E-finance For Digital And Financial Investments S.a.e. · EGX:EFIH
E-finance For Digital And Financial Investments S.a.e — H1 2023 Earnings Presentation
27 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, 2023
Slide 1: 1H2023 Earnings Presentation
1H2023 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 1H2023 Financial Highlights Consolidated Revenues e-finance Investment Group is Egypt’s leading technology focused investment management firm. From its beginnings as 26.4% 25.0% EGP 1,735.4 million the country’s first fintech platform in 2005, e- finance has grown to pi
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 efinance Digital Operations eCards eKhales 99% 89% 70% G2G G2G Own
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 Contract Based (Build & Operate Revenues) e-finance provides develops and manages automated solutions for clients under contract Transaction Based (Variable & Fixed TRX)* Payment processing activities split into variable-fee tr
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 18 531k 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 1H2023
Consolidated Financial Performance in 1H2023 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) Gross Profit Margin The Group’s consolidated revenues grew by 37.5% y- 39% o-y to EGP 1,735.4 million in 1H2023 driven by solid 2,644 2000 2019 – 2022 55% 54% top-line expansion across e-fin
Slide 10: Bottom-Line Strength Despite Elevated Effective Tax
Bottom-Line Strength Despite Elevated Effective Tax Net Profit After Tax Progression (EGP mn) Taxes on dividends from subsidiaries and 759 EGP 51 mn associates 726 EGP 21 mn Deferred tax Earnings Before Interest and Tax Net Profit After Tax (Before NCI) The period’s solid bottom-line increase came d
Slide 11: Cost Base Analysis
Cost Base Analysis Key Highlights Meanwhile, selling & marketing expenses almost Cost of sales increased by 39.2% y-o-y driven by Sales, general and administrative (SG&A) expenses halved y-o-y owing to the high base effect of a rising inflationary pressures mainly due to the rose by 4.0% y-o-y to EG
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 for Digital Operations recorded a 42.3% y-o-y increase in revenue to EGP 1,574.6 million in 1H2023. Growth was driven by a strong 91.9% y-o-y incre
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) 0.8 1.0 1.3 1.4 1.3 1.9 5% 2019 – 2022 447 CAGR 443 391 382 346 354 309 250 246 Revenues from fixed-fee transactions 203 increased by 21.1%
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) 59% 2019 – 2022 CAGR 376 Revenue at eCards rose 69.0% y-o-y to EGP 145.6 million in 1H2023 largely due to a significant increase in revenue from card management services and was further supported by higher revenues from c
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 18 >531K EGP c.1.5 bn 50 mn POS partners, and inter- operable d
Slide 19: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) 68% 2019 – 2022 CAGR 66 eKhales’ revenue expanded by 60.3% y-o-y to 57 EGP 36.2 million in 1H2023. Revenue growth was achieved on the back of higher ticket sizes coupled with a 32.3% y-o-y increase in the number of trans
Slide 20: e-nable
e-nable e-nable 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 Out
Slide 21: e-nable Operational Drivers & Revenues
e-nable Operational Drivers & Revenues e-nable Revenues (EGP mn) Customer Served 28% 2019 – 2022 55% CAGR 2019 – 2022 CAGR 86 59 52 54 53 54 55 40 41 26 32 23 2019 2020 2021 2022 1H22 1H23 2019 2020 2021 2022 1H22 1H23 Key Highlights e-nable was established in 2021 to e-nable has continued to expand
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) 2Q2023 2Q2022 Change 1H2023 1H2022 Change Total Consolidated Revenues 967.5 702.5 37.7% 1,735.4 1,262.0 37.5% e-finance Digital Operations 857.5 594.5 44.3% 1,574.6 1,106.4 42.3% eCards 83.6 23.3 259.8% 145.6 86.2 69.0% eKhales 20.4 12.5 63.2% 36.2 22.6 60.4% enable
Slide 25: Historical Summary Balance Sheet
Historical Summary Balance Sheet (EGP mn) FY2020 FY2021 FY2022 1H2023 Total Current Assets 1,472 4,282 4,977 5,083 Total Non-Current Assets 486 762 958 987 Total Assets 1,958 5,044 5,935 6,070 Total Current Liabilities 473 881 1,037 973 Total Non-Current Liabilities 221 219 267 314 Total Liabilities
Slide 26: Stock Information
Stock Information Stock Chart 25.0 12,000.0 Volume ('000) Price (EGP) 10,000.0 20.0 8,000.0 15.0 6,000.0 10.0 4,000.0 5.0 2,000.0 0.0 0.0 Jan-23 Jan-23 Feb-23 Mar-23 Mar-23 Apr-23 May-23 May-23 Jun-23 Share and Contact Information Ticker EFIH.CA on the EGX Date of Listing 20 October 2021 Number of S
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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