Human Soft Holding Co. Kscc · KSE:HUMANSOFT
Human Soft Holding Co. Kscc — Humansoft Holding Company K.S.C.P. — Q2 2021 Earnings Presentation
21 slides from Human Soft Holding Co. Kscc's earnings presentation, Aug 2, 2021
Slide 1: Investor Presentation Q2 2021 Results
Humansoft Holding Company KSCP Investor Presentation Q2 2021 Results 2 August 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 4-5 At a glance 6 We are proud of our achievements 7 Board & Executive Management 8 Share price performance 9 10th largest by market cap 10 Research coverage 11 Revenue recognition 12 Q2 2021 financial performance 13 Student enrollment 14 Key financials 15-17 St
Slide 4: Key highlights
Key highlights • Kuwait’s Private Universities Council (PUC) announced the local scholarship numbers for Fall 2021 in July 2021. These announced numbers are not final. Until the start of the New student Fall Semester, there can be changes on account of additions and withdrawals. Further, admissions
Slide 5: Key highlights (cont'd)
Key highlights (cont’d) • Masters in engineering programs at AUM Approved • Petroleum Engineering Technology at ACM new majors • Chemical Engineering Technology at ACM • Civil Engineering Technology at ACM The College of Business Administration at AUM has earned AACSB business accreditation by the A
Slide 6: 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 98.2 KD 73.3 29% 400 fils million million 2014-2020 net profit cash dividend per share for CAGR FY 2020 in r
Slide 7: 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 Q2 2021 7
Slide 8: 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 9: Share price performance
Share price performance Shareholding (30 Jun 2021) KD Closing price as at 30 Jun 2021 3.755 Market Cap (KD mn) 1 457 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 2.502 52-weeks low 2 C
Slide 10: 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 6,353 1 Premier National Bank of Kuwait Banking 6,107 2 Premier Zain Telecom 2,549 3 Premier Ahli United Bank AUB (Bahrain) Banking 2,432 4 Pr
Slide 11: Research coverage
Research coverage Broker Target price Date of report Analyst • Aly Adel Beltone 5.130 10 May 2021 • Toka Elwazery HSBC 5.000 19 May 2021 • Ankur Agarwal • Hatem Alaa EFG Hermes 4.850 25 November 2020 • Mirna Maher Arqaam 4.200 12 July 2021 • Christine Kalindjian • Nishit Lakhotia SICO 4.200 13 July
Slide 12: 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 Q2 • 60% Spring 2019 • 38% Spring 2020 • 75% Spring 2021 Q3 Q3 • 100% Summer 2019 • 42% Spring 2020 • 20% Fall 2019/2020 • 1
Slide 13: Q2 2021 financial performance
Q2 2021 financial performance • H1 2021 revenue was 121% higher Key figures and ratios Q2 2020 Q2 2021 Change H1 2020 H1 2021 Change compared to H1 2020 mainly due to higher student enrolment and changes to the academic calendar Number of students (Fall) 12,385 13,763 11% 12,385 13,763 11% due to Co
Slide 14: 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 15: Key financials: Revenues more than doubled in H1 2021
Key financials Revenues more than doubled in H1 2021 Revenue (KD mn) • H1 2021 revenue was 121% higher compared to CAGR H1 2020 mainly due to 16% higher student enrolment 69.3 73.3 68.5 and changes to the 61.8 54.5 54.2 academic calendar due to Covid-19 43.6 121% 28.6 24.5 2014 2015 2016 2017 2018 2
Slide 16: Key financials: Margins increased to new highs in H1 2021
Key financials Margins increased to new highs in H1 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 H1 53.5 53.9 43.0 43.1 40.4 2021 47.6 4
Slide 17: 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 47 mn as at 30 June 2021 158.3 127.3 117.9 118.3 106.1 109.9 • Humansoft’s strong 98.4 56.0% 53.5% 85.7 50.8% earnings have resulted in 50.2% 48
Slide 18: Strong equity story
Strong equity story • Solid track record • Strategic pillars • Long term focus 18
Slide 19: Solid track record
Solid track record Top university ranking, high quality online learning, state of the art 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 f
Slide 20: Strategic pillars
Strategic pillars 1 2 3 Academic Operating Shareholder excellence efficiency value Q2 2021 20
Slide 21: Long term focus
Long term focus • We are building new capabilities and continuously developing new offerings to secure our long term prospects. This includes widening Academic the undergraduate offering by introducing new majors, offering new excellence masters programs, securing accreditation for the new programs,
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