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ASCOM 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-27.9 millionEGP · −171.3% vs the same period a year earlier
Total assets7.5 billionEGP · +170.5% vs the same period a year earlier
Shareholders' equity2.35 billionEGP · +764.4% vs the same period a year earlier
Operating cash flow-107 millionEGP · −392.9% vs the same period a year earlier

In short

  • ASCOM's net profit for Q1 2024 was about -27.9 million EGP, down −171.3% from 39.13 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 7.5 billion EGP, and shareholders' equity about 2.35 billion EGP.
  • Operating cash flow for Q1 2024 was negative at 107 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit-27.9 million39.13 million−171.3%
Gross profit208 million157 million+32.7%
Total assets7.5 billion2.77 billion+170.5%
Total liabilities5.15 billion3.13 billion+64.7%
Shareholders' equity2.35 billion-354 million+764.4%
Total liabilities and equity7.5 billion2.77 billion+170.5%
Operating cash flow-107 million36.46 million−392.9%
Investing cash flow46.53 million-41.54 million+212.0%
Financing cash flow147 million48.55 million+202.8%
Net change in cash86.71 million43.46 million+99.5%

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.

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

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