Afp Habitat Sa · BCS:HABITAT
Afp Habitat Sa — Q1 2024 Earnings Presentation
17 slides from Afp Habitat Sa's earnings presentation, March 2024
Slide 1: Company Presentation Q1-2024 Results
Company Presentation Q1-2024 Results March 2024
Slide 2: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 2
Slide 3: Key Indicators
Key Indicators Habitat Contributors [Q] Habitat Contributors Market share [%] Average Base Salary [clp] -0,5% +8,1% -4,1% 17,0% 16,6% 1.422.644 1.316.388 mar-23 mar-24 mar-23 mar-24 mar-23 mar-24 Total AUM [MM clp] APV AUM [MM clp] CAV AUM [MM clp] +14,8% +10,8% -2,1% 49.022.903 1.929.517 851.178 83
Slide 4: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 4
Slide 5: Income Statements
Income Statements Current Exercise Last Exercise Dif % INCOME STATEMENT [M$ clp] Mar 2024 Mar 2023 Mar 24 / Mar 23 Ordinary Revenues 62.651.498 60.440.182 3,7% Employee related Expenses (less) -12.770.621 -11.688.694 9,3% Other operating expenses (less) -9.127.031 -8.344.861 9,4% Depreciation and Am
Slide 6: Revenues Breakdown
Revenues Breakdown Current Exercise Last Exercise VAR VAR % Ordinary Incomes [$MM clp] Mar 2024 Mar 2023 Mar 24/ Mar 23 Mar 24/ Mar 23 Total Fees Revenues 62.557 60.023 2.535 4,2% Fees form Mandatory Contributions[8] 58.108 55.575 2.533 4,6% Fees for APV 145 116 29 24,9% Fees for CAV 1.421 1.320 101
Slide 7: Operating Expenses Breakdown
Operating Expenses Breakdown Current Exercise Last Exercise VAR VAR % Employee Expenses [$MM clp] Mar 2024 Mar 2023 Mar 24 / Mar 23 Mar 24 / Mar 23 Administrative Staff Wages and Salaries -6.078 -6.174 -95 -1,5% Sales Staff Wages and Salaries -3.569 -2.917 652 22,4% Short – term Employee Benefits -1
Slide 8: Balance
Balance B HABITAT ASSETS [MS lp] pects ey 2024 Cash and Equivalents 72.612.372 81.425.364 -10,8% Financial assets at fair value through profit or loss (29.278.392 oO na. Commercial Debtors and Accounts Receivables, Net 13.300.450 11.102.107 19,8% Accounts Receivable From Related Partie 1.529.267 1.3
Slide 9: Financial Indicators
Financial Indicators REVENUES [MM clp/ Year] EBITDAR [MM clp/ Year] +3,7% 239.425 -0,4% 222.092 163.784 149.785 60.440 62.651 42.821 42.656 dic-22 mar-23 dic-23 mar-24 dic-22 mar-23 dic-23 mar-24 EBITDA [MM clp/ Year] NET PROFIT [MM clp/ Year] +69,9% +77,7% 197.029 161.391 131.600 108.847 68.050 46.
Slide 10: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 10
Slide 11: AFP Habitat: Real Return on Investment Chile
AFP Habitat: Real Return on Investment Chile Date 12 meses (%) 36 meses (%) To A B C D E A B C D E 1st 2nd 3rd 4th 5th 6th abr-24 18,13 13,38 6,14 -1,26 -3,81 -1,17 -1,06 -2,18 -2,56 -1,65 dic-23 7,37 6,20 3,12 -0,13 -1,5 -1,36 -1,27 -2,79 -3,13 -2,44 ago-23 -3,40 -2,07 -0,56 0,52 0,95 -1,91 -2,01 -
Slide 12: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 12
Slide 13: Stock Performance
Stock Performance Stock Price [$ CLP] 925 910 938 910 880 1.000 825 814 800 800 670 610 600 696 506 466 484 630 400 200 365 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 03/24 Market Cap [$ USD Billions] 1,93 -4,0% 2,0 1,50 1,52 1,5 1,30 1,21 1,33 1,20 1,31 1,15 0,90 0,9
Slide 14: Industry Overview: AFP Habitat managed the biggest amount of total assets
Industry Overview: AFP Habitat managed the biggest amount of total Assets, with a market share of 27,7%. Total Assets Under Management (Mar-2024) Market share UNO $ CLP MM PROVIDA 1,0% CAPITAL 49.022.903 19,4% 21,7% 38.286.587 34.252.083 32.213.254 PLANVITAL 5,2% 18,2% CUPRUM 11.919.595 6,7% 9.223.2
Slide 15: Industry Overview: Third AFP by quantity of contributors
Industry Overview: AFP Habitat it´s the third AFP with bigger quantity of Contributors, with a market share of 16,6% at the end of March 2024. Affiliates Contributors UNO CAPITAL UNO CAPITAL 6,6% 12,8% (381.313) 13,9% CUPRUM (803.877) (1.508.465) 6,8% 4,9% PROVIDA CUPRUM PROVIDA 6,7% 22,9% (798.641)
Slide 16: Industry Overview: Base salary increase since December 2023
Industry Overview: AFP Habitat has increased in 2,3% the base salary since December 2023. Average Salary Base [clp] 1.297.145 CAPITAL +2,3% 2.026.614 CUPRUM 1.391.039 1.422.644 1.270.297 1.422.644 HABITAT HABITAT 992.809 MODELO 984.414 PLANVITAL 2022 2023 mar-24 998.261 PROVIDA 834.939 UNO +2,2% +2,
Slide 17: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 17