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Fawry 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 profit307 millionEGP · +149.1% vs the same period a year earlier
Total assets8.98 billionEGP · +32.1% vs the same period a year earlier
Shareholders' equity3.76 billionEGP · +39.3% vs the same period a year earlier
Operating cash flow-342 millionEGP · −231.3% vs the same period a year earlier

In short

  • Fawry's net profit for Q1 2024 was about 307 million EGP, up +149.1% from 123 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 8.98 billion EGP, and shareholders' equity about 3.76 billion EGP.
  • Operating cash flow for Q1 2024 was negative at 342 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit307 million123 million+149.1%
Gross profit801 million481 million+66.6%
Total assets8.98 billion6.8 billion+32.1%
Total liabilities5.22 billion4.1 billion+27.3%
Shareholders' equity3.76 billion2.7 billion+39.3%
Total liabilities and equity8.98 billion6.8 billion+32.1%
Operating cash flow-342 million260 million−231.3%
Investing cash flow-129 million-528 million+75.6%
Financing cash flow126 million21.95 million+473.4%
Net change in cash-345 million-246 million−40.4%

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 Fawry's statements, five yearsAsk the AI analyst about FWRY

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