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ACC results, Fiscal year 2024

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

Net profit495 millionEGP · −29.0% vs the same period a year earlier
Total assets5.85 billionEGP · +50.4% vs the same period a year earlier
Shareholders' equity2.3 billionEGP · +31.3% vs the same period a year earlier
Operating cash flow1.41 billionEGP · +120.1% vs the same period a year earlier

In short

  • ACC's net profit for Fiscal year 2024 was about 495 million EGP, down −29.0% from 697 million EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 5.85 billion EGP, and shareholders' equity about 2.3 billion EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 1.41 billion EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit495 million697 million−29.0%
Gross profit2.31 billion427 million+440.5%
Total assets5.85 billion3.89 billion+50.4%
Total liabilities3.55 billion2.13 billion+66.2%
Shareholders' equity2.3 billion1.75 billion+31.3%
Total liabilities and equity5.85 billion3.89 billion+50.4%
Operating cash flow1.41 billion641 million+120.1%
Investing cash flow-735 million-27.45 million−2576.0%
Financing cash flow567 million-871 million+165.1%
Net change in cash1.13 billion268 million+319.8%

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.

Official report (PDF)All of ACC's statements, five yearsAsk the AI analyst about ARCC

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