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Acrow Misr results, Q2 2024

Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.

Net profit154 millionEGP · +61.2% vs the same period a year earlier
Total assets4.64 billionEGP · +45.4% vs the same period a year earlier
Shareholders' equity1.78 billionEGP · +36.8% vs the same period a year earlier
Operating cash flow-240 millionEGP · −308.5% vs the same period a year earlier

In short

  • Acrow Misr's net profit for Q2 2024 was about 154 million EGP, up +61.2% from 95.51 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 4.64 billion EGP, and shareholders' equity about 1.78 billion EGP.
  • Operating cash flow for Q2 2024 was negative at 240 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit154 million95.51 million+61.2%
Gross profit529 million271 million+94.9%
Total assets4.64 billion3.19 billion+45.4%
Total liabilities2.86 billion1.89 billion+51.4%
Shareholders' equity1.78 billion1.3 billion+36.8%
Total liabilities and equity4.64 billion3.19 billion+45.4%
Operating cash flow-240 million-58.77 million−308.5%
Investing cash flow-37.74 million-16.56 million−127.9%
Financing cash flow254 million341 million−25.6%
Net change in cash-24.04 million2.73 million−979.8%

Figures in EGP from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.

Official report (PDF)All of Acrow Misr's statements, five yearsAsk the AI analyst about ACRO

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