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INVESTOR PRESENTATION March 2025
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3 Disclaimer The information contained herein has been prepared by Ezdan Holding Group Q.P.S.C (“Ezdan”). Ezdan relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Some of the information in this presentation and related conference call may contain projections or other forward-looking statements regarding future events or the future financial performance of Ezdan. These forward-looking statements include all matters that are not historical facts. The inclusion of such forward-looking information shall not be regarded as a representation by Ezdan or any other person that the objectives or plans of Ezdan will be achieved. any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise from time-to-time, and it is impossible to predict these events or how they may affect Ezdan. Ezdan undertakes no obligation to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise. Figures are being rounded, and that rounding differences may appear throughout the presentation.
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4 HIGHLIGHTS Q1-2025 RENTAL INCOME 443 MM OPERATING PROFIT 386 MM TOTAL ASSETS 46,406 MM BORROWINGS 11,380 MM TOTAL EQUITY 33,582 MM NET PROFIT 153 MM EPS QR 0.006
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5 Financial Performance Overview CONSOLIDATED STATEMENT OF PROFIT OR LOSS 31/03/2025 31/03/2024 Changes Changes 31 March 2025 QR"000 QR"000 QR"000 % Rental income 443,457 435,014 8,443 +1.9% Other operating revenues 21,225 25,388 (4,163) -16.4% Operating expenses (78,298) (85,202) 6,904 -8.1% Operating profit for the period 386,384 375,200 11,184 +3.0% NET OPERATING PROFIT 386,384 375,200 11,184 +3.0% Other income 2,039 3,466 (1,427) -41.2% General and administrative expenses (19,974) (22,659) 2,685 -11.8% Depreciation (6,206) (5,432) (774) +14.2% Finance costs (217,917) (252,503) 34,586 -13.7% Impairment of doubtful receivables (2,360) (780) (1,580) +202.6% (Loss)/ Gain from foreign currency exchange 11,075 (1,840) 12,915 -701.9% Net Profit 153,041 95,452 57,589 +60.3% Shareholders of the Group 153,041 95,453 57,588 +60.3% Non Controlling Interest - (1) 1 -100.0% EPS (QR) 0.006 0.004 0.002 +61.1%
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6 Financial Performance Overview Rental Revenue by Segment 31/03/2025 31/03/2024 Changes Changes QR"000 QR"000 QR"000 % Residential and commercial properties 378,910 364,656 14,254 +3.91% Hotel and Suites 47,854 51,286 -3,432 -6.69% Malls 16,693 19,072 -2,379 -12.47% 443,457 435,014 8,443 1.94% 378,910 47,854 16,693 364,656 51,286 19,072 Residential and commercial properties Hotel and Suites Malls 31/03/2025 31/03/2024
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7 Financial Performance Overview Operating expenses by Segment 31/03/2025 31/03/2024 Changes Changes QR"000 QR"000 QR"000 % Residential and commercial properties 55,941 60,041 (4,100) -6.83% Hotel and Suites 15,693 18,088 (2,395) -13.24% Malls 6,664 7,073 (409) -5.78% 78,298 85,202 (6,904) -8.10% 55,941 15,693 6,664 60,041 18,088 7,073 Residential and commercial properties Hotel and Suites Malls 31/03/2025 31/03/2024
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8 Financial Performance Overview Operating profit by Segment 31/03/2025 31/03/2024 Changes Changes " operating profit ÷ ( rental revenue + other operating revenue)" % Residential and commercial properties (QR"000) 332,617 312,753 19,864 +6.4% Residential & commercial property (%) +86% +84% Hotel and Suites (QR"000) 38,870 44,338 (5,468) -12.3% Hotel & Suites (%) +71% +71% Malls (QR"000) 14,897 18,109 (3,212) -17.7% Malls (%) +69% +72% Total Operating Margin (QR"000) 386,384 375,200 11,184 2.98% Total Operating Margin (%) +83% +81% 332,617 312,753 +86% +84% 31/03/2025 31/03/2024 Residential and Commercial Properties Gross Profit (QR'000 & %) 38,870 44,338 +71% +71% 31/03/2025 31/03/2024 Hotels and Suites Gross Profit (QR'000 & %) 14,897 18,109 +69% +72% 31/03/2025 31/03/2024 Malls Gross Profit (QR'000 & %) 386,384 375,200 +83% +81% 31/03/2025 31/03/2024 Total Gross Profit (QR'000 & %)
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9 Financial Position e Overview Consolidated Statement Of Financial Position 31/03/2025 31/12/2024 Changes Changes 31 March 2025 QR"000 QR"000 QR"000 % Cash and bank balances 131,402 113,210 18,192 +16% Receivables and prepayments 87,742 74,688 13,054 +17% Inventory 14,403 14,320 83 +1% Due from related parties 453 453 - 0% Investment properties 45,499,768 45,488,397 11,371 +0% Property and equipment 672,086 676,825 (4,739) -1% TOTAL ASSETS 46,405,854 46,367,893 37,961 +0% Payables and other liabilities 355,334 379,166 (23,832) -6% Due to related parties 1,088,978 1,369,872 (280,894) -21% Islamic financing borrowings 11,379,715 11,185,540 194,175 +2% TOTAL LIABILITIES 12,824,027 12,934,578 (110,551) -1% Share capital 26,524,967 26,524,967 - 0% Legal reserve 1,717,025 1,717,025 - 0% Foreign currency translation reserve (572) 3,957 (4,529) -114% Retained earnings 5,515,808 5,362,767 153,041 +3% Equity Holders of the Parent 33,757,228 33,608,716 148,512 +0% Non-controlling interest (175,401) (175,401) - 0% Total Equity 33,581,827 33,433,315 148,512 +0% TOTAL LIABILITIES AND EQUITY 46,405,854 46,367,893 37,961 +0%
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10 Financial Cash Flow Overview Consolidated Statement Of Cash Flows 31/03/2025 31/03/2024 Changes Changes 31 March 2025 QR"000 QR"000 QR"000 % Net cash flows from operating activities 338,915 329,183 9,732 +3% Net cash flows (used in) investing activities (5,289) (28,183) 22,894 -81% Net cash flows (used in) financing activities (304,636) (251,516) (53,120) +21% (Decrease) /Increase in cash and cash equivalents 28,990 49,484 (20,494) -41% 338,915 (5,289) (304,636) 329,183 (28,183) (251,516) Net cash flows from operating activities Net cash flows (used in) investing activities Net cash flows (used in) financing activities 31/03/2025 31/03/2024
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11 Got any questions? ezdanholding.qa/EHDinvestors ir@ezdanholding.qa