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OFFON

FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E.

(FWRY)
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Alsoug announced that it has received $5 million in funding from Fawry for Banking Technology and Electronic Payments S.A.E. and other investors

10/12/2021 EST

Alsoug announced that it has received $5,000,000 in a round of funding co- led by new investor Fawry for Banking Technology and Electronic Payments S.A.E. and established Western venture capital funds on October 12, 2021. The company issued common shares in the transaction. The transaction included participation from investment institutions in the markets of Europe and the United States of America. Fawry for Banking Technology and Electronic Payments S.A.E. acquired a non-controlling minority stake in company.


ę S&P Capital IQ 2021
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Financials
Sales 2021 1 656 M 106 M 106 M
Net income 2021 236 M 15,1 M 15,1 M
Net cash 2021 1 785 M 114 M 114 M
P/E ratio 2021 104x
Yield 2021 0,23%
Capitalization 21 000 M 1 335 M 1 341 M
EV / Sales 2021 11,6x
Capi. / Sales 2022 9,33x
Nbr of Employees -
Free-Float 42,2%
Chart FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E.
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Fawry for Banking Technology and Electronic Payments S.A.E. Technical Analysis Chart | MarketScreener
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Technical analysis trends FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 11,92 EGP
Average target price 17,13 EGP
Spread / Average Target 43,7%
EPS Revisions
Managers and Directors
Ashraf Kamel Moussa Sabry Chief Executive Officer & Executive Director
Abdel Meguid Mohamed Abdel Meguid Afifi Chief Financial Officer
Seif Allah Coutry Saady Hassan Chairman
Tareq Bashir Chief Information & Processes Officer
Amany Fawzy Chief Technology Operations Officer
Sector and Competitors
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