 141 116 354 432 91 94 3 5 50 10% 117 2 79
Slide 17: Rising trend in profitability
Rising trend in profitability EBITDA and net profit grew at a CAGR exceeding 70% between 2019 - 2022 EBITDA (SAR Mn) Net Profit (SAR Mn) 160,000,000 16% 16% 17% 140,000,000 14% 15% 15% 13% 15% 140,000,000 14% 15% 12% 12% 12% 13% 120,000,000 13% 120,000,000 11% 100,000,000 10% 11% 100,000,000 9% 8% 9
Slide 18: Balance sheet optimization
Balance sheet optimization Strong focus on financial positioning, with maintenance of adequate leverage levels to support growth; average RoE exceeded 57% during 2019 – 2022 Balance Sheet Snapshot (SAR mn) 1,250 202 317 501 807 954 1,050 Shareholders' Equity 850 140 Non-Current Liabilities 311 75 13
Slide 19: Contact Details
Contact Details www.2p.com.sa
Slide 20: IR Contact Details
IR Contact Details Ahmad AlJumah Investor Relations Manager Tel: : +966 55 990 8828 Email: IR@2p.com.sa P.O. Box 105523, Riyadh 11656, Kingdom of Saudi Arabia https://www.2p.com.sa/#/ Visit 2P Investor Relations website 21
Slide 21: Thank you
Thank you www.2p.com.sa
Perfect Presentation for Commercial Services Company — H1 2023 Earnings Presentation on 6ix