Fawry For Banking Technology And Electronic Payment · EGX:FWRY

Fawry For Banking Technology And Electronic Payment — Q2 2025 Earnings Presentation

24 slides from Fawry For Banking Technology And Electronic Payment's earnings presentation, Aug 19, 2025

  1. Slide 1: 2Q 2025 Earnings Call

    2Q 2025 Earnings Call August 19, 2025 1

  2. Slide 2: Disclaimer

    Disclaimer The information contained in this document is proprietary and confidential to Fawry For Banking Technology And Electronic Payment S.A.E (“Fawry”). You must only use such information for the purposes of discussions with Fawry and you must hold such information in strict confidence and not

  3. Slide 3: Agenda

    AGENDA 2Q 2025 Financial results 01 Dive into 2Q 2025 payments business figures 02 Dive into 2Q 2025 financial services figures 03 Digital growth 04 3

  4. Slide 4: 2Q 2025 Financial Results Highlights

    2Q 2025 Financial Results Highlights 4

  5. Slide 5: Financial KPIs

    Financial KPIs • Revenue growth came at 63% y-o-y, higher than that of 2Q 24 63% • Acceptance business throughput more than doubled to reach EGP 67.1 billion in 2Q 25 Y-o-Y revenue growth for 2Q25 • Total loan portfolio exceeded EGP 3.8bn, 2.2x that of 2Q 24 56.5% • GP followed the revenue performan

  6. Slide 6: Quarterly throughput almost reaches EGP 200 billion, revenue up 63% y-o-y

    Quarterly throughput almost reaches EGP 200 billion, up 53% y-o-y, with revenue almost reaching EGP 2 billion, 63% up vs. last year Throughput (EGP bn) Revenue (EGP mn) +53% + +63% + +63% + +58% + 1,971 197 129 1,212 79 768 2Q23 2Q24 2Q25 2Q23 2Q24 2Q25 6

  7. Slide 7: Financial Services segment and acceptance continue to lead y-o-y revenue growth

    Financial Services segment and acceptance continue to lead the y-o-y revenue growth Revenue contribution by quarter Contribution to y-o-y growth for 2% 4% 3% 3% 2Q 2025 6% 7% 7% 6% 12% 12% 17% 29% 19% 5% 1% 13% 20% 19% 13% 15% 18% 21% 22% 24% 49% 40% 34% 47% 26% 2Q 2022 2Q 2023 2Q2024 2Q 2025 10% AD

  8. Slide 8: Significant improvement in gross profit margin, the highest ever achieved

    …driving a significant improvement in gross profit margin, the highest ever achieved Gross profit (EGP mn) Gross profit margin (%) +69% + +2.5% + +69% + +4.5% + 68.6% 1,353 66.1% 802 474 61.6% 2Q23 2Q24 2Q25 2Q23 2Q24 2Q25 8

  9. Slide 9: Expenses grew on a yearly basis but declined in relation to revenue

    Expenses grew on a yearly basis but declined in relation to revenue y-o-y expenses increase Expense item as % of revenue 66% 15% 63% 59% 13% 12% 49% 11% 9% 10% 37% 37% 23% 21% 21% 4% 4% 4% HR Marketing & Selling OPEX & G&A HR Marketing & Selling OPEX & G&A 2Q 2023 2Q 2024 2Q 2025 2Q 2023 2Q 2024 2Q

  10. Slide 10: EBITDA doubling and reaching the highest EBITDA margin

    …resulting into EBITDA doubling and reaching the highest EBITDA margin reached EBITDA (EGP mn) EBITDA margin (%) +95% + +9.4% + +87% + +7.3% + 56.5% 1,113 47.0% 39.7% 570 305 2Q23 2Q24 2Q25 2Q23 2Q24 2Q25 10

  11. Slide 11: Net income follows EBITDA and doubles vs. last year

    Net income follows EBITDA and doubles vs. last year Net income (EGP mn) Net income margin (%) +103% + +6.5% + +101% + 652 +5.7% + 33.1% 26.5% 20.8% 322 160 2Q23 2Q24 2Q25 2Q23 2Q24 2Q25 11

  12. Slide 12: Dive into 2Q 2025 payments business figures

    Dive into 2Q 2025 payments business figures 12

  13. Slide 13: Operational KPIs achieved double digits growth, with customers reaching 54 mn

    Operational KPIs achieved double digits growth, with customers reaching 54 mn Number of Services Total POS +8% Average Revenue Total Transactions Average Transaction +18% (000s) per Trx +30% +8% (mn) Value +42% (EGP) 378 4,046 401 523 2.6 266 2.0 3,432 372 483 2Q 2024 2Q 2025 2Q 2024 2Q 2025 2Q 2024

  14. Slide 14: ADP continue to grow in double digits

    ADP continue to grow in double digits ADP Throughput ADP Revenue (EGP mn) Contribution to ADP y-o-y revenue growth +28% +23% 10% 506 29% 32% 410 29% 2Q 2024 2Q 2025 2Q 2024 2Q 2025 Telecom ADSL Utilities Others 14

  15. Slide 15: Acceptance and Agent Banking continue to surpass guidance

    Acceptance and Agent Banking continue to surpass guidance, delivering high double-digit growth Acceptance Revenue Agent Banking Revenue (EGP mn) (EGP mn) +34% +73% 431 303 226 249 2Q 2024 2Q 2025 2Q 2024 2Q 2025 15

  16. Slide 16: Acceptance business continued strong trajectory with instore and online growth

    Acceptance business continued strong trajectory with Instore and online acceptance growing at high double digits Revenue from instore Acceptance enabled POS Revenue from Online acceptance (000s) acceptance +75% +7% +72% 359 334 2Q 2024 2Q 2025 2Q 2024 2Q 2025 2Q 2024 2Q 2025 16

  17. Slide 17: Supply Chain revenue grew on the back of increased adoption

    Supply Chain revenue grew on the back of increased adoption Supply Chain Throughput Supply Chain Revenue (EGP mn) +35% +36% 134 84 2Q 2024 2Q 2025 2Q 2024 2Q 2025 17

  18. Slide 18: Dive into 2Q 2025 financial services figures

    Dive into 2Q 2025 financial services figures 18

  19. Slide 19: MSME lending continued strong momentum

    MSME lending continued strong momentum • Number of MSME loans granted in 2Q25 reached 36.2k, MSME Finance Loan MSME Finance Revenue up by 191% y-o-y Portfolio (EGP bn) (EGP mn) • Disbursements for MSME loans for 2Q25 reached EGP 642mn up by 6% y-o-y +53% +92% • Average loan portfolio per staff membe

  20. Slide 20: Other financial services continued to grow: BNPL, Prepaid Card, Insurance Brokerage

    Other financial services continued to grow, fueled by momentum in BNPL, Prepaid Card and Insurance Brokerage Other Financial Services revenue (EGP mn) • Consumer finance (BNPL) gross loan portfolio exceeded EGP 1.76 bn by end of 2Q25 vs. EGP 380 mn 267 • Total spend for the quarter exceeded EGP 1,14

  21. Slide 21: Digital growth

    Digital growth 21

  22. Slide 22: Double digits growth on annualized throughput, downloads exceeding 20 million

    Double digits growth achieved on annualized throughput with total cumulative downloads exceeding 20 million We advanced our consumer offering by evolving myFawry into myFawry cumulative downloads 28.5 a full personal finance hub with payments, digital wallets, lending, 20 EGP Bn Millions insurance,

  23. Slide 23: Growth in digital transactions led by mobile wallets

    Growth in digital transactions was led by mobile wallets, boosting technology-related revenues Mobile Wallet 1 Mobile Wallet1 Total Digital 2 Total Transactions Transactions +73% Processed value + Transactions +78% +8% (mn) (mn) 76% (EGP bn) (mn) 235 523 92.3 164 53.3 132 93 483 2Q 2024 2Q 2025 2Q 2

  24. Slide 24: Q&A

    Q&A 24

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