Fawry for Banking Technology and Electronic Payments (FWRY) investor relations material

Executive summary

• Q2 2026 revenue reached EGP 2.811bn, up 43% YoY, and throughput was EGP 334bn, up 69%; H1 revenue was EGP 5.22bn.

• Q2 net income was EGP 871mn, up 34% YoY, with a 31.0% margin; interim statements reported Q2 net profit of EGP 934.8m, versus EGP 693.4m.

• Acceptance, agent banking, financial services and digital activity supported growth, while ADP growth moderated amid market maturity and migration to digital channels.

• H1 net profit was EGP 1.73bn; the limited review found no matter indicating the interim statements were not fairly presented in all material respects.

Financial highlights

• Q2 revenue rose 43% to EGP 2.811bn; gross profit increased 42% to EGP 1.920bn.

• Q2 EBITDA reached EGP 1.609bn, up 45% YoY, with a 57.2% margin versus 56.5%; gross profit margin was 68.3%.

• H1 revenue was EGP 5.22bn versus EGP 3.77bn; gross profit was EGP 3.54bn versus EGP 2.57bn.

• H1 operating profit was EGP 2.29bn versus EGP 1.75bn; net profit after tax was EGP 1.73bn versus EGP 1.34bn.

• Acceptance throughput grew 33% YoY to EGP 89.2bn; the total loan portfolio exceeded EGP 6.6bn, up 71%.

Outlook and guidance

• ADP continued to grow at a slower pace as the market matured and payments increasingly shifted to digital channels.