Kamco Investment Company K.s.c.p. · KSE:KAMCO
Kamco Investment Company K.s.c.p — Kamco Investment Company — Q1 2023 Earnings Presentation
19 slides from Kamco Investment Company K.s.c.p's earnings presentation, May 21, 2023
Slide 1: Kamco Investment Company Investors Presentation – 3M 2023
Kamco Investment Company Investors Presentation – 3M 2023 21 May 2023
Slide 2: Disclaimer
Disclaimer › This presentation is not an offer or invitation to subscribe to or purchase any securities. No warranty is given as to the accuracy or completeness of the information in this presentation. You must make your own independent investigation and appraisal of the business and financial condi
Slide 3: Kamco Invest - A regional non-banking financial powerhouse
Kamco Invest - A regional non-banking financial powerhouse › An independently managed › Licensed by Kuwait’s Capital Business Offerings subsidiary of KIPCO Group Markets Authority & Central adopting the highest standards Bank of Kuwait Asset Management › Fund Management › Portfolio Management of cor
Slide 4: Well positioned to better serve our clients
Well positioned to better serve our clients › Specialized Wealth Management team covering the region › An extensive client base including sovereign wealth Placement Power funds, government entities, corporates, family offices and HNWI › Presence in key capital markets in the MENA region Regional Foo
Slide 5: Market Overview
> Market Overview
Slide 6: GDP growth and oil prices
GDP growth and oil prices › Global GDP growth rates for 2023 were recalibrated reflecting lack Oil Market of confidence in growth as well as fears of a contagion of bank › Oil prices dropped to a 15-month low towards the end of March-2023 led by failures in the US and Europe. As per the IMF, 90% of
Slide 7: Capital markets performance
Capital markets performance › Global equity markets witnessed gains World Indices – Q1-2023 Returns during Q1-2023 supported by positive MENA Indices – Q1-2023 Returns performance in most major markets globally. The gains reflected optimism in Germany 12.2% Egypt 12.5% global equity markets, which s
Slide 8: Business & Financial Performance
Business & Financial Performance
Slide 9: Performance at a glance
Performance at a glance › KWD1.6mn loss in 3M 2023 3M 2023 3M 2022 Change › Fee income dropped by 31.9% Fee Income (KWD mn) 3.28 4.82 (31.94%) Total Income (KWD mn) 2.64 9.17 (71.19%) › General & administrative expenses 3.47 4.79 (27.58%) General & Admin. Expenses (KWD mn) dropped by 27.6% Net (Loss
Slide 10: Accomplishments
Accomplishments Asset Management Investment Banking › Assets under management grew by 2.7% › Venture Capital › Continued to advise their clients on to reach USD14.2bn › Efforts to raise capital for “The JEDI Fund” several transactions continue through marketing initiatives › Equities & Fixed Income
Slide 11: Accomplishments
Accomplishments Brokerage Regional Offices › Service offered through Oula Wasata, › Regional offices continued to strengthen Kamco Invest’s brokerage arm their presence in their respective markets › Continued to strengthen its competitive › Increased their contribution to the position and attracted
Slide 12: Assets Under Management
Assets Under Management › AUM KWD 4.3bn 5,000 (USD14.2bn) as of 31 March 2023 Acquisition of majority stake 4,500 in Global Investment House › CAGR 12.6% since inception in 4,000 1998 COVID-19 3,500 3,000 KWD million 2,500 2,000 International Financial Crisis 1,500 1,000 500 0 1999 2001 2003 2005 20
Slide 13: Financial Performance - Income Statement
Financial Performance - Income Statement › Fees remain the Fee Income 3M 2023 3M 2022 core of our income (KWD 000) (KWD 000) 4.8 INCOME KWD million Fee income 3,279 4,819 3.3 Net (Loss) gain on financial assets at fair value (779) 2,308 through profit or loss Share of results of associates (635) 1,7
Slide 14: Financial Performance - Income Statement
Financial Performance - Income Statement › General and General & Administrative Expenses 3M 2023 3M 2022 administrative (KWD 000) (KWD 000) expenses dropped EXPENSES by 27.6% General and administrative expenses 3.468 4.788 4.8 Finance costs 677 528 › General and KWD million Provision for expected cr
Slide 15: Financial Position – Assets
Financial Position – Assets › Total assets 31 March 2023 31 Dec 2022 Total Assets KWD (000) KWD (000) dropped by 0.24% › Cash & cash 129.4 129.1 equivalents Cash and cash equivalents 33,367 37,298 KWD million represents 25.8% of total assets Loans and advances 4,775 4,808 › Investments to Financial
Slide 16: Financial Position – Liabilities & Equity
Financial Position – Liabilities & Equity › Total liabilities 31 March 2023 31 Dec 2022 Liabilities decreased by KWD (000) KWD (000) 0.25% 70.0 63.4 63.2 60.0 LIABILITIES › Owners’ Equity 18.4 18.2 Loans 5,000 5,000 50.0 KWD million stands at Bonds 40,000 40,000 KWD60.8mn 40.0 Other liabilities 18,2
Slide 17: Share Information
> Share Information
Slide 18: Share Information
Share Information Legal Name Kamco Investment Company K.S.C. (Public) Date Established 16 September 1998 Regulated By Kuwait's Capital Markets Authority (CMA) and Central Bank of Kuwait Listing Date 20 October 2003 Stock Ticker KAMCO Bloomberg Ticker KAMCO KK Equity Thomson Reuters Ticker KAMC.KW Pa
Slide 19: kamcoinvest.com
kamcoinvest.com
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