Tawasoa Factoring
EEGX:TWSA6.10
EGP
-0.23
(-3.63%)
Tawasoa Factoring
EGX:TWSA
(Egyptian Exchange)
Recent
price
6.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Tawasoa for Factoring is an Egypt-based non-banking financial institution that provides specialized factoring, working capital solutions, and commercial credit management services to micro, small, medium, and corporate enterprises. The company offers a systematic suite of financial products and services that includes: domestic and international receivables financing, enabling businesses to monetize outstanding commercial invoices for immediate liquidity; reverse factoring and supply chain finance arrangements, facilitating early settlements to suppliers while extending buyer payment cycles; recurring credit facilities, structured to support continuous operational cash flows; payroll financing, assisting employers with dedicated short-term liquidity to satisfy employee compensation obligations; and credit management services, comprising debtor credit assessment, receivables ledger administration, and debt collection. Founded in 2020 under Egyptian Financial Regulatory Authority License No. 16 and headquartered in Cairo, Egypt, the company operates as a subsidiary of Tawasoa Holding for Financial Investments Ltd. In recent operational and corporate developments, the company completed a capital increase raising its paid-in capital from EGP 75 million to EGP 115 million via the issuance of 40 million new common shares, facilitating its transition and upgraded listing from the Egyptian Exchange (EGX) SME Market to the EGX Main Market under the ticker symbol TWSA. Additionally, the company has expanded its credit operations by securing EGP 50 million in new banking credit facilities, including a EGP 25 million financing agreement with Faisal Islamic Bank, to support the growth of its factoring portfolio across Egyptian commercial sectors.