Net profit · 2024
−334million
▼ 117.0% vs 2023
Total assets · 2024
7.25billion
▲ 39.5% vs 2023
Shareholders' equity · 2024
2.14billion
▲ 41.1% vs 2023
Operating cash flow · 2024
−637million
▼ 339.3% vs 2023
Key facts
Source: annual statements 2024- ASCOM's net profit in 2024 was -334 million EGP, down 117.0% from 1.96 billion EGP in 2023.
- Total assets at the end of 2024 were 7.25 billion EGP, and shareholders' equity 2.14 billion EGP.
- Operating cash flow in 2024 was negative at 637 million EGP.
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Annual net profit last 5 years
Net profit−70.73million
−84.93million
−80.78million
1.96billion
−334million
20202021202220232024
Summarised financial statements
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Item · EGP20202021202220232024
Income statement
Net profit-70.73 million-84.93 million-80.78 million1.96 billion-334 million
Gross profit280 million338 million313 million592 million780 million
Total assets1.3 billion1.36 billion2.22 billion5.2 billion7.25 billion
Total liabilities1.38 billion1.53 billion2.51 billion3.68 billion5.11 billion
Shareholders' equity-80.08 million-172 million-286 million1.52 billion2.14 billion
Total liabilities and equity1.3 billion1.36 billion2.22 billion5.2 billion7.25 billion
Operating cash flow62.46 million39.23 million19.52 million266 million-637 million
Investing cash flow-8.06 million-92.31 million-252 million-101 million1.1 billion
Financing cash flow-21.67 million38.87 million290 million-2.66 million-138 million
Net change in cash32.72 million-14.2 million57.47 million163 million329 million
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Figures in Egyptian pounds from the published statement summaries, after normalising reporting units across periods. The exact figure is in the attached report.