PRESSR: Fawry releases 1Q2025 results

About this update from Fawry For Banking Technology And Electronic Payment

Fawry continues its strong momentum into 2025, delivering exceptional growth in 1Q2025 with revenues up 65.1% and net income surging 97.1% year-on-year. The performance reflects sustained strategic business expansion and disciplined cost control, reinforcing the company's ability to scale efficiently while maintaining profitability.A key milestone this quarter was EBITDA surpassing EGP 1.0 billion—marking the highest quarterly result in the company’s history—and reflecting Fawry’s continued success in combining operational scale with strong financial discipline.1Q2025 HighlightsCairo, Egypt: Fawry (the “Company”, FWRY.CA on the Egyptian Exchange), Egypt’s leading Fintech Company, announced today its consolidated results for the quarter ended 31 March 2025. The Company booked revenues of EGP 1,794.8 million in 1Q2025, up by 65.1% year-on-year (y-o-y). Strong top-line performance was driven by the expansion and diversification of the Company’s business offerings, which alongside effective cost control measures resulted in robust profitability margins. Net profit for the quarter stood at EGP 605.4 million, up by an impressive 97.1% y-o-y yielding an associated net profit margin (NPM) of 33.7%.Summary Profit & Loss Statement – First Quarter(EGP 000s)1Q20244Q20241Q2025Y-o-Y ChangeQ-o-Q ChangeTotal Revenues1,087,1901,665,3731,794,76565.1%7.8%Alternative Digital Payments (ADP)354,837460,939461,96030.2%0.2%Banking Services456,941717,900712,20955.9%-0.8%Acceptance227,432408,065382,79968.3%-6.2%Agent Banking229,508309,835329,41043.5%6.3%Financial Services174,188358,777460,215164.2%28.3%Supply Chain Solutions75,63993,839102,30435.3%9.0%Technology & Others25,58633,91958,077127.0%71.2%Gross Profit715,6201,080,0341,214,29069.7%12.4%Gross Profit Margin65.8%64.9%67.7%1.8 pts2.8 ptsEBITDA1506,615867,7371,002,39697.9%15.5%EBITDA Margin46.6%52.1%55.9%9.3 pts3.7 ptsNet Profit Before NCI333,719543,681641,66892.3%18.0%Net Profit After NCI307,090500,108605,37897.1%21.0%Net Profit Margin28.2%30.0%33.7%5.5 pts3.7 pts1 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 Microfina...

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