Telecom Egypt Company (EGX:ETEL)

Telecom Egypt Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	106,673	81,678	56,679	44,273	37,088
Revenue Growth (YoY)	30.60%	44.11%	28.02%	19.37%	16.22%
Cost of Revenue	61,834	51,185	34,290	26,485	22,095
Gross Profit	44,839	30,493	22,389	17,788	14,993
Selling, General & Admin	14,324	12,570	9,467	7,814	7,479
Other Operating Expenses	235.16	101.73	382.95	30.55	-218.73
Operating Expenses	15,285	13,116	10,123	8,324	7,305
Operating Income	29,554	17,377	12,266	9,464	7,688
Interest Expense	-12,827	-10,882	-4,354	-1,286	-963.18
Interest & Investment Income	721.12	549.5	662.52	340.74	77.23
Earnings From Equity Investments	14,828	8,663	5,280	2,695	3,150
Currency Exchange Gain (Loss)	1,013	-4,859	-	-168.31	380.5
Other Non Operating Income (Expenses)	-866.9	-566.85	-217.15	-349.91	-81.09
EBT Excluding Unusual Items	32,422	10,282	13,638	10,695	10,251
Gain (Loss) on Sale of Assets	-1,314	-20.39	-	-40.34	-78.5
Asset Writedown	-197.61	-	-	-	-
Pretax Income	30,911	10,261	13,638	10,655	10,173
Income Tax Expense	8,569	383.33	1,917	1,467	2,705
Earnings From Continuing Operations	22,342	9,878	11,721	9,187	7,467
Earnings From Discontinued Operations	236.5	233.51	-	-	-
Net Income to Company	22,578	10,111	11,721	9,187	7,467
Minority Interest in Earnings	-23.43	-13.19	-7.45	-5.27	-2.78
Net Income	22,555	10,098	11,713	9,182	7,465
Preferred Dividends & Other Adjustments	2,184	1,929	1,732	1,305	-
Net Income to Common	20,371	8,170	9,981	7,877	7,465
Net Income Growth	123.35%	-13.79%	27.56%	23.01%	53.91%
Shares Outstanding (Basic)	1,707	1,707	1,707	1,707	1,707
Shares Outstanding (Diluted)	1,707	1,707	1,707	1,707	1,707
EPS (Basic)	11.93	4.79	5.85	4.61	4.37
EPS (Diluted)	11.93	4.79	5.85	4.61	4.37
EPS Growth	149.35%	-18.15%	26.71%	5.59%	88.90%
Free Cash Flow	9,845	-7,426	-6,652	845.62	4,818
Free Cash Flow Per Share	5.77	-4.35	-3.90	0.49	2.82
Dividend Per Share	-	1.500	1.500	1.250	1.000
Dividend Growth	-	-	20.00%	25.00%	33.33%
Gross Margin	42.03%	37.33%	39.50%	40.18%	40.43%
Operating Margin	27.71%	21.27%	21.64%	21.38%	20.73%
Profit Margin	19.10%	10.00%	17.61%	17.79%	20.13%
Free Cash Flow Margin	9.23%	-9.09%	-11.74%	1.91%	12.99%
EBITDA	46,416	31,857	22,055	16,855	12,811
EBITDA Margin	43.51%	39.00%	38.91%	38.07%	34.54%
D&A For EBITDA	16,863	14,480	9,789	7,391	5,123
EBIT	29,554	17,377	12,266	9,464	7,688
EBIT Margin	27.71%	21.27%	21.64%	21.38%	20.73%
Effective Tax Rate	27.72%	3.74%	14.06%	13.77%	26.59%
Advertising Expenses	-	-	-	-	796.76

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.