| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | ZAR 78.40B | +25.8% |
| Gross Profit | ZAR 24.26B | +71.5% |
| EBITDA | ZAR 25.20B | +54.4% |
| Net Income | ZAR 14.38B | +67.5% |
| Diluted EPS | ZAR 22.88 | +67.7% |
| Free Cash Flow | ZAR 10.79B | +48.8% |
| DPS (FY2025) | $3.21 |
| Trailing yield | 20.67% |
| Payout ratio | 14.6% |
| Growth streak | 2 yrs |
| 5y DPS growth | 30.7% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-06-30 | $3.21 | +44.6% | reported |
| FY20242024-06-30 | $2.22 | +909.1% | reported |
| FY20232023-06-30 | $0.22 | −67.2% | reported |
| FY20222022-06-30 | $0.67 | −39.1% | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 15.45% | 18.66% | 1.68% | 19.77% | 24.21% | 36.69% | 92% | 57% | |
| Operating Margin | −1.17% | 14.78% | −1.77% | 14.40% | 18.74% | 25.96% | 92% | 67% | |
| EBITDA Margin | 10.28% | 23.67% | 6.87% | 21.41% | 26.18% | 32.14% | 92% | 58% | |
| NOPAT Margin | −0.92% | 11.87% | −1.40% | 10.64% | 13.83% | 17.81% | 92% | 71% | |
| Net Margin | −2.87% | 11.66% | −2.47% | 9.78% | 13.78% | 18.35% | 92% | 77% | |
| FCF Margin | 3.63% | 9.25% | 1.66% | 4.68% | 11.64% | 13.76% | 92% | 65% | |
| FCFF Margin | — | 10.47% | — | 6.18% | 12.58% | 14.38% | 88% | 47% | |
| FCFE Margin | 6.50% | 1.25% | 0.39% | 7.83% | 5.62% | 13.99% | 92% | 61% | |
| OCF Margin | 15.41% | 21.04% | 16.24% | 20.19% | 25.11% | 28.89% | 92% | 52% | |
| Gross Profitability | 7.47% | 12.79% | 1.53% | 17.02% | 23.40% | 31.30% | 92% | 92% | |
| Capex Intensity | 11.78% | 11.78% | 14.57% | 15.50% | 13.48% | 15.12% | 75% | 47% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 7 ratios | |||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||
| ▸Leverage · 7 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Per share · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 33.5% vs reported ROE 32.3%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | ZAR 30.64B | ZAR 43.63B | ZAR 42.65B | ZAR 49.27B | ZAR 62.32B | ZAR 78.40B |
| YoY % | +42.4% | -2.3% | +15.5% | +26.5% | +25.8% | |
| Cost of Revenue | ZAR 25.91B | ZAR 35.49B | ZAR 41.93B | ZAR 39.53B | ZAR 47.23B | ZAR 49.63B |
| YoY % | +37.0% | +18.1% | -5.7% | +19.5% | +5.1% | |
| Gross Profit | ZAR 3.34B | ZAR 6.24B | ZAR 718.0M | ZAR 9.74B | ZAR 14.15B | ZAR 24.26B |
| YoY % | +87.1% | -88.5% | +1256.5% | +45.2% | +71.5% | |
| SG&A Expense | ZAR 611.0M | ZAR 1.07B | ZAR 984.0M | ZAR 1.04B | ZAR 1.29B | ZAR 1.65B |
| YoY % | +74.8% | -7.9% | +6.1% | +23.9% | +27.3% | |
| Operating Income | -ZAR 358.0M | ZAR 6.45B | -ZAR 755.0M | ZAR 7.09B | ZAR 11.68B | ZAR 20.36B |
| YoY % | +64.6% | +74.3% | ||||
| Interest Expense | ZAR 661.0M | ZAR 661.0M | ZAR 718.0M | ZAR 994.0M | ZAR 796.0M | ZAR 698.0M |
| YoY % | 0.0% | +8.6% | +38.4% | -19.9% | -12.3% | |
| Interest & Investment Income | ZAR 375.0M | ZAR 331.0M | ZAR 352.0M | ZAR 663.0M | ZAR 809.0M | ZAR 1.50B |
| YoY % | -11.7% | +6.3% | +88.4% | +22.0% | +85.9% | |
| Equity Method Income | ZAR 94.0M | ZAR 83.0M | ZAR 63.0M | ZAR 57.0M | ZAR 81.0M | ZAR 106.0M |
| YoY % | -11.7% | -24.1% | -9.5% | +42.1% | +30.9% | |
| Pretax Income | -ZAR 595.0M | ZAR 6.38B | -ZAR 1.06B | ZAR 6.61B | ZAR 11.77B | ZAR 21.21B |
| YoY % | +78.2% | +80.2% | ||||
| Income Tax | ZAR 255.0M | ZAR 1.26B | -ZAR 46.0M | ZAR 1.72B | ZAR 3.08B | ZAR 6.66B |
| YoY % | +393.3% | +78.9% | +116.0% | |||
| Net Income (incl. NCI) | -ZAR 850.0M | ZAR 5.12B | -ZAR 1.01B | ZAR 4.88B | ZAR 8.69B | ZAR 14.55B |
| YoY % | +77.9% | +67.4% | ||||
| Minority Interest (P&L) | ZAR 28.0M | ZAR 37.0M | ZAR 40.0M | ZAR 63.0M | ZAR 101.0M | ZAR 164.0M |
| YoY % | +32.1% | +8.1% | +57.5% | +60.3% | +62.4% | |
| Net Income | -ZAR 878.0M | ZAR 5.09B | -ZAR 1.05B | ZAR 4.82B | ZAR 8.59B | ZAR 14.38B |
| YoY % | +78.2% | +67.5% | ||||
| EPS (Basic) | -ZAR 1.64 | ZAR 8.42 | -ZAR 1.72 | ZAR 7.80 | ZAR 13.86 | ZAR 23.13 |
| YoY % | +77.7% | +66.9% | ||||
| EPS (Diluted) | -ZAR 1.66 | ZAR 8.25 | -ZAR 1.72 | ZAR 7.77 | ZAR 13.64 | ZAR 22.88 |
| YoY % | +75.5% | +67.7% | ||||
| Weighted Avg Shares (Basic) | 535.3M | 604.3M | 612.5M | 617.6M | 619.4M | 621.8M |
| YoY % | +12.9% | +1.4% | +0.8% | +0.3% | +0.4% | |
| Weighted Avg Shares (Diluted) | 547.2M | 616.4M | 614.6M | 620.5M | 629.7M | 628.7M |
| YoY % | +12.6% | -0.3% | +1.0% | +1.5% | -0.2% | |
| Dividends Declared per Share | ZAR 0 | ZAR 0 | ZAR 0 | ZAR 1 | ZAR 1 | ZAR 2 |
| YoY % | -18.5% | +240.9% | +25.3% | +64.9% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| FY20212021-06-30 | $1.10 | — | reported |
| FY20202020-06-30 | — | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-04-24 | $0.3120 | — | semi-annual | licensed |
| 2025-10-10 | $0.0900 | 2025-10-20 | sa | licensed |
| 2025-04-11 | $0.1200 | — | semi-annual | licensed |
| 2024-10-11 | $0.0500 | — | semi-annual | licensed |
| 2024-04-11 | $0.0780 | — | semi-annual | licensed |
| 2023-10-12 | $0.0400 | — | semi-annual | licensed |
| 2022-10-13 | $0.0100 | — | semi-annual | licensed |
| 2022-04-07 | $0.0300 | — | semi-annual | licensed |
