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ASCOM results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit168 millionEGP · −92.4% vs the same period a year earlier
Total assets7.91 billionEGP · +48.4% vs the same period a year earlier
Shareholders' equity2.43 billionEGP · +32.1% vs the same period a year earlier
Operating cash flow-35.87 millionEGP · −115.4% vs the same period a year earlier

In short

  • ASCOM's net profit for Q3 2024 was about 168 million EGP, down −92.4% from 2.22 billion EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 7.91 billion EGP, and shareholders' equity about 2.43 billion EGP.
  • Operating cash flow for Q3 2024 was negative at 35.87 million EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit168 million2.22 billion−92.4%
Gross profit191 million144 million+32.8%
Total assets7.91 billion5.33 billion+48.4%
Total liabilities5.48 billion3.49 billion+57.0%
Shareholders' equity2.43 billion1.84 billion+32.1%
Total liabilities and equity7.91 billion5.33 billion+48.4%
Operating cash flow-35.87 million233 million−115.4%
Investing cash flow56.36 million-13.3 million+523.7%
Financing cash flow16.83 million-230 million+107.3%
Net change in cash37.32 million-10.56 million+453.4%

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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