E-finance For Digital And Financial Investments S.a.e. · EGX:EFIH
E-finance For Digital And Financial Investments S.a.e — e-finance for Digital and Financial Investments — H1 2024 Earnings Presentation
27 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, 2024
Slide 1: 1H2024 Earnings Presentation
1H2024 Earnings Presentation 1
Slide 2: Agenda
Agenda I e-finance Overview II Our Subsidiaries III Appendix 2
Slide 3: Overview
Overview finance Investment Group 3
Slide 4: Group Overview
Group Overview Group Synopsis 1H2024 Financial Highlights Consolidated Revenues e-finance Investment Group is Egypt’s leading technology focused investment management firm. From its beginnings as 25.54% 25.75% EGP 2,283.3 million the country’s first fintech platform in 2005, e- finance has grown to
Slide 5: A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries
A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries The Group commands a diversified portfolio of subsidiaries and investments offering a vast array of complementary digital services to partners and customers e-finance Digital Operations eCards eKhales 99% 89% 70% G2G G2G Ow
Slide 6: An Exciting Network of Associate Companies
An Exciting Network of Associate Companies e-finance deploys a network of six associate companies active in sectors across the Egyptian economy, including in revolutionizing the country’s tax system and digitizing national health insurance infrastructures in line with efforts to achieve universal co
Slide 7: Our Revenue Generation Model
Our Revenue Generation Model A wide array of revenue generating services Build & Operate Revenue e-finance provides develops and manages automated solutions for clients under contract Transaction Based (Variable & Fixed TRX)* Payment processing activities split into variable-fee transactions (take r
Slide 8: Leveraging our Expansive Reach and Strategic Partnerships
Leveraging our Expansive Reach and Strategic Partnerships Four Transaction Revenue Generating Channels Financial Institutions Network POS Network 39 >8k 21 576k Payment Service Commercial Banks Bank Branches POSs (Held By PSPs) Partners (PSPs) >4k 20k Post Offices Government POSs Corporate Payment S
Slide 9: Consolidated Financial Performance in 1H2024
Consolidated Financial Performance in 1H2024 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) The Group’s consolidated revenues witnessed a Gross Profit Margin 31.6% y-o-y increase in 1H2024 to EGP 2,283.3 47% 2020 – 2023 3,899 3500 55% million on the back of broad-based expansion ac
Slide 10: Bottom-Line Strength Despite Elevated Effective Tax
Bottom-Line Strength Despite Elevated Effective Tax Net Profit After Tax Progression (EGP mn) 1,093 EGP 10.5 mn Withholding tax on treasury bills 785 EGP 53.2 mn Accrued dividends’ tax on investments EGP 9.5 mn Factual tax on investments Earnings Before Tax Net Profit After Tax (Before NCI) The peri
Slide 11: Cost Base Analysis
Cost Base Analysis Key Highlights In parallel, selling and marketing expenses reached Cost of sales increased by 39.2% y-o-y driven Selling, General, and administrative (SG&A) c.EGP 26 million in 1H2024, increasing by around 33% by rising inflationary pressures mainly due to the expenses were up 57.
Slide 12: Our Subsidiaries
Our Subsidiaries finance Investment Group 12
Slide 13: e-finance for Digital Operations
e-finance for Digital Operations e-finance for Digital Operations (e-finance’s largest subsidiary) provides the Group with a unique position and infrastructure to capitalize on Egypt’s robustly growing digital transformation drive, building and operating Government digitization projects and acting a
Slide 14: e-finance for Digital Operations Drivers & Revenues (1/2)
e-finance for Digital Operations Drivers & Revenues (1/2) Key Highlights Transaction Based Revenues (EGP mn) Build & Operate Revenues (EGP mn) e-finance Digital Operations reported a top- 21% 2020 – 2023 line expansion of 32.0% y-o-y to EGP 2,078.8 CAGR million. Revenue growth came on the back of 36
Slide 15: e-finance for Digital Operations Drivers & Revenues (2/2)
e-finance for Digital Operations Drivers & Revenues (2/2) Key Highlights Fixed Fee Transactions (mn), Avg. Fee per Transaction (EGP) Fixed Fee Revenues (EGP mn) 1.0 1.3 1.4 2.2 1.9 2.3 10% 2020 – 2023 447 CAGR 511 443 346 382 354 250 237 2% 293 Y-o-Y 246 The rise in fixed-fee transactions was driven
Slide 16: eCards
eCards eCards is a pivotal player in Egypt’s growing digital payments sector, leading the digital transformation by building, managing and operating smart card solutions for financial and nonfinancial institutions, as well as enabling the development of smart solutions across sectors Product and Ser
Slide 17: eCards Operational Drivers & Revenues
eCards Operational Drivers & Revenues Key Highlights e-cards Revenues (EGP mn) 35% 2020 – 2023 CAGR 376 In 1H2024, eCards achieved a revenue increase of 23.9% y-o-y to EGP 180.5 million, with top-line growth coming on the back of broad-based expansion across card production revenue and card manageme
Slide 18: eKhales
eKhales Through eKhales, the Group has successfully tapped into Egypt’s thriving retail space, enabling users to execute all manner of bill payments, and creating value for a wide network of merchant partners Through its wide network of 21 >576K EGP c.2.0 bn 45 mn POS partners, and inter- operable d
Slide 19: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) 55% 2020 – 2023 CAGR 93 eKhales’ 1H2024 revenue increased by 79.7% y-o-y to EGP 65.1 million, driven by an 8.5% 66 65 y-o-y rise in the subsidiary’s POS terminal 57 network, as well as a 14.0% y-o-y increase in the numbe
Slide 20: enable
enable enable is a leading Business Processing Outsourcing (BPO) service provider, offering a suite of integrated telecommunications and contact center solutions, from HR and IT outsourcing to a full contact center, across local and international markets Service Offering 24/7 Contact Center HR Outso
Slide 21: enable Operational Drivers & Revenues
enable Operational Drivers & Revenues enable Revenues (EGP mn) Customers Served 12% 2020 – 2023 CAGR 55% 56 56 2020 – 2023 54 53 CAGR 120 52 40 86 54 55 54 32 2020 2021 2022 2023 1H2023 1H2024 2020 2021 2022 2023 1Q2023 1Q2024 Key Highlights enable was established in 2021 to enable has continued to
Slide 22: eAswaaq, the Group's multiplatform e-commerce operator
eAswaaq, the Group’s multiplatform e-commerce operator eAswaaq is a multi-platform e-commerce operator focused on marketplace solutions that automate and transform outdated practices to bring Egyptian markets into the digital age. Financing Platforms & Value-Added Solutions & Marketplaces Services S
Slide 23: Appendix
Appendix finance Investment Group 23
Slide 24: Summary Income Statement
Summary Income Statement (EGP mn) 2Q2024 2Q2023 Change 1H2024 1H2023 Change Total Consolidated Revenues 1,134.1 967.5 17.2% 2,283.3 1,735.4 31.6% e-finance Digital Operations 1,047.4 857.7 22.1% 2,078.8 1,574.6 32.0% eCards 76.7 83.6 -8.3% 180.5 145.6 23.9% eKhales 29.7 20.4 45.5% 65.1 36.2 79.7% en
Slide 25: Historical Summary Balance Sheet
Historical Summary Balance Sheet (EGP mn) FY2021 FY2022 FY2023 1H2024 Total Current Assets 4,282 4,977 5,466 5,793 Total Non-Current Assets 762 958 2,169 2,774 Total Assets 5,044 5,935 7,635 8,567 Total Current Liabilities 881 1,037 1,395 1,810 Total Non-Current Liabilities 219 267 640 561 Total Lia
Slide 26: Stock Information
Stock Information Stock Chart 30 18,000.0 Volume Price 16,000.0 25 14,000.0 20 12,000.0 10,000.0 15 8,000.0 10 6,000.0 4,000.0 5 2,000.0 0 0.0 1/2/2024 1/17/2024 2/1/2024 2/16/2024 3/2/2024 3/17/2024 4/1/2024 4/16/2024 5/1/2024 5/16/2024 5/31/2024 6/15/2024 6/30/2024 Share and Contact Information Ti
Slide 27: Thank You
Thank You INVESTOR RELATIONS CONTACTS Telephone: +202 3531 7430 E-mail: ir@efinance.com.eg www.efinanceinvestment.com 27
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