Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q3 2021 Earnings Presentation
22 slides from Human Soft Holding Co. Kscc's earnings presentation, Nov 8, 2021
Slide 1: Investor Presentation Q3 2021 Results
Humansoft Holding Company KSCP Investor Presentation Q3 2021 Results 8 November 2021 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Disclaimer • The information set out in this presentation and provided in the discussion subsequent thereto does not constitute an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. • This presentation do
Slide 3: Table of contents
Table of contents Page Key highlights 4-6 At a glance 7 We are proud of our achievements 8 Board & Executive Management 9 Share price performance 10 12th largest by market cap 11 Research coverage 12 Revenue recognition 13 Q3 2021 financial performance 14 Student enrollment 15 Key financials 16-18 S
Slide 4: Key highlights
Key highlights New student • 3,183 new students were admitted in Fall 2021 semester Enrollment • 13,753 students were enrolled in total at the start of Fall 2021 semester. in Fall 2021 • The Fall 2021 semester will be hybrid, from October 2021 to January 2022 Strategic The College of Business Admini
Slide 5: Key highlights (cont'd): Students return to a safe and vibrant campus life
Key highlights (cont’d): Students return to a safe and vibrant campus life Ensuring full readiness for a safe return to campus and for a smooth orientation and welcoming of all students Q3 2021 5
Slide 6: Key highlights (cont'd): Students return to a safe and vibrant campus life
Key highlights (cont’d): Students return to a safe and vibrant campus life Inspirational Speech by Michael Launching of Career Day Initiative Think Pink, Breast Cancer Awareness Massimino, a former NASA Astronaut Campaign Campus life is returning to a new normal at AUM and ACM starting from Fall 202
Slide 7: At a glance
At a glance Leading 20+ 13,7531 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 86.3 KD 62.2 29% 400 fils million million 2014-2020 net profit cash dividend per share for CAGR FY 2020 in r
Slide 8: We are proud of our achievements
We are proud of our achievements Over 700 Over 60% Over 60 trees have been female different staff planted in the students nationalities campus Over 130 Over 100 Over 20 community academic sports engagement competitions achievements initiatives since since 2014 since 2018 2014 Q3 2021 8
Slide 9: Board & Executive Management
Board & Executive Management Name Position Ms. Dalal Hasan Al Sabti Chairperson Board of Mr. Tareq Fahad Al Othman Vice Chairman Directors Mr. Mayank Hasmukhlal Baxi Director Mr. Hasan Qasim Al Ali Director Mr. Abdulrazaq Abdulla Mohammad Ahmed Director Name Position Dr. Georges Yahchouchi CEO, and
Slide 10: Share price performance
Share price performance Shareholding (30 September 2021) KD Closing price as at 30 Sep 2021 3.298 Market Cap (KD mn) 1 401 Market Cap (USD bn) 1.3 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.21% 52-weeks high 2 3.930 6% Public Institute for Social Security 2.670 52-weeks l
Slide 11: 12th largest by market cap on Boursa Kuwait's Premier Market
12th largest by market cap on Boursa Kuwait’s Premier Market Market Cap Boursa Kuwait Name Description Rank (KD million) segment Kuwait Finance House Banking 6,881 1 Premier National Bank of Kuwait Banking 6,855 2 Premier Ahli United Bank AUB (Bahrain) Banking 2,888 3 Premier Zain Telecom 2,592 4 Pr
Slide 12: Research coverage
Research coverage Broker Target price Date of report Analyst • Aly Adel Beltone 5.130 10 May 2021 • Toka Elwazery HSBC 5.000 19 May 2021 • Ankur Agarwal • Hatem Alaa EFG Hermes 4.850 25 November 2020 • Mirna Maher Arqaam 4.200 2 August 2021 • Christine Kalindjian • Nishit Lakhotia SICO 4.200 13 July
Slide 13: Revenue recognition
Revenue recognition FY 2019 FY 2020 FY 2021 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 40% Spring 2019 • 20% Spring 2020 • 25% Spring 2021 Q2 Q2 Q2 • 60% Spring 2019 • 38% Spring 2020 • 75% Spring 2021 Q3 Q3 Q3 • 100% Summer 2019 • 42% Spring 2020 • 100% Summer 2021 •
Slide 14: Q3 2021 financial performance
Q3 2021 financial performance • 9M 2021 revenue was 36% higher Key figures and ratios Q3 2020 Q3 2021 Change 9M 2020 9M 2021 Change compared to 9M 2020 mainly due to changes to the academic calendar due to Covid-19 Number of students (Fall) 13,763 13,753 - 13,763 13,753 - • 9M 2021 EBITDA of KD 47.7
Slide 15: Student enrollment
Student enrollment Total CAGR 16% AUM CAGR 19% ACM CAGR 5% 13,763 13,753 Total AUM ACM 12,356 12,385 11,760 1,935 1,892 10,360 1,970 2,127 2,286 8,620 Total students 2,011 6,853 enrolled 1,663 5,348 1,477 11,828 11,861 3,657 10,229 10,415 (beginning of 1,426 8,349 9,474 6,957 the Fall 1,182 5,376 3,
Slide 16: Key financials: Higher Revenues in 9M 2021
Key financials Higher Revenues in 9M 2021 Revenue (KD mn) • 9M 2021 revenue was 36% higher compared to 9M CAGR 2020 mainly due to 16% changes to the academic 36% 69.3 73.3 68.5 calendar due to Covid-19 61.8 67.7 54.5 43.6 49.9 28.6 2014 2015 2016 2017 2018 2019 2020 9M 2020 9M 2021 • The higher educ
Slide 17: Key financials: Margins continue to remain high in 9M 2021
Key financials Margins continues to remain high in 9M 2021 • Gross profit grew at a CAGR Gross profit (KD mn) and gross profit margin EBITDA (KD mn) and EBITDA margin of 17% in the period 2014- 2020. Gross profit margin CAGR CAGR 17% 56.7 57.1 22% increased to 84% in 9M 53.5 53.9 47.7 2021 47.6 43.0
Slide 18: Key financials: Humansoft has a fortress balance sheet
Key financials Humansoft has a fortress balance sheet • Humansoft has a net cash Total assets (KD mn) and ROAA Total equity (KD mn) and ROAE position of KD 58 mn as at 30 September 2021 158.3 167.0 117.9 112.0 118.3 109.9 • Humansoft’s strong 98.4 56.0% 53.5% 85.7 50.8% earnings have resulted in 50.
Slide 19: Strong equity story
Strong equity story • Solid track record • Strategic pillars • Long term focus 19
Slide 20: Solid track record
Solid track record Top university ranking, high quality learning, state of the art 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 free flo
Slide 21: Strategic pillars
Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value Q3 2021 21
Slide 22: Long term focus
Long term focus • We are building new capabilities and continuously developing new offerings to secure our long term prospects. This includes widening Academic the undergraduate offering by introducing new majors, offering new excellence masters programs, securing accreditation for the new programs,
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