e-finance for Digital and Financial Investments S.A.E. (EGX: EFIH)

EFIH 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
Revenue	4,577	3,899	2,644	1,963	1,232	983.98
Revenue Growth (YoY)	31.87%	47.45%	34.67%	59.32%	25.24%	34.22%
Cost of Revenue	2,156	1,794	1,289	1,045	641.27	546.2
Gross Profit	2,421	2,105	1,355	918.4	591.07	437.78
Selling, General & Admin	564.86	416.2	325.18	236.79	164.81	130.92
Other Operating Expenses	7.59	11.09	0.18	-21.93	-1.14	-2.12
Operating Expenses	996.29	878.24	491.17	238.82	177.03	128.8
Operating Income	1,425	1,227	863.6	679.57	414.03	308.98
Interest Expense	-90.07	-26.66	-15.59	-13.99	-10.78	-7.79
Interest & Investment Income	826.27	631.82	366.86	72.85	53.89	38.46
Earnings From Equity Investments	34.43	51.77	19.88	1.85	-	-
Currency Exchange Gain (Loss)	-32.8	-35.9	-32.63	0.73	0.17	7.87
EBT Excluding Unusual Items	2,163	1,848	1,202	741	457.31	347.51
Gain (Loss) on Sale of Assets	1.28	1.28	0.04	-1.72	-0.39	0.05
Other Unusual Items	0.66	0.66	2.62	2.79	-	-
Pretax Income	2,165	1,850	1,205	742.08	456.92	347.56
Income Tax Expense	627.48	582.78	395.05	222.29	104.61	76.98
Earnings From Continuing Operations	1,537	1,267	809.73	519.78	352.31	270.58
Minority Interest in Earnings	-33.4	-9.3	-5.81	-0.05	1.58	0.59
Net Income	1,504	1,258	803.92	519.74	353.89	271.17
Preferred Dividends & Other Adjustments	232.95	148.26	90.38	33.69	76.81	71.17
Net Income to Common	1,271	1,109	713.55	486.05	277.07	200
Net Income Growth	18.52%	56.45%	54.68%	46.87%	30.50%	53.76%
Shares Outstanding (Basic)	2,276	2,252	2,225	2,037	2,000	1,283
Shares Outstanding (Diluted)	2,276	2,252	2,225	2,037	2,000	1,283
Shares Change (YoY)	1.59%	1.21%	9.24%	1.85%	55.90%	48.94%
EPS (Basic)	0.56	0.49	0.32	0.24	0.14	0.16
EPS (Diluted)	0.56	0.49	0.32	0.24	0.14	0.16
EPS Growth	6.23%	53.62%	34.39%	72.23%	-11.14%	-3.68%
Free Cash Flow	751.59	479.84	674.67	73.66	302.39	202.82
Free Cash Flow Per Share	0.33	0.21	0.30	0.04	0.15	0.16
Dividend Per Share	0.150	0.292	0.180	0.080	-	-
Dividend Growth	-53.37%	62.10%	125.25%	-	-	-
Gross Margin	52.90%	53.99%	51.24%	46.78%	47.96%	44.49%
Operating Margin	31.13%	31.47%	32.66%	34.61%	33.60%	31.40%
Profit Margin	27.77%	28.46%	26.99%	24.76%	22.48%	20.33%
Free Cash Flow Margin	16.42%	12.31%	25.52%	3.75%	24.54%	20.61%
EBITDA	1,595	1,342	927.13	724.2	447.58	342.64
EBITDA Margin	34.85%	34.43%	35.07%	36.89%	36.32%	34.82%
D&A For EBITDA	169.98	115.29	63.53	44.62	33.55	33.66
EBIT	1,425	1,227	863.6	679.57	414.03	308.98
EBIT Margin	31.13%	31.47%	32.66%	34.61%	33.60%	31.40%
Effective Tax Rate	28.99%	31.51%	32.79%	29.96%	22.89%	22.15%
Advertising Expenses	-	9.93	30.47	7	2.26	3.22

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