Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q2 2024 Earnings Presentation
27 slides from Human Soft Holding Co. Kscc's earnings presentation, Jul 24, 2024
Slide 1: Humansoft Holding Company KSCP Q2 2024 Results
Q2 2024 Humansoft Holding Company KSCP Investor Presentation Q2 2024 Results 24 July 2024 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q2 2024 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
Q2 2024 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 Q2 2024 Financial performance 17-18 Student enrollment 19 Key Financials 20-23 Strong
Slide 4: Key Highlights
Q2 2024 KEY HIGHLIGHTS HUMANSOFT Empowering People Through Knowledge
Slide 5: Key Highlights: AUM #1 University in Kuwait
Q2 2024 Key Highlights AUM #1 University in Kuwait, advances to #611-620 globally in QS 2025 The American University of the Middle East (AUM) has been ranked the first university in Kuwait by QS World University Rankings 2025. This #1 ranking is locally maintained for the fourth year in a row. Also,
Slide 6: Key Highlights: Student Innovations and Milestones
Q2 2024 Key Highlights Unleashing Tomorrow’s Innovations and Celebrating Milestones of Students Within an environment supported by innovation and creativity, students are honored during various events and ceremonies that celebrate milestones of students with their innovative projects and achievement
Slide 7: Key Highlights: AUM Career Expo and Corporate Awards
Q2 2024 Key Highlights AUM 10th Career Expo and Recognition of Leading Companies through AUM Corporate Awards 2024 In May 2024, AUM organized its 10th Career Expo “Championing Better Career Lives”, powered by Tawteen Career Center. Students and alumni were connected to more than 50 participating loc
Slide 8: From Environmental to Social Impact: AUM is making a difference
Q2 2024 From Environmental to Social Impact: AUM is making a difference AUM Students at GPCA Plastics Conference 2024 Hosting of the INJAZ Company Program Competition in UAE: Innovating for Sustainable Growth Ceremony 2024 for university and high school students AUM Students Volunteering in Kubbar I
Slide 9: At a Glance
Q2 2024 ATA GLANCE HUM/ANSOFT Empowering People Through Knowledge
Slide 10: At a Glance
Q2 2024 At a Glance Leading 20+ 13,4251 University private higher education company years of operating enrolled students in of choice experience AUM and ACM in the GCC for Engineering and Business KD 78.6 KD 44.8 20% 350 fils Cash + million million 2014-2023 net profit 5% Bonus Shares CAGR in revenu
Slide 11: We are proud of our achievements
Q2 2024 We are proud of our achievements #1 Ranking #1 Ranking #21 Ranking Internationally University in Kuwait Green & Sustainable In the Arab Accredited By QS and THE University in Kuwait Region by THE Institution & Programmes Over 1200 Over 60% Over 60 International trees have been female differe
Slide 12: Board & Executive Management
Q2 2024 Board & Executive Management
Slide 13: Board & Executive Management
Q2 2024 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 Dr. Georges Yahchouchi H
Slide 14: Share Price Performance
Q2 2024 Share Price Performance Shareholding (30 June 2024) KD Closing price as at 30 June 2024 2.842 Market Cap (KD mn) 1 381 Market Cap (USD bn) 1.2 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.13% 52-weeks high 2 3.815 7% Public Institute for Social Security 52-weeks low
Slide 15: Consistently high EPS & Dividend payout
Q2 2024 Consistently high EPS & Dividend payout • Average dividend payout in EPS / Dividend / Dividend payout last 10 years has been in excess of 70%. 78% 514 • Cash dividend of 350 fils per 96% 130% share and Bonus shares of 107% 417 400 400 400 5% was distributed for FY 0% 350 2023 71% 327 308 76%
Slide 16: Research Coverage
Q2 2024 Research Coverage Broker Target price Date of report Analyst HSBC 4.000 17 July 2024 • Ankur Agarwal Arqaam 4.000 6 May 2024 • Christine Kalindjian • Hatem Alaa EFG Hermes 3.850 8 July 2024 • Mirna Maher Citi 3.700 6 May 2024 • Michel Salameh SICO 3.600 28 August 2023 • Reem Albarri KAMCO 3.
Slide 17: Q2 2024 Financial Performance
Q2 2024 Q2 2024 Financial Performance 11
Slide 18: Financial Performance – H1 2024
Q2 2024 Financial Performance – H1 2024 Key figures and ratios Q2 2023 Q2 2024 Change H1 2023 H1 2024 Change • H1 2024 revenue of KD 40 million was almost the same as H1 2023 revenue, mainly due to the Number of Students (Fall) 13,684 13,425 -2% 13,684 13,425 -2% similar number of enrolled students.
Slide 19: Student Enrollment growing at a CAGR of 8%
Q2 2024 Student Enrollment growing at a CAGR of 8% Total CAGR 8% AUM CAGR 8% ACM CAGR 5% 13,763 13,753 13,684 13,425 Total AUM ACM 12,356 12,385 11,760 1,935 1,892 2,001 2,246 10,360 2,127 1,970 8,620 2,286 2,011 Total students 6,853 1,663 enrolled 1,477 11,828 11,861 10,415 11,683 11,179 (beginning
Slide 20: Key Financials
Q2 2024 Key Financials
Slide 21: Key Financials – Revenue Trends
Q2 2024 Key Financials – Revenue Trends • Revenue grew at a CAGR of Revenue (KD mn) 12% in the period 2014-2023 and was KD 79.0 million in FY CAGR 2023. 12% • H1 2024 revenue of KD 40.0 95.9 million was almost the same as H1 2023 revenue of KD 40.0 83.6 million, mainly due to the 79.0 similar number
Slide 22: Key Financials – Consistently High Margins
Q2 2024 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 13% in the period 2014- 13% 81.3 68.5 15% 63.6 69.1 2023. Gross profit margin 53.5 56.7 53.9 55.1 47.6 43.0 43.1 41.8 38.1 44.6
Slide 23: Key Financials – High ROAA and ROAE
Q2 2024 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 provide protection, resilience, 158.3 158.6 155.4 147.2 131.8 133.7 126.9 and enable Humansoft to 129.1 127.0 117.9 withstand stress events.
Slide 24: Strong Equity Story
Q2 2024 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus
Slide 25: Solid Track Record
Q2 2024 ✓ 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 26: Strategic pillars
Q2 2024 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 26
Slide 27: Strategic pillars
Q2 2024 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
Humansoft Holding Company K.S.C.P. — Q2 2024 Earnings Presentation on 6ix