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 — FY2022 Earnings Presentation
28 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, 2023
Slide 1: FY2022 Earnings Presentation
FY2022 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 FY2022 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 2,644.0 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 16 473k 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 FY2022
Consolidated Financial Performance in FY2022 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) 39% Gross Profit Margin The Group’s consolidated revenues grew by 34.7% 2019 – 2022 y-o-y to EGP 2,644.0 million in FY2022. The Group’s 2,644 2000 CAGR performance for the period was mainly
Slide 10: Bottom-Line Strength Despite Elevated Effective Tax
Bottom-Line Strength Despite Elevated Effective Tax Net Profit After Tax Progression (EGP mn) EGP 51 mn Taxes on dividends from subsidiaries 1,025 810 EGP 26 mn Deferred tax Foregone tax savings on provision EGP 5 mn expense Earnings Before Interest and Tax Net Profit After Tax (Before NCI) The peri
Slide 11: Adjusted Figures Show Core Strength
Adjusted Figures Show Core Strength Adjusted financial results exclude the impact of non-cash ESOP expenses Adjusted Net Profit, Margin (EGP mn, %) Adjusted Net Profit Net Profit (4Q) Net Profit (FY) 36% 33% 26% 21% 949 804 520 233 139 122 4Q21 4Q22 FY21 FY22 11
Slide 12: Cost Base Analysis
Cost Base Analysis Key Highlights Meanwhile, selling & marketing expenses rose rapidly Sales, general and administrative (SG&A) expenses Cost of sales increased by 22.9% y-o-y driven by during FY2022 due to heightened expenditure on increased by 39.9% y-o-y, posting EGP 345.7 million rising inflatio
Slide 13: Our Subsidiaries
Our Subsidiaries finance Investment Group 13
Slide 14: 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 15: 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 56.1% y-o-y increase in revenue to EGP 32% 2019 – 2022 17% 2,420.1 million in FY2022. Performance was CAGR 2019 –
Slide 16: 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 5% 2019 – 2022 447 CAGR 391 443 346 Revenues from fixed-fee transactions declined 382 by 19.9% y-o-y to EGP 354 million. Th
Slide 17: 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 18: eCards Operational Drivers & Revenues
eCards Operational Drivers & Revenues Key Highlights e-cards Revenues (EGP mn) 59% 2019 – 2022 CAGR 376 Revenue at eCards declined by 39.8% y-o-y to EGP 226.2 million in FY2022 due to a decline in revenue from card production and smart solutions. 226 92 56 Card production revenue declined by 23.5% y
Slide 19: 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 16 >473K EGP c.600 mn 67 mn POS partners, and inter- operable d
Slide 20: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) 68% 2019 – 2022 eKhlaes booked EGP 57.0 million in revenue, CAGR 66 reflecting a decline of 13.0% y-o-y in FY2022. The decline reflects a base effect from one-off 57 POS sales of nearly EGP 28.9 million completed during
Slide 21: 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 22: 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 4% Y-o-Y Growth 54 86 52 40 54 26 32 23 2019 2020 2021 2022 2019 2020 2021 2022 Key Highlights e-nable was established in 2021 to e-nable has continued to expand its Pre-elimina
Slide 23: 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 24: Appendix
Appendix finance Investment Group 24
Slide 25: Summary Income Statement
Summary Income Statement (EGP mn) 4Q2022 4Q2021 Change FY2022 FY2021 Change Total Consolidated Revenues 706.2 663.7 6.4% 2,644.0 1,963.3 34.7% e-finance Digital Operations 693.3 424.6 63.3% 2,420.1 1,550.8 56.0% eCards 10.1 224.6 -95.5% 226.2 375.8 -39.8% eKhales 17.3 11.6 49.5% 57.0 65.5 -13.0% ena
Slide 26: Historical Summary Balance Sheet
Historical Summary Balance Sheet (EGP mn) FY2019 FY2020 FY2021 FY2022 Total Current Assets 1,333 1,472 4,282 4,977 Total Non-Current Assets 329 486 762 958 Total Assets 1,662 1,958 5,044 5,935 Total Current Liabilities 397 473 881 1,037 Total Non-Current Liabilities 127 221 219 267 Total Liabilities
Slide 27: Stock Information
Stock Information Stock Chart Volume (000's) Price 25.0 12,000.0 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-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Share and Contact Information Ticker EFIH.CA on the EGX Date of Listing 20 October
Slide 28: Thank You
Thank You INVESTOR RELATIONS CONTACTS Telephone: +202 3531 7430 E-mail: info@efinance.com.eg www.efinanceinvesrment.com SHAREHOLDER INFORMATION EGX: EFIH.CA Listed: October 2021 Shares Outstanding: 1.6 billion 28
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