Madinet Masr For Housing and Development (EGX:MASR)

EGX:MASR Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,947	8,461	8,113	5,336	2,230	3,097
Revenue	7,947	8,461	8,113	5,336	2,230	3,097
Revenue Growth (YoY)	-21.63%	4.28%	52.04%	139.25%	-27.98%	40.73%
Cost of Revenue	2,948	2,715	3,031	3,347	1,480	1,383
Gross Profit	4,999	5,745	5,082	1,989	750.68	1,714
Selling, General & Admin	1,923	2,019	1,883	762.61	394.13	410.03
Other Operating Expenses	-117.35	6.92	110.56	-0.29	-73.92	31.55
Operating Expenses	1,699	1,923	2,023	707.53	270.08	447.99
Operating Income	3,301	3,822	3,059	1,282	480.6	1,266
Interest Expense	-604.07	-584.07	-445.01	-478.34	-228.88	-128.29
Interest & Investment Income	584.48	519.04	172.89	136.44	89.75	109.38
Currency Exchange Gain (Loss)	22.08	22.08	2.05	3.73	0.38	-0.14
Other Non Operating Income (Expenses)	-50.03	-47.52	-25.64	-14.2	-7.3	-4.39
EBT Excluding Unusual Items	3,253	3,732	2,764	929.41	334.54	1,242
Gain (Loss) on Sale of Investments	19.63	19.85	1.16	0.48	0.28	18.15
Gain (Loss) on Sale of Assets	116.7	116.7	-	-0.03	2.14	-8.07
Other Unusual Items	-	-	-	-	-	-17.69
Pretax Income	3,389	3,868	2,765	929.86	336.96	1,235
Income Tax Expense	826.97	921.61	630.21	203.57	53.66	246.22
Earnings From Continuing Operations	2,562	2,947	2,135	726.29	283.29	988.39
Minority Interest in Earnings	-33.09	-32.44	-6.62	10.45	-0.46	12.84
Net Income	2,529	2,914	2,128	736.74	282.84	1,001
Preferred Dividends & Other Adjustments	378.99	378.99	277.04	125.46	40.22	116.41
Net Income to Common	2,150	2,535	1,851	611.28	242.62	884.83
Net Income Growth	-15.76%	36.94%	188.85%	160.48%	-71.75%	2.07%
Shares Outstanding (Basic)	2,135	2,135	2,135	2,041	1,753	1,702
Shares Outstanding (Diluted)	2,135	2,135	2,135	2,041	1,753	1,702
Shares Change (YoY)	0.55%	-	4.60%	16.46%	2.96%	-0.34%
EPS (Basic)	1.01	1.19	0.87	0.30	0.14	0.52
EPS (Diluted)	1.01	1.19	0.87	0.30	0.14	0.52
EPS Growth	-18.02%	36.96%	189.50%	116.33%	-73.37%	1.41%
Free Cash Flow	-	1,226	2,030	1,015	-270.39	-970.33
Free Cash Flow Per Share	-	0.57	0.95	0.50	-0.15	-0.57
Dividend Per Share	0.250	0.250	0.200	0.147	-	0.379
Dividend Growth	25.00%	25.00%	35.59%	-	-	-
Gross Margin	62.91%	67.91%	62.64%	37.28%	33.66%	55.34%
Operating Margin	41.53%	45.17%	37.71%	24.02%	21.55%	40.87%
Profit Margin	27.06%	29.96%	22.81%	11.46%	10.88%	28.57%
Free Cash Flow Margin	-	14.49%	25.02%	19.02%	-12.12%	-31.33%
EBITDA	3,315	3,836	3,061	1,302	503.28	1,285
EBITDA Margin	41.72%	45.34%	37.72%	24.39%	22.56%	41.50%
D&A For EBITDA	14.9	14.32	1.18	19.77	22.68	19.7
EBIT	3,301	3,822	3,059	1,282	480.6	1,266
EBIT Margin	41.53%	45.17%	37.71%	24.02%	21.55%	40.87%
Effective Tax Rate	24.40%	23.82%	22.79%	21.89%	15.93%	19.94%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.