Beltone Holding

Beltone Holding

EEGX:BTFH
2.55
EGP
-0.09
(-3.41%)
0.07EPS
44.49P/E
31.62BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.51
2.76
1.27
1.25
0.63
0.7
1.77
0.47
1.15
1.33
- -
Basic EPS, GAAP
0.04
0.18
0.01
-0.34
-0.48
-0.3
-0.34
-1.51
0.12
0.28
0.15
0.07
Free Cash Flow per Basic Share
-3.75
-0.1
2.24
-1
-4.04
0.83
0.25
-0.98
-3.78
-1.88
-1.28
-0.36
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Book Value per Share
1.33
1.81
1.83
0.83
0.52
- -
- -
0.24
1.69
2
2.17
- -
Tangible Book Value per Share
0.96
1.49
0.57
0.83
0.52
- -
- -
0.07
1.63
1.93
2.13
- -
Basic Weighted Avg Shares
128
245
245
245
190
444
502
179
3,066
6,149
9,221
10,401
Sales/Revenue/Turnover
- -
125
675
311
238
279
352
317
1,443
7,051
12,292
- -
Operating Margin (%)
- -
-22.14
-2.04
7.07
-3.86
- -
- -
-107.96
3.09
19.57
11.98
- -
Depreciation Expense
- -
3
5
8
9
- -
- -
15
19
75
175
- -
Net Income, GAAP
5
44
3
-82
-92
-132
-170
-269
369
1,702
1,347
690
Effective Tax Rate (%)
52.14
34.36
- -
193.85
- -
- -
- -
- -
24.52
20.18
22.83
50.33
Profit Margin (%)
- -
35.53
0.47
-26.54
-38.53
-47.45
-48.27
-84.84
25.58
24.14
10.96
- -
Working Capital
220
-71
58
-167
-188
241
207
-259
5,830
7,183
14,789
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
524
3,974
12,212
15,868
737
Total Equity
337
442
539
256
100
- -
- -
125
10,472
12,473
23,499
- -
Return on Invested Capital (%)
- -
-2.76
- -
-3.36
- -
- -
- -
- -
0.29
4.64
2.5
- -
Return on Capital (%)
- -
7.48
- -
-11.6
- -
- -
- -
- -
4.24
6.85
3.14
- -
Return on Common Equity (%)
- -
11.37
0.72
-25.31
-60.22
- -
- -
- -
7.04
15.03
7.58
- -

Capital Structure

EGP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,711
- -
- -
LT Borrowings
15,603
- -
- -
LT Finance Leases
265
794
737
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,718
10,718
10,718
Market Capitalization
36,656
30,118
31,618

Working Capital

EGP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28,359
- -
- -
Cash, Cash Equivalents & STI
9,000
19,429
20,011
Accounts Receivable, Net
17,988
- -
- -
Inventories
198
- -
- -
Total Current Liabilities
13,570
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
9,711
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EGP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
88.4%
Free Cash Flow
366.77%
1,239.96%
2.09%
Net Income, GAAP
-178.32%
37.91%
-20.87%
Sales/Revenue/Turnover
- -
166.86%
74.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,286
1,582
1,909
2,507
7,051
2025
2,702
3,476
3,213
3,292
12,292
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.06
0.06
0.09
0.28
2025
0.13
0.08
0.02
-0.01
0.15
2026
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Company Description

CEO
Dalia Hazim Jamil Khorshid
Sector
Finance
Industry
Investment banks/Brokers
Address
Cairo Egypt
IPO Date
Sep 10, 2008
Business
Beltone Holding S.A.E. is an Egypt-based financial services provider operating across investment banking, asset management, securities brokerage, non-banking financial services, and venture investments. Founded in 2006 and headquartered in Cairo, Egypt, the company serves institutional investors, corporations, small and medium-sized enterprises, high-net-worth individuals, and retail consumers across the Middle East, North Africa, Europe, and frontier markets. The company conducts its business through two principal operating segments: Investment Banking and Non-Banking Financial Institutions (NBFIs). Its Investment Banking division offers corporate finance advisory, including mergers and acquisitions advisory, equity and debt capital markets underwriting, initial public offerings, and corporate restructuring; securities brokerage services encompassing multi-asset execution, margin trading, algorithmic trading, and international market access; independent equity, macroeconomic, and fixed-income research; and asset management solutions, including mutual funds, money market funds, fixed-income portfolios, Shariah-compliant funds, and tailored discretionary wealth management. Its Non-Banking Financial Institutions division provides corporate leasing and capital asset financing through Beltone Leasing; supply chain and receivables financing through Beltone Factoring; residential and commercial mortgage solutions through Beltone Mortgage Finance; consumer finance, buy-now-pay-later, and installment financing solutions through its dedicated consumer brand seven; microfinance and SME working capital loans; and early-stage equity funding and venture lending via Beltone Venture Capital. In recent strategic developments, Beltone Holding underwent a major corporate turnaround and transformation following the acquisition of a controlling majority stake by Abu Dhabi-based Chimera Investment LLC, executing a historic EGP 10 billion rights issue and capital increase to aggressively expand its balance sheet and product suite. As part of this expansion, the group rebranded from Beltone Financial Holding to Beltone Holding, launched new digital lending and SME financing verticals, established cross-border operations in the United Arab Emirates and the Kingdom of Saudi Arabia, and entered strategic partnerships to launch private credit funds, fintech acceleration initiatives, and data-driven financial technology platforms across the MENA region and Sub-Saharan Africa.