New Risk • Jun 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 77% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ج.م3.7m free cash flow). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Revenue is less than US$5m (ج.م91m revenue, or US$1.8m). Market cap is less than US$100m (ج.م2.11b market cap, or US$40.7m). Board Change • May 20
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. Director & Managing Director of Marketing Ahmed Salah El-Din El-Zawawi was the last director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Announcement • May 12
Atlas for Investment & Food Industries, Annual General Meeting, Jun 11, 2026 Atlas for Investment & Food Industries, Annual General Meeting, Jun 11, 2026, at 08:00 Egypt Standard Time. Location: giza Egypt Announcement • Jun 19
Atlas for Investment & Food Industries, Annual General Meeting, Jul 10, 2025 Atlas for Investment & Food Industries, Annual General Meeting, Jul 10, 2025, at 08:00 Egypt Standard Time. Location: giza 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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. Announcement • Sep 28
Amoun Real Estate Investment Company launched a mandatory tender offer to acquire 65.59% stake in Atlas for Investment & Food Industries (CASE:ALRA) for approximately EGP 330 million. Amoun Real Estate Investment Company launched a mandatory tender offer to acquire 65.59% stake in Atlas for Investment & Food Industries (CASE:ALRA) for approximately EGP 330 million on September 26, 2024. Offer per share is EGP 0.78 per share. Amoun aims to acquire a majority stake in Atlas, ranging from 51% to 90%. The transaction is subject to The Financial Regulatory Authority. Reported Earnings • Sep 19
Second quarter 2024 earnings released: EPS: ج.م0.003 (vs ج.م0 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.003 (up from ج.م0 in 2Q 2023). Revenue: ج.م21.9m (up 80% from 2Q 2023). Net income: ج.م802.5k (up ج.م1.53m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 09
First quarter 2024 earnings released: ج.م0.004 loss per share (vs ج.م0.003 profit in 1Q 2023) First quarter 2024 results: ج.م0.004 loss per share (down from ج.م0.003 profit in 1Q 2023). Revenue: ج.م3.11m (down 56% from 1Q 2023). Net loss: ج.م2.40m (down 235% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: ج.م0 (vs ج.م0.002 loss in FY 2022) Full year 2023 results: EPS: ج.م0 (improved from ج.م0.002 loss in FY 2022). Revenue: ج.م36.2m (up 73% from FY 2022). Net loss: ج.م276.6k (loss narrowed 75% from FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Mar 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ج.م308.1m (US$6.22m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (ج.م29m revenue, or US$582k). Market cap is less than US$10m (ج.م308.1m market cap, or US$6.22m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Dec 03
Third quarter 2023 earnings released: ج.م0.001 loss per share (vs ج.م0.003 loss in 3Q 2022) Third quarter 2023 results: ج.م0.001 loss per share (improved from ج.م0.003 loss in 3Q 2022). Revenue: ج.م4.33m (up 49% from 3Q 2022). Net loss: ج.م926.0k (loss narrowed 54% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Jul 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.7% per year over the past 5 years. Revenue is less than US$1m (ج.م24m revenue, or US$765k). Market cap is less than US$10m (ج.م216.2m market cap, or US$7.00m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • Jun 06
First quarter 2023 earnings released First quarter 2023 results: Revenue: ج.م7.10m (up 63% from 1Q 2022). Net income: ج.م1.77m (up ج.م1.74m from 1Q 2022). Profit margin: 25% (up from 0.7% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 04
Third quarter 2022 earnings released: ج.م0.003 loss per share (vs ج.م0.002 loss in 3Q 2021) Third quarter 2022 results: ج.م0.003 loss per share (further deteriorated from ج.م0.002 loss in 3Q 2021). Revenue: ج.م2.90m (up 18% from 3Q 2021). Net loss: ج.م2.02m (loss widened 102% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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 09
Second quarter 2022 earnings released: EPS: ج.م0.002 (vs ج.م0.001 loss in 2Q 2021) Second quarter 2022 results: EPS: ج.م0.002 (up from ج.م0.001 loss in 2Q 2021). Revenue: ج.م8.19m (up 56% from 2Q 2021). Net income: ج.م1.50m (up ج.م2.21m from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 40% per year, which means it is well ahead of 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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 • Apr 07
Full year 2021 earnings released: ج.م0.007 loss per share (vs ج.م0.001 loss in FY 2020) Full year 2021 results: ج.م0.007 loss per share (down from ج.م0.001 loss in FY 2020). Revenue: ج.م14.2m (down 37% from FY 2020). Net loss: ج.م4.41m (loss widened ج.م3.84m from FY 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: ج.م0.009 loss per share (vs ج.م0.001 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ج.م22.6m (up 5.5% from FY 2019). Net loss: ج.م571.7k (loss narrowed 6.8% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 03
New 90-day low: ج.م5.99 The company is down 24% from its price of ج.م7.91 on 03 December 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: ج.م6.81 The company is up 21% from its price of ج.م5.65 on 13 August 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 14
New 90-day high: ج.م6.16 The company is up 36% from its price of ج.م4.52 on 16 July 2020. The Egyptian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: ج.م6.13 The company is up 41% from its price of ج.م4.36 on 30 June 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 2.0% over the same period. Announcement • Jul 18
An unknown buyer acquired Atlas for Investment & Food Industries (CASE:ALRA) from Hosny Abbas Hosni Mohamed for EGP 22.5 million. An unknown buyer acquired 7.67% stake in Atlas for Investment & Food Industries (CASE:ALRA) from Hosny Abbas Hosni Mohamed for EGP 22.5 million on July 16, 2020. As per terms of transaction, Hosny Abbas Hosni Mohamed sold 5 million shares in Atlas for Investment & Food Industries.
An unknown buyer completed the acquisition of Atlas for Investment & Food Industries (CASE:ALRA) from Hosny Abbas Hosni Mohamed on July 16, 2020.