Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — Q3 2024 Earnings Presentation
20 slides from Kuwait Financial Centre Kpsc's earnings presentation, Nov 12, 2024
Slide 1: Earnings Presentation Q3 2024
elt Earnings Presentation Q3 2024 j-4)— 1 | MARKAZ|
Slide 2: Contents
Q3 2024 Performance Highlights .…………........................... 3-4 Markaz Overview ................................................................... 5-7 Business Highlights .…………................................................ 8-9 Financials Trend .…………............................................
Slide 3: Q3 2024 Performance Highlights: AUM and Profit and Loss
Markaz Assets Under Management of KD 1,389 million, an increase of 14.60% from December 2023 Profit and Loss Highlights KD 14.92 mn Total Revenue KD 7.1 mn KD 8.15 mn Management Fees & Commission Return on Principal Investments Net Rental Income KD 0.31 mn Management Fees & Commission Asset Manageme
Slide 4: Markaz's AUM at KD 1.389 billion in Q3 2024
Markaz's AUM at KD 1.389 billion in Q3 2024 Total Revenues for Q3 2024 of KD 14.9 million The management fees and commission have amounted to KD 7.1 million for Q3 2024 Kuwait, 12 November 2024 - Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its fi
Slide 5: One of the leading financial institutions in the region
One of the leading financial institutions in the region delivering consistent shareholders resturns Leading market position Sustainable long-term Building a sustainable economy Our Team - cornerstone of our As one of the region’s leading shareholder returns in Kuwait success asset management and inv
Slide 6: Delivering International Investment Reach to our Clients
Delivering International Investment Reach to our Clients Germany US Poland Kuwait Qatar Bahrain Oman KSA India UAE Egypt Lebanon Equity Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices 6
Slide 7: One of the most recognized and well awarded brands across MENA
One of the most recognized and well awarded brands across the MENA region Best Asset Manager / Best Momentum Fund Excellence in Investment Best Investment Bank Best Investment Bank in Kuwait Innovation Advisory / Excellence in Real in Kuwait/Best Private Bank (The Innovators) Estate Investment in Ku
Slide 8: Total AUM of KD 1,389 million
Total AUM of KD 1,389 million, an increase of 14.60% from December 2023 Asset Management Real Estate Investments GCC Equity Funds, Fixed Income Fund, Others: Middle East and North Africa, International: Total AUM of KD 1,008 million Total AUM of KD 381.3 million ▪ Asset management continues to imple
Slide 9: High quality advisory services and research
Adding significant value to clients through high quality advisory services and research Investment Banking Research M&A, Advisory, Equity & Debt Capital Markets, IPOs and restructuring: Mena focused Research, Consulting Services: ▪ During the first nine months of 2024, the Investment Banking team ▪
Slide 10: Q3 2024 Revenues and Net Profit
Q3 2024 Revenues growth on y-o-y basis Q3 2024 Net Profit (KD 000’s) ▪ Total Revenue has increased mainly due to the positive changes in fair ▪ Q3 2024 profitability has been driven by the Interest value of investments at fair value through profit or loss, in addition to the Income, gain from change
Slide 11: Return on Equity, Dividend Per Share and Payout
Return on Equity1 Dividend Per Share and Payout ▪ Return on Equity of 6.4% on LTM basis as it was ▪ In 2024, Board of Directors recommended a cash Increased due to the positive changes in fair value of dividend of 6 Fils per share a payout of 75% on the investments at fair value through profit or lo
Slide 12: Q3 2024 Revenue Analysis
Period Ended Y-o-Y (KWD 000's) Growth Q3 2024 Q3 2023 (%) Q3 2024 Revenue Analysis Notes: ▪ Management Fees & Commissions include Asset Management and Investment Banking Fees ▪ Other sources of income include foreign currency transaction and other income ▪ Return on principal investments include inv
Slide 13: Balance Sheet Key Metrics and AUM
Sep Dec Sep 2024 2023 2023 ASSETS Asset Under Management Q3 2024 AUM Q3 2023 AUM KD 1,389 million KD 1,159 million Book Value per Share (Fils) ▪ Book value increased because of net profit for the current period . 13
Slide 14: Management Fees & Commission
Management Fees & Commission (KD 000’s) 54% CAGR Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) 58% 11% CAGR CAGR 1. Asset Management includes GCC Equity & Fixed Income Funds, Real Estate, International Investments and Private Equity 14
Slide 15: Asset Management Fees, AUM and Annualized Fees
Asset Management Fees1 (KD 000’s) AUM (KD million) Annualized Management Fees (%) 1. Asset Management includes GCC Equity & Fixed Income Funds, Real Estate, International Investments and Private Equity 15
Slide 16: Return on Principal Investments
Income Returns (KD 000’s) Investment Assets1 (KD million) Annualized Income Returns (%) 1. Investment Assets include Investments at Fair Value through P&L + Investment at Fair value through OCI+ Investments at amortised cost + Investment in associates and JV + Investment Properties + Loans to Custom
Slide 17: Markaz Net Debt to Total Equity increased to 0.42x
Markaz Net Debt to Total Equity increased to 0.42x Return on Assets1 (%) Sep Dec Sep (KD 000's) 2024 2023 2023 Interest / Total Debt2 (%) 1. Return on Assets (%) = LTM Net profit attributable to the owners of the parent company / Total Assets 2- Annualized finance cost to total debt 17
Slide 18: Focused on sustainable value creation for shareholders
Focused on sustainable value creation for shareholders Major Shareholders Corporate Information Major Shareholders Type % Holding Main Market – Boursa Kuwait Market Segment Listing (Sec Code: 213) Kuwait Pillars for Financial Investment Direct 29.70% 2023 Aproved Al Mubader Co Direct 5.13% Cash Divi
Slide 19: Disclaimer
This document has been prepared by Churchgate Partners for Kuwait Financial Centre K.P.S.C. (“Markaz”) investors, solely for informational purposes. This presentation may contain statements that are not historical facts, referred to as “forward looking statements” .The information contained herein h
Slide 20: markaz.com
+965 2224 8000 | info@markaz.com markaz.com
Kuwait Financial Centre K.P.S.C. (Markaz) — Q3 2024 Earnings Presentation on 6ix