Investor Presentation March 2024
RESTRICTED
Financial Dashboard
Growing proportion of backlog and multi-year contracts underpins strong future revenue and cash flow generation
Revenue Quality - Backlog¹ & Quick Turn²
2%
98%
61%
49%
Revenue Quality - Multi-Year & One-Off
21%
(453M)
29%
(153M)
9%
(90M)
79%
(1,099M)
71%
(1,628M)
91%
(2,233M)
39%
51%
2021
2022
2023
Backlog
Quick-Turn
2021
2022
2023
Multi-Year
One-Off
51% of FY 2023 revenues (AED913.6M) were
from contracts won in FY 2022; 39% of FY 2022
revenues or AED599.5M
■ 91% of FY 2023 revenues (AED 2,233M) from
multi-year contracts; 71% or AED 1,628M in FY
2022
49% of FY 2023 revenues (AED 867.0M) were
from contracts concluded in FY 2023; 61% or
AED952.5M in FY 2022
Multi-year deployments include data centers,
cloud, analytics platforms, project solutions,
support and maintenance programs
Provides a strong foundation for future revenue
and cash performance
1 Backlog implies revenues yet to be accrued on contracts concluded in the previous financial year 2 Quick turn implies revenues from contact concluded in the current year
26 | Confidential
presight
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