Raya Holding Company for Financial Investments (S.A.E) (EGX:RAYA)
Egypt · Delayed Price · Currency is EGP 5.62
-0.24 (-4.10%)
At close: Oct 22, 2026
EGX:RAYA Cash Flow Statement
Financials in millions EGP. Fiscal year is January - December.
Millions EGP. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 2,435 | 2,588 | 1,689 | 441.36 | 347.31 | 487.34 |
Depreciation & Amortization | 988.14 | 957.17 | 668.65 | 570.05 | 424.6 | 398.95 |
Loss (Gain) From Sale of Assets | -93.01 | -70.51 | -220.38 | -6.56 | -0.57 | -8.11 |
Loss (Gain) From Sale of Investments | -450.51 | - | - | - | - | - |
Loss (Gain) on Equity Investments | -114.58 | -132.38 | -116.19 | -51.58 | -25.29 | -5.46 |
Stock-Based Compensation | - | - | - | - | - | 6.58 |
Provision & Write-off of Bad Debts | 1,252 | 778.7 | 652.51 | 510.76 | 174.64 | 86.05 |
Other Operating Activities | 2,158 | 2,822 | 2,104 | 1,259 | 452.56 | 273.89 |
Change in Accounts Receivable | -7,067 | -7,731 | -5,792 | -805.27 | -4,004 | -2,254 |
Change in Inventory | 163.05 | -1,730 | -1,563 | -706.02 | -110.72 | -815.37 |
Change in Accounts Payable | 3,305 | 2,721 | 4,290 | 1,487 | 842.56 | 648.36 |
Change in Other Net Operating Assets | -433.27 | -1,558 | 1,407 | 16.2 | 2,834 | 602.48 |
Operating Cash Flow | 2,143 | -1,354 | 3,119 | 2,715 | 934.91 | -579.07 |
Operating Cash Flow Growth | - | - | 14.89% | 190.40% | - | - |
Investing Activities
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 |
Capital Expenditures | -1,086 | -1,523 | -1,024 | -586.5 | -638.02 | - |
Sale of Property, Plant & Equipment | 74.21 | 74.21 | 216.72 | 10.19 | - | - |
Investment in Securities | -7.51 | 1.99 | -4.77 | -0.49 | -5.15 | - |
Other Investing Activities | -25.19 | -25.86 | -5.78 | 53.34 | -55.19 | - |
Investing Cash Flow | -1,045 | -1,473 | -817.87 | -523.46 | -698.36 | - |
Financing Activities
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 |
Short-Term Debt Issued | - | 3,155 | - | 945.88 | 311.05 | 608.74 |
Long-Term Debt Issued | - | 3,309 | 1,759 | 964.31 | 1,505 | 465.97 |
Total Debt Issued | 7,478 | 6,464 | 1,759 | 1,910 | 1,816 | 1,075 |
Short-Term Debt Repaid | - | - | -151.33 | - | - | - |
Long-Term Debt Repaid | - | -1,847 | -1,375 | -1,251 | -1,072 | -387.17 |
Total Debt Repaid | -3,711 | -1,847 | -1,526 | -1,251 | -1,072 | -387.17 |
Net Debt Issued (Repaid) | 3,767 | 4,617 | 232.23 | 659.57 | 744.2 | 687.55 |
Repurchase of Common Stock | -40.49 | - | - | - | - | - |
Common Dividends Paid | -202.91 | -202.91 | - | -86.27 | -136.95 | -143.29 |
Other Financing Activities | -1,155 | -1,188 | -1,806 | -931.33 | -610.45 | -239.45 |
Financing Cash Flow | 2,369 | 3,226 | -1,573 | -358.03 | -3.2 | 304.82 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 32.3 | -49.81 | 60.42 | 74.18 | 10.46 | -3.05 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | - | 226.81 |
Net Cash Flow | 3,500 | 348.88 | 788.24 | 1,908 | 243.81 | -50.48 |
Free Cash Flow
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 | 1,057 | -2,878 | 2,095 | 2,128 | 296.89 | -579.07 |
Free Cash Flow Growth | - | - | -1.57% | 616.92% | - | - |
Free Cash Flow Margin | 1.51% | -4.51% | 4.64% | 6.80% | 1.45% | -3.44% |
Free Cash Flow Per Share | - | -0.67 | 0.49 | 0.50 | - | - |
Levered Free Cash Flow | -1,023 | -5,417 | -2,799 | -1,265 | -2,834 | -1,271 |
Unlevered Free Cash Flow | 430.25 | -3,937 | -1,742 | -554.11 | -2,427 | -1,019 |
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 |
Cash Interest Paid | 2,369 | 2,369 | 1,690 | 1,138 | 651.08 | - |
Cash Income Tax Paid | 822.75 | 822.75 | 403.96 | 352.25 | 363.12 | 255.59 |
Change in Working Capital | -4,033 | -8,298 | -1,658 | -7.87 | -438.35 | -1,818 |