Al Ahly for Development & Investment (EGX: AFDI)

AFDI Income Statement

Financials in millions EGP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	24.21	21.2	19.12	19.04	19.26	29.27
Other Revenue	141.1	100.5	55.49	44.12	58.13	100.16
Revenue	165.31	121.71	74.61	63.17	77.4	129.43
Revenue Growth (YoY)	115.19%	63.11%	18.13%	-18.39%	-40.20%	-7.44%
Cost of Revenue	3.11	2.89	7.84	-	-	-
Gross Profit	162.2	118.82	66.77	63.17	77.4	129.43
Selling, General & Admin	39.38	36.03	33.26	29.23	27.24	24.42
Other Operating Expenses	7.2	7.2	11.12	1.2	1.2	3.4
Operating Expenses	52.65	47.64	47.81	41.75	28.62	28.07
Operating Income	109.54	71.17	18.96	21.41	48.77	101.36
Interest Expense	-65.58	-41.31	-21.96	-17.77	-38.96	-73.24
Currency Exchange Gain (Loss)	40.71	8.74	13.53	-0.01	-0.33	-1.25
Other Non Operating Income (Expenses)	-5.04	-1.17	2.25	11.5	-	-3.96
EBT Excluding Unusual Items	79.63	37.44	12.79	15.14	9.48	22.92
Gain (Loss) on Sale of Investments	1.24	-	-2.7	-0.07	-	-
Gain (Loss) on Sale of Assets	0.14	0.02	3.21	0.03	0.1	0
Pretax Income	81	37.45	13.3	15.11	9.59	22.92
Income Tax Expense	15.1	19.59	8.77	4.51	5.83	7.94
Earnings From Continuing Operations	65.9	17.87	4.54	10.6	3.76	14.98
Minority Interest in Earnings	-0.63	-0.23	0.54	-0.16	0.52	-0.11
Net Income	65.27	17.63	5.08	10.44	4.28	14.87
Net Income to Common	65.27	17.63	5.08	10.44	4.28	14.87
Net Income Growth	326.01%	247.03%	-51.35%	144.14%	-71.23%	82.51%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
EPS (Basic)	3.63	0.98	0.28	0.58	0.24	0.83
EPS (Diluted)	3.63	0.98	0.28	0.58	0.24	0.83
EPS Growth	326.01%	247.03%	-51.35%	144.14%	-71.23%	82.51%
Free Cash Flow	-200.26	-62.17	-349.99	16.28	-380.74	38.83
Free Cash Flow Per Share	-11.13	-3.45	-19.44	0.90	-21.15	2.16
Gross Margin	98.12%	97.63%	89.49%	100.00%	100.00%	100.00%
Operating Margin	66.27%	58.48%	25.41%	33.90%	63.02%	78.31%
Profit Margin	39.49%	14.49%	6.81%	16.53%	5.53%	11.49%
Free Cash Flow Margin	-121.15%	-51.09%	-469.07%	25.77%	-491.94%	30.00%
EBITDA	110.19	71.83	20.97	21.69	49.04	101.61
EBITDA Margin	66.66%	59.02%	28.10%	34.34%	63.37%	78.50%
D&A For EBITDA	0.65	0.66	2.01	0.28	0.27	0.25
EBIT	109.54	71.17	18.96	21.41	48.77	101.36
EBIT Margin	66.27%	58.48%	25.41%	33.90%	63.02%	78.31%
Effective Tax Rate	18.64%	52.30%	65.89%	29.84%	60.81%	34.63%
Revenue as Reported	217.56	134.8	93.69	74.7	77.5	129.43

Source: S&P Capital IQ. Standard template. Financial Sources.