Shuaa Capital (p.s.c) · DFM:SHUAA
Shuaa Capital (p.s.c) — SHUAA Capital — Q1 2023 Earnings Presentation
14 slides from Shuaa Capital (p.s.c)'s earnings presentation, May 11, 2023
Slide 1: Information Classification: Confidential
Information Classification: Confidential
Slide 2: Key Financial Highlights Q1 2023
— Key Financial Highlights Q1 2023 % Change % Change LE ed) Q1-23 Q4-22 vs. Q4-22 Q1-22 vs. Q1-22 Net Fee and Commission Revenue 545 542 0% 862 (37%) Other Revenue 52 51 2% 46 15% Total Revenues 59.7 59.3 1% 90.8 (34%) Operating Expenses (excl. one-off items & carry 19) (528) (40)% 73) (56)% expense
Slide 3: Revenue Breakdown
__ Revenue Breakdown Quarter-on-Quarter Revenues Commentary AEDM Normalizing recurring revenues continue to PE set Management contribute significantly coupled with strong momentum in the investment banking space Investment Banking Corporate = Asset management continues to support recurring revenues
Slide 4: Asset Management Segment Performance
__ Asset Management Segment Performance AEDm HE realestate Posting healthy Q1 2023 results driven by the contribution from recurring real estate revenues and successful fund Public Markets , , an exit coupled with resilient fee performance from Private Markets managed public & private market funds 5
Slide 5: Investment Banking Segment Performance
__ Investment Banking Segment Performance Investment banking delivers strong performance driven Markets by improved trading & advisory income Investment Management 6 Banking: 5 5 = Stable revenues as a result of cyclicality and timing q 1 of deal closures 41 Markets: 3 = Trading income consistent in
Slide 6: Corporate Segment Performance
__ Corporate Segment Performance AEDm Robust corporate revenues amidst prolonged market volatility 43 = Lower corporate revenues reported in Q1 2023 post NCM transaction = Declining performance in Group's run-off businesses 29 26 2 P| (0) Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 EBITDA 13 18 1 7) 2 Net Profit
Slide 7: Operating Expense Breakdown
__ Operating Expense Breakdown Quarter-on-Quarter Expenses! Commentar y AEDm EE stott costs [ll other Expenses Firm cost discipline maintained across the Group in Q1 HB csa IC 2 Controllable Costs 2023 D&A = Controllable costs including staff costs and G&A (21) have decreased in Q1 2023 as a result
Slide 8: Total Debt Back to Back Loans
▪ ▪ ▪ Total Debt Back to Back Adjusted Equity- Equity- Loans Debt Parent Total
Slide 9: Appendix
Appendix
Slide 10: Quarterly P&L
— Quarterly P&L AED ‘000 by a ca 2021 2021 2021 Revenue 59,720 286.438 59.345 70,561 65,79 90,753 319,462 80,691 70,858 71530 Other income/(expense) 6.683) 160,885 oar 19.994 36,909 111795 3272 6,443 3587 9,395 Net foreign exchange gain/(loss) 107) 25,650 (02,922), 15,607 16,085 6879 5,900 2,487 402
Slide 11: Balance Sheet Summary
— Balance Sheet Summary AED ‘000 31-Mar 30-Jun 31-Mar 30-Jun 31-Mar 2023 2022 2022 2021 2021 Assets Cash and deposits with banks 98,275 64151 107,907 (252,983 348,586 (460,648 391,614 321196 353,566 416,975 Receivables and other debit balances 437,598 407,061 ‘397,757 201,808 (234,801 (351,041 239,5
Slide 12: Disclaimer
Disclaimer THIS PRESENTATION IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION. THIS PRESENTATION MAY NOT BE PUBLISHED OR FURTHER DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE ORIN PART, TO ANY OTHER PERSON IN ANY JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO WOULD BE UNLAWFUL. By
Slide 13: Cautionary Statement Regarding Forward-Looking Information
_—. Cautionary Statement Regarding Forward-Looking Information This document contains forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding
Slide 14: Information Classification: Confidential
Information Classification: Confidential