Waha Capital Company · ADX:WAHA
Waha Capital — Q1 2022 Earnings Presentation
12 slides from Waha Capital's earnings presentation, 2022
Slide 1: Investor Presentation
Investor Presentation FY2022, First Quarter 1
Slide 2: Financial Highlights
Q1 2022 Financial Highlights Total Income Net Profit G&A Expenses Finance Costs Total AUM (AED m) (AED m) (AED m) (AED m) (AED bn) 345 147 65 28 22 111 6.3 57 5.8 309 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q4 2021 Q1 2022 2
Slide 3: Quarter Financial Highlights
Q1 2022 Quarter Financial Highlights Net Profit Total Income Finance Cost AED 147m AED 345m AED 28m vs AED 111m YoY vs AED 309m YoY vs AED 22m YoY Public Markets Profit AED 148m Awards & Recognition 2022 vs AED 139m YoY MENA Equity Fund CEEMEA Credit Fund Islamic Income Fund return return return 8.2
Slide 4: Financial Results Summary
Q1 2022 Financial Results Summary Return on Average Equity • Net profit of AED 147m (Q1 2021: AED 111m) driven by 4.4% continuing strong performance from Public Markets vs 3.6% YoY • Total income of AED 345m (Q1 2021: AED 309m) Earnings Per Share (AED) • Public Markets: AED 224m (Q1 2021: AED 210m)
Slide 5: Funds & Awards
Public Markets Business Funds & Awards CEEMEA Credit Fund Awards & Accolades Primarily invests in hard currency fixed income instruments from Emerging Market corporate and sovereign credits in the Central Europe, 2022 Eastern Europe, Middle East and Africa (CEEMEA) region MENA Equity Fund Absolute r
Slide 6: Fund Range
Public Markets Business Fund Range WAHA CEEMEA CREDIT FUND SP WAHA MENA EQUITY FUND SP WAHA ISLAMIC INCOME FUND SP Fund Inception 2012 2014 2020 Seed Capital US$ 169m US$ 161m US$ 25m Fund offered to third party 2015 2015 2021 NAV US$ 510.7m US$ 659.7m US$ 36.5m Cumulative Gross return (%) 170.5% 26
Slide 7: Portfolio Overview
Private Investments Business Portfolio Overview Global Opportunities Core Portfolio Legacy Portfolio Broad and flexible global Seek to take controlling or Comprised of existing assets that mandate enabling Waha Capital significant minority stakes in do not fit within the Global to invest acros
Slide 8: Income Statement Summary
Three month period year ended 31 March 2022 Income Statement Summary Q1 2022 Q1 2021 AED ‘000 Revenue from sale of goods and services 71,065 77,949 Share of profit / (loss) from equity-accounted 2,683 (5,671) associates and joint ventures, net Income from financial investments 257,668 223,788 Income
Slide 9: Balance Sheet Summary
Three month period year ended 31 March 2022 Balance Sheet Summary As at 31 Mar 2022 As at 31 Dec 2021 AED ‘000 Investments in equity accounted associates 170,034 170,242 and joint ventures Right-of-use assets 111,115 99,649 Investment property 711,637 711,422 Financial investments 6,344,064 6,414,02
Slide 10: Outlook
Summary Outlook As the company pivots its strategy towards growth, its focus remains on generating superior investment returns for both its shareholders and clients. The outlook is positive as it continues to enhance and develop its investment platform, across all three business divisions. The P
Slide 11: Disclaimer
DISCLAIMER This document is not an offer, invitation or recommendation to subscribe to or purchase any securities. Nothing in this document shall form the basis of any contract or commitment whatsoever. This document contains forward-looking statements. Forward-looking statements can be identified b
Slide 12: Waha Capital
WAHA CAPITAL