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Gemma results, Q2 2024

Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.

Net profit86.45 millionEGP · +43.0% vs the same period a year earlier
Total assets3.04 billionEGP · +32.2% vs the same period a year earlier
Shareholders' equity712 millionEGP · −0.4% vs the same period a year earlier
Operating cash flow-169 millionEGP · −20.2% vs the same period a year earlier

In short

  • Gemma's net profit for Q2 2024 was about 86.45 million EGP, up +43.0% from 60.45 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 3.04 billion EGP, and shareholders' equity about 712 million EGP.
  • Operating cash flow for Q2 2024 was negative at 169 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit86.45 million60.45 million+43.0%
Gross profit273 million222 million+22.9%
Total assets3.04 billion2.3 billion+32.2%
Total liabilities2.33 billion1.59 billion+46.9%
Shareholders' equity712 million714 million−0.4%
Total liabilities and equity3.04 billion2.3 billion+32.2%
Operating cash flow-169 million-140 million−20.2%
Investing cash flow-142 million-56.03 million−153.4%
Financing cash flow263 million117 million+124.4%
Net change in cash-47.51 million-79.07 million+39.9%

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.

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

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