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Remas 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 profit58.75 millionEGP · −33.3% vs the same period a year earlier
Total assets1.59 billionEGP · +34.8% vs the same period a year earlier
Shareholders' equity442 millionEGP · +6.6% vs the same period a year earlier
Operating cash flow183 millionEGP · +291.0% vs the same period a year earlier

In short

  • Remas's net profit for Fiscal year 2024 was about 58.75 million EGP, down −33.3% from 88.05 million EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 1.59 billion EGP, and shareholders' equity about 442 million EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 183 million EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit58.75 million88.05 million−33.3%
Gross profit270 million238 million+13.6%
Total assets1.59 billion1.18 billion+34.8%
Total liabilities1.15 billion764 million+50.1%
Shareholders' equity442 million414 million+6.6%
Total liabilities and equity1.59 billion1.18 billion+34.8%
Operating cash flow183 million46.83 million+291.0%
Investing cash flow-124 million-193 million+35.6%
Financing cash flow20.64 million32.93 million−37.3%
Net change in cash79.62 million-9.06 million+979.1%

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.

The report file for this period has not been published yet.All of Remas's statements, five yearsAsk the AI analyst about CERA

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