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Remco results, Fiscal year 2024

Net profit, assets, equity and cash flow for Fiscal year 2024, against the same period a year earlier, from the published financial statements.

Net profit2.81 billionEGP · +253.4% vs the same period a year earlier
Total assets16.14 billionEGP · +65.9% vs the same period a year earlier
Shareholders' equity3.62 billionEGP · +138.0% vs the same period a year earlier
Operating cash flow848 millionEGP · +4.4% vs the same period a year earlier

In short

  • Remco's net profit for Fiscal year 2024 was about 2.81 billion EGP, up +253.4% from -1.83 billion EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 16.14 billion EGP, and shareholders' equity about 3.62 billion EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 848 million EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit2.81 billion-1.83 billion+253.4%
Gross profit2.41 billion-357 million+775.9%
Total assets16.14 billion9.73 billion+65.9%
Total liabilities12.52 billion8.21 billion+52.5%
Shareholders' equity3.62 billion1.52 billion+138.0%
Total liabilities and equity16.14 billion9.73 billion+65.9%
Operating cash flow848 million813 million+4.4%
Investing cash flow210 million-288 million+173.1%
Financing cash flow-1.03 billion-110 million−840.2%
Net change in cash27.81 million-23.78 million+216.9%

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.

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

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