Al Ahly for Development & Investment (EGX: AFDI)

EGX: 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	25.45	21.2	19.12	19.04	19.26	29.27
Other Revenue	147.01	100.5	55.49	44.12	58.13	100.16
Revenue	172.46	121.71	74.61	63.17	77.4	129.43
Revenue Growth (YoY)	60.86%	63.11%	18.13%	-18.39%	-40.20%	-7.44%
Cost of Revenue	3.29	2.89	7.84	-	-	-
Gross Profit	169.17	118.82	66.77	63.17	77.4	129.43
Selling, General & Admin	42.6	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	55.17	47.64	47.81	41.75	28.62	28.07
Operating Income	114	71.17	18.96	21.41	48.77	101.36
Interest Expense	-71.75	-41.31	-21.96	-17.77	-38.96	-73.24
Currency Exchange Gain (Loss)	41.23	8.74	13.53	-0.01	-0.33	-1.25
Other Non Operating Income (Expenses)	-5.14	-1.17	2.25	11.5	-	-3.96
EBT Excluding Unusual Items	78.34	37.44	12.79	15.14	9.48	22.92
Gain (Loss) on Sale of Investments	0.59	-	-2.7	-0.07	-	-
Gain (Loss) on Sale of Assets	0.14	0.02	3.21	0.03	0.1	0
Pretax Income	79.07	37.45	13.3	15.11	9.59	22.92
Income Tax Expense	15.99	19.59	8.77	4.51	5.83	7.94
Earnings From Continuing Operations	63.09	17.87	4.54	10.6	3.76	14.98
Minority Interest in Earnings	-0.45	-0.23	0.54	-0.16	0.52	-0.11
Net Income	62.63	17.63	5.08	10.44	4.28	14.87
Net Income to Common	62.63	17.63	5.08	10.44	4.28	14.87
Net Income Growth	149.83%	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)	3.48	0.98	0.28	0.58	0.24	0.83
EPS (Diluted)	3.48	0.98	0.28	0.58	0.24	0.83
EPS Growth	149.83%	247.03%	-51.35%	144.14%	-71.23%	82.51%
Free Cash Flow	-102.93	-62.17	-349.99	16.28	-380.74	38.83
Free Cash Flow Per Share	-5.72	-3.45	-19.44	0.90	-21.15	2.16
Gross Margin	98.09%	97.63%	89.49%	100.00%	100.00%	100.00%
Operating Margin	66.10%	58.48%	25.41%	33.90%	63.02%	78.31%
Profit Margin	36.32%	14.49%	6.81%	16.53%	5.53%	11.49%
Free Cash Flow Margin	-59.68%	-51.09%	-469.07%	25.77%	-491.94%	30.00%
EBITDA	114.62	71.83	20.97	21.69	49.04	101.61
EBITDA Margin	66.46%	59.02%	28.10%	34.34%	63.37%	78.50%
D&A For EBITDA	0.62	0.66	2.01	0.28	0.27	0.25
EBIT	114	71.17	18.96	21.41	48.77	101.36
EBIT Margin	66.10%	58.48%	25.41%	33.90%	63.02%	78.31%
Effective Tax Rate	20.22%	52.30%	65.89%	29.84%	60.81%	34.63%
Revenue as Reported	225.47	134.8	93.69	74.7	77.5	129.43

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