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MTI 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 profit1.06 billionEGP · +52.0% vs the same period a year earlier
Total assets6.13 billionEGP · +37.9% vs the same period a year earlier
Shareholders' equity3.95 billionEGP · +32.9% vs the same period a year earlier
Operating cash flow-8.37 millionEGP · −103.6% vs the same period a year earlier

In short

  • MTI's net profit for Q2 2024 was about 1.06 billion EGP, up +52.0% from 699 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 6.13 billion EGP, and shareholders' equity about 3.95 billion EGP.
  • Operating cash flow for Q2 2024 was negative at 8.37 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit1.06 billion699 million+52.0%
Gross profit1.77 billion1.25 billion+42.0%
Total assets6.13 billion4.45 billion+37.9%
Total liabilities2.18 billion1.47 billion+47.8%
Shareholders' equity3.95 billion2.98 billion+32.9%
Total liabilities and equity6.13 billion4.45 billion+37.9%
Operating cash flow-8.37 million234 million−103.6%
Investing cash flow420 million-263 million+259.8%
Financing cash flow-278 million37.6 million−838.1%
Net change in cash134 million33.53 million+300.9%

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.

Official report (PDF)All of MTI's statements, five yearsAsk the AI analyst about MTIE

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