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E-Finance results, Q2 2023

Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.

Net profit436 millionEGP · +56.2% vs the same period a year earlier
Total assets6.07 billionEGP · +14.2% vs the same period a year earlier
Shareholders' equity4.78 billionEGP · +14.8% vs the same period a year earlier
Operating cash flow-19.69 millionEGP · −119.3% vs the same period a year earlier

In short

  • E-Finance's net profit for Q2 2023 was about 436 million EGP, up +56.2% from 279 million EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 6.07 billion EGP, and shareholders' equity about 4.78 billion EGP.
  • Operating cash flow for Q2 2023 was negative at 19.69 million EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit436 million279 million+56.2%
Gross profit567 million428 million+32.3%
Total assets6.07 billion5.32 billion+14.2%
Total liabilities1.29 billion1.15 billion+11.8%
Shareholders' equity4.78 billion4.17 billion+14.8%
Total liabilities and equity6.07 billion5.32 billion+14.2%
Operating cash flow-19.69 million102 million−119.3%
Investing cash flow1.13 billion-811 million+239.0%
Financing cash flow-435 million-248 million−74.9%
Net change in cash672 million-957 million+170.2%

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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