The Egyptian Modern Education Systems 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. fiscal year starts in July.
Net profit3.44 millionEGP · +317.4% vs the same period a year earlier
Total assets194 millionEGP · +48.2% vs the same period a year earlier
Shareholders' equity123 millionEGP · +8.9% vs the same period a year earlier
Operating cash flow-2.15 millionEGP · −143.6% vs the same period a year earlier
In short
- The Egyptian Modern Education Systems's net profit for Q2 2024 was about 3.44 million EGP, up +317.4% from -1.58 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 194 million EGP, and shareholders' equity about 123 million EGP.
- Operating cash flow for Q2 2024 was negative at 2.15 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit3.44 million-1.58 million+317.4%
Gross profit8.07 million405 thousand+1891.5%
Total assets194 million131 million+48.2%
Total liabilities71.13 million18.05 million+294.0%
Shareholders' equity123 million113 million+8.9%
Total liabilities and equity194 million131 million+48.2%
Operating cash flow-2.15 million4.92 million−143.6%
Investing cash flow-1.2 million-3.25 million+63.0%
Financing cash flow-181 thousand-131 thousand−38.2%
Net change in cash-3.53 million1.54 million−329.0%
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.
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