Efg Holding S.a.e. · EGX:HRHO
Efg Holding S.a.e — EFG Hermes Holding — FY2022 Earnings Presentation
26 slides from Efg Holding S.a.e's earnings presentation, Aug 6, 2023
Slide 1: EFG Hermes Holding 4Q/FY2022 Results Presentation
EFG Hermes Holding 4Q/FY2022 Results Presentation
Slide 2: Group Performance Highlights
Group Overview Group Performance Highlights ≡ As we continue to reap the fruit of our strategy which included diversified products/services and geographical presence, EFG Hermes Group reported a 77% Y-o-Y increase in revenues to reach EGP11 billion in FY22, with the consolidation of the aiBank and i
Slide 3: Share Information
Group Overview Share Information Stock Performance 4Q22 Stock Price Performance Shareholders structure DF EFG3 EFG-Hermes HC HFI (Rebased) LIMITED (Natixis S.A), RA MENA 12.3% HOLDINGS LTD & Close 17.88 55% Q-o-Q Public, RA HOLDINGS I LTD, 11.7% Open Hi Lo 52.8% 11.20 18.40 11.20 RIMCO E G T Average
Slide 4: Balance Sheet
Group Overview Balance Sheet Total Assets, EFG Hermes Balance Sheet as at 31St of December 2022 up 9% Q-o-Q In EGP bn Assets - Liabilities In EGP million Cash and Cash Equivalents 23,616 105.5 NBFIs Loans Receivable 12,023 Commercial Bank Loans 19,317 Investment in Associates 606 100.0 99.2 Merchant
Slide 5: I. Fourth Quarter Results Review – 4Q2022
I. Fourth Quarter Results Review – 4Q2022
Slide 6: Group Financial Highlights – 4Q2022
Group Overview Group Financial Highlights – 4Q2022 EFG Hermes Net Operating Revenue, EFG Hermes Operating Expenses, EFG Hermes Net Profit After Tax and up 117% Y-o-Y up 125% Y-o-Y Minority Interest, In EGP mn In EGP mn up 63% Y-o-Y Employee Expenses Other G&A Provisions & ECL In EGP mn Investment Ba
Slide 7: Investment Bank Highlights – 4Q2022
Investment Bank Overview Investment Bank Highlights – 4Q2022 Investment Bank Revenues, Investment Bank Expenses, up 146% Y-o-Y up 138% Y-o-Y In EGP mn In EGP mn Investment Bank Operational Highlights Holding & Treasury Sell-side Buy-side Employee Expenses Other G&A Provisions & ECL 3,185 332 2,075 1
Slide 8: Brokerage Overview – 4Q2022
Investment Bank Overview Brokerage Overview – 4Q2022 Executions and Market Shares Brokerage Revenue by Region EGYPT (1) DUBAI ABU DHABI In EGP mn Rank Rank Rank MENA Frontier Markets Products* Executions: Executions: Executions: $6,945 mn #1 $2,423 mn #1 $4,696 mn #2 551 39.1% 48.4% 13.7% 20 (up 158
Slide 9: Investment Banking and Research Overview – 4Q2022
Investment Bank Overview Investment Banking and Research Overview – 4Q2022 Investment Banking Research Securitization Advisory on Initial Public Offering Advisory on Initial Public Offering & Securitization Advisory on Initial Public Offering Research Coverage Universe Dual Listing (US$ 8 mn) (US$ 3
Slide 10: Asset Management Overview – 4Q2022
Investment Bank Overview Asset Management Overview – 4Q2022 Egypt Asset Management Regional Asset Management “FIM” Assets Under Management Revenue Breakdown Assets Under Management Revenue Breakdown In EGP bn In EGP mn In USD bn In EGP mn Portfolios Money Market & FI Equity Funds Management Fees Oth
Slide 11: Private Equity Overview – 4Q2022
Investment Bank Overview Private Equity Overview – 4Q2022 Private Equity Awards/Rankings Private Equity AUMs Evolution In USD mn Best Broker – MENA, Egypt, UAE, Oman, KSA, 652 603 596 Kuwait Global Investor: 2022 MENA Awards 443 437 Best Independent Advisory Firm – North Africa Best Brokerage Servic
Slide 12: NBFIs Highlights – 4Q2022
NBFIs Overview NBFIs Highlights – 4Q2022 NBFIs Revenues, NBFIs Expenses, NBFIs Net Profit After Tax and Minority up 46% Y-o-Y up 80% Y-o-Y Interest, In EGP mn In EGP mn down 45% Y-o-Y In EGP mn Tanmeyah valU Leasing Factoring Employee Expenses Other G&A Provisions & ECL 781 611 34 26 128 80 537 283
Slide 13: Tanmeyah and valU Overview – 4Q2022
NBFIs Overview Tanmeyah and valU Overview – 4Q2022 KPIs KPIs 122,627 378,645 EGP1.5 bn 355,965 122,076 Number of Processed Number of Active On-books Limits Activated Average Number of Number of valU Arrangement Fees Average Interest Rate App Customers Applications Borrowers Outstanding Value folio T
Slide 14: Leasing and Factoring Overview – 4Q2022
NBFIs Overview Leasing and Factoring Overview – 4Q2022 KPIs KPIs EGP2.2 bn EGP7.4 mn EGP 1.0 bn EGP545 mn 6 On-books Net Financed Amount On-books Average Ticket Size Outstanding Portfolio Outstanding Portfolio Receivables Value of Net Financed Amount Number of New New Contracts for New Contracts Con
Slide 15: aiBANK Operational and Financial Overview – 4Q2022
Business Lines Overview aiBANK Operational and Financial Overview – 4Q2022 aiBank Net Operating Revenue, aiBank Operating Expenses, aiBank Net Profit After Tax and up 116% Y-o-Y up 151% Y-o-Y Minority, KPIs In EGP mn In EGP mn up 56% Y-o-Y Net Interest Income Net Fees & Commissions Employee Expenses
Slide 16: I. Full Year Results Review – FY2022
I. Full Year Results Review – FY2022
Slide 17: Group Financial Highlights – FY2022
Group Overview Group Financial Highlights – FY2022 EFG Hermes Net Operating Revenue, EFG Hermes Operating Expenses, EFG Hermes Net Profit After Tax and up 77% Y-o-Y up 85% Y-o-Y Minority Interest, In EGP mn up 18% Y-o-Y In EGP mn Employee Expenses Other G&A Provisions & ECL In EGP mn Investment Bank
Slide 18: Investment Bank Highlights – FY2022
Investment Bank Overview Investment Bank Highlights – FY2022 Investment Bank Revenues, Investment Bank Expenses, Investment Bank Operational Highlights up 58% Y-o-Y up 75% Y-o-Y 96.3 In EGP mn In EGP mn Holding & Treasury Sell-side Buy-side Employee Expenses Other G&A Provisions & ECL USD bn 4,239 6
Slide 19: Brokerage Overview – FY2022
Investment Bank Overview Brokerage Overview – FY2022 Brokerage Revenue by Region Executions and Market Shares In EGP mn EGYPT (1) DUBAI ABU DHABI MENA Frontier Markets Products* Rank Rank Executions: Rank Executions: Executions: 1,780 $13,153 mn #1 $10,079 mn #1 $17,554 mn #2 75 40.2% 41.1% 14.7% 11
Slide 20: Investment Banking Overview – FY2022
Investment Bank Overview Investment Banking Overview – FY2022 Investment Banking Awards/Rankings Advisory on Advisory on Advisory on Best Broker – MENA, Egypt, UAE, Oman, Advisory on Advisory on Securitization Securitization Initial Public Offering Sale of 4.8% Stake Sale of 70% Stake in Initial Pub
Slide 21: Asset Management and Private Equity Overview – FY2022
Investment Bank Overview Asset Management and Private Equity Overview – FY2022 Assets Under Management Evolution Private Equity Private Equity AUMs Evolution Egypt Regional “FIM” In USD mn In EGP bn In USD bn 652 2.7 443 25.9 2.6 23.5 Dec-22 Dec-21 ≡ Vortex Energy has injected its second tranche in
Slide 22: NBFIs Highlights – FY2022
NBFIs Overview NBFIs Highlights – FY2022 NBFIs Revenues, NBFIs Expenses, NBFIs Net Profit After Tax and Minority up 28% Y-o-Y up 31% Y-o-Y Interest, In EGP mn In EGP mn up 30% Y-o-Y In EGP mn Tanmeyah valU Leasing Factoring Employee Expenses Other G&A Provisions & ECL 447 2,549 1,764 83 84 344 294 1
Slide 23: Tanmeyah and valU Overview – FY2022
NBFIs Overview Tanmeyah and valU Overview – FY2022 KPIs KPIs 479,909 371,107 378,645 EGP6.9 bn 1.1 bn 567,715 Number of Processed Number of Loans Number of Active On-books Limits Activated Average Number of Average Number of Spread valU Applications Borrowers Outstanding Value folio Arrangement Fees
Slide 24: Leasing and Factoring Overview – FY2022
NBFIs Overview Leasing and Factoring Overview – FY2022 KPIs KPIs EGP 4.8 bn EGP4.4 bn EGP5.3 bn 99 On-books Number of Existing Receivables Value of New Net Financed Amount for Net FinancedPortfolio Outstanding Amount Average Spread Clients Contracts New Contracts EGP4.6 bn 167 days 52 Average Ticket
Slide 25: aiBANK Operational and Financial Overview – FY2022
Business Lines Overview aiBANK Operational and Financial Overview – FY2022 aiBank Net Operating Revenue aiBank Operating Expenses aiBank Net Profit After Tax and In EGP mn In EGP mn Minority KPIs In EGP mn Other Revenues Net Fees & Commissions Employee Expenses Other G&A Net Interest Income Provisio
Slide 26: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests described within it ("Investments") in any jurisdiction. Investors should make decisions to acquire Investments