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ASCOM 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 profit-334 millionEGP · −117.0% vs the same period a year earlier
Total assets7.25 billionEGP · +39.5% vs the same period a year earlier
Shareholders' equity2.14 billionEGP · +41.1% vs the same period a year earlier
Operating cash flow-637 millionEGP · −339.3% vs the same period a year earlier

In short

  • ASCOM's net profit for Fiscal year 2024 was about -334 million EGP, down −117.0% from 1.96 billion EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 7.25 billion EGP, and shareholders' equity about 2.14 billion EGP.
  • Operating cash flow for Fiscal year 2024 was negative at 637 million EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit-334 million1.96 billion−117.0%
Gross profit780 million161 million+383.9%
Total assets7.25 billion5.2 billion+39.5%
Total liabilities5.11 billion3.68 billion+38.8%
Shareholders' equity2.14 billion1.52 billion+41.1%
Total liabilities and equity7.25 billion5.2 billion+39.5%
Operating cash flow-637 million266 million−339.3%
Investing cash flow1.1 billion-101 million+1194.2%
Financing cash flow-138 million-2.66 million−5072.4%
Net change in cash329 million163 million+102.1%

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.

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

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