Marseilla Al Masreia Al Khalegeya for Holding Investment

Marseilla Al Masreia Al Khalegeya for Holding Investment

EEGX:MAAL
6.57
EGP
-0.93
(-12.40%)
-175.78EPS
784.91MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
1,749.04
2,299.39
- -
2,633.22
2,248.7
1,110.8
663.5
Basic EPS, GAAP
30.16
51.47
92.82
126.37
-0.78
270.97
-175.69
Free Cash Flow per Basic Share
-67.25
-228.55
-112.12
84.55
-267.65
297.79
84.35
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
638.14
602.37
796.65
621.32
Tangible Book Value per Share
- -
- -
- -
638.14
602.37
796.65
621.32
Basic Weighted Avg Shares
208
208
208
208
208
208
207
Sales/Revenue/Turnover
363,185
477,465
- -
546,782
466,938
230,655
137,562
Operating Margin (%)
12.54
9.28
- -
11.19
6.55
29.94
-21.39
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
6,262
10,688
19,273
26,240
-163
56,267
-36,425
Effective Tax Rate (%)
- -
50.1
31.07
29.58
101.31
22.56
- -
Profit Margin (%)
1.72
2.24
- -
4.8
-0.03
24.39
-26.48
Working Capital
40,075
-62,217
-76,206
7,983
-65,408
-76,677
627,416
LT Debt
- -
- -
- -
- -
253,159
281,570
- -
Total Equity
- -
- -
- -
132,509
130,513
170,744
129,016
Return on Invested Capital (%)
- -
- -
- -
- -
-0.11
7.82
- -
Return on Capital (%)
- -
- -
- -
- -
-0.12
9.7
- -
Return on Common Equity (%)
- -
- -
- -
- -
-0.13
38.74
- -

Capital Structure

EGP

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
329,209
328,526
330,360
LT Borrowings
152,388
157,222
- -
LT Finance Leases
129,182
136,521
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
208
208
208
Market Capitalization
322
718
785

Working Capital

EGP

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
1,564,486
1,610,689
1,555,945
Cash, Cash Equivalents & STI
355,168
358,096
389,664
Accounts Receivable, Net
273,237
261,608
- -
Inventories
652,515
717,801
- -
Total Current Liabilities
1,641,163
1,612,246
928,529
Payables & Accruals
- -
- -
- -
ST Debt
329,209
328,526
330,360
Deferred Revenue
- -
- -
- -

Growth Rates

EGP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
30.83%
Free Cash Flow
- -
-122.87%
-211.26%
Net Income, GAAP
- -
-6,924.76%
-34,710.33%
Sales/Revenue/Turnover
- -
- -
-50.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
30,668
68,596
171,530
222,370
466,938
2023
11,124
127,172
33,430
58,928
230,655
2024
14,835
30,368
- -
- -
- -

Quarterly Earnings Per Share

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-69.57
10.26
14.99
-91.05
-0.78
2023
-70.47
321.91
-50
69.22
270.97
2024
-94.95
-99.99
- -
- -
- -

Quarterly Dividends Per Share

EGP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

CEO
Yasser Ali Ahmed Ragab
Sector
Finance
Industry
Real estate development
Address
Alexandria Egypt
IPO Date
Aug 4, 2011
Business
Marseilla Al Masreia Al Khalegeya for Holding Investment S.A.E. is an Egypt-based holding company primarily engaged in real estate investment, property development, tourism infrastructure, hospitality operations, and general contracting. Founded in 2001 and headquartered in Alexandria, Egypt, the company operates across multiple integrated segments, including coastal tourism developments, residential community development, commercial and retail asset management, hospitality services, and construction contracting. Its projects primarily span key Egyptian investment hubs, including the North Coast, Alexandria, Ain Sokhna, Cairo, and the New Administrative Capital, catering to individual homebuyers, commercial tenants, and domestic as well as regional Gulf investors. The company’s core products and services encompass master-planned coastal resort developments, including the Marseilia Beach series (Marseilia Beach 1, 2, 3, 4, and 5) along the North Coast and Ras El Hekma, Bluebay Asia in Ain Sokhna, and Marseilia Land in El Alamein; integrated residential and mixed-use gated communities, such as Golden Yard in the New Administrative Capital and Cascada; urban residential and commercial complexes in Alexandria, including Marseilia Boulevard, Marseilia Hayat, and Marseilia Florence Mega Mall; commercial real estate units, including retail spaces, corporate offices, and shopping centers; hospitality, leisure, and entertainment facilities, comprising hotel units, water parks, sports zones, and beachfront recreational complexes; and comprehensive real estate services, including civil contracting, architectural engineering, project management, property maintenance, and hospitality rental management. In recent developments, the company completed a strategic corporate restructuring into a holding investment entity to expand its capital allocation and diversification into complementary investment sectors. Operationally, the company accelerated construction and phase deliveries across signature projects, including the expansion of Marseilia Beach 5 in the Ras El Hekma corridor and the execution of the Golden Yard development in the New Administrative Capital under its co-development alliance with Misr for Engineering Development. Additionally, Marseilla has implemented capital structure optimization initiatives and entered new facility management and commercial operating partnerships to maximize asset utilization and drive recurring operational revenues across its retail and leisure portfolios.