Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q3 2023 Earnings Presentation
28 slides from Human Soft Holding Co. Kscc's earnings presentation, Nov 13, 2023
Slide 1: Humansoft Holding Company KSCP Q3 2023 Results
Q3 2023 Humansoft Holding Company KSCP Investor Presentation Q3 2023 Results 13 November 2023 Disclaimer: Nothing in this document constitutes an offer to sell or a solicitation of an offer to buy any securities
Slide 2: Disclaimer
Q3 2023 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
Q3 2023 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 Revenue recognition 17 Q3 2023 Financial performance 18-19 Student enrollment 20 Key
Slide 4: Key Highlights
3 2023 KEY HIGHLIGHTS HUMANSOFT Empowering People Through Knowledge
Slide 5: A Warm Welcome to the Start of the Academic Year 2023-2024
Q3 2023 Key Highlights A Warm Welcome to the Start of the Academic Year 2023-2024 AUM and ACM combined enrolled 2924 new students in Fall 2023, taking the total enrolled students in Fall 2023 to 13,425 The new academic year 2023-2024 was marked with a vibrant and welcoming environment where new stud
Slide 6: AUM advances to #25 in QS Arab Region Rankings 2024
Q3 2023 Key Highlights AUM advances to #25 and sustains its positioning as #1 University in Kuwait in QS Arab Region Rankings 2024 AUM has been ranked #1 University in Kuwait and #25 in the Arab Region in the latest QS Arab Region University Rankings in which the University is steadily advancing fro
Slide 7: Empowering People through Knowledge and Growth
Q3 2023 Key Highlights Paving the Way: Empowering People Academic Promotions through Knowledge and Growth 2023 In alignment with our motto Empowering People Through Knowledge and beyond 65+ education benefitting students, ongoing Faculty members opportunities are offered to Faculty, Staff and Commit
Slide 8: Commitment to Sustainability and Social Responsibility
Q3 2023 Key Highlights Unveiling our Commitment to Sustainability and Social Responsibility Commitment to sustainability and social responsibility is unveiled on campus and beyond, encompassing Sustainable Development Goals (SDGs) and Environmental, Social, and Corporate Governance (ESG). Campus Tre
Slide 9: At a Glance
ATA GLANCE HUMANSOFT Empowering People Through Knowledge
Slide 10: At a Glance
Q3 2023 At a Glance Leading 20+ 13,4251 University private higher education company years of operating enrolled students in of choice experience AUM and ACM in the GCC for Engineering and Business KD 79.9 KD 45.9 29% 400 fils Cash + million million 2013-2022 net profit 5% Bonus Shares CAGR in revenu
Slide 11: We are proud of our achievements
Q3 2023 We are proud of our achievements #1 Ranking #1 Ranking #25 Ranking Internationally University Green & Sustainable In the Arab Accredited in Kuwait University in Kuwait Region Engineering & Business Majors Over 750 Over 60% Over 70 International trees have been female different staff Relation
Slide 12: Board & Executive Management
Q3 2023 Board & Executive Management
Slide 13: Board & Executive Management
Q3 2023 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
Q3 2023 Share Price Performance Shareholding (30 September 2023) KD Closing price as at 27 September 2023 3.125 Market Cap (KD mn) 1 399 Market Cap (USD bn) 1.3 20% Al-Othman 6m avg. daily trading volume (% of shares outstanding) 0.14% 52-weeks high 2 3.970 7% Public Institute for Social Security 3.
Slide 15: Consistently high EPS & Dividend payout
Q3 2023 Consistently high EPS & Dividend payout • Average dividend payout in EPS / Dividend / Dividend payout last 10 years has been in excess of 70%. 78% • Cash dividend of 400 fils per 130% 514 96% share and Bonus shares of 417 400 400 400 5% was distributed for FY 0% 2022 71% 76% 295 308 • The pa
Slide 16: Research Coverage
Q3 2023 Research Coverage Broker Target price Date of report Analyst • Hatem Alaa EFG Hermes 5.050 28 February 2023 • Mirna Maher HSBC 5.000 30 May 2023 • Ankur Agarwal Arqaam 4.280 16 August 2023 • Christine Kalindjian Citi 4.200 22 February 2023 • Michel Salameh KAMCO 3.715 15 November 2022 • Thom
Slide 17: Revenue Recognition – Back to Normal in FY 2023
Q3 2023 Revenue Recognition – Back to Normal in FY 2023 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 (Normal Year) (COVID Year) (COVID Year) (Converging to normalcy) (Normal Year) Q1 Q1 Q1 Q1 Q1 • 20% Fall 2018/2019 • 20% Fall 2019/2020 • 50% Fall 2020/2021 • 25% Fall 2021/2022 • 20% Fall 2022/2023 • 40%
Slide 18: Q3 2023 Financial Performance
Q3 2023 Q3 2023 Financial Performance 11
Slide 19: Financial Performance – Q3 2023
Q3 2023 Financial Performance – Q3 2023 • 9M 2023 revenue was 7% lower Key figures and ratios Q3 2022 Q3 2023 Change 9M 2022 9M 2023 Change compared to 9M 2022 mainly due to the Number of students (Fall) 13,684 13,425 -2% 13,684 13,425 -2% changes in the academic calendar in Q1 2022 and lower revenu
Slide 20: Student Enrollment growing at a CAGR of 8%
Q3 2023 Student Enrollment growing at a CAGR of 8% Total CAGR 8% AUM CAGR 8% ACM CAGR 5% 13,763 13,753 13,684 13,425 Total AUM ACM 12,356 12,385 11,760 1,935 1,892 2,001 2,246 10,360 2,127 1,970 8,620 2,286 2,011 Total students 6,853 1,663 enrolled 1,477 11,828 11,861 10,415 11,683 11,179 (beginning
Slide 21: Key Financials
Q3 2023 Key Financials
Slide 22: Key Financials – Revenue Trends
Q3 2023 Key Financials – Revenue Trends • Revenue grew at a CAGR of Revenue (KD mn) 17% in the period 2013-2022 and was KD 58.2 million in 9M 2023. CAGR 17% • 9M 2023 revenue was 7% lower compared to 9M 2022 95.9 mainly due to the changes in the academic calendar in Q1 84.3 2022 and lower revenue fo
Slide 23: Key Financials – Consistently High Margins
Q3 2023 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 2022. Gross profit margin 53.5 56.7 53.9 55.1 47.6 51.9 47.4 41.8 43.0 43.1 41.4
Slide 24: Key Financials – High ROAA and ROAE
Q3 2023 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 158.3 158.6 163.7 provide protection, resilience, 155.6 156.3 133.7 and enable Humansoft to 131.8 117.9 121.0 115.3 withstand stress events l
Slide 25: Strong Equity Story
Q3 2023 STRONG EQUITY STORY Solid track record Strategic pillars Long term focus
Slide 26: Solid Track Record
Q3 2023 ✓ 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 27: Strategic pillars
Q3 2023 Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value 27
Slide 28: Strategic pillars
Q3 2023 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
Humansoft Holding Company K.S.C.P. — Q3 2023 Earnings Presentation on 6ix