Digitize for Investment and Technology 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 profit1.23 millionEGP · +163.6% vs the same period a year earlier
Total assets271 millionEGP · +447.4% vs the same period a year earlier
Shareholders' equity27.35 millionEGP · +60.3% vs the same period a year earlier
Operating cash flow-7.27 millionEGP · +38.9% vs the same period a year earlier
In short
- Digitize for Investment and Technology's net profit for Q1 2024 was about 1.23 million EGP, up +163.6% from 466 thousand EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 271 million EGP, and shareholders' equity about 27.35 million EGP.
- Operating cash flow for Q1 2024 was negative at 7.27 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit1.23 million466 thousand+163.6%
Gross profit9.73 million3.31 million+193.8%
Total assets271 million49.43 million+447.4%
Total liabilities243 million32.36 million+651.6%
Shareholders' equity27.35 million17.07 million+60.3%
Total liabilities and equity271 million49.43 million+447.4%
Operating cash flow-7.27 million-11.91 million+38.9%
Investing cash flow-32.72 thousand-382 thousand+91.4%
Financing cash flow10.33 million13.48 million−23.4%
Net change in cash3.03 million1.78 million+70.3%
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.
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