Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q1 2023 Earnings Presentation
28 slides from Human Soft Holding Co. Kscc's earnings presentation, May 9, 2023
Slide 1: Humansoft Holding Company KSCP Q1 2023 Results
Q1 2023 Humansoft Holding Company KSCP Investor Presentation Q1 2023 Results 9 May 2023 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q1 2023 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
Q1 2023 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 Revenue recognition 17 Q1 2023 Financial performance 18-19 Student enrollment 20 Key
Slide 4: Key Highlights
Q1 2023 KEY HIGHLIGHTS HUMANSOFT Empowering People Through Knowledge
Slide 5: Celebrating the Rewarding Journey of Students and their Parents
Q1 2023 Key Highlights Celebrating the Rewarding Journey of Students and their Parents Over a period of one week, AUM and ACM communities gathered to celebrate the success of their 2022 graduates, at the Cultural Center. The Management, faculty, staff, and parents attended the graduation ceremony. 7
Slide 6: Hosting of QS Higher Ed Summit: Middle East & Africa 2023
Q1 2023 Key Highlights Hosting of QS Higher Ed Summit: Middle East & Africa 2023 AUM hosted the QS Higher Ed Summit Middle East & Africa 2023 under the theme “Envisioning a meaningful future: Purpose- driven higher education in the Middle East and Africa” from March 12 to 14, 2023. During these thre
Slide 7: AUM hub for regional and local events promoting Entrepreneurship and Innovation
Q1 2023 Key Highlights AUM hub for regional and local events promoting and supporting Entrepreneurship and Innovation In January 2023, AUM hosted the Global Symposium for Entrepreneurship Educators (SEE) - MENA Region Edition in collaboration with Babson College. Participants from the region and Kuw
Slide 8: Glimpses from the vibrant campus life during Spring 2023
Q1 2023 Glimpses from the vibrant campus life during Spring 2023 AlMultaqa Prize for Arabic Short Story 2023 Annual concert for Students and other festivities for Brands League 2023 Kuwait National and Liberation Days Gathering for Alumni Special event for Faculty & Staff during Ramadan 2023 Certifi
Slide 9: At a Glance
ATA GLANCE HUMANSOFT Empowering People Through Knowledge
Slide 10: At a Glance
Q1 2023 At a Glance Leading 20+ 13,6841 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 81.5 KD 50.4 29% 400 fils Cash + million million 2013-2022 net profit 5% Bonus Shares CAGR in revenu
Slide 11: We are proud of our achievements
Q1 2023 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 750 Over 60% Over 70 HEC Montreal trees have been female di
Slide 12: Board & Executive Management
Q1 2023 Board & Executive Management
Slide 13: Board & Executive Management
Q1 2023 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
Q1 2023 Share Price Performance Shareholding (31 March 2023) KD Closing price as at 30 March 2023 3.891 Market Cap (KD mn) 1 473 Market Cap (USD bn) 1.5 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.15% 52-weeks high 2 3.891 6% Public Institute for Social Security 3.079 52-w
Slide 15: Consistently high EPS & Dividend payout
Q1 2023 Consistently high EPS & Dividend payout • Average dividend payout in EPS / Dividend / Dividend payout last 10 years has been in 78% excess of 70%. 514 96% • EPS for 2022 was 417 fils as 130% compared to 514 fils in 417 400 400 400 FY2021. 0% 71% 76% 308 • Cash dividend of 400 fils per 80% 29
Slide 16: Research Coverage
Q1 2023 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.050 28 February 2023 • Mirna Maher HSBC 4.900 16 January 2023 • Ankur Agarwal Arqaam 4.750 15 December 2022 • Christine Kalindjian SICO 4.300 16 August 2022 • Reem Albarri Citi 4.200 22 February 2023 • Mic
Slide 17: Revenue Recognition
Q1 2023 Revenue Recognition FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 (Normal Year) (COVID Year) (COVID Year) (Converging to normalcy) (Normal Year) Q1 Q1 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 25% Fall 2021/2022 • 20% Fall 2022/2023 • 40% Spring 2019 • 20% Spring 20
Slide 18: Q1 2023 Financial Performance
Q1 2023 Q1 2023 Financial Performance 11
Slide 19: Financial Performance – Q1 2023
Q1 2023 Financial Performance – Q1 2023 • Q1 2023 revenue was 12% lower compared to Q1 2022 Key figures and ratios Q1 2022 Q1 2023 Change mainly due to the changes in the academic calendar, Number of students (Fall) 13,753 13,684 -0.5% experienced in Q1 2022. Revenue (KD mn) 23.4 20.5 -12% • Q1 2023
Slide 20: Student Enrollment growing at a CAGR of 11%
Q1 2023 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 21: Key Financials
Q1 2023 Key Financials
Slide 22: Key Financials – Revenue Trends
Q1 2023 Key Financials – Revenue Trends • Revenue grew at a CAGR of Revenue (KD mn) 17% in the period 2013-2022 and was KD 20.5 million in Q1 2023. CAGR 17% • Q1 2023 revenue was 12% 95.9 lower compared to Q1 2022 mainly due to the changes in 84.3 the academic calendar in Q1 2022. 73.3 69.3 68.5 61.
Slide 23: Key Financials – Consistently High Margins
Q1 2023 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 19% in the period 2013- 19% 81.3 69.2 25% 69.1 2022. Gross profit margin 53.5 56.7 53.9 55.1 47.6 43.0 43.1 41.8 38.1 was 80% in
Slide 24: Key Financials – High ROAA and ROAE
Q1 2023 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 181.8 178.3 provides protection, resilience, 158.3 158.6 155.6 144.8 133.7 and enables Humansoft to 117.9 withstand stress events like 118.3
Slide 25: Strong Equity Story
Q1 2023 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus
Slide 26: Solid Track Record
Q1 2023 ✓ 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 27: Strategic pillars
Q1 2023 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 27
Slide 28: Strategic pillars
Q1 2023 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. — Q1 2023 Earnings Presentation on 6ix