Novida for Investment and Technology results, Q1 2024
Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.
Net profit-1.06 millionEGP · −593.4% vs the same period a year earlier
Total assets28.43 millionEGP · +38.4% vs the same period a year earlier
Shareholders' equity26.52 millionEGP · +195.3% vs the same period a year earlier
Operating cash flow-602 thousandEGP · −233.5% vs the same period a year earlier
In short
- Novida for Investment and Technology's net profit for Q1 2024 was about -1.06 million EGP, down −593.4% from 214 thousand EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 28.43 million EGP, and shareholders' equity about 26.52 million EGP.
- Operating cash flow for Q1 2024 was negative at 602 thousand EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit-1.06 million214 thousand−593.4%
Gross profit-116 thousand1.55 million−107.5%
Total assets28.43 million20.55 million+38.4%
Total liabilities1.9 million11.56 million−83.5%
Shareholders' equity26.52 million8.98 million+195.3%
Total liabilities and equity28.43 million20.55 million+38.4%
Operating cash flow-602 thousand451 thousand−233.5%
Investing cash flow—-571 thousand—
Financing cash flow-6.93 million——
Net change in cash-7.53 million-120 thousand−6196.1%
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.
Novida for Investment and Technology's Q3 2026 results, the day they are published
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