NTG Clarity Networks (NCI) Company Presentation summary

Market opportunity and regional focus

• Saudi Arabia investing $1.3T to drive digital transformation, creating a major ICT growth market with an 8.5% CAGR expected through 2029.

• NTG Clarity generates 95% of its revenue from Saudi Arabia, leveraging over 20 years of local relationships.

• The company is Canadian-led, Egypt-based, and Saudi-focused, utilizing Egypt's skilled, cost-effective IT workforce.

• Major sectors served include finance, enterprise IT, telecom, and government/utilities.

Business model and operations

• Operates two main business lines: digital transformation development services and proprietary software.

• Offshore services offer faster deployment and higher margins, with 50% customer savings over onsite services.

• NTGapps platform enables customizable, no-code enterprise applications for various business needs.

• Over 1,000 IT, network, and engineering professionals support rapid project scaling.

Customer base and contract performance

• Tier 1 customers include major banks, telecoms, and global enterprises such as GE, Ericsson, Nokia, and Vodafone.

• Recent contract wins show increasing size and duration, with a $53M three-year contract and a $105M+ backlog.

• 90% customer retention and 85% recurring or re-occurring revenue, with 54% of customers increasing services.

• 15 consecutive quarters of LTM revenue growth highlight strong demand and execution.