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    Home » Fawry delivers Q1 revenue of $53.3 million under Ashraf Sabry
    World Economy

    Fawry delivers Q1 revenue of $53.3 million under Ashraf Sabry

    morshediBy morshediMay 17, 2025No Comments3 Mins Read
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    Fawry delivers Q1 revenue of .3 million under Ashraf Sabry
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    Key Factors

    • Fawry’s Q1 2025 income jumped 65.1% to $35.73 million, pushed by expanded providers and tight price management, leading to a document internet revenue of $12.08 million.
    • myFawry app transactions surged 117.5% to $546.9 million, highlighting robust person adoption and solidifying the app’s place in Egypt’s digital finance panorama.
    • Monetary Companies led income progress, up 164.2% year-on-year, contributing 40% to whole earnings and showcasing Fawry’s strategic shift towards higher-margin verticals.

    Fawry for Banking Expertise and Digital Funds (Fawry), Egypt’s largest fintech agency led by Ashraf Sabry, continues its robust momentum into 2025, delivering distinctive progress with income surging greater than 65 % to prime $35 million. The efficiency displays its dominant place in Egypt’s digital funds sector amid a rising shift towards cashless transactions.

    Fawry achieves document profitability amid growth

    According to its recently released Q1 2025 results, the corporate reported a big year-on-year income improve of 65.1 %, reaching EGP 1.79 billion ($35.73 million) was pushed by the growth and diversification of the Firm’s enterprise choices, which alongside efficient price management measures resulted in sturdy profitability margins. 

    Web revenue surged by 97.1 % to EGP 605.4 million ($12.08 million), yielding an related internet revenue margin of 33.7 %. This sturdy efficiency displays the growth and diversification of Fawry’s enterprise choices, notably in Monetary Companies, which grew by 164.2 % year-on-year and contributed 40 % to whole income. 

    Banking Companies and Provide Chain Options additionally noticed substantial progress, growing by 55.9 % and 35.3 %, respectively. A key milestone this quarter was EBITDA surpassing EGP 1 billion ($20 million)—marking the best quarterly consequence within the firm’s historical past—and reflecting Fawry’s continued success in combining operational scale with robust monetary self-discipline.

    myFawry transactions surge as digital adoption deepens

    Fawry processed 484.8 million transactions in Q1 2025, marking a 9.8 % year-on-year improve from 441.6 million. Cell pockets transactions greater than doubled in each quantity and worth, rising 102.9 % to EGP 158.7 billion ($3.17 billion) from EGP 78.2 billion ($1.56 billion) a yr earlier. This sharp progress highlights Fawry’s essential position in powering Egypt’s cellular pockets infrastructure via deep integration with monetary establishments and telecom operators.

    The corporate’s digital push is additional mirrored within the efficiency of its flagship app, myFawry. Now central to Egypt’s cashless ecosystem, the app affords providers starting from pay as you go playing cards and BNPL to the Fawry Yawmy Cash Market Fund. In Q1 2025, transaction volumes through myFawry surged 117.5 % year-on-year to EGP 27.4 billion ($546.9 million), cementing its affect in Egypt’s digital finance house.

    Fawry: A fintech powerhouse with esteemed backing

    Fawry is a key participant in Africa’s fintech panorama, attracting esteemed shareholders just like the Nationwide Financial institution of Egypt, Banque Misr, Alpha Oryx Restricted UAE, Egyptian American Enterprise Fund, and Hyperlink Holdco. Based in 2008 by Sabry, Fawry has change into Egypt’s main e-bill fee platform. 

    Sabry, who owns 2.345 % of the corporate (40,036,282 shares), has been instrumental in driving Fawry’s progress and dominance within the African fintech sector. Underneath Ashraf Sabry’s management, Fawry continues to leverage its strategic deal with digital innovation and operational effectivity, reinforcing its place as a number one fintech firm in Egypt.



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