Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q1 2021 Earnings Presentation
20 slides from Human Soft Holding Co. Kscc's earnings presentation, May 4, 2021
Slide 1: Investor Presentation Q1 2021 Results
Humansoft Holding Company KSCP Investor Presentation Q1 2021 Results 4 May 2021 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Disclaimer • The information set out in this presentation and provided in the discussion subsequent thereto does not constitute an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. • This presentation do
Slide 3: Table of contents
Table of contents Page Key highlights 4 At a glance 5 We are proud of our achievements 6 Board & Executive Management 7 Share price performance 8 10th largest by market cap 9 Research coverage 10 Revenue recognition 11 Q1 2021 financial performance 12 Student enrollment 13 Key financials 14-16 Stron
Slide 4: Key highlights
Key highlights • The General Assembly approved cash dividends of 400 fils per share Dividends • 25 April 2021: ex-dividend date • 3 May 2021: payment date • Dr. Georges Yahchouchi took over as CEO effective 4 April 2021, in addition New CEO to his role as President of AUM • AUM achieved an overall e
Slide 5: At a glance
At a glance Leading 20+ 13,7631 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 83.2 KD 59.2 29% 400 fils million million 2014-2020 net profit cash dividend per share for CAGR FY 2020 in r
Slide 6: We are proud of our achievements
We are proud of our achievements Over 700 Over 60% Over 60 trees have been female different staff planted in the students nationalities campus Over 100 Over 90 Over 20 community academic sports engagement competitions achievements initiatives since since 2014 since 2018 2014 Q1 2021 6
Slide 7: Board & Executive Management
Board & Executive Management Name Position Ms. Dalal Hasan Al Sabti Chairperson Board of Mr. Tareq Fahad Al Othman Vice Chairman Directors Mr. Mayank Hasmukhlal Baxi Director Mr. Hasan Qasim Al Ali Director Mr. Abdulrazaq Abdulla Mohammad Ahmed Director Name Position Dr. Georges Yahchouchi CEO, and
Slide 8: Share price performance
Share price performance Shareholding (20 Apr 2021) KD Closing price as at 31 Mar 2021 3.700 Market Cap (KD mn) 1 450 Market Cap (USD bn) 1.5 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.21% 52-weeks high 2 3.930 6% Public Institute for Social Security 2.246 52-weeks low 2 C
Slide 9: 10th largest by market cap on Boursa Kuwait's Premier Market
10th largest by market cap on Boursa Kuwait’s Premier Market Market Cap Boursa Kuwait Name Description Rank (KD million) segment Kuwait Finance House Banking 5,844 1 Premier National Bank of Kuwait Banking 5,805 2 Premier Zain Telecom 2,618 3 Premier Ahli United Bank AUB (Bahrain) Banking 2,056 4 Pr
Slide 10: Research coverage
Research coverage Broker Target price Date of report Analyst • Alaa Tolba CI Capital 5.000 8 January 2019 • Mirna Mohsen • Hatem Alaa EFG Hermes 4.850 25 November 2020 • Mirna Maher HSBC 4.800 9 November 2020 • Ankur Agarwal • Mehwish Zafar Arqaam 4.540 15 February 2021 • Christine Kalindjian • Aly
Slide 11: Revenue recognition
Revenue recognition FY 2019 FY 2020 FY 2021 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 40% Spring 2019 • 20% Spring 2020 • 25% Spring 2021 Q2 Q2 • 60% Spring 2019 • 38% Spring 2020 Q3 Q3 • 100% Summer 2019 • 42% Spring 2020 • 20% Fall 2019/2020 • 100% Summer 2020 Q4 Q4
Slide 12: Q1 2021 financial performance
Q1 2021 financial performance • Q1 2021 revenue was 114% higher as compared to Q1 2020 mainly Key figures and ratios Q1 2020 Q1 2021 Change due to higher student enrolment and changes to the academic Number of students (Fall) 12,385 13763 11% calendar due to Covid-19 Revenue (KD mn) 12.8 27.5 114% •
Slide 13: Student enrollment
Student enrollment Total CAGR 18% AUM CAGR 22% ACM CAGR 6% Total 13,763 AUM ACM 12,356 12,385 11,760 1,935 10,360 1,970 2,127 2,286 8,620 Total students 2,011 6,853 enrolled 1,663 5,348 1,477 11,828 3,657 10,229 10,415 (beginning of 1,426 8,349 9,474 6,957 the Fall 1,182 5,376 3,922 semester) 2,475
Slide 14: Key financials: Revenues more than doubled in Q1 2021
Key financials Revenues more than doubled in Q1 2021 Revenue (KD mn) • Q1 2021 revenue was 114% higher as compared CAGR to Q1 2020 mainly due to 16% higher student enrolment 69.3 73.3 68.5 and changes to the 61.8 54.5 academic calendar due to Covid-19 43.6 114% 28.6 27.5 12.8 2014 2015 2016 2017 201
Slide 15: Key financials: Margins increased to new highs in Q1 2021
Key financials Margins increased to new highs in Q1 2021 • Gross profit grew at a CAGR Gross profit (KD mn) and gross profit margin EBITDA (KD mn) and EBITDA margin of 17% in the period 2014- 2020. Gross profit margin CAGR CAGR 17% 56.7 22% increased to 86% in Q1 53.5 53.9 43.0 43.1 2021 47.6 38.1 4
Slide 16: Key financials: Humansoft has a fortress balance sheet
Key financials Humansoft has a fortress balance sheet • Humansoft has a net cash Total assets (KD mn) and ROAA Total equity (KD mn) and ROAE position of KD 83 mn as at 31 March 2021 183.5 158.3 137.2 118.3 117.9 • Humansoft’s strong 109.9 56.0% 53.5% 98.4 50.8% earnings have resulted in 85.7 50.2% 4
Slide 17: Strong equity story
Strong equity story • Solid track record • Strategic pillars • Long term focus 17
Slide 18: Solid track record
Solid track record Online learning, and state of the art campus Highest number of students among private universities in Kuwait Focus on Engineering & Business majors Solid financial performance, fortress balance sheet One of the largest free floats on Boursa Kuwait Q1 2021 18
Slide 19: Strategic pillars
Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value Q1 2021 19
Slide 20: Long term focus
Long term focus • We are building new capabilities and developing new offerings to secure our long term prospects Academic • This includes widening the undergraduate offering by introducing excellence new majors, offering new masters programs, securing accreditation for the remaining programs, and d
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