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 — FY2023 Earnings Presentation
27 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, 2024
Slide 1: FY2023 Earnings Presentation
FY2023 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 FY2023 Financial Highlights Consolidated Revenues e-finance Investment Group is Egypt’s leading technology focused investment management firm. From its beginnings as 25.6% 25.8% EGP 3,898.6 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 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 20 574k 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 FY2023
Consolidated Financial Performance in FY2023 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) The Group’s consolidated revenues grew by 47.5% y- Gross Profit Margin 55% o-y to EGP 3,898.6 million in FY2023 driven by 41% 52% 2019 – 2023 3,899 2500 broad-based expansion across the Grou
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 1,849 EGP 74 mn associates 1,267 EGP 30 mn Deferred tax EGP 66 mn Taxes on treasury bills Earnings Before Tax Net Profit After Tax (Before NCI) The period’s solid bo
Slide 11: Cost Base Analysis
Cost Base Analysis Key Highlights Meanwhile, selling and marketing expenses inched Cost of sales increased by 37.4% y-o-y driven by upwards by 2.0% to reach EGP 85.0 million in FY2023, Sales, general and administrative (SG&A) expenses rising inflationary pressures mainly due to the further driving t
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 45.8% y-o-y increase in revenue to EGP 16% 2019 – 2023 3,527.6 million in FY2023. Revenue growth 38% CAGR 2019 –
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 2.2 13% 2019 – 2023 CAGR 447 511 391 443 346 382 354 250 309 Revenues from fixed-fee transactions rose 237 44.1% y-o-y in F
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) 42% 2019 – 2023 CAGR 376 Revenue at eCards was flat y-o-y at EGP 226.7 million as the revenue decline 0.2% witnessed at the subsidiary’s card production Y-o-Y and its smart solutions services canceled out the revenue incr
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 >547K EGP c.1.9 bn 88 mn POS partners, and inter- operable d
Slide 19: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) 67% 2019 – 2023 CAGR 93 eKhales’ revenue reached EGP 92.5 million, reflecting a 62.3% y-o-y expansion. Top-line growth during the year was driven by a 12.3% 66 y-o-y increase in the subsidiary’s POS 57 terminal network,
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 21% 2019 – 2023 CAGR 51% 2019 – 2023 CAGR 56 54 120 52 40 86 26 54 32 23 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Key Highlights enable was established in 2021 to enable has continued to expand its enable achiev
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) 4Q2023 4Q2022 Change FY2023 FY2022 Change Total Consolidated Revenues 1,133.8 706.2 60.6% 3,898.6 2,644.0 47.5% e-finance Digital Operations 1,030.8 693.3 48.7% 3,527.6 2,420.1 45.8% eCards 13.0 10.1 28.5% 226.7 226.2 0.2% eKhales 31.9 17.3 84.1% 92.5 57.0 62.5% ena
Slide 25: Historical Summary Balance Sheet
Historical Summary Balance Sheet (EGP mn) FY2020 FY2021 FY2022 FY2023 Total Current Assets 1,472 4,282 4,977 5,536 Total Non-Current Assets 486 762 958 2.099 Total Assets 1,958 5,044 5,935 7,635 Total Current Liabilities 473 881 1,037 1,395 Total Non-Current Liabilities 221 219 267 640 Total Liabili
Slide 26: Stock Information
Stock Information Stock Chart 25 7,000.0 Volume Price 6,000.0 20 5,000.0 15 4,000.0 3,000.0 10 2,000.0 5 1,000.0 0 0.0 Jul-23 Jul-23 Aug-23 Sep-23 Sep-23 Oct-23 Nov-23 Nov-23 Dec-23 Dec-23 Share and Contact Information Ticker EFIH.CA on the EGX Date of Listing 20 October 2021 Number of Shares 1,848,
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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