Page 73 - Profile's Stock Exchange Handbook - 2025 Issue 1

ADvTECH Limited
(“ADvTECH” or “the group”)
(Incorporated in the Republic of South Africa)
Registration number: 1990/001119/06
JSE code: ADH
ISIN number: ZAE000031035
Income taxation number: 9550/190/71/5
Interim results

For the six months ended 30 June 2024

ADvTECH delivers strong first half results

ong demand f
a
y educ
oss all of our chosen mark
tion persists acr
ets
or qualit
Str
Strong demand for quality education persists across all of our chosen markets
Cementing our position as the leading provider of private education on the
African continent
Group revenue Operating profit Normalised Interim dividend per share
R4 274 million R865 million earnings per share 38.0 cents
9% 15% 16% 27%
CAGR 26%
(R’m) (R’m) (cents)
CAGR 14% CAGR 19% CAGR 21% 19.0
2 860 3 380 3 932 4 274 514 612 754 865 55.1 67.3 84.3 97.7 23.0 30.0 38.0
21 22 23 24 21 22 23 24 21 22 23 24 21 22 23 24

Divisional performance

(Comparison to previous period)
SCHOOLS Operating margin SCHOOLS Operating margin
SOUTH AFRICA REST OF AFRICA
Revenue 11% Revenue 11% 13.5%
R1 556 million R214 million
Operating profit 12% 18.6% 19.0% 20.1% 20.3% Operating profit 29% 18.1% 24.7% 28.7%
R316 million R62 million
21 22 23 24 21 22 23 24
Operating margin Operating margin
TERTIARY Operating margin RESOURCING Operating margin

Revenue 13% Revenue 3%
R1 693 million 22.9% 23.8% 25.0% 25.8% R810 million
Operating profit 16% 22.9% 23.8% 25.0% 25.8% Operating profit 3% 3.6% 3.6% 5.2% 5.2% 5.9% 5.9% 6.3% 6.3%
R436 million 21 22 23 24 R51 million 21 22 23 24
21 22 23 24 21 22 23 24

Prospects
Uniquely positioned to enrich Unrelenting focus on extending Growing scale and expertise
people’s lives competitive advantage in Africa
Leaders in teaching and learning Strong demand for quality education Investing with confidence in
across the African continent persists across all of our chosen markets areas of opportunity