Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. (İş Investment) — Q1 2024 Earnings Presentation
27 slides from Is Yatirim Menkul Degerler As's earnings presentation, Jun 13, 2024
Slide 1: ISMEN Performance & Financial Results 1Q24
ISMEN Performance & Financial Results 1Q24 13.06.2024
Slide 2: About Us
About Us Operational Performance Financial Results
Slide 3: About Us: Shareholding Structure, Vision, Mission and Values
About Us Shareholding Structure Vision, Mission and Corporate Values Isbank & Free Float Isbank 29% Group Companies VISION MISSION CORPORATE VALUES %71 To be the leader and • Offer a wide range of • Laws, ethical and governance the most reliable investment banking services abiding investment institu
Slide 4: About Us
About Us Established in 1996 TL 18.624 Mn TL 53.758 Mn 581 as the investment banking arm of İşbank TL 0.5 Mn TL 0.5 Mn 42 Shareholders' Equtiy Total Assets Employees 1996 2024/3 1996 2024/3 1996 2024/3 31 Branches -Inflation accounting implemented 2024/3 financial figures.
Slide 5: Widespread Branch Network
About Us Widespread Branch Network Ataşehir Yeşilyurt Güneşli Taksim Kalamış Beylikdüzü Levent Bağdat Caddesi Maslak Bahçeşehir Maltepe Tuzla* Nişantaşı Çorlu** İstanbul Ankara Samsun Anadolu Trabzon Başkent Bursa Ankara Eskişehir 9 Eylül İzmir Kayseri İzmir Diyarbakır Ege Denizli Bodrum Adana Antal
Slide 6: Subsidiaries
About Us Subsidiaries MAXIS INVESTMENTS MAXIS VENTURE CAPITAL EFES NPL MANAGEMENT (100.0%) PORTFOLIO MANAGEMENT (85.1%) London headquartered (100.0%) Mainly specializes in managing subsidiary to serve Establish and manage venture banks’ NPLs and restructuring brokerage activities capital investment
Slide 7: İş Investment's First Integrated Annual Report
About Us İş Investment's First Integrated Annual Report 2023 Integrated Annual Report of İş Investment which is prepared in line with the GRI Universal Standards and Integrated Reporting Framework of the IFRS Foundation has been published.
Slide 8: BIST Indices that ISMEN included in
About Us BIST Indices that ISMEN included in BIST 100 BIST DIVIDEND BIST FINANCIALS BIST DIVIDEND 25 BIST SUSTAINABILITY BIST 100-30 BIST 500 BIST STARS BIST ALL SHARES BIST BROKERAGE HOUSES
Slide 9: Main Business Lines
About Us Main Business Lines Main Business Lines Brokerage & Trading Corporate Finance Investment Advisory Asset Management Research
Slide 10: Operational Performance
About Us Operational Performance Financial Results
Slide 11: Operational Performance: Equities
Operational Performance Equities Equity Market - Borsa Istanbul İş Investment 6.000 12,0% 10,3% 9,9% 9,8% 9,5% 65.481 5.000 10,0% 8,6% 8,3% 6.720 8,1% 4.000 8,0% 3.000 6,0% 35.412 2.000 2.941 4,0% 20.726 2.026 13.189 15.027 13.102 1.000 1.255 1.285 1.301 2,0% 4.260 0 347 0,0% '19 '20 '21 '22 '23 '1Q
Slide 12: Operational Performance: Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) İş Investment 23.322 2.500 12,0% 10,8% 10,6% 9,9% 2.276 9,5% 9,3% 10,0% 15.775 2.000 9,8% 9,3% 8,0% 1.500 1.493 8.945 6,0% 6.871 1.000 5.737 5.196 947 4,0% 2.872 500 642 535 516 2,0% 311 0 0,0% '19 '20 '21 '22 '23 '1Q23 '1Q24 '19
Slide 13: Corporate Finance - Debt Securities Issuances
Operational Performance Corporate Finance - Debt Securities Issuances Debt Securities Issuances - Market İş Investment 500 Total Issuance Size (TL Billion) Number of Issuances 2.000 60 140 1.854 1.813 Issuance size (TL Billion) Number of issuances 450 1.800 119 459,0 120 50 400 1.600 105 53,0 1.330
Slide 14: Corporate Finance – IPOs
Operational Performance Corporate Finance – IPOs Mogan Energy IC Enterra Consortium member for 2024/3 2024/3 6 IPOs with IPO Ratio IPO Ratio 10.76% 20.03% total size of TL 11.2 bn IPO Size IPO Size TL 3 Billion TL 3.7 Billion $ 95.3 Million $ 114.4 Million We intermediated Mogan Energy and IC Enterr
Slide 15: Assets Under Management – Equity Loans
Operational Performance Assets Under Management – Equity Loans AuM - İş Asset Management Equity Loans - İş Investment 12.000 100,0% Assets Under Managament 9.900 90,0% 1Q23 1Q24 Change (%) 10.000 80,0% (TL Mn) 70,0% 8.000 Mutual Funds 85.688 248.807 190 60,0% 6.270 6.000 50,0% Pension Funds 77.489 1
Slide 16: Financial Results
About Us Operational Performance Financial Results
Slide 17: Revenue Generation Structure
Financial Results Revenue Generation Structure Operating Revenues Commission Income Subsidiaries Non-Commission Income Brokerage Private Equity Financial Investments Equity Loans & Treasury Transactions Corporate Finance Investment Trust Equities Asset Management NPL Management Fixed Income Securiti
Slide 18: Main Financial Figures Included in İşbank's Financial Statements
Financial Results Main Financial Figures Included in İşbank’s Financial Statements İş Investment (TL 000)* 1Q23 1Q24 y/y (%) Total Assets 28.027.127 52.316.897 87 Shareholders’ Equity 7.872.197 19.111.316 143 Net Profit 1.444.318 2.642.502 83 *Some of the consolidated financial figures, which were n
Slide 19: Glance at Inflation Adjusted Financial Statements
Financial Results Glance at Inflation Adjusted Financial Statements İş Investment - Consolidated (TL 000) 4Q23 1Q24 y/y (%) Total Assets 48.319.684 53.758.222 11 Shareholders’ Equity 18.379.038 18.623.771 1 İş Investment - Consolidated (TL 000) 1Q23 1Q24 y/y (%) Operating Revenues 3.594.684 4.615.52
Slide 20: Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Operating Revenues (TL 000) 1Q23 1Q24 y/y (%) Interest and Trading Revenues 2.552.949 3.396.754 33 Commission Revenues 1.041.735 1.218.773 17 TOTAL 3.594.684 4.615.527 28 Revenue Breakdown of Op. Rev. – 1Q24 Percentage Breakdown of Op. Rev. – 1Q24 3.
Slide 21: Breakdown of Commissions
Financial Results Breakdown of Commissions Commission Revenues (TL 000) 1Q23 1Q24 y/y (%) Brokerage 744.373 846.551 14 Corporate Finance 33.411 74.379 123 Asset Management 263.951 297.843 13 TOTAL 1.041.735 1.218.773 17 Commission Revenues – 1Q24 Revenue Breakdown of Brokerage – 1Q24 TL mn 584 Asset
Slide 22: Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses (TL 000) 1Q23 1Q24 y/y (%) Marketing, Sales and Distribution Expenses 212.747 285.657 34 General Administrative Expenses 844.566 849.496 1 TOTAL 1.057.313 1.135.153 7 Operating Expenses – 1Q24 Marketing Exp. 25% TL 1.135 mn Adm. Ex
Slide 23: Liquidity and Financial Position
Financial Results Liquidity and Financial Position 1,66 1,69 1,64 1,56 1,54 1,43 0,99 0,99 Current Assets /Short Term Liabilities Current Assets / Total Liabilities Total Liabilities / Equity Short Term Liabilities / Total Liabilities 4Q23 1Q24
Slide 24: Price Performance & Daily Trading Volume
40.000,00 45.000,00 50.000,00 55.000,00 60.000,00 65.000,00 2.01.2024 5.01.2024 8.01.2024 Market Cap. (TL mn) 11.01.2024 14.01.2024 17.01.2024 20.01.2024 23.01.2024 26.01.2024 29.01.2024 1.02.2024 4.02.2024 7.02.2024 10.02.2024 13.02.2024 Market Cap. 16.02.2024 19.02.2024 22.02.2024 25.02.2024 28.02
Slide 25: Investor Relations
Investor Relations Fatih Mehmet Yılmaz Deputy CEO Phone : +90 0212 350 25 00 Fax : +90 0212 350 25 01 E-mail : fyilmaz@isinvestment.com The Investor Relations is responsible for the timely communication of necessary, accurate, complete, comprehensible and easily accessible information and explanatio
Slide 26: Disclaimer
Disclaimer The information in this report is prepared by “IS YATIRIM MENKUL DEGERLER A.S.” (IS Investment) and it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions
Slide 27: ISMEN Performance & Financial Results 1Q24
ISMEN Performance & Financial Results 1Q24 13.06.2024
İş Yatırım Menkul Değerler A.Ş. (İş Investment) — Q1 2024 Earnings Presentation on 6ix