Act Financial results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit498 millionEGP · +19958.0% vs the same period a year earlier
Total assets1.2 billionEGP · +146.8% vs the same period a year earlier
Shareholders' equity718 millionEGP · +178.4% vs the same period a year earlier
Operating cash flow-33.09 millionEGP · −39.1% vs the same period a year earlier
In short
- Act Financial's net profit for Q1 2023 was about 498 million EGP, up +19958.0% from 2.48 million EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 1.2 billion EGP, and shareholders' equity about 718 million EGP.
- Operating cash flow for Q1 2023 was negative at 33.09 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit498 million2.48 million+19958.0%
Gross profit697 million61.53 million+1033.4%
Total assets1.2 billion488 million+146.8%
Total liabilities486 million230 million+111.3%
Shareholders' equity718 million258 million+178.4%
Total liabilities and equity1.2 billion488 million+146.8%
Operating cash flow-33.09 million-23.79 million−39.1%
Investing cash flow-22.83 million-18.71 million−22.0%
Financing cash flow88.47 million-9.49 million+1032.5%
Net change in cash32.55 million-51.99 million+162.6%
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.
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