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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,446	3,899	2,644	1,963	1,232	983.98
Revenue Growth (YoY)	42.63%	47.45%	34.67%	59.32%	25.24%	34.22%
Cost of Revenue	2,112	1,794	1,289	1,045	641.27	546.2
Gross Profit	2,334	2,105	1,355	918.4	591.07	437.78
Selling, General & Admin	513.88	416.2	325.18	236.79	164.81	130.92
Other Operating Expenses	8.93	11.09	0.18	-21.93	-1.14	-2.12
Operating Expenses	1,013	878.24	491.17	238.82	177.03	128.8
Operating Income	1,321	1,227	863.6	679.57	414.03	308.98
Interest Expense	-61.89	-26.66	-15.59	-13.99	-10.78	-7.79
Interest & Investment Income	638.8	631.82	366.86	72.85	53.89	38.46
Earnings From Equity Investments	52.59	51.77	19.88	1.85	-	-
Currency Exchange Gain (Loss)	-23.66	-35.9	-32.63	0.73	0.17	7.87
EBT Excluding Unusual Items	1,927	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	1,929	1,850	1,205	742.08	456.92	347.56
Income Tax Expense	603.47	582.78	395.05	222.29	104.61	76.98
Earnings From Continuing Operations	1,325	1,267	809.73	519.78	352.31	270.58
Minority Interest in Earnings	-23.45	-9.3	-5.81	-0.05	1.58	0.59
Net Income	1,302	1,258	803.92	519.74	353.89	271.17
Preferred Dividends & Other Adjustments	245.53	148.26	90.38	33.69	76.81	71.17
Net Income to Common	1,056	1,109	713.55	486.05	277.07	200
Net Income Growth	24.88%	56.45%	54.68%	46.87%	30.50%	53.76%
Shares Outstanding (Basic)	2,262	2,252	2,225	2,037	2,000	1,283
Shares Outstanding (Diluted)	2,262	2,252	2,225	2,037	2,000	1,283
Shares Change (YoY)	0.87%	1.21%	9.24%	1.85%	55.90%	48.94%
EPS (Basic)	0.47	0.49	0.32	0.24	0.14	0.16
EPS (Diluted)	0.47	0.49	0.32	0.24	0.14	0.16
EPS Growth	5.77%	53.62%	34.39%	72.23%	-11.14%	-3.68%
Free Cash Flow	218.4	479.84	674.67	73.66	302.39	202.82
Free Cash Flow Per Share	0.10	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	52.49%	53.99%	51.24%	46.78%	47.96%	44.49%
Operating Margin	29.71%	31.47%	32.66%	34.61%	33.60%	31.40%
Profit Margin	23.76%	28.46%	26.99%	24.76%	22.48%	20.33%
Free Cash Flow Margin	4.91%	12.31%	25.52%	3.75%	24.54%	20.61%
EBITDA	1,481	1,342	927.13	724.2	447.58	342.64
EBITDA Margin	33.30%	34.43%	35.07%	36.89%	36.32%	34.82%
D&A For EBITDA	159.54	115.29	63.53	44.62	33.55	33.66
EBIT	1,321	1,227	863.6	679.57	414.03	308.98
EBIT Margin	29.71%	31.47%	32.66%	34.61%	33.60%	31.40%
Effective Tax Rate	31.28%	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.