Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q2 2023 Earnings Presentation
28 slides from Human Soft Holding Co. Kscc's earnings presentation, Aug 13, 2023
Slide 1: Humansoft Holding Company KSCP Q2 2023 Results
Q2 2023 Humansoft Holding Company KSCP Investor Presentation Q2 2023 Results 13 August 2023 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q2 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
Q2 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 Q2 2023 Financial performance 18-19 Student enrollment 20 Key
Slide 4: Key Highlights
2 2023 KEY HIGHLIGHTS HUMANSOFT Empowering People Through Knowledge
Slide 5: AUM #1 University in Kuwait, advances in QS 2024
Q2 2023 Key Highlights AUM #1 University in Kuwait, advances to #671-680 globally in QS 2024 For the third year in a row, the American University of the Middle East (AUM) has been ranked the first university in Kuwait by QS World University Rankings 2024. This new ranking places AUM #671-680 globall
Slide 6: Creating Impact through comprehensive strategy for sustainability
Q2 2023 Key Highlights Creating Impact through comprehensive strategy for sustainability AUM has been ranked #1 University in Kuwait and in #401-600 globally in the Overall Ranking of THE Impact Rankings 2023 that assess universities against the United Nations’ Sustainable Development Goals (SDGs).
Slide 7: AUM Career Fair 2023 and Corporate Award 2023
Q2 2023 Key Highlights AUM Career Fair 2023 and Recognition of Leading Companies through AUM Corporate Award 2023 In May 2023, AUM held its ninth annual Career Fair that connects students and alumni with top employers through a wide range of networking opportunities, such as booths exhibition, on-sp
Slide 8: Reinventing Student Learning Experience
Q2 2023 Key Highlights Reinventing Student Learning Experience AUM creates a student learning environment that inspires students and enriches their journey with creativity, determination, and success, in addition to the commitment to sustainability. Throughout the year, students and the community ce
Slide 9: At a Glance
ATA GLANCE HUMANSOFT Empowering People Through Knowledge
Slide 10: At a Glance
Q2 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 80.5 KD 46.8 29% 400 fils Cash + million million 2013-2022 net profit 5% Bonus Shares CAGR in revenu
Slide 11: We are proud of our achievements
Q2 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
Q2 2023 Board & Executive Management
Slide 13: Board & Executive Management
Q2 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
Q2 2023 Share Price Performance Shareholding (30 June 2023) KD Closing price as at 26 June 2023 3.706 Market Cap (KD mn) 1 473 Market Cap (USD bn) 1.5 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.17% 52-weeks high 2 3.804 6% Public Institute for Social Security 2.925 52-wee
Slide 15: Consistently high EPS & Dividend payout
Q2 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
Q2 2023 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.050 28 February 2023 • Mirna Maher HSBC 5.000 30 May 2023 • Ankur Agarwal Arqaam 4.500 10 May 2023 • Christine Kalindjian SICO 4.300 16 August 2022 • Reem Albarri Citi 4.200 22 February 2023 • Michel Salam
Slide 17: Revenue Recognition
Q2 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: Q2 2023 Financial Performance
Q2 2023 Q2 2023 Financial Performance 11
Slide 19: Financial Performance – H1 2023
Q2 2023 Financial Performance – H1 2023 • H1 2023 revenue was 9% lower Key figures and ratios Q2 2022 Q2 2023 Change H1 2022 H1 2023 Change compared to H1 2022 mainly due to the Number of students (Fall) 13,753 13,684 -0.5% 13,753 13,684 -0.5% changes in the academic calendar in Q1 2022 and lower re
Slide 20: Student Enrollment growing at a CAGR of 11%
Q2 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
Q2 2023 Key Financials
Slide 22: Key Financials – Revenue Trends
Q2 2023 Key Financials – Revenue Trends • Revenue grew at a CAGR of Revenue (KD mn) 17% in the period 2013-2022 and was KD 40.4 million in H1 2023. CAGR 17% • H1 2023 revenue was 9% lower 95.9 compared to H1 2022 mainly due to the changes in the 84.3 academic calendar in Q1 2022 and lower revenue fo
Slide 23: Key Financials – Consistently High Margins
Q2 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
Q2 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 provides protection, resilience, 158.3 158.6 155.6 133.7 and enables Humansoft to 136.5 131.8 129.2 117.9 withstand stress events like 118.3
Slide 25: Strong Equity Story
Q2 2023 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus
Slide 26: Solid Track Record
Q2 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
Q2 2023 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 27
Slide 28: Strategic pillars
Q2 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. — Q2 2023 Earnings Presentation on 6ix