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Vertika results, Q2 2023

Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.

Net profit1.03 millionEGP · +50.4% vs the same period a year earlier
Total assets10.98 millionEGP · −17.0% vs the same period a year earlier
Shareholders' equity5.66 millionEGP · +15.4% vs the same period a year earlier
Operating cash flow2.32 millionEGP · −60.4% vs the same period a year earlier

In short

  • Vertika's net profit for Q2 2023 was about 1.03 million EGP, up +50.4% from 688 thousand EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 10.98 million EGP, and shareholders' equity about 5.66 million EGP.
  • Operating cash flow for Q2 2023 was positive at 2.32 million EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit1.03 million688 thousand+50.4%
Gross profit4.45 million4.76 million−6.5%
Total assets10.98 million13.24 million−17.0%
Total liabilities5.32 million8.33 million−36.1%
Shareholders' equity5.66 million4.91 million+15.4%
Total liabilities and equity10.98 million13.24 million−17.0%
Operating cash flow2.32 million5.86 million−60.4%
Investing cash flow-163 thousand-1.11 million+85.3%
Financing cash flow-2.25 million-4.73 million+52.4%
Net change in cash-87.53 thousand23.97 thousand−465.1%

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 Vertika's statements, five yearsAsk the AI analyst about VERT

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