Taaleem Investor Presentation slide image

Taaleem Investor Presentation

Financial Indicators (2/2) Working Capital (EGP mn) CAPEX (EGP mn) 350 298 300 (50) (41) (100) (150) (200) (250) (220) FY 18/19 (226) FY 19/20 FY 20/21 FY 21/22 Q1 21/22 Q1 22/23 250 190 200 172 150 110 (129) 100 61 (155) (155) 48% 50 42% 9 31% FY 18/19 FY 19/20 29% FY 20/21 FY 21/22 Q1 21/22 27% Q1 22/23 CAPEX CAPEX/Revenue Net Cash/(Debt) (EGP mn) 329 350 300 275 250 200 150 100 50 107 92 254 201 FY 18/19 FY 19/20 FY 20/21 FY 21/22 Q1 21/22 Q1 22/23 Taaleem | Investor Presentation • . Working Capital recorded negative EGP 155mn as of Q1 22/23. Taaleem has a negative working capital, as tuition is collected prior to the beginning of the semester, resulting in a negative cash conversion cycle (CCC). CAPEX for Q1 22/23 landed at EGP 61mn, recording a CAPEX/Sales of 27%, reflecting expenditures on NUB's new faculties and university hospital in the campus expansion. Having no debt to date, Taaleem remains in a Net Cash position of EGP 201mn. 27
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