Board Change • May 21
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Nov 10
Alexandria Spinning & Weaving Co., Annual General Meeting, Dec 04, 2025 Alexandria Spinning & Weaving Co., Annual General Meeting, Dec 04, 2025, at 15:00 Egypt Standard Time. Location: alexandarie Egypt Board Change • May 14
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 02
Full year 2024 earnings released: EPS: ج.م0.36 (vs ج.م0.074 in FY 2023) Full year 2024 results: EPS: ج.م0.36 (up from ج.م0.074 in FY 2023). Revenue: ج.م667.5m (up 139% from FY 2023). Net income: ج.م115.2m (up 387% from FY 2023). Profit margin: 17% (up from 8.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. 공시 • Sep 30
Alexandria Spinning & Weaving Co., Annual General Meeting, Oct 31, 2024 Alexandria Spinning & Weaving Co., Annual General Meeting, Oct 31, 2024, at 15:00 Egypt Standard Time. Location: alexandarie Egypt Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ج.م6.86, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 11x in the Luxury industry in Africa. Total returns to shareholders of 231% over the past three years. Reported Earnings • Jun 09
Third quarter 2024 earnings released: EPS: ج.م0.092 (vs ج.م0.17 in 3Q 2023) Third quarter 2024 results: EPS: ج.م0.092 (down from ج.م0.17 in 3Q 2023). Revenue: ج.م163.1m (up 74% from 3Q 2023). Net income: ج.م29.5m (down 47% from 3Q 2023). Profit margin: 18% (down from 60% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. 공시 • Mar 20
KABO’s OGM Approves in Principle Selling Stake in Spinalex El-Nasr Clothing & Textiles Co. (KABO) (CASE:KABO) ordinary general meeting (OGM) has approved in principle selling the company’s stake in Alexandria Spinning & Weaving Co. (CASE:SPIN) (Spinalex) partially or fully, according to a disclosure. Accordingly, the fair value (FV) of Spinalex’s share will be evaluated by a certified office by the Financial Regulatory Authority (FRA). This process requires two FV studies at least to be conducted by different offices to ensure accurate evaluation. Reported Earnings • Feb 17
Second quarter 2024 earnings released: EPS: ج.م0.15 (vs ج.م0.039 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.15 (up from ج.م0.039 in 2Q 2023). Revenue: ج.م168.5m (up 189% from 2Q 2023). Net income: ج.م48.1m (up 280% from 2Q 2023). Profit margin: 29% (up from 22% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ج.م4.98, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 17x in the Luxury industry in Egypt. Total returns to shareholders of 271% over the past three years. Upcoming Dividend • Dec 05
Inaugural dividend of ج.م0.05 per share Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 14 December 2023. This is the first dividend for Alexandria Spinning & Weaving since going public. The average dividend yield among industry peers is 1.8%. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ج.م4.18, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 17x in the Luxury industry in Egypt. Total returns to shareholders of 187% over the past three years. New Risk • Oct 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Market cap is less than US$100m (ج.م1.14b market cap, or US$36.8m). Reported Earnings • Oct 18
Full year 2023 earnings released: EPS: ج.م0.074 (vs ج.م0.11 in FY 2022) Full year 2023 results: EPS: ج.م0.074. Revenue: ج.م279.1m (up 63% from FY 2022). Net income: ج.م89.9m (up 157% from FY 2022). Profit margin: 32% (up from 20% in FY 2022). New Risk • Jul 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (ج.م961.9m market cap, or US$31.1m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ج.م2.80, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 14x in the Luxury industry in Africa. Total returns to shareholders of 169% over the past three years. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ج.م2.04, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 14x in the Luxury industry in Africa. Total returns to shareholders of 29% over the past three years. Reported Earnings • Feb 22
Second quarter 2023 earnings released: EPS: ج.م0.039 (vs ج.م0.011 in 2Q 2022) Second quarter 2023 results: EPS: ج.م0.039 (up from ج.م0.011 in 2Q 2022). Revenue: ج.م58.2m (up 34% from 2Q 2022). Net income: ج.م12.7m (up 272% from 2Q 2022). Profit margin: 22% (up from 7.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ج.م2.76, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 13x in the Luxury industry in Africa. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ج.م2.60, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 18x in the Luxury industry in Africa. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 15% share price gain to ج.م2.20, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 13x in the Luxury industry in Africa. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م1.59, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 15x in the Luxury industry in Africa. Total loss to shareholders of 12% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 30
Full year 2022 earnings released: EPS: ج.م0.11 (vs ج.م0.13 loss in FY 2021) Full year 2022 results: EPS: ج.م0.11 (up from ج.م0.13 loss in FY 2021). Revenue: ج.م171.5m (up 42% from FY 2021). Net income: ج.م35.0m (up ج.م76.9m from FY 2021). Profit margin: 20% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 23
Third quarter 2022 earnings released: EPS: ج.م0.035 (vs ج.م0.014 loss in 3Q 2021) Third quarter 2022 results: EPS: ج.م0.035 (up from ج.م0.014 loss in 3Q 2021). Revenue: ج.م43.1m (up 11% from 3Q 2021). Net income: ج.م11.4m (up ج.م16.0m from 3Q 2021). Profit margin: 26% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 30
Full year 2021 earnings released: ج.م0.13 loss per share (vs ج.م0.20 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ج.م120.6m (down 12% from FY 2020). Net loss: ج.م41.9m (loss narrowed 33% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 10
New 90-day high: ج.م2.74 The company is up 81% from its price of ج.م1.51 on 10 December 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period. Reported Earnings • Feb 24
Second quarter 2021 earnings released: ج.م0.017 loss per share (vs ج.م0.028 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ج.م26.2m (down 31% from 2Q 2020). Net loss: ج.م5.56m (loss narrowed 39% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 26
New 90-day high: ج.م1.58 The company is up 9.0% from its price of ج.م1.45 on 28 October 2020. The Egyptian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 30% over the same period. Reported Earnings • Oct 03
Full year earnings released - ج.م0.20 loss per share Over the last 12 months the company has reported total losses of ج.م62.7m, with losses widening by 152% from the prior year. Total revenue was ج.م137.3m over the last 12 months, down 47% from the prior year.