Al Imtiaz Investment Group K.s.c.c · KSE:ALIMTIAZ
Al Imtiaz Investment Group K.s.c.c — Al Imtiaz Investment Group — Q1 2019 Earnings Presentation
15 slides from Al Imtiaz Investment Group K.s.c.c's earnings presentation, 2019
Slide 1: Passion for Excellence, Driving Growth: Earnings Presentation Q1 2019
PASSION FOR EXCELLENCE DRIVING GROWTH Earnings Presentation Q1 2019 www.alimtiaz.com
Slide 2: Disclaimer
Disclaimer This document has been prepared and issued by Al Imtiaz Investment Group Company K.S.C.P. (“AIIG”), which is regulated by the Kuwait Capital Markets Authority, the Central Bank of Kuwait and the Kuwait Ministry of Commerce and Industry. The purpose of this document is to provide informati
Slide 3: Q1 2019 Key Financial Highlights
Q1 2019 Key Financial Highlights Performance Driven by 10.7% y-o-y increase in Operating Portfolio Revenue1 to KD 10.6 mn Key Financial Metrics Key Financial Ratios KD 12.2 KD 3.4 KD 1.0 1.0 fils (14.7)% 2.0% Total Revenue EBITDA Net Profit Earnings per Revenue Growth Return on Equity (mn) (mn) (mn)
Slide 4: Q1 2019 Financial Performance
Q1 2019 Financial Performance Operating Portfolio Revenue1 (KD mn) Total Revenue2 (KD mn) 51.0 37.4 35.7 25.8 26.0 16.4 14.3 12.2 9.6 10.6 3M 2018 6M 2018 9M 2018 2018 3M 2019 3M 2018 6M 2018 9M 2018 2018 3M 2019 EBITDA (KD mn) Net Profit (KD mn) 20.0 29.2 17.1 23.0 12.3 16.5 7.9 5.9 3.4 1.0 3M 2018
Slide 5: Strategic Direction
Strategic Direction Strategic Focus on Growth 2019 Portfolio Key Developments Dimah Capital Real Estate Investment Re-Organization Develop Core Assets Dimah Capital had successfully obtained the approvals for its merger Continue to optimize Invest in core operating with Al Bilad Investment Company f
Slide 6: Key Operating Portfolio Companies
Key Operating Portfolio Companies Integrated Dimah Capital Al Bilad Real Technology Al Ritaj Holding Investment Estate Investment Holding Brief Real estate focused investment Disciplined investment approach Manufactures branded generic Regional IT and Technology Description management company with a
Slide 7: Key Operating Portfolio Companies Contd…
Key Operating Portfolio Companies Contd… House of Trade Amman Arab Engineering University Majd Food Triple e Holding and Construction Engineering, construction and Brief Private multidisciplinary university Food and beverage processing Service provider to the oil and maintenance contracting company
Slide 8: Q1 2019 Asset Allocation
Q1 2019 Asset Allocation Balanced Portfolio with Sectorial Diversification NAV as on Dec-18 NAV as on Mar-19 Real Estate Investments Real Estate Investment IT & Technology Services 12% IT & Technology Services 10% 5% 19% Real Estate Properties 3% Real Estate Properties 6% 3% 19% 3% Energy and Constr
Slide 9: Q1 2019 Revenue Key Drivers
Q1 2019 Revenue Key Drivers Decline in Total Revenue, Continued Growth in Operating Portfolio Revenue1 Performance Discussion Q1 2019 Total Revenue KD 12.2 mn • Total revenue declined 14.7% from KD 14.3 mn in Q1 2018 to KD 12.2 mn in Q1 2019 mainly due to impact of non-recurring divestments includin
Slide 10: Operating Expenses
Operating Expenses Operating Expenses excluding provisions and impairment increased from KD 5.6 mn in Q1 2018 to KD 7.6 mn in Q1 2019 due to consolidation of new entities Operating Expenses Q1 2018 KD 6.4 mn Operating Expenses Q1 2019 KD 8.8 mn 16% 26% 25% 17% 15% 2% 100% 17% 15% 19% 9% 12% 0.1% 21%
Slide 11: EBITDA and Margins
EBITDA and Margins Operating EBITDA increased 157% y-o-y to KD 4.2 mn Q1 2019 Operating EBITDA Q1 2019 Operating EBITDA Margins Real Estate Properties 98.6% 90.6% 9.1% 0.3% 100% F&B Processing and Packaging 47.5% 0.4 0.0 4.6 4.2 Real Estate Investments 37.5% IT & Technology Services 32.8% Energy and
Slide 12: Q1 2019 Income Key Drivers
Q1 2019 Income Key Drivers Total EBITDA and Net Profit primarily impacted by provisions of KD 1.2 mn Q1 2019 EBITDA Q1 2019 Net Profit 0.3% 1.0% 9.1% 0.5 29.1% KD KD 4.6 mn 1.5 mn 1.0 70.0% 90.6% Net Profit Non-controlling Interests Operating EBITDA Other Revenue Gain from other Exits Operating Net
Slide 13: Profit and Loss
Profit and Loss Segment Reporting Revenue from Operating Assets Quarter Ended Quarter Ended (KD mn) Mar-18 Mar-19 (KD mn) Mar-18 Mar-19 Associates 4.4 0.7 Net Operating Revenue from Subsidiaries 5.0 8.0 Pharmaceuticals 2.7 1.6 Real Estate Investment 2.5 2.2 Group’s Share of Results from Associates 0
Slide 14: Balance Sheet
Balance Sheet Balance Sheet Capital Structure (KD mn) Jun-18 Sep-18 Dec–18 Mar-19 (KD mn) Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Cash and Cash Equivalents and 52.6 28.0 47.2 35.4 Term Deposits Short Term Debt 7.0 6.7 7.8 27.3 28.0 Financial Assets at fair value through 33.8 25.7 24.9 29.6 other comprehe
Slide 15: Al Imtiaz Investment Group contact details
AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) Al Dhow Tower, Khaled Bin Al Waleed St., Sharq P.O.Box: 29050, Safat, 13151, Kuwait Website: www.alimtiaz.com Investor Relations AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) IR@alimtiaz.com +965 182 2282 www.alimtiaz.com
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