E-Finance, an Egyptian state-owned enterprise that underwent the Egyptian government privatization program, saw its financial performance improve at all levels in recent years. Revenues stood at 984 million Egyptian pounds (comparable to 62.83 million U.S. dollars) in 2019, which was an increase from 733 million Egyptian pounds (around 46.8 million U.S. dollars) the year before. The same trend can be recognized with regards to gross profit, EBITDA, and net profit, reaching 440 million Egyptian pounds (close to 28.1 million U.S. dollars), 343 million Egyptian pounds (approximately 21.9 million U.S. dollars), and 271 million Egyptian pounds (corresponds to 17.3 million U.S. dollars), respectively. The company processed 1.1 trillion Egyptian Pounds (70 billion U.S. dollars) of e-payments in 2019.
E-Finance company financial performance in Egypt from 2017 to 2019
(in million Egyptian pounds)
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LYNX Advisors. (May 30, 2021). E-Finance company financial performance in Egypt from 2017 to 2019 (in million Egyptian pounds) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/
LYNX Advisors. "E-Finance company financial performance in Egypt from 2017 to 2019 (in million Egyptian pounds)." Chart. May 30, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/
LYNX Advisors. (2021). E-Finance company financial performance in Egypt from 2017 to 2019 (in million Egyptian pounds). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/
LYNX Advisors. "E-finance Company Financial Performance in Egypt from 2017 to 2019 (in Million Egyptian Pounds)." Statista, Statista Inc., 30 May 2021, https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/
LYNX Advisors, E-Finance company financial performance in Egypt from 2017 to 2019 (in million Egyptian pounds) Statista, https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/ (last visited November 18, 2024)
E-Finance company financial performance in Egypt from 2017 to 2019 (in million Egyptian pounds) [Graph], LYNX Advisors, May 30, 2021. [Online]. Available: https://www.statista.com/statistics/1243807/e-finance-company-financial-performance-in-egypt/
