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E-Finance 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 profit1.78 billionEGP · +41.2% vs the same period a year earlier
Total assets9.06 billionEGP · +18.6% vs the same period a year earlier
Shareholders' equity6.84 billionEGP · +22.1% vs the same period a year earlier
Operating cash flow-91.92 millionEGP · −131.1% vs the same period a year earlier

In short

  • E-Finance's net profit for Q1 2024 was about 1.78 billion EGP, up +41.2% from 1.26 billion EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 9.06 billion EGP, and shareholders' equity about 6.84 billion EGP.
  • Operating cash flow for Q1 2024 was negative at 91.92 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit1.78 billion1.26 billion+41.2%
Gross profit1 billion2.22 billion−54.8%
Total assets9.06 billion7.64 billion+18.6%
Total liabilities2.22 billion2.03 billion+9.2%
Shareholders' equity6.84 billion5.6 billion+22.1%
Total liabilities and equity9.06 billion7.64 billion+18.6%
Operating cash flow-91.92 million296 million−131.1%
Investing cash flow-161 million1.23 billion−113.0%
Financing cash flow-722 million-903 million+20.1%
Net change in cash-312 million627 million−149.7%

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 E-Finance's statements, five yearsAsk the AI analyst about EFIH

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