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IBC 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 profit1.68 millionEGP · +156.5% vs the same period a year earlier
Total assets141 millionEGP · +147.6% vs the same period a year earlier
Shareholders' equity43.47 millionEGP · +3.9% vs the same period a year earlier
Operating cash flow-10.67 millionEGP · −212.8% vs the same period a year earlier

In short

  • IBC's net profit for Q2 2024 was about 1.68 million EGP, up +156.5% from 656 thousand EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 141 million EGP, and shareholders' equity about 43.47 million EGP.
  • Operating cash flow for Q2 2024 was negative at 10.67 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit1.68 million656 thousand+156.5%
Gross profit8.49 million4.28 million+98.5%
Total assets141 million56.9 million+147.6%
Total liabilities97.44 million15.06 million+546.9%
Shareholders' equity43.47 million41.84 million+3.9%
Total liabilities and equity141 million56.9 million+147.6%
Operating cash flow-10.67 million-3.41 million−212.8%
Investing cash flow-1.69 million17.56 thousand−9741.8%
Financing cash flow12.56 million1.83 million+584.8%
Net change in cash200 thousand-1.56 million+112.9%

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 IBC's statements, five yearsAsk the AI analyst about IBCT

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