Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — FY2022 Earnings Presentation
30 slides from Human Soft Holding Co. Kscc's earnings presentation, Feb 21, 2023
Slide 1: Humansoft Holding Company KSCP Investor Presentation FY 2022 Results
FY 2022 Humansoft Holding Company KSCP Investor Presentation FY 2022 Results 21 February 2023 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
FY 2022 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
FY 2022 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 FY 2022 Converging Towards Normalcy 17-19 FY 2022 Financial performance 20-21 Student
Slide 4: Key Highlights
FY 2022 KEY HIGHLIGHTS HUMANSOFT Empowering People Through Knowledge
Slide 5: Key Highlights: Hosting of THE MENA Universities Summit
FY 2022 Key Highlights Hosting of THE MENA Universities Summit 2022 AUM hosted the Times Higher Education MENA Universities Summit 2022 under the theme “Transforming learning for a sustainable future” from November 28 to 30. Through thought leadership sessions, keynote speeches, workshops and networ
Slide 6: Key Highlights: AUM #1 in Kuwait and rises in regional rankings
FY 2022 Key Highlights AUM #1 in Kuwait and rises in the Top regional lists of University rankings THE Arab University Rankings 2022: For the second year in a row, AUM has been ranked #1 in Kuwait and advanced to #18 in the Arab countries. The exclusive reveal of the prestigious THE Arab University
Slide 7: Key Highlights: A Vibrant and Enthusiastic Fall Semester
FY 2022 Key Highlights A Vibrant and Enthusiastic Fall Semester Fall 2022 semester was marked with a vibrant and enthusiastic academic and student life. Various activities were held whether in classroom, in student clubs or outdoor, to further enrich the learning experience. Also, AUM collaborated w
Slide 8: Unique sports atmosphere on campus and beyond
FY 2022 Unique sports atmosphere on campus and beyond Opening of FIFA World Cup Qatar 2022 on Start of championships of Universities Athletics Campus and daily livestreaming until the finals Association in Kuwait (UAAK) AUM Analysis Studio FIFA World Cup Qatar 2022 Participation in RoadRush in suppo
Slide 9: At a Glance
FY 2022 ATA GLANCE HUM/\NSOFT Empowering People Through Know!
Slide 10: At a Glance
FY 2022 At a Glance Leading 20+ 13,6841 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 84.3 KD 55.1 29% 400 fils Cash + million million 2013-2022 net profit 5% Bonus Shares CAGR in revenu
Slide 11: We are proud of our achievements
FY 2022 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
FY 2022 Board & Executive Management 11
Slide 13: Board & Executive Management
FY 2022 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
FY 2022 Share Price Performance Shareholding (31 December 2022) KD Closing price as at 29 December 2022 3.520 Market Cap (KD mn) 1 428 Market Cap (USD bn) 1.4 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.10% 52-weeks high 2 3.699 6% Public Institute for Social Security 3.07
Slide 15: Consistently high EPS & Dividend payout
FY 2022 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
FY 2022 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.400 15 February 2022 • Mirna Maher • Aly Adel Beltone 5.130 10 May 2021 • Toka Elwazery HSBC 4.900 16 January 2023 • Ankur Agarwal Arqaam 4.750 15 December 2022 • Christine Kalindjian SICO 4.300 16 August
Slide 17: FY 2022 Converging Towards Normalcy
FY 2022 FY 2022 Converging Towards Normalcy 11
Slide 18: Converging towards normalcy: FY 2022 vs. FY 2021
FY 2022 Converging towards normalcy FY 2022 vs. FY 2021 • Revenue and profitability for FY 2021 and FY 2022 are not comparable. • Disruptions due to Covid-19 and changes in the Academic calendar in the year 2020 and 2021, resulted in a higher revenue in FY 2021. • Q4 2022 Academic calendar for Fall
Slide 19: Revenue Recognition
FY 2022 Revenue Recognition FY 2019 FY 2020 FY 2021 FY 2022 (Normal Year) (COVID Year) (COVID Year) (Converging to normalcy) Q1 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 25% Fall 2021/2022 • 40% Spring 2019 • 20% Spring 2020 • 25% Spring 2021 • 40% Spring 2022 Q2 Q2 Q
Slide 20: FY 2022 Financial Performance
FY 2022 FY 2022 Financial Performance (converging towards normalcy) 11
Slide 21: Financial Performance – FY 2022
FY 2022 Financial Performance – FY 2022 • FY 2020 and FY 2021 academic calendars were Key figures and ratios Q4 2021 Q4 2022 Change FY 2021 FY 2022 Change COVID impacted and is back to normal in Q4 2022. Number of students (Fall) 13753 13684 -0.5% 13,753 13,684 -0.5% • FY 2022 revenue was 12% lower
Slide 22: Student Enrollment growing at a CAGR of 11%
FY 2022 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 23: Key Financials
Key Financials Empowering People Through Knowledge
Slide 24: Key Financials – Persistent Growth in Revenues
FY 2022 Key Financials – Persistent Growth in Revenues • Revenue grew at a CAGR of Revenue (KD mn) 17% in the period 2013-2022 and was KD 84.3 million in 2022. CAGR 17% • FY 2022 revenue was 12% lower compared to FY 2021 mainly because of disruptions 95.9 due to Covid-19 and changes in the academic
Slide 25: Key Financials – Consistently High Margins
FY 2022 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 53.5 56.7 53.9 55.1 2022. Gross profit margin 47.6 41.8 43.0 43.1 38.1 was 82% in
Slide 26: Key Financials – High ROAA and ROAE
FY 2022 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 131.8 117.9 withstand stress events like 118.3 109.9 Covid-
Slide 27: Strong Equity Story
FY 2022 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus 3
Slide 28: Solid Track Record
FY 2022 ✓ 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 29: Strategic pillars
FY 2022 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 29
Slide 30: Strategic pillars
FY 2022 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
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