21 slides from Kuwait Financial Centre Kpsc's earnings presentation, February 2025
Slide 1: Earnings Presentation 2024
elt Earnings Presentation 2024 j-4)— 1 | MARKAZ|
Slide 2: Contents
2024 Performance Highlights .………….......................................... 3-5 Markaz Overview ............................................................................ 6-8 Business Highlights .…………......................................................... 9-10 Financials Trend .………….............
Slide 3: 2024 Performance Highlights: AUM and Profit and Loss
Markaz Assets Under Management of KD 1,409 million, an increase of 16.3% from December 2023 Profit and Loss Highlights KD 20.31 mn Total Revenue KD 9.81 mn KD 10.91 mn Management Fees & Commission Return on Principal Investments Gain on Investments KD 0.43 mn Management Fees & Commission Asset Manag
Slide 4: Markaz's AUM at KD 1.409 billion in 2024
Markaz's AUM at KD 1.409 billion in 2024 Total Revenues for 2024 of KD 20.31 million The management fees and commission have amounted to KD 9.81 million for 2024 Kuwait, 23 February 2025 - Markaz reported its financial results for 2024 with a Total Revenue of KD 20.31 million with a decrease of 23%,
Slide 5: Markaz's AUM at KD 1.409 billion in 2024
Markaz's AUM at KD 1.409 billion in 2024 Total Revenues for 2024 of KD 20.31 million The management fees and commission have amounted to KD 9.81 million for 2024 Markaz's real estate investments in the GCC region are characterized by operational efficiency, leading to optimal rental rates, high occu
Slide 6: 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 7: Delivering International Investment Reach to our Clients
Delivering International Investment Reach to our Clients Germany US Poland United Kingdom Kuwait Qatar Bahrain Oman KSA India UAE Equity Egypt Lebanon Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices 7
Slide 8: One of the most recognized and well awarded brands across the MENA region
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 9: Total AUM of KD 1,409 million
Total AUM of KD 1,409 million, an increase of 16.3% from December 2023 Asset Management Real Estate Investments Equity, Fixed Income, and Others: Middle East and North Africa, International: Total AUM of KD 1,018 million Total AUM of KD 391 million ▪ Asset management continues to implement Markaz’s
Slide 10: 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 Mena focused Research, Consulting Services: restructuring: ▪ Publishes MENA focused research reports and bespoke consulting ▪ Dur
Slide 11: Revenue and net profit trend
2024 Revenues growth on y-o-y basis 2024 Net Profit (KD 000’s) ▪ Total Revenue has declined by 23% to KD 20.3 M compared to KD 26.3 M mainly due to the low gain on sale ▪ 2024 profitability has been driven by the Interest of investment properties and loss in other sources of Income, gain from change
Slide 12: Return on Equity and Dividend Per Share
Return on Equity1 Dividend Per Share and Payout ▪ Return on Equity of 5.6% on LTM basis as it was ▪ Board of Directors approved a cash dividend of 7 Fils improved due to increase in Interest Income, gain from per share a payout of 77.8% on the EPS changes in fair value of investment at Fair Value th
Slide 13: 2024 Revenue Analysis
Year Ended Y-o-Y (KWD 000's) Growth 2024 2023 (%) Management Fees and Commission 2024 Revenue Analysis Interest income Dividend income Gain/(loss) from financial assets at fair value through P/L Loss from financial liabilities at Fair Value through P/L Share of results of associate and joint venture
Slide 14: Balance sheet key metrics
(KWD 000's) Dec Dec 2024 2023 Asset Under Management ASSETS Cash and bank balances Time deposits Accounts receivable and other assets 2024 AUM 2023 AUM KD 1,409 million KD 1,212 million Loans to customers Investments at fair value through profit or loss Investments carried at amortized cost Book Val
Slide 15: Management Fees & Commission
Management Fees & Commission (KD 000’s) 3.1% CAGR Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) 3.8% 15.4% CAGR CAGR 1. Asset Management includes GCC Equity & Fixed Income Funds, Real Estate, International Investments and Private Equity 15
Slide 16: Asset Management 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 16
Slide 17: Income Returns
Income Returns (KD 000’s) Average Investment Assets1 (KD million) Annualized Income Returns (%) 1. Fixed Assets + 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 Prope
Slide 18: Markaz Net Debt to Total Equity increased to 0.40x
Markaz Net Debt to Total Equity increased to 0.40x Return on Assets1 (%) Dec Dec (KD 000's) 2024 2023 Bank borrowings Bonds Issued Total Debt Cash and Bank Balance Time Deposits Total Cash including Time Deposits Net Debt Interest / Total Debt2 (%) Shareholders Equity Total Equity Net Debt / Total E
Slide 19: 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 27.72% 2024 Proposed Al Mubader Co Direct 5.13% Cash Div
Slide 20: 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 21: markaz.com
+965 2224 8000 | info@markaz.com markaz.com