Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company KSCP — Q3 2022 Earnings Presentation
30 slides from Human Soft Holding Co. Kscc's earnings presentation, Oct 31, 2022
Slide 1: Humansoft Holding Company KSCP Investor Presentation Q3 2022 Results
Q3 2022 Humansoft Holding Company KSCP Investor Presentation Q3 2022 Results 31 October 2022 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q3 2022 Disclaimer • The information set out in this presentation and provided in the discussion • This presentation does not disclose all the risks and other significant subsequent thereto does not constitute an offer or solicitation of an offer to issues related to an investment in any securities/
Slide 3: Contents
Q3 2022 Contents Key highlights 4-8 At a glance 9-10 We are proud of our achievements 11 Board & Executive Management 12-13 Share price performance 14 Consistently High EPS & Dividend payout 15 Research coverage 16 Q3 2022 Converging Towards Normalcy 17-19 Q3 2022 Financial performance 20-21 Student
Slide 4: Key Highlights
Q3 2022 Pg ee q KEY HIGHLIGHTS
Slide 5: Launching of the Academic Year 2022-2023
Q3 2022 Key Highlights Launching of the Academic Year 2022-2023 within a welcoming environment AUM and ACM combined enrolled 3,391 new students in Fall 2022, taking the total enrolled students in Fall 2022 to 13,684. The academic year 2022-2023 was launched with a series of activities that provided
Slide 6: AUM First in Kuwait and Advances in QS Arab Region Rankings
Q3 2022 Key Highlights AUM First in Kuwait and Advances in the QS Arab Region University Rankings 2023 AUM has been ranked the first university in Kuwait and #26 in the Arab Region in the QS Arab Region University Rankings 2023. The University has advanced in this ranking from #34 in 2022 to #26 in
Slide 7: Fostering Research and Professional Development
Q3 2022 Key Highlights Fostering Research and Professional Development is a top priority Ongoing support for Research and Professional Development plays a significant role in enabling our workforce to exhibit excellence in their academic and research achievements as well as to acquire new skills and
Slide 8: Promoting CSR through Various Initiatives
Q3 2022 Key Highlights Promoting CSR through Various Initiatives Various initiatives are held inside the campus and across the local community to tackle and promote Corporate Social Responsibility. For instance, AlQabas Masterclass in collaboration with AUM included series of sessions that help medi
Slide 9: At a Glance
INSOFT Empowering People Through Knowledge LEGE of BUSINESS | ADMINISTRATION.
Slide 10: At a Glance
Q3 2022 At a Glance Leading 20+ 13,6841 University private higher years of operating enrolled students in of choice education company experience AUM and ACM in the GCC for Engineering and Business KD 90.8 KD 62.8 37% 400 fils million million 2013-2021 net profit cash dividend per CAGR share for FY 2
Slide 11: We are proud of our achievements
Q3 2022 We are proud of our achievements #1 Ranking #1 Ranking Internationally International University Green & Sustainable Accredited Relations in Kuwait University in Kuwait Engineering & Purdue University Business Majors UC Berkeley Over 700 Over 60% Over 70 HEC Montreal trees have been female di
Slide 12: Board & Executive Management
Q3 2022 Board & Executive Management 11
Slide 13: Board & Executive Management
Q3 2022 Board & Executive Management Name Position Ms. Dalal Hasan Al Sabti Chairperson Board Mr. Tareq Fahad Al Othman Vice Chairman of Directors Mr. Mayank Hasmukhlal Baxi Director Mr. Hasan Qasim Al Ali Director Mr. Abdulrazaq Abdulla Mohammad Ahmed Director Name Position Executive Dr. Georges Ya
Slide 14: Share Price Performance
Q3 2022 Share Price Performance Shareholding (30 September 2022) KD Closing price as at 30 September 2022 3.275 Market Cap (KD mn) 1 398 Market Cap (USD bn) 1.3 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.15% 52-weeks high 2 3.699 6% Public Institute for Social Security 3.
Slide 15: Consistently high EPS & Dividend payout
Q3 2022 Consistently high EPS & Dividend payout • Average dividend payout in EPS / Dividend / Dividend payout last 10 years has been in 78% excess of 70%. 514 • EPS for 2021 was 514 fils, an 130% increase of 67% over 2021 400 400 EPS of 308 fils. 0% 71% • Cash dividend of 400 fils per 76% 295 308 80
Slide 16: Research Coverage
Q3 2022 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.400 15 February 2022 • Mirna Maher HSBC 5.300 24 March 2022 • Ankur Agarwal • Aly Adel Beltone 5.130 10 May 2021 • Toka Elwazery 4.750 19 October 2022 • Christine Kalindjian SICO 4.300 16 August 2022 • Ree
Slide 17: Q3 2022 Converging Towards Normalcy
Q3 2022 Q3 2022 Converging Towards Normalcy 11
Slide 18: Q3 2022 vs. Q3 2021
Q3 2022 Converging towards normalcy Q3 2022 vs. Q3 2021 • Revenue and profitability for Q3 2021 and Q3 2022 are not comparable. • Disruptions due to Covid-19 and changes in the Academic calendar in the year 2021, resulted in a lower revenue in Q3 2021. • Q3 2022 Academic calendar for Summer and Fall
Slide 19: Revenue Recognition
Q3 2022 Revenue Recognition FY 2019 FY 2020 FY 2021 FY 2022 (Normal Year) (COVID Year) (COVID Year) (Converging to normalcy) Q1 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 25% Fall 2021/2022 • 40% Spring 2019 • 20% Spring 2020 • 25% Spring 2021 • 40% Spring 2022 Q2 Q2 Q
Slide 20: Q3 2022 Financial Performance
Q3 2022 Q3 2022 Financial Performance (converging towards normalcy) 11
Slide 21: Financial Performance – Q3 2022
Q3 2022 Financial Performance – Q3 2022 • FY 2020 and FY 2021 academic calendars were Key figures and ratios Q3 2021 Q3 2022 Change 9M 2021 9M 2022 Change COVID impacted and are converging to normalcy in 9M 2022. Number of students (Fall) 13753 13684 -0.5% 13,753 13,684 -0.5% • 9M 2022 revenue was 8
Slide 22: Student Enrollment growing at a CAGR of 11%
Q3 2022 Student Enrollment growing at a CAGR of 11% Total CAGR 11% AUM CAGR 13% ACM CAGR 4% 13,763 13,753 13,684 Total AUM ACM 12,356 12,385 11,760 1,935 1,892 2,001 10,360 2,127 1,970 2,286 8,620 2,011 Total students 6,853 1,663 enrolled 5,348 1,477 11,828 11,861 11,683 10,229 10,415 (beginning of
Slide 23: Key Financials
Q3 2022 Empowering People Through Knowledge Key Financials
Slide 24: Key Financials – Persistent Growth in Revenues
Q3 2022 Key Financials – Persistent Growth in Revenues • Revenue grew at a CAGR of Revenue (KD mn) 21% in the period 2013-2021 and was KD 95.9 million in 2021. CAGR • 9M 2022 revenue was 8% 21% lower compared to 9M 2021 mainly because of disruptions 95.9 due to Covid-19 and changes in the academic c
Slide 25: Key Financials – Consistently High Margins
Q3 2022 Key Financials – Consistently High Margins Gross profit (KD mn) and gross profit margin EBITDA (KD mn) and EBITDA margin • Gross profit grew at a CAGR CAGR CAGR of 24% in the period 2013- 24% 81.3 33% 69.1 56.7 57.1 2021. Gross profit margin 53.5 53.9 51.9 47.6 43.0 43.1 47.7 41.8 38.1 41.4
Slide 26: Key Financials – High ROAA and ROAE
Q3 2022 Key Financials – High ROAA and ROAE Total assets (KD mn) and ROAA Total equity (KD mn) and ROAE • Humansoft’s fortress balance sheet, high ROAA & ROAE provides protection, resilience, 158.3 158.6 167.0 163.7 131.8 117.9 121.0 and enables Humansoft to 112.0 withstand stress events like 118.3
Slide 27: Strong Equity Story
Q3 2022 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus 3
Slide 28: Solid Track Record
Q3 2022 ✓ Top university ranking, high quality learning, state of the art SOLID TRACK RECORD campus ✓ Highest number of students among private universities in Kuwait ✓ Internationally accredited Engineering & Business majors ✓ Solid financial performance, fortress balance sheet ✓ One of the largest
Slide 29: Strategic pillars
Q3 2022 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 29
Slide 30: Strategic pillars
Q3 2022 Strategic pillars 1 We are building new capabilities and continuously developing new offerings to Academic secure our long term prospects. This includes widening the undergraduate offering excellence by introducing new majors, offering new masters programs, expanding international collaborat
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