Cairo - Mubasher: ASCOM logged an annual leap in consolidated net profits after tax to EGP 373.24 million during the first nine months (9M) of 2025, compared with EGP 65.25 million.

The basic and diluted earnings per share (EPS) hit EGP 1.27 in January-September 2025, against a loss per share of EGP 6.45 in the same period a year earlier, according to the financial results.

Consolidated revenues hiked year-on-year (YoY) to EGP 3.02 billion in 9M-25 from EGP 2.28 billion.

Furthermore, the total assets stood at EGP 7.69 billion as of 30 September 2025 when compared to EGP 7.25 billion at the end of 2024.

Standalone Results for 9M-25

The EGX-listed company turned to non-consolidated net profits after tax worth EGP 63.29 million in 9M-25, versus net losses after tax of EGP 318.86 million in 9M-24.

Standalone revenue from contracts with customers jumped YoY to EGP 427.53 million in 9M-25 from EGP 291.02 million.

In the nine-month period that ended on 30 September 2025, the non-consolidated total assets reached EGP 643.23 million, compared to EGP 575.94 million in 2024.

Financials for Q3-25

During the third quarter (Q3) of 2025, ASCOM generated YoY higher consolidated net profits after tax at EGP 390.38 million, compared with EGP 163.89 million.

The consolidated revenues jumped YoY to EGP 1.10 billion in Q3-25 from EGP 854.69 million. Meanwhile, the basic and diluted EPS climbed to EGP 0.55 from EGP 0.03.

As for the standalone results, the company shifted to net profits after tax worth EGP 27.50 million in July-September 2025, versus net losses after tax of EGP 2.12 million in Q3-24.

Non-consolidated revenue from contracts with customers rose YoY to EGP 157.12 million in Q3-25 from EGP 115.30 million. The EPS amounted to EGP 0.55, against a loss per share of EGP 0.56.

During the first half (H1) of 2025, ASCOM registered consolidated net losses after tax worth EGP 17.14 million, compared to EGP 98.63 million in H1-24.