Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q1 2022 Earnings Presentation
30 slides from Human Soft Holding Co. Kscc's earnings presentation, May 11, 2022
Slide 1: Humansoft Holding Company KSCP Investor Presentation Q1 2022 Results
Humansoft Holding Company KSCP Investor Presentation Q1 2022 Results 11 May 2022 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q1 2022 Disclaimer • The information set out in this presentation and provided in the discussion • This presentation does not disclose all the risks and other significant subsequent thereto does not constitute an offer or solicitation of an offer to issues related to an investment in any securities/
Slide 3: Contents
Q1 2022 Contents Key highlights 4-8 At a glance 9-10 We are proud of our achievements 11 Board & Executive Management 12-13 Share price performance 14 Consistently High EPS & Dividend payout 15 Research coverage 16 Q1 2022 Converging Towards Normalcy 17-19 FY 2021 financial performance 20-21 Student
Slide 4: Key Highlights
Q1 2022 KEY HIGHLIGHTS 3
Slide 5: Key Highlights: World-class Higher Education Institution
Q1 2022 Key Highlights World-class Higher Education Institution with a national and regional leading role AUM has been ranked by QS World University Rankings by Subject #1 in Kuwait for Engineering and Technology as well as Social Sciences and Management where it made it to the Top 10 across the Ara
Slide 6: Key Highlights: Strengthening Partnerships for Quality Education
Q1 2022 Key Highlights Strengthening Partnerships for Quality Education, Innovation and Sustainability AUM and Babson have signed a memorandum of understanding (MOU) that allows AUM Bachelor's Degree (BS) graduates, to enroll in the Graduate programs at Babson’s F.W. Olin Graduate School of Business
Slide 7: Key Highlights: Spring 2022 Semester Beginning
Q1 2022 Key Highlights Festive and stimulating beginning of the Spring 2022 Semester within a vibrant campus Spring 2022 semester marks a very festive beginning with celebrations on Kuwait National and Liberation Days and various other occasions such as Women’s Day. Concert by Abdallah Alruwaishid f
Slide 8: Key Highlights: Celebrating Students and Parents
Q1 2022 Key Highlights Celebrating the Rewarding Journey of Students and their Parents Over a period of two weeks, the AUM community gathered to celebrate the success of its 2020 and 2021 graduates, at the AUM Cultural Center. AUM Management, faculty, staff, and parents Class of 2020 attended the gr
Slide 9: At a Glance
INSOFT Empowering People Through Knowledge LEGE of BUSINESS | ADMINISTRATION.
Slide 10: At a Glance
Q1 2022 At a Glance Leading 20+ 13,7531 University private higher years of operating enrolled students in of choice education company experience AUM and ACM in the GCC for Engineering and Business KD 91.7 KD 64.4 37% 400 fils million million 2013-2021 net profit cash dividend per CAGR share for FY 2
Slide 11: We are proud of our achievements
Q1 2022 We are proud of our achievements #1 Ranking #1 Ranking Internationally University Green & Sustainable Accredited in Kuwait University in Kuwait Engineering & Business Majors Over 700 Over 60% Over 70 trees have been female different staff planted in the campus students nationalities Over 130
Slide 12: Board & Executive Management
Q1 2022 Board & Executive Management 11
Slide 13: Board & Executive Management
Q1 2022 Board & Executive Management Name Position Ms. Dalal Hasan Al Sabti Chairperson Board Mr. Tareq Fahad Al Othman Vice Chairman of Directors Mr. Mayank Hasmukhlal Baxi Director Mr. Hasan Qasim Al Ali Director Mr. Abdulrazaq Abdulla Mohammad Ahmed Director Name Position Executive Dr. Georges Ya
Slide 14: Share Price Performance
Q1 2022 Share Price Performance Shareholding (31 March 2022) KD Closing price as at 31 March 2022 3.229 Market Cap (KD mn) 1 393 Market Cap (USD bn) 1.3 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.27% 52-weeks high 2 3.891 6% Public Institute for Social Security 3.090 52-w
Slide 15: Consistently high EPS & Dividend payout
Q1 2022 Consistently high EPS & Dividend payout • Average dividend payout in EPS / Dividend / Dividend payout last 10 years has been in 78% excess of 70%. 514 • EPS for 2021 was 514 fils, an 130% increase of 67% over 2021 400 400 EPS of 308 fils. 0% 71% • Cash dividend of 400 fils per 76% 295 308 80
Slide 16: Research Coverage
Q1 2022 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.400 15 February 2022 • Mirna Maher HSBC 5.300 24 March 2022 • Ankur Agarwal • Aly Adel Beltone 5.130 10 May 2021 • Toka Elwazery 4.300 10 February 2022 • Christine Kalindjian • Nishit Lakhotia SICO 4.200 1
Slide 17: Q1 2022 Converging Towards Normalcy
Q1 2022 Q1 2022 Converging Towards Normalcy 11
Slide 18: Converging towards normalcy
Q1 2022 Converging towards normalcy Q1 2022 vs. Q1 2021 • Revenue and profitability for Q1 2021 and Q1 2022 is not comparable. • Academic calendar was impacted due to COVID in the year 2020 and 2021, which resulted in a higher revenue in Q1 2021. • Q1 2022 Academic calendar for Spring 2022 is back t
Slide 19: Revenue Recognition
Q1 2022 Revenue Recognition FY 2019 FY 2020 FY 2021 FY 2022 (Normal Year) (COVID Year) (COVID Year) (Converging to normalcy) Q1 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 25% Fall 2021/2022 • 40% Spring 2019 • 20% Spring 2020 • 25% Spring 2021 • 40% Spring 2022 Q2 Q2 Q
Slide 20: Q1 2022 Financial Performance
Q1 2022 Q1 2022 Financial Performance (converging towards normalcy) 11
Slide 21: Financial Performance - Q1 2022
Q1 2022 Financial Performance - Q1 2022 • FY 2020 and FY 2021 academic calendars were Key figures and ratios Q1 2021 Q1 2022 Change COVID impacted and are converging to normalcy in Q1 2022. Number of students (Fall) 13,763 13,753 - • Q1 2022 revenue was 15% lower compared to Q1 Revenue (KD mn) 27.5
Slide 22: Student Enrollment growing at a CAGR of 16%
Q1 2022 Student Enrollment growing at a CAGR of 16% Total CAGR 16% AUM CAGR 19% ACM CAGR 5% 13,763 13,753 Total AUM ACM 12,356 12,385 11,760 1,935 1,892 10,360 2,127 1,970 2,286 8,620 2,011 Total students 6,853 1,663 enrolled 5,348 1,477 11,861 11,828 10,415 3,657 10,229 (beginning of the 1,426 9,47
Slide 23: Key Financials
Q1 2022 Empowering People Through Knowledge Key Financials
Slide 24: Key Financials – Persistent Growth in Revenues
Q1 2022 Key Financials – Persistent Growth in Revenues • Revenue grew at a CAGR of Revenue (KD mn) 21% in the period 2013- 2021 and was KD 95.9 million in 2021. CAGR • Q1 2022 revenue was 15% 21% lower compared to Q1 2021 mainly because of changes 95.9 to the academic calendar in 2020-2021 due to Co
Slide 25: Key Financials – Consistently High Margins
Q1 2022 Key Financials – Consistently High Margins Gross profit (KD mn) and gross profit margin EBITDA (KD mn) and EBITDA margin • Gross profit grew at a CAGR CAGR CAGR of 24% in the period 2013- 24% 81.3 33% 69.1 53.5 56.7 53.9 2021. Gross profit margin 47.6 41.8 43.0 43.1 38.1 was 84% in Q1 2022.
Slide 26: Key Financials – High ROAA and ROAE
Q1 2022 Key Financials – High ROAA and ROAE Total assets (KD mn) and ROAA Total equity (KD mn) and ROAE • Humansoft’s fortress balance sheet, high ROAA & ROAE 183.5 181.8 provides protection, resilience, 158.3 158.6 137.2 and enables Humansoft to 131.8 117.9 withstand stress events like 118.3 109.9
Slide 27: Strong Equity Story
Q1 2022 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus 3
Slide 28: Solid Track Record
Q1 2022 ✓ Top university ranking, high quality learning, state of the art SOLID TRACK RECORD campus ✓ Highest number of students among private universities in Kuwait ✓ Internationally accredited Engineering & Business majors ✓ Solid financial performance, fortress balance sheet ✓ One of the largest
Slide 29: Strategic pillars
Q1 2022 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 29
Slide 30: Strategic pillars
Q1 2022 Strategic pillars 1 We are building new capabilities and continuously developing new offerings to Academic secure our long term prospects. This includes widening the undergraduate offering excellence by introducing new majors, offering new masters programs, securing accreditation for the new
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