Al Imtiaz Investment Group K.s.c.c · KSE:ALIMTIAZ
Al Imtiaz Investment Group K.s.c.c — Al Imtiaz Investment Group — 9M 2019 Earnings Presentation
22 slides from Al Imtiaz Investment Group K.s.c.c's earnings presentation, Nov 14, 2019
Slide 1: Earnings Presentation 9M 2019
PASSION FOR EXCELLENCE DRIVING GROWTH Earnings Presentation 9M 2019 www.alimtiaz.com
Slide 2: Disclaimer
Disclaimer This document has been prepared and issued by Al Imtiaz Investment Group Company, K.S.C. (“AIIG”), a public company listed on Boursa Kuwait, which is regulated by the Kuwait Capital Markets Authority, the Central Bank of Kuwait and the Kuwait Ministry of Commerce and Industry. The purpose
Slide 3: 9M 2019 Key Financial Highlights
9M 2019 Key Financial Highlights Strong Year-on-Year Growth Operating Portfolio Revenue1 Contributing 53% of Total Revenue and 12.2% y-o-y Growth Key Financial Metrics Key Financial Ratios KD 55.5 KD 33.0 KD 24.8 24.1 fils 48.4% 14.9% Total Revenue EBITDA Net Profit Earnings Per Revenue Growth Retur
Slide 4: 9M 2019 Financial Performance
9M 2019 Financial Performance Operating Portfolio Revenue1 (KD mn) Total Revenue2 (KD mn) 55.5 51.0 44.3 37.4 35.7 26.0 29.2 19.4 12.2 10.6 9M 2018 2018 3M 2019 6M 2019 9M 2019 9M 2018 2018 3M 2019 6M 2019 9M 2019 EBITDA (KD mn) Net Profit (KD mn) 33.0 29.2 28.3 23.0 23.4 24.8 20.0 17.1 3.4 1.0 9M 2
Slide 5: Strategic Direction
Strategic Direction Strategic Focus on Growth Re-Organization Develop Core Assets Continue to optimize Invest in core operating governance system, policies assets to fund their growth and procedures Expansion Diversification Strategic plan drives growth Analysis of industry sectors, through geograph
Slide 6: Key Operating Portfolio Companies
Key Operating Portfolio Companies Dimah Capital Investment Key Business Updates • Dimah Capital has started realizing post merger benefits on profitability through International real estate investment management company cost synergies and strengthening its financial position. Brief focused on higher
Slide 7: Key Operating Portfolio Companies
Key Operating Portfolio Companies Integrated Technology Holding Key Business Updates • ITH is the Alimtiaz platform for the ICT and IT services sector with operations in Brief the GCC and MENA region Regional IT and Technology Services Company Description • A new strategy for the sector and its oper
Slide 8: Key Operating Portfolio Companies
Key Operating Portfolio Companies Al Ritaj Holding (RHC) Key Business Updates • RHC has two generic pharmaceutical subsidiaries based in Egypt: Manufactures branded generic pharmaceuticals in Egypt Brief (through Pharo and Delta Pharmaceutical) with an • Pharo Pharmaceuticals ranked 31th worldwide a
Slide 9: Key Operating Portfolio Companies
Key Operating Portfolio Companies Amman Arab University Key Business Updates • Amman Arab University achieved an important milestone turning profitable after Brief Private multidisciplinary university that offers specialized several years of losses. This turnaround has been driven by: Description un
Slide 10: Key Operating Portfolio Companies
Key Operating Portfolio Companies House of Trade Engineering and Construction Company Key Business Updates • HOTECC backlog of contracts remaining to be executed is KD 140 million as at Engineering, construction and maintenance contracting the end of Q3 2019 Brief company that caters to oil & gas, i
Slide 11: Key Operating Portfolio Companies
Key Operating Portfolio Companies Triple E Holding Key Business Updates • Triple E continues to generate stable revenues from its agency businesses, Engineering, construction and maintenance contracting mainly driven by the oilfield drilling segment in Kuwait Brief company that caters to oil & gas,
Slide 12: Key Operating Portfolio Companies
Key Operating Portfolio Companies Majd Food Company Key Business Updates • Majd Food company is currently headquartered in Kuwait with presence in all Brief GCC markets and has started expansion and market development activities in Food and beverage processing and packaging company Description KSA a
Slide 13: Key Operating Portfolio Companies
Key Operating Portfolio Companies Al-Imtiaz International Real Estate Company Key Business Updates • Officially completed the process of acquiring 29 floors of the Al-Dhow tower in Real estate investment and facility management company. January 2019 and completed the legal documentation in May 2019
Slide 14: Key Operating Portfolio Companies
Key Operating Portfolio Companies Human Soft Holding Key Business Updates • Reduced shareholding by 1.089 million shares during H1 2019 and realized Brief Holding company listed on Boursa Kuwait focused on cash proceeds of KD 3.7 million Description education sector. • General Assembly held on 29 Ma
Slide 15: 9M 2019 Asset Allocation
9M 2019 Asset Allocation Balanced Portfolio with Sectorial Diversification NAV as on Dec-18 NAV as on Sep-19 Real Estate Investments Real Estate Investments Real Estate Investment IT & Technology Services 12% IT & Technology Services 8% 5% 18% Real Estate Properties 3% Real Estate Properties 3% 19%
Slide 16: 9M 2019 Revenue Key Drivers
9M 2019 Revenue Key Drivers Increase in Total Revenue with Continued Growth in Operating Portfolio Revenue1 Performance Discussion 9M 2019 Total Revenue KD 55.5 mn • Total revenue increased 48.4% from KD 37.4 mn in 9M 2018 to KD 55.5 mn in 9M 2019 • Portfolio KD 23.3 mn resulted from the remeasureme
Slide 17: Operating Expenses
Operating Expenses Increase in operating expense is primarily attributable to consolidation of new investments Operating Expenses 9M 2018 KD 14.5 mn Operating Expenses 9M 2019 KD 22.5 mn 23% 18% 29% 16% 13% 1% 100% 15% 12% 18% 9% 12% 1% 25% 9% 100% 22.5 2.0 14.5 5.7 0.2 0.20 1.8 2.6 2.3 23% 2.0 4.2
Slide 18: EBITDA and Margins
EBITDA and Margins 9M 2019 Operating EBITDA 9M 2019 Operating EBITDA Margins Real Estate Properties 82.9% 25.8% 4.7% 69.3% 0.3% 100% Energy and Construction 55.8% Real Estate Investments 51.6% 0.10 34.7 24.1 Pharmaceuticals 27.9% Education 15.0% 1.6 8.9 IT & Technology Services 11.4% Operating EBITD
Slide 19: 9M 2019 Income Key Drivers
9M 2019 Income Key Drivers 9M 2019 EBITDA 9M 2019 Net Profit 1.8 3% 6% Operating EBITDA 26% KD KD Other Revenue 24.8 34.7 mn 26.6 mn 69% Gain from HumanSoft 5% Reclassification and Revaluation 91% Operating Net Profit Net Profit Other Revenue Non-controlling Interests Net Profit Attributable to Shar
Slide 20: Profit and Loss
Profit and Loss Segment Reporting Revenue from Operating Assets Nine Months Ended Nine Months Ended (KD mn) Sep-18 Sep-19 (KD mn) Sep-18 Sep-19 IT & Technology Services 0.0 6.4 Net Operating Revenue from Subsidiaries 12.7 21.4 Real Estate Investments 6.3 5.6 Energy and Construction 8.8 5.9 Group’s S
Slide 21: Balance Sheet
Balance Sheet Balance Sheet Capital Structure (KD mn) Dec–18 Mar-19 Jun-19 Sep-19 (KD mn) Dec-18 Mar-19 Jun-19 Sep-19 Cash and Cash Equivalents and Term 47.2 35.5 36.9 30.3 Deposits Short Term Debt 27.3 28.0 28.6 28.7 Financial Assets at Fair Value through 24.9 29.6 50.5 50.0 Profit or Loss Accounts
Slide 22: Investor Relations
AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) Al Dhow Tower, Khaled Bin Al Waleed St., Sharq P.O.Box: 29050, Safat, 13151, Kuwait Website: www.alimtiaz.com Investor Relations AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) IR@alimtiaz.com +965 182 2282 www.alimtiaz.com
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