Unlu Yatirim Holding A.s. · BIST:UNLU
Unlu Yatirim Holding A.s — ÜNLÜ Yatırım Holding A.Ş. — Q1 2022 Earnings Presentation
21 slides from Unlu Yatirim Holding A.s's earnings presentation, May 9, 2022
Slide 1: 1Q22 Consolidated Results and Executive Review
ÜNLÜ Yatırım Holding A.Ş. 1Q22 Consolidated Results and Executive Review ÜNLÜ & Co Capital Markets Day Istanbul | May 2022
Slide 2: Content
CONTENT 2022 First Quarter Results: Featured Topics 3 Financial Statements and Performance 4 Developments by Business Lines 11 2022 and Beyond: Our Vision, Expectations, Goals 16 Appendix 18 © 2022 ÜNLÜ & Co | All rights reserved 2
Slide 3: 1Q22 Results: Featured Topics
1Q22 Results: Featured Topics 38,7 mn TL Net Profit (%245 y/y) %24,7 Return on Equity 1Q22 Comprehensive Income: 43,9 mn TL 700 basis points increase compared to the same period of the previous year. 112,8 mn TL Revenues (*) Important Themes 64% increase compared to the same period of the previous 1
Slide 4: Financial Statements and Performance
Financial Statements and Performance
Slide 5: ÜNLÜ Yatırım Holding A.Ş. as of 1Q22
ÜNLÜ Yatırım Holding A.Ş. as of 1Q22 112,5 mn TL 38,7 mn TL %82 Core Revenues 1Q22 Profit Share of Regular Revenues 1.032 mn TL 651 mn TL %24,4 (*) (**) Total Assets Shareholder’s Equity Return on Equity 8,5 bn TL 1,5 bn TL 274 mn TL 4,0 bn TL DAHA AuM Investment Alternative NPL Portfolio Funds Inve
Slide 6: Financial Statements and Performance
Financial Statements and Performance 2018 2019 2020 In 1Q22, Core Revenues (*) increased by 64% y/y and reached 112.5 mn TL. Comprehensive income reached 43.9 mn TL (y/y 148%). Source: 31 March 2022 Consolidated Financial Statements (*): Core Operating Revenues = Gross Profit (**): TTM: Trailing 12
Slide 7: Financial Statements and Performance
Financial Statements and Performance 2018 2019 2020 Extended Revenues (*) at 112,8 mn TL, EBITDA at 32,3 mn TL, Net profit at 38,7 mn TL. EBITDA Margin reached 29%, the Profit Margin is healthy at 34%, and the RoE is around 25%. Source: 31 March 2022 Consolidated Financial Statements (*): Extended R
Slide 8: Financial Statements and Performance
Financial Statements and Performance 2018 2019 2020 Trailing Extended Revenues (*) reached its historical peak and exceeded 375 mn TL. (*): Extended Revenues = Core Revenues + Other Operating Income (net) + Income from Investment Activities (net) (**): TTM: Trailing 12 Months © 2022 ÜNLÜ & Co | All
Slide 9: Financial Statements and Performance
Financial Statements and Performance 2019 2020 As of 1Q22, the consolidated assets reached 1,032 mn TL (y/y +77%), financial leverage decreased, shareholders’ equity reached 651 mn TL (y/y +148%). Source: 31 March 2022 Consolidated Financial Statements (*): Cash and Cash Equivalent Assests: Cash + S
Slide 10: Financial Statements and Performance
Financial Statements and Performance Revenues from core business lines reached 112.5 mn TL in 1Q22 (y/y +65%). 2018 The 2019 determinant2020 of revenues was the NPL Business Line. There were balanced contributions from Investment Advisory and IS. (**) (**) Source: 31 March 2022 Consolidated Financia
Slide 11: Developments by Business Lines
Developments by Business Lines
Slide 12: NPL Business Line
NPL Business Line 1Q22 Revenues: 57,3 mn TL NPL Sector 2020 (Pandemic) : Total 1,6 bn TL NPL sale 2021: 5,1 bn TL (Specifically second half of the year) NPL Business Line Performance Total investments in 2021: 48 mn TL 2022: 2,8 bn TL Average monthly revenue in 1Q22: 19,1 mn TL (%5.4 of Average NPL
Slide 13: Corporate Finance Business Line
Corporate Finance Business Line 1Q22 Results 1Q22 Revenues: 13,0 mn TL (y/y %52) The IPO of Hitit Bilgisayar was completed. TTM Revenue: 45,2 mn TL The contract for the sale of Elba Bant to the private equity fund Mediterra was signed. Competition Board CF Revenues (mn TL) approval was obtained. The
Slide 14: Investment Advisory: DAHA and Fund Management
Investment Advisory: DAHA and Fund Management DAHA 1Q22 Revenues: 22,7 mn TL Design and development of our new mobile app continues - within the scope of the Digital Transformation Project. DAHA: 20,4 mn TL (y/y +%49) Video based account opening project has been completed and our ‘ÜNLÜ Menkul Easy A
Slide 15: Institutional Sales Business Line
Institutional Sales Business Line 1Q22 Revenues: 16,9 mn TL Performance of the Business Line Recurring Revenues: 10,3 mn TL (y/y +%26) Institutional Sales revenue increased 48% y/y and 27% q/q in 1Q22. The increase in the equity-related brokerage revenues was accompanied by Other Revenues (*): 6,6 m
Slide 16: 2022 and Beyond: Our Vision, Expectations, Goals
2022 and Beyond: Our Vision, Expectations, Goals
Slide 17: Guidance for 2022: Our Vision, Expectations, Goals
Guidance for 2022: Our Vision, Expectations, Goals " To increase our operating income by 40% in 2022" We aim to increase consolidated revenues +40% y/y and generate operating income over 420 mn TL in 2022. " To increase our profit by 50% in 2022" We expect all business lines to support 2022 profitab
Slide 18: Appendix
Appendix
Slide 19: ÜNLÜ & Co – Pioneer in the Sector with its Entrepreneurial History
ÜNLÜ & Co – Pioneer in the Sector with its Entrepreneurial History 4 Major Business Lines: NPL, Advisory, Corporate Finance and Institutional Sales Pioneering initiatives, Reputable Name Financial Advisory M&A advisory #1 Turkey's first independent M&A Retail NPL Portfolio Management advisory firm B
Slide 20: ÜYH – Ownership Structure and Group Companies
ÜYH – Ownership Structure and Group Companies Mahmut L. ÜNLÜ Publicly Traded Employees %64,71 %7,71 %3,47 %22,93 %1,18 ÜNLÜ Yatırım Holding A.Ş. %100 %100 %32,5 %100 %100 %100 ÜNLÜ Turkish İSTANBUL Alternative Asset Alternative ÜNLÜ Menkul ÜNLÜ Portföy 212 LTD Varlık Management Investments Değerler
Slide 21: Contact Us
Contact Us Ahi Evran Caddesi Polaris Plaza No: 21 Kat: 1 34485 Maslak, Sarıyer - İstanbul, Türkiye T : +90 (212) 367 36 36 | F : +90 (212) 346 10 40 | E : investor.relations@unluco.com Aykut Sarıbıyık Investor Relations | Managing Director Tel : +90 (212) 367 3804 Fax : +90 (212) 346 1040 aykut.sari
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