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E-Finance 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 profit300 millionEGP · −31.2% vs the same period a year earlier
Total assets8.57 billionEGP · +41.1% vs the same period a year earlier
Shareholders' equity6.2 billionEGP · +29.5% vs the same period a year earlier
Operating cash flow24 millionEGP · +221.9% vs the same period a year earlier

In short

  • E-Finance's net profit for Q2 2024 was about 300 million EGP, down −31.2% from 436 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 8.57 billion EGP, and shareholders' equity about 6.2 billion EGP.
  • Operating cash flow for Q2 2024 was positive at 24 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit300 million436 million−31.2%
Gross profit554 million567 million−2.2%
Total assets8.57 billion6.07 billion+41.1%
Total liabilities2.37 billion1.29 billion+84.3%
Shareholders' equity6.2 billion4.78 billion+29.5%
Total liabilities and equity8.57 billion6.07 billion+41.1%
Operating cash flow24 million-19.69 million+221.9%
Investing cash flow65.87 million1.13 billion−94.2%
Financing cash flow-91.71 million-435 million+78.9%
Net change in cash-1.84 million672 million−100.3%

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.

Official report (PDF)All of E-Finance's statements, five yearsAsk the AI analyst about EFIH

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