Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q3 2022 Earnings Presentation
27 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2022
Slide 1: AWPT Earning and Business Presentation Q3 2022
AWPT Earning and Business Presentation Q3 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 Q3 2022 grew by 40% compared to same period previous year, gross profit grew by 26% at a margin of 23%, with net income before zakat growth of 26% at Sar 30.72 mill
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 Desalination plants 1 Domestic & Industrial 2 City Management 7 Concession Wastewater Treatment 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 Projects held for 18 of which have been renewed 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 – Q3 2022) 1 Water 1 1 Water supply and treatment 31% Desalination Treatment Upstream 2 Wate
Slide 13: Extensive local knowledge and significant 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 1 projects 7 projects 1 workshops 1 workshops Almadinah Riyadh 6 projects 26 projects 2 workshops 6
Slide 14: Revenue Backlog as of Q3 2022
Revenue Backlog as of Q3 2022 FY 17 FY 18 FY 19 FY 20 FY 21 Q3 22 3,434 2,334 million Saudi Riyals 1,641 1,106 1,078 839 764 658 582 483 494 -319 -400 -497 -543 -541 Direct Revenue New Contracts / Change Orders Backlog Revenue backlog — As at Dec19, revenue backlog increased by 27.6% due to the awar
Slide 15: Backlog Recognition for Q4 2022, FY23 – FY28
Backlog Recognition for Q4 2022, FY23 – FY28 Revenue Recognized — Total backlog as at 3Q 22 is SR 3.43B, 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. — Year 2022 is expected to achieve 832M reven
Slide 16: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog by Segment Revenue and Backlog Diversification Maintaining a Versatile and SAR'000 Sep-21 Sep-22 Backlog (Sep 22) Comprehensive Operations Water segment 63,016 74,871 1,942,781 • Maintained revenue diversification segment and subsegment wise acros
Slide 17: Executive Summary for AWPT Performance – Q3 2022
Executive Summary for AWPT Performance – Q3 2022 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance PTD Q3 2022 PTD Q3 2021 YoY % PTD Q3 2022 PTD Q2 2022 YoY % Q3 2022 vs Q3 2021 Statement of Profit or Loss Actual Actual Actual Ac
Slide 18: Executive Summary for AWPT Performance – Q3 2022 YTD
Executive Summary for AWPT Performance – Q3 2022 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance Financial Performance – Results include incorporation of Statement of Profit or YTD Sep YTD Sep YoY % additions to ECL provision from Q1 2022. Loss 2022
Slide 19: Revenue by Segment and Contract Type
5 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 569 551 569 551 521 521 118 80 84 423 89 101 192 423 406 406 356 76 356 177 66 50 48 178 116 131 127 131 105 148 489 467 420 356 254 27
Slide 20: Topline growth met with improving profitability margins
5 Topline growth met with improving profitability margins Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) Water Wastewater Integrated Water Solution O&M Project Services 151 151 143 143 134 9 22 22 119 134 21 112 119 17 9 112 8 43 60 50 34 13 76 50 38 76 3 25 9 24 129 122 117
Slide 21: Topline growth met with improving profitability margins
5 Topline growth met with improving profitability margins EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA EBITDA margin Net Income Net Income Margin 24% 25% 24% 22% 20% 20% 23% 16% 26% 22% 133 137 114 126 111 20% 109 14% 92 96 89 78 70 51 2018 2019 2020 2021 Q3-2021 Q3-2022 2018 2019 2020 20
Slide 22: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position 197 Balance Sheet (SAR MN) 399 Equity 78 208 75 Non-Current Liabilities 305 842 49 67 292 Current Liabilities 123 215 36 41 469 517 54 Non-Current Assets 78 83 432 20 344 339 36 Current Assets 224 229 169 236 162 154 Key Ratios Unit 2017
Slide 23: 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 24: 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 25: New Business – Privatization Projects
New Business – Privatization Projects Development Project • Company submitted the prequalification for 9 development projects with SWPC : SOQ Submission RFP Release Sq. Project Name Brief Scope of Work Qualification Status Date Date JIZAN Small Sewage Treatment Plant (SSTP) and Collection Qualificat
Slide 26: Targeting to expand in the wastewater sector and enter 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 27: Targeting to expand in the water sector and enter the IWTP market
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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