Novida for Investment and Technology results, Q2 2023
Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.
Net profit-1.24 millionEGP · −286.9% vs the same period a year earlier
Total assets19.28 millionEGP · −7.2% vs the same period a year earlier
Shareholders' equity7.74 millionEGP · −15.4% vs the same period a year earlier
Operating cash flow-377 thousandEGP · −1022.1% vs the same period a year earlier
In short
- Novida for Investment and Technology's net profit for Q2 2023 was about -1.24 million EGP, down −286.9% from 663 thousand EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 19.28 million EGP, and shareholders' equity about 7.74 million EGP.
- Operating cash flow for Q2 2023 was negative at 377 thousand EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit-1.24 million663 thousand−286.9%
Gross profit-454 thousand1.98 million−122.9%
Total assets19.28 million20.78 million−7.2%
Total liabilities11.53 million11.62 million−0.8%
Shareholders' equity7.74 million9.16 million−15.4%
Total liabilities and equity19.28 million20.78 million−7.2%
Operating cash flow-377 thousand40.93 thousand−1022.1%
Investing cash flow223 thousand-27.83 thousand+900.1%
Financing cash flow———
Net change in cash-155 thousand13.11 thousand−1281.1%
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.
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