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Vertika 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 profit601 thousandEGP · −41.8% vs the same period a year earlier
Total assets12.96 millionEGP · +18.0% vs the same period a year earlier
Shareholders' equity6.1 millionEGP · +7.6% vs the same period a year earlier
Operating cash flow-1.57 millionEGP · −167.5% vs the same period a year earlier

In short

  • Vertika's net profit for Q2 2024 was about 601 thousand EGP, down −41.8% from 1.03 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 12.96 million EGP, and shareholders' equity about 6.1 million EGP.
  • Operating cash flow for Q2 2024 was negative at 1.57 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit601 thousand1.03 million−41.8%
Gross profit789 thousand4.45 million−82.3%
Total assets12.96 million10.98 million+18.0%
Total liabilities6.87 million5.32 million+29.1%
Shareholders' equity6.1 million5.66 million+7.6%
Total liabilities and equity12.96 million10.98 million+18.0%
Operating cash flow-1.57 million2.32 million−167.5%
Investing cash flow-4.35 thousand-163 thousand+97.3%
Financing cash flow-2.1 million-2.25 million+6.7%
Net change in cash-42 thousand-87.53 thousand+52.0%

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.

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

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