Fawry for Banking Technology and Electronic Payments S.A.E. (EGX: FWRY)

FWRY 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	4,800	3,272	2,279	1,658	1,235	884.14
Revenue Growth (YoY)	61.69%	43.55%	37.46%	34.31%	39.63%	45.02%
Cost of Revenue	1,746	1,260	947.62	738.64	574.71	428.46
Gross Profit	3,054	2,012	1,332	919.51	659.85	455.68
Selling, General & Admin	1,613	1,259	966.57	668.45	431.98	309.87
Other Operating Expenses	42.5	26.67	12.6	-8.95	-14.15	6.34
Operating Expenses	1,756	1,405	1,080	710.12	417.83	316.21
Operating Income	1,298	606.65	251.75	209.39	242.01	139.47
Interest Expense	-37.53	-26.76	-30.58	-29.04	-15.76	-7.78
Interest & Investment Income	623.46	464.41	211.07	126.77	67.11	55.48
Earnings From Equity Investments	2.95	-0.96	-3.61	-5.55	-4.68	-10.59
Currency Exchange Gain (Loss)	18.53	11.78	17.89	0.31	-0.07	-2.34
Other Non Operating Income (Expenses)	-13.45	-13.45	-11.54	-10.4	-0.06	-9.21
EBT Excluding Unusual Items	1,892	1,042	434.99	291.48	288.56	165.03
Gain (Loss) on Sale of Investments	42.02	32.78	0.98	22.8	-	-
Gain (Loss) on Sale of Assets	22.67	20.18	8.57	7.17	4.66	5.93
Pretax Income	1,957	1,095	444.54	321.44	293.21	170.96
Income Tax Expense	491.4	278.65	117.49	79.32	69.65	40.57
Earnings From Continuing Operations	1,465	815.97	327.06	242.12	223.56	130.39
Minority Interest in Earnings	-129.8	-100.63	-87	-64.94	-37.33	-27.49
Net Income	1,335	715.34	240.05	177.18	186.23	102.9
Preferred Dividends & Other Adjustments	97.73	97.73	28.45	19.27	22.44	13.29
Net Income to Common	1,238	617.6	211.61	157.91	163.79	89.61
Net Income Growth	121.62%	197.99%	35.49%	-4.86%	80.98%	81.67%
Shares Outstanding (Basic)	3,481	3,407	2,580	1,338	907	907
Shares Outstanding (Diluted)	3,481	3,407	2,616	1,339	907	907
Shares Change (YoY)	3.85%	30.23%	95.34%	47.59%	0.00%	60.13%
EPS (Basic)	0.36	0.18	0.08	0.12	0.18	0.10
EPS (Diluted)	0.36	0.18	0.08	0.12	0.18	0.10
EPS Growth	104.83%	125.00%	-32.19%	-34.45%	82.24%	-1.20%
Free Cash Flow	-308.14	1,587	972.26	378.71	342.83	83.06
Free Cash Flow Per Share	-0.09	0.47	0.37	0.28	0.38	0.09
Gross Margin	63.63%	61.49%	58.43%	55.45%	53.45%	51.54%
Operating Margin	27.04%	18.54%	11.05%	12.63%	19.60%	15.77%
Profit Margin	25.78%	18.88%	9.28%	9.52%	13.27%	10.14%
Free Cash Flow Margin	-6.42%	48.50%	42.66%	22.84%	27.77%	9.39%
EBITDA	1,491	798.94	395.26	312.4	310.6	191.94
EBITDA Margin	31.06%	24.42%	17.34%	18.84%	25.16%	21.71%
D&A For EBITDA	192.97	192.3	143.5	103.02	68.59	52.47
EBIT	1,298	606.65	251.75	209.39	242.01	139.47
EBIT Margin	27.04%	18.54%	11.04%	12.63%	19.60%	15.77%
Effective Tax Rate	25.12%	25.46%	26.43%	24.68%	23.75%	23.73%
Advertising Expenses	-	90.28	79.31	61.8	29.53	22.33

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