Dubai Taxi Co. Pjsc · DFM:DTC
Dubai Taxi Co. Pjsc — Dubai Taxi Company PJSC — Q1 2026 Earnings Presentation
29 slides from Dubai Taxi Co. Pjsc's earnings presentation, 2026
Slide 1: DTC Earnings Presentation
DTC EARNINGS PRESENTATION For the quarter ended 31 March 2026 1
Slide 2: Disclaimer
DISCLAIMER Dubai Taxi Company PJSC (“DTC” or the “Company”) has prepared this presentation (“Presentation”). DTC bases its information on sources considered reliable; however, it does not assure its accuracy or completeness. While this presentation may contain projections and forward-looking stateme
Slide 3: Agenda
AGENDA 1 Key Highlights 2 Operational Performance 3 Financial Review 4 Closing Remarks 5 Q&A 3
Slide 4: Key Metrics – Q1 2026
KEY METRICS – Q1 2026 Resilient operational and Revenue EBITDA Net Profit financial performance AED AED AED 551 121 51 mn mn mn -6% 10% -22% 17% -39% 25% Q1 26 Jan-Feb ‘26 Q1 26 Jan-Feb ‘26 Q1 26 Jan-Feb ‘26 Fleet Size (1) Total Drivers (1) Total Trips (2) 11,417 19,256 11.0 mn 16% YoY 2% YoY -14% Y
Slide 5: Resilience in a Complex Environment
RESILIENCE IN A COMPLEX ENVIRONMENT Resilient Underlying Performance Strategic Execution Supporting Resilience Robust Operational Performance Launched fully driverless commercial ride-hailing Operations remained robust, with no disruption to service, services in Dubai in partnership with Baidu Inc.
Slide 6: Confident in Long-Term Taxi Market Dynamics
CONFIDENT IN LONG-TERM TAXI MARKET DYNAMICS Strong taxi market fundamentals continue to support long-term growth UAE long-term fundamentals Taxi Market Dynamics Strong Market Growth Long-term Growth Outlook Remains Positive Long-term market growth is expected to remain robust, supported by continued
Slide 7: Operational Performance
OPERATIONAL PERFORMANCE 7
Slide 8: Regional Conflict Impact and Response
REGIONAL CONFLICT IMPACT AND RESPONSE Key impact Mitigation and response No operational disruption Operational flexibility • Operations remained fully functional across all segments • Fleet remains fully active and scalable • No service interruptions or capacity constraints • Supply adjusted dynamic
Slide 9: Solid Operational Performance
SOLID OPERATIONAL PERFORMANCE Fleet Size Number of Trips (Million) 1 11,417 12.8 9,872 8.5 8.5 11.0 3,357 1,993 1,132 1,183 537 660 6,217 +9.3% 4.0 6,210 5.0 +30.2% 4.5 3.0 31-Mar-25 31-Mar-26 Q1 25 Q1 26 Jan-Feb 25 Jan-Feb 26 Taxi Limousine Bus Delivery Bike Trips E-hailing Trips Trips E-hailing Tr
Slide 10: Strong Momentum in E-Hailing
STRONG MOMENTUM IN E-HAILING Sustained operational momentum through Bolt App Downloads 1 Total Trips Fleet Partners 1 Cars Registered Strong year-on-year growth in Q1 2026, despite heightened 2.6mn 285 1.3mn 29k regional uncertainty since March +41% vs Q1’25 More than 1,600 Arabia Taxi vehicles are
Slide 11: Q1 2026 Financial Review
Q1 2026 FINANCIAL REVIEW 11
Slide 12: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue EBITDA AED million AED million Margin % ∆ YoY 26.3% 24.6% 26.2% 21.9% -6.3% 9.9% -21.8% 16.9% 588.3 551.1 393.2 432.1 154.4 120.7 96.9 113.2 Q1 25 Q1 26 Jan-Feb 25 Jan-Feb 26 Q1 25 Q1 26 Jan-Feb 25 Jan-Feb 26 Net Profit Net CapEx AED million Margin AED million 14.2% 9.2%
Slide 13: Revenue Across Segments
REVENUE ACROSS SEGMENTS Taxi Limousine Factors driving Revenue performance 83% CONTRIBUTION 5% CONTRIBUTION in Q1 2026 AED million AED million -11.5% -15.0% Taxi 5.1% -9.2% Revenue declined year-on-year, primarily reflecting the impact of heightened regional uncertainty in March. January and Februar
Slide 14: Gross Profit Performance
GROSS PROFIT PERFORMANCE Taxi Limousine Factors driving Gross Profit AED million AED million performance in Q1 2026 26.4% 19.4% 26.2% 25.0% 11.8% 2.9% 17.6% 14.0% -35.2% 0.3% -79.4% -27.8% Taxi Gross profit declined reflecting the impact of heightened regional uncertainty on trip volumes in March. J
Slide 15: Disciplined Cost Management
DISCIPLINED COST MANAGEMENT Total Operating Expenses Breakdown Commentary on operating AED million expenses during Q1 2026 Q1 2025 Q1 2026 14 14 Staff costs 76 73 Represented the majority of expenses during the year amounting to 31% of total expenses 154 149 and decreasing by 3% YoY driven by 19 dec
Slide 16: Profitability and Earnings Performance
PROFITABILITY AND EARNINGS PERFORMANCE Factors driving performance during EBITDA the period Margin AED million 26.3% 21.9% EBITDA decreased 22% YoY to AED 121 million 154 primarily reflecting the impact of heightened regional 10 121 uncertainty on taxi and limousine volumes in March (1) (3) (3) (37)
Slide 17: Healthy Balance Sheet
HEALTHY BALANCE SHEET Balance Sheet – 31 Mar 2026(1) Net Debt Balance sheet highlights Net Debt / LTM EBITDA AED million Total: AED 2,528.1 million Other 4% Solid cash position 14% Due to Related Cash & Cash Parties 1.3x 1.0x 1.0x Cash and cash equivalents balance of AED 358 Equivalents 15% million
Slide 18: Attractive Dividend Profile
ATTRACTIVE DIVIDEND PROFILE Dividends (AED Million) Payout Ratio (% of Net Income) Dividend policy with semi-annual dividend distributions to 85% 85% 85% shareholders Targeting dividend distribution of 160.7 142.0 at least 85% of annual net profit 122.3 H2 2024 H1 2025 H2 2025 Reflects expectation o
Slide 19: Closing Remarks
CLOSING REMARKS 19
Slide 20: Summary
SUMMARY Taxi Market Leader, Resilient Financial Strong Long-Term Multiple Strategic Attractive e-hailing Powerhouse Performance Fundamentals Growth Levers Dividend #1 taxi operator in Maintained solid Growth outlook is Clear strategy in place Attractive dividend Dubai by market profitability with EB
Slide 21: Q&A Session
Q&A SESSION 21
Slide 22: Appendix
APPENDIX 22
Slide 23: Dubai's Flagship Mobility Company
DUBAI’S FLAGSHIP MOBILITY COMPANY Comprehensive mobility solutions across four key segments Dominant Taxi segment market share #1 27% Kabi Taxi services through Limousine with Chauffeur- School and commercial Last-mile delivery Taxi Operator in Dubai (1) large eco-friendly fleet driven luxury vehicl
Slide 24: Bold Strategy Enabling an Ambitious Vision
BOLD STRATEGY ENABLING AN AMBITIOUS VISION Vision The preferred mobility choice for everyone Mission Leading in digital and safe mobility services that meet communities’ needs for convenience, connectivity, and sustainability Strategic Objectives 01. 02. 03. 04. 05. 06. Ensure sustainable Ensure str
Slide 25: Clearly Defined Opportunities
CLEARLY DEFINED OPPORTUNITIES Business Verticals and Strategic Opportunities Taxi Limousine Bus Delivery Digital Additional plates Fleet increases Optimise operations Double down on market Bolt e-hailing platform (with potential share Optimise operations Digital channel growth Loyalty program restru
Slide 26: Delivering Growth Sustainably
DELIVERING GROWTH SUSTAINABLY Largest environmentally RTA’s ESG Strategy friendly fleet in Dubai Hybrid / electric vehicles as a % of Total Fleet (Taxi and limousine) Taxi Fleet Net Zero Environment 100% 0 >93% 100% Environmentally- Emissions in public Current Targeted Friendly transportation by Ahe
Slide 27: Taxi Tariff Trends
TAXI TARIFF TRENDS Per KM fare (AED) +11% since IPO (Airport) +8% since IPO (City) Steady Fare Increases Implemented The RTA has been reviewing taxi tariffs every two months based RTA introduced incremental taxi tariff on prevailing fuel prices, and either maintains or adjusts them as increases, inc
Slide 28: For enquiries, please contact Investor Relations
For enquiries, please contact Investor Relations ir@dtc.gov.ae 28
Slide 29: DTC Investor Relations App
Wwyoiiol Gl6iaj DTC Investor Relations App TE DTC NOW LIVE (ies h ANDROID APP ON J. AVAILABLE ON THE > Google Play € App Store
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