PRESSR: Fawry releases 1H2025 results

About this update from Fawry For Banking Technology And Electronic Payment

Revenue surged by 63.8%, while net profit doubled, reflecting the company's enhanced operational efficiency and market traction.1H2025 HighlightsCairo, Egypt: Fawry (the “Company”, FWRY.CA on the Egyptian Exchange), Egypt’s leading provider of e-payments and digital finance solutions, announced today its consolidated results for the quarter ended 30 June 2025. The Company booked revenues of EGP 3,765.5 million in 1H2025, up by 63.8% year-on-year (y-o-y). The Company’s strong top-line growth was underpinned by the continued diversification of its service portfolio. This, along with effective cost management and sound treasury practices, supported the delivery of healthy profitability margins leading to a net profit growth of 99.9% to reach EGP 1,257.0 million. Net profit for the quarter stood at EGP 651.6 million, up by an impressive 102.6% y-o-y yielding an associated net profit margin (NPM) of 33.1%.Summary Profit & Loss Statement – Second Quarter(EGP 000s)2Q 20241Q 20252Q 2025Y-o-Y ChangeQ-o-Q ChangeTotal Revenues1,212,1741,794,7651,970,71762.6%9.8%Banking Services475,162712,209733,41154.3%3.0%Acceptance249,021382,799430,68373.0%12.5%Agent Banking226,141329,410302,72833.9%-8.1%Financial Services203,501460,215562,325176.3%22.2%Alternative Digital Payments (ADP)410,266461,960505,73323.3%9.5%Supply Chain Solutions84,433102,304119,49141.5%16.8%Technology & Others38,81258,07749,75728.2%-14.3%Gross Profit801,5451,214,2901,352,75368.8%11.4%Gross Profit Margin66.1%67.7%68.6%2.5 pts1.0 ptsEBITDA1570,1761,002,3961,112,70495.2%11.0%EBITDA Margin47.0%55.9%56.5%9.4 pts0.6 ptsNet Profit Before NCI352,193641,668693,36796.9%8.1%Net Profit After NCI321,682605,378651,586102.6%7.6%Net Profit Margin26.5%33.7%33.1%6.5 pts(0.7 pts)1 EBITDA - The Company defines EBITDA as its EAS operating profit, excluding: (a) depreciation, amortization, provisions; (b) noncash ESOP expense included in EAS net profit; (c) interest income not related to the operating cycle; (d) taxes; (e) leasing charges; and certain other non-operating costs including provisions.2 Financial services Revenue – Include MSME lending, Consumer finance, Insurance brokerage, Prepaid Card and Money market fund revenues. All except for Microfinance have been reallocated from Others.Summary Profit & Loss Statement – First Half(EGP 000s)1H 20241H 2025Y-o-Y ChangeTotal Revenues2,299,3653,765,48263.8%Banking Services93...

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