Telecom Egypt Company Income Statement

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

Millions EGP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	115,460	106,673	81,678	56,679	44,273	37,088
Revenue Growth	22.37%	30.60%	44.11%	28.02%	19.37%	16.22%
Cost of Revenue	66,114	61,834	51,185	34,290	26,485	22,095
Gross Profit	49,347	44,839	30,493	22,389	17,788	14,993
Selling, General & Admin	15,559	14,324	12,570	9,467	7,814	7,479
Other Operating Expenses	245.95	235.16	101.73	382.95	30.55	-218.73
Operating Expenses	15,956	15,285	13,116	10,123	8,324	7,305
Operating Income	33,391	29,554	17,377	12,266	9,464	7,688
Interest Expense	-12,890	-12,827	-10,882	-4,354	-1,286	-963.18
Interest & Investment Income	606.98	721.12	549.5	662.52	340.74	77.23
Earnings From Equity Investments	17,202	14,828	8,663	5,280	2,695	3,150
Currency Exchange Gain (Loss)	1,013	1,013	-4,859	-	-168.31	380.5
Other Non Operating Income (Expenses)	-866.9	-866.9	-566.85	-217.15	-349.91	-81.09
EBT Excluding Unusual Items	38,455	32,422	10,282	13,638	10,695	10,251
Gain (Loss) on Sale of Assets	-1,311	-1,314	-20.39	-	-40.34	-78.5
Asset Writedown	-197.61	-197.61	-	-	-	-
Pretax Income	36,947	30,911	10,261	13,638	10,655	10,173
Income Tax Expense	9,752	8,569	383.33	1,917	1,467	2,705
Earnings From Continuing Operations	27,195	22,342	9,878	11,721	9,187	7,467
Earnings From Discontinued Operations	272.52	236.5	233.51	-	-	-
Net Income to Company	27,467	22,578	10,111	11,721	9,187	7,467
Minority Interest in Earnings	-18.4	-23.43	-13.19	-7.45	-5.27	-2.78
Net Income	27,449	22,555	10,098	11,713	9,182	7,465
Preferred Dividends & Other Adjustments	2,184	2,184	1,929	1,732	1,305	-
Net Income to Common	25,265	20,371	8,170	9,981	7,877	7,465
Net Income Growth	107.68%	149.35%	-18.15%	26.71%	5.53%	89.02%
Shares Outstanding (Basic)	1,707	1,707	1,707	1,707	1,707	1,707
Shares Outstanding (Diluted)	1,707	1,707	1,707	1,707	1,707	1,707
Shares Change	-	-	-	-	-	-
EPS (Basic)	14.80	11.93	4.79	5.85	4.61	4.37
EPS (Diluted)	14.80	11.93	4.79	5.85	4.61	4.37
EPS Growth	107.68%	149.35%	-18.15%	26.71%	5.59%	88.90%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	10,523	9,845	-7,426	-6,652	845.62	4,818
Free Cash Flow Per Share	6.17	5.77	-4.35	-3.90	0.49	2.82
Dividend Per Share	-	-	1.500	1.500	1.250	1.000
Dividend Growth	-	-	0%	20.00%	25.00%	33.33%
Gross Margin	42.74%	42.03%	37.33%	39.50%	40.18%	40.43%
Operating Margin	28.92%	27.71%	21.27%	21.64%	21.38%	20.73%
Profit Margin	21.88%	19.10%	10.00%	17.61%	17.79%	20.13%
Free Cash Flow Margin	9.11%	9.23%	-9.09%	-11.74%	1.91%	12.99%
EBITDA	51,197	46,416	31,857	22,055	16,855	12,811
EBITDA Margin	44.34%	43.51%	39.00%	38.91%	38.07%	34.54%
D&A For EBITDA	17,806	16,863	14,480	9,789	7,391	5,123
EBIT	33,391	29,554	17,377	12,266	9,464	7,688
EBIT Margin	28.92%	27.71%	21.27%	21.64%	21.38%	20.73%
Effective Tax Rate	26.40%	27.72%	3.74%	14.06%	13.77%	26.59%
Advertising Expenses	-	-	-	-	-	796.76