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The Egyptian Modern Education Systems 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. fiscal year starts in July.

Net profit7.83 millionEGP · −6.2% vs the same period a year earlier
Total assets192 millionEGP · +51.8% vs the same period a year earlier
Shareholders' equity119 millionEGP · +4.3% vs the same period a year earlier
Operating cash flow6.4 millionEGP · +6.7% vs the same period a year earlier

In short

  • The Egyptian Modern Education Systems's net profit for Q1 2024 was about 7.83 million EGP, down −6.2% from 8.34 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 192 million EGP, and shareholders' equity about 119 million EGP.
  • Operating cash flow for Q1 2024 was positive at 6.4 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit7.83 million8.34 million−6.2%
Gross profit13.24 million13.54 million−2.2%
Total assets192 million127 million+51.8%
Total liabilities73 million12.33 million+491.9%
Shareholders' equity119 million114 million+4.3%
Total liabilities and equity192 million127 million+51.8%
Operating cash flow6.4 million6 million+6.7%
Investing cash flow-2.05 million——
Financing cash flow-133 thousand-603 thousand+77.9%
Net change in cash4.22 million5.4 million−21.8%

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 The Egyptian Modern Education Systems's statements, five yearsAsk the AI analyst about MOED

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