Pakistan Stock Exchange Ltd · PSX:PSX
Pakistan Stock Exchange — FY2022 Earnings Presentation
20 slides from Pakistan Stock Exchange's earnings presentation, October 2022
Slide 1: Pakistan Stock Exchange Analyst Briefing
Pakistan Stock Exchange Analyst Briefing Financial Results for the year ended June 30, 2022 & the first quarter ended September 30, 2022 1
Slide 2: Core Operating Revenue vs ADTV
CORE OPERATING REVENUE VS ADTV PKR Millions 1,600 30,000 28,743 1,400 1,338 1,289 25,000 1,200 20,000 1,000 795 800 734 14,935 15,000 713 12,163 600 10,963 10,945 9,512 10,000 400 307 5,000 200 - - 2018 2019 2020 2021 2022 Q1 2023 OPERATING REVENUE ADTV 2 Private & Confidential
Slide 3: Core Operating Revenue
CORE OPERATING REVENUE PKR Millions 1,600 1,400 1,338 1,289 1,200 1,000 795 800 713 734 600 400 307 200 - 2018 2019 2020 2021 2022 Q1-2023 3 Private & Confidential
Slide 4: Operating Profit / (Loss)
OPERATING PROFIT / (LOSS) PKR Millions 150 100 92 50 27 - (50) (22) (100) (150) (200) (199) (250) (236) (265) (300) 2018 2019 2020 2021 2022 Q1-2023 OPERATING PROFIT OPERATING LOSS 4 Private & Confidential
Slide 5: Profit Before Tax
PROFIT BEFORE TAX PKR Millions 800 722 700 600 500 460 400 300 190 200 113 92 100 55 - 2018 2019 2020 2021 2022 Q1-2023 5 Private & Confidential
Slide 6: Net Cash Generated During the Year
NET CASH GENERATED DURING THE YEAR PKR Millions 400 301 300 200 170 113 100 - (100) (135) (200) (300) (275) (400) (382) (500) 2018 2019 2020 2021 2022 Q1-2023 ` Positive Cash Generation Negative Cash Generation 6 Private & Confidential
Slide 7: Net Cash Generated from Operations
NET CASH GENERATED FROM OPERATIONS PKR Millions 700 600 584 564 500 400 300 200 102 100 34 15 10 - 2018 2019 2020 2021 2022 Q1-2023 7 Private & Confidential
Slide 8: Contingencies
CONTINGENCIES * Rs in Million 12,000 11,345 10,000 8,000 6,000 4,000 3,057 2,000 1,264 420 420 - 2019 2020 2021 2022 Q1-2023 * The decrease in contingencies amount since FY 2019 represents the disposal of 4 cases amounting to Rs.6.79 billion. In addition, 9 cases amounting to Rs.4.14 billion have be
Slide 9: Equity Listings
EQUITY LISTINGS* 12 10 10 8 7 6 6 4 2 2 - - 0 2018 2019 2020 2021 2022 Q1-2023 * Equity listings include listings of Main Board, GEM Board and Preference shares. 9 Private & Confidential
Slide 10: ADTV Trend Analysis
ADTV TREND ANALYSIS PKR Billions High Low Average 45 40 40 35 30 29 25 23 20 17 15 15 16 15 13 14 12 10 11 11 10 10 8 8 7 5 5 - 2018 2019 2020 2021 2022 Q1 2023 10 June 2022 Private & Confidential
Slide 11: UINs
UINs 290,000 284,085 279,522 280,000 270,000 260,000 257,714 250,000 240,000 238,763 231,735 230,182 230,000 220,000 2018 2019 2020 2021 2022 September 2022 11 Private & Confidential
Slide 12: Financial Highlights – FY 2022
FINANCIAL HIGHLIGHTS – FY 2022 FY21- FY20- PKR Millions Change Variance analyses 22 21 Net decline is due to the following reasons: i. Increase in Annual Listing Fee amounting to Rs.62 million is in line with an increase in Average Market Capitalization to Rs. 8 Trillion during FY2020-21 as compared
Slide 13: Financial Highlights – Q1FY2023
FINANCIAL HIGHLIGHTS – Q1FY2023 Q122- Q121- PKR Millions Change Variance analyses 23 22 Net decline is due to the following reasons: i. Increase in Annual Listing Fee amounting to Rs.4.5 million due to transfer of few listing companies to higher slabs ii. Increase in Initial Listing Fee by Rs. 9.3 m
Slide 14: Revenue – FY 2022
REVENUE – FY 2022 PKR Millions 700 608 600 552 526 491 494 500 400 300 270 200 185 167 149 91 104 100 63 52 21 3 3 6 5 - Listing fee Trading fee Regulatory fee Facilities and Data vending Membership Other fee Other revenue Share of profit equipment fee fee fee from Associates FY2021-22 FY2020-21 14
Slide 15: Revenue – Q1FY2023
REVENUE – Q1FY2023 PKR Millions 160 157 142 140 137 120 110 100 95 80 60 48 46 46 40 22 18 18 18 15 20 9 1 1 - 3 - Listing fee Trading fee Regulatory fee Facilities and Data vending Membership Other fee Other revenue Share of profit equipment fee fee fee from Associates Q12022-23 Q12021-22 15 *Other
Slide 16: Expenses – FY 2022
EXPENSES – FY 2022 PKR Millions 700 646 600 541 500 400 293 300 241 248 214 200 148 129 100 62 61 68 62 26 16 22 23 - HR cost Fuel and power Repair and IT maintenance Legal charges Security expenses Depreciation and Other expenses (excluding bonus) maintenance Amortization FY2021-22 FY2020-21 *Other
Slide 17: Expenses Q1FY2023
EXPENSES Q1FY2023 PKR Millions 200 181 180 161 160 140 120 100 80 60 56 54 47 51 46 41 40 25 16 20 16 20 5 6 6 5 - HR cost Fuel and power Repair and IT maintenance Legal charges Security expenses Depreciation and Other expenses (excluding bonus) maintenance Amortization Q12022-23 Q12021-22 *Other Ex
Slide 18: Balance Sheet
BALANCE SHEET PKR Millions Particulars September 30, 2022 June 30, 2022 June 30, 2021 Variance Non-Current Assets 9,502 9,392 8,929 Current Assets 3,716 3,257 3,065 Total Assets 13,218 12,649 11,994 Authorized Capital (1,000,000,000 10,000 10,000 10,000 ordinary shares of Rs.10 each) Equity 10,254 1
Slide 19: Initiatives Already in Place
INITIATIVES ALREADY IN PLACE Developments in Product Management and Research Demerger of Real Estate PSX is also in line to introduce Single stock options for the Formation of a wholly-owned subsidiary instead of a sister concern. market participants as the regulatory framework for deliverable S
Slide 20: Thank You
Thank You . Ney
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