Unlu Yatirim Holding A.s. · BIST:UNLU
Unlu Yatirim Holding A.s — ÜNLÜ Yatırım Holding A.Ş. — H1 2022 Earnings Presentation
22 slides from Unlu Yatirim Holding A.s's earnings presentation, Aug 19, 2022
Slide 1: ÜNLÜ Yatırım Holding A.Ş. 1H22 Financial Results
ÜNLÜ Yatırım Holding A.Ş. 1H22 Financial Results Aykut Sarıbıyık – CFO Cansu Ökten – Finance and Reporting August 2022
Slide 2: Contents
CONTENTS 2022 First Half Results: Featured Topics 3 Financial Statements and Performance 4 Developments by Business Lines 11 Our Guidance for 2022: Revisions and New Goals 16 Appendix About ÜNLÜ & Co 19 Shareholder Structure and Group Companies 20 Social Responsibility and ÜNLÜ & Co 21 © 2022 ÜNLÜ &
Slide 3: 2022 First Half Results: Featured Topics
2022 First Half Results: Featured Topics 85,6 mn TL Net Profit (263% y/y) 26,4% Return on Equity 1H22 Comprehensive Income: 97,8 mn TL (226% y/y) 980 basis points increase compared to the same period of the previous year. 290,7 mn TL Revenues (*) Important Themes 105% increase y/y. 1,108 mn TL 2Q22
Slide 4: Financial Statements and Performance
Financial Statements and Performance
Slide 5: ÜNLÜ Yatırım Holding A.Ş. as of 1H22
ÜNLÜ Yatırım Holding A.Ş. as of 1H22 255,1 mn TL 46,9 mn TL 89% Core Revenues 2Q22 Profit Share of Recurring Revenues 1.108 mn TL 687 mn TL 27,2% (*) Total Assets Shareholders’ Equity Trailing-12-months Return on Equity 8,7 bn TL 1,8 bn TL 261 mn TL 4,2 bn TL DAHA AuC (**) Investment Alternative NPL
Slide 6: Financial Statements and Performance
Financial Statements and Performance 2018 2019 2020 In 1H22 Core Revenues (*) increased by 87% y/y and reached 255,1 mn TL. Comprehensive income reached 97,8 mn TL (y/y 226%). Source: June 30, 2022 Consolidated Financial Statements (*): Core Revenues = Gross Profit from Financial Activities (**): TT
Slide 7: Financial Statements and Performance
Financial Statements and Performance 2018 2019 2020 As of 1H22, Revenues (*) at 290,7 mn TL, EBITDA at 113,1 mn TL, Net Profit at 85,6 mn TL (y/y 263%). EBITDA Margin reached 39%, Profit Margin is healty at 29%, and RoE was 26,4%. Source: June 30, 2022 Consolidated Financial Statements (*): Extended
Slide 8: Financial Statements and Performance
Financial Statements and Performance Looking at the figures on an annualized basis as the precursor of our 2018 end-of-year 2019 targets, 2020both revenues (*) and NI have reached historical highs. (TTM Revenue: 480 mn TL. TTM Profit: 142 mn TL) (*): Extended Revenues = Gross Profit+ Other Operating
Slide 9: Financial Statements and Performance
Financial Statements and Performance 2019 2020 As of 1H22, consolidated assets reached 1,108 mn TL (y/y +35%), financial leverage remained the same, shareholders’ equity reached 687 mn TL (y/y +32%). Source: June 30, 2022 Consolidated Financial Statements (*): Cash and Cash Equivalent Assets:: Cash+
Slide 10: Financial Statements and Performance
Financial Statements and Performance Revenues from core business lines reached 255,1 mn TL in the first half (y/y +87%). 2018 2019 The determinant 2020 of revenues was the NPL Business Line. All other business lines made balanced contributions to the results. (**) (**) Source: June 30, 2022 Consolid
Slide 11: Developments by Business Lines
Developments by Business Lines
Slide 12: NPL Business Line
NPL Business Line 1H22 Revenues: 127mn TL NPL Sector 2020 (Pandemic) :Total 1,6 bn TL NPL sale NPL Busines Line Performance 2021: 5,1 bn TL (Specifically second half of the year) Total investments in1H22: 18 mn TL 1H22: 4,1 bn TL Average monthly revenue in 1H22: 21,1 mn TL (6,0% of Average NPL sales
Slide 13: Corporate Finance Business Line
Corporate Finance Business Line 2Q22 Results 1H22 Revenues: 21,2 mn TL (y/y -9%) The IPO of Hitit Bilgisayar was successfully completed. TTM Revenues: 38,7 mn TL This IPO was the one that attracted the most foreign investors lately. CF Revenues Elba Bant’s sale to the private equity fund Mediterra w
Slide 14: Investment Advisory: DAHA and Fund Management
Investment Advisory: DAHA and Fund Management DAHA 1H22 Revenues: 53,7 mn TL Design and development of our new mobile app continues within the scope of the Digital Transformation Project. Video based account opening project has been completed and our Ünlü Menkul Değerler A.Ş. was DAHA: 47,3 mn TL (y
Slide 15: Institutional Sales Business Line
Institutional Sales Business Line 1H22 Revenues: 32,1 mn TL Performance of the Business Line Recurring Revenues: 25,5 mn TL (y/y +113%) Institutional Sales revenue in 2Q22 increased by 253% q/y and declined Other Revenues(*): 6,6 mn TL (y/y 78%) by -10% q/q. Emerging diversity in business lines incr
Slide 16: The 2022 Guide: Revisions and New Goals
The 2022 Guide Revisions and New Goals
Slide 17: Guidance for 2022: Our Vision, Expectations and Goals
Guidance for 2022: Our Vision, Expectations and Goals Goal and Projection Previous Guide New Guide Operating income above 420 mn Considering our high performance in the first half and the continuing momentum in Operating Income in 2022 TL all business lines, we revise our consolidated income goal fo
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, Investment Advisory, Corporate Finance and Institutional Sales Pioneering initiatives, Reputable Name #1 Turkey’s first independent M&A DAHA Corporate Finance advisory firm NPL And Investment M&A Advisory
Slide 20: ÜNLÜ Yatırım Holding A.Ş – Ownership and Group Structure
ÜNLÜ Yatırım Holding A.Ş – Ownership and Group Structure Mahmut L. ÜNLÜ The Wellcome Trust Ltd Publicly Traded Other 64,71% 7,71% 26,30% 1,28% 100% 100% 32,5% 4,75% 100% 100% 100% ÜNLÜ Turkish Ünlü LT İSTANBUL Alternative Asset Alternative Investments ÜNLÜ Menkul ÜNLÜ Portföy 212 LTD Varlık Manageme
Slide 21: Social Responsibility
Social Responsibility § ÜNLÜ & Co supports sustainable initiatives in order to create lasting impact and transformation in the following fields: Entrepreneurship, women and education § In addition to sponsorships, ÜNLÜ & Co employees are actively involved in social responsibility projects. They dedi
Slide 22: Thank You
Thank You 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.sarib
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