Novida for Investment and Technology 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 profit214 thousandEGP · −61.6% vs the same period a year earlier
Total assets20.55 millionEGP · +2.4% vs the same period a year earlier
Shareholders' equity8.98 millionEGP · +5.7% vs the same period a year earlier
Operating cash flow451 thousandEGP · −9.7% vs the same period a year earlier
In short
- Novida for Investment and Technology's net profit for Q1 2023 was about 214 thousand EGP, down −61.6% from 558 thousand EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 20.55 million EGP, and shareholders' equity about 8.98 million EGP.
- Operating cash flow for Q1 2023 was positive at 451 thousand EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit214 thousand558 thousand−61.6%
Gross profit1.55 million1.81 million−14.0%
Total assets20.55 million20.06 million+2.4%
Total liabilities11.56 million11.57 million−0.0%
Shareholders' equity8.98 million8.49 million+5.7%
Total liabilities and equity20.55 million20.06 million+2.4%
Operating cash flow451 thousand500 thousand−9.7%
Investing cash flow-571 thousand-47.14 thousand−1110.7%
Financing cash flow———
Net change in cash-120 thousand453 thousand−126.4%
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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