Page 169 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 169

Profile’s Stock Exchange Handbook: 2025 - Issue 4                        JSE - POW
                   Powerfleet Inc.                              PPC Ltd.

       ISIN: US73931J1097   SHORT: POWER   CODE: PWR  ISIN: ZAE000170049   SHORT: PPC   CODE: PPC
       REG NO: 7272486   FOUNDED: 2019   LISTED: 2024  REG NO: 1892/000667/06   FOUNDED: 1892   LISTED: 1910
       NATURE OF BUSINESS: Powerfleet is a global leader of Internet-of-  NATURE  OF  BUSINESS:  PPC  is  a  trusted  provider  of  cement,
        Things (“IoT”) solutions providing valuable business intelligence for   aggregates,  readymix  and  fly  ash  across  South  Africa,  Botswana
        managing high-value enterprise assets that improve operational   and  Zimbabwe.  PPC  also  offers  dedicated  technical  expertise  to
        efficiencies.  Powerfleet  is  headquartered  in Woodcliff  Lake,  New   help customers optimise product perfomance.
        Jersey, with offices located around the globe.  SECTOR: Inds--Constr&Mats--Constr&Mats--Cement
       SECTOR: Telecoms--Telecoms--TelecomEquipment--TelecomEquipment  NUMBER OF EMPLOYEES: 0
       NUMBER OF EMPLOYEES: 0                    DIRECTORS: Gobodo N (ind ne), Hansen B M (ne), Maphisa K (ne),
       DIRECTORS: Jacobs I (ind ne, USA), Martin A (ind ne), McConnell M   Mkhondo N L (ind ne), Smith D L (ne), Thompson M (ind ne),
        (ind ne, USA), Brodsky M (Chair, ind ne, USA), Towe S (CEO, British)  Moleketi P J (Chair, ind ne), Cardarelli M (CEO), Berlin B (Group CFO)
       MAJOR ORDINARY SHAREHOLDERS as at 25 Mar 2024   MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025
        ABRY Senior Equity Holdings V, LLC   18.07%   Value Capital Partners        15.85%
        Cannell Capital, LLC              15.22%   M&G Investments                  13.86%
        Lynrock Lake LP                    9.69%  Camissa Asset Management (Pty) Ltd.   11.19%
       POSTAL ADDRESS: 123 Tice Boulevard, Woodcliff Lake, New Jersey,   POSTAL ADDRESS: PO Box 787416, Sandton, 2146
        07677, USA                               MORE INFO: www.sharedata.co.za/sdo/jse/PPC
       MORE INFO: www.sharedata.co.za/sdo/jse/PWR  COMPANY SECRETARY: Kevin Ross
       COMPANY SECRETARY: David Wilson           TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  SPONSOR: Questco Corporate Advisory (Pty) Ltd.
       SPONSOR: Java Capital Trustees and Sponsors (Pty) Ltd.  AUDITORS: PwC Inc.
       AUDITORS: Ernst & Young LLP               CAPITAL STRUCTURE      Authorised   Issued
       CAPITAL STRUCTURE      Authorised  Issued  PPC    Ords no par val    10 000 000 000    1 553 764 624
       PWR     Ords USD0.01 ea      -     133 926 955  DISTRIBUTIONS [ZARc]
       LIQUIDITY: Oct25 Avg 26 205 shares p.w., R3.0m(1.0% p.a.)  Ords no par val  Ldt  Pay  Amt
                                                 Final No 227   24 Jun 25  30 Jun 25  17.60
         POWER  40 Week MA  ALSH
                                           16000  Special No 226  17 Sep 24  23 Sep 24  33.50
                                           15000  LIQUIDITY: Oct25 Avg 12m shares p.w., R57.9m(40.8% p.a.)
                                           14000
                                           13000   PPC  40 Week MA  CONM
                                           12000                                     600
                                           11000                                     500
                                           10000
                                                                                     400
                                           9000
                                           8000                                      300
                                           7000
        May 2024  Jul 2024  Sep 2024 Nov 2024 Jan 2025 Mar 2025 May 2025  Jul 2025  Sep 2025  200
       NOTE: Powerfleet has changed its year end from 31 December to                 100
        31 March.                                                                    0
       FINANCIAL STATISTICS                       2021   2022   2023   2024   2025
       (R ‘000)            Jun 25   Mar 25   Dec 23   FINANCIAL STATISTICS
                          Quarter  Final   Final              Mar 25  Mar 24   Mar 23   Mar 22   Mar 21
       Turnover           104 121  362 515  133 736  (R million)  Final  Final Final(rst) Final(rst)  Final
       Op Inc              - 2 039  - 25 885  - 12 557  Revenue  9 871  10 058  8 399  9 882  8 938
       NetIntPd(Rcvd)       6 590  19 404  1 499  Op Inc        982  619   117   522  1 051
       Minority Int           -      18      35  NetIntPd(Rcvd)  43  89     97   230   268
       Att Inc            - 10 234  - 51 012  - 17 307  Minority Int  -  -  93   - 17  - 307
       TotCompIncLoss         -       -   - 16 713  Att Inc     466  510  - 667  - 60  189
                                                                     554
                                                                459
       Fixed Ass           62 712  12 719  12 383  TotCompIncLoss  5 580  5 894  - 2 887  - 1 519  - 3 221
                                                                          7 331
                                                 Fixed Ass
                                                                                      9 577
                                                                                9 255
       Tot Curr Ass       167 779  169 788  82 025  Tot Curr Ass  2 990  3 193  2 759  2 711  2 676
       Ord SH Int         460 730  38 531  57 542  Ord SH Int  5 763  5 970  5 725  7 350  6 883
       Minority Int         150     105     102  Minority Int   - 75  - 73  617  22   - 153
       LT Liab            313 299  136 181  21 612  LT Liab    1 656  1 637  2 420  3 053  2 855
       Tot Curr Liab      156 603  43 590  58 556  Tot Curr Liab  1 672  2 021  1 725  1 781  6 222
       PER SHARE STATISTICS (cents per share)    PER SHARE STATISTICS (cents per share)
       HEPS-C (ZARc)          -   - 788.19  - 1 366.04  HEPS-C (ZARc)  40.00  19.00  - 20.00 -  - 3.00 -  3.00 -
                                                                    13.70
                                                               17.60
                                                 DPS (ZARc)
       NAV PS (ZARc)      7 624.61  6 328.15  2 719.93  NAV PS (ZARc)  370.91  384.23  368.46  461.36  432.05
       Price High          10 873  13 277     -  3 Yr Beta     1.71  1.36  1.55  1.11  1.36
       Price Low            7 213   7 000     -  Price High     526  402   432   591   256
       Price Prd End        8 101  13 200     -  Price Low      292  215   186   244   43
       RATIOS                                    Price Prd End  460  330   292   425   240
       Ret on SH Fnd        - 8.88  - 39.56  - 12.52  RATIOS
       Oper Pft Mgn         - 1.96  - 7.14  - 9.39  Ret on Shh Int  8.19  8.65  - 9.05  - 1.04  - 1.75
       D:E                  0.76    1.07    0.31  Oper Pft Mgn  9.95  6.15  1.39  5.28  11.76
       Current Ratio        1.07    3.90    1.40  D:E          0.29  0.37  0.43  0.47  0.67
                                                 Current Ratio  1.79  1.58  1.60  1.52  0.43
                                                 Div Cover     1.82  1.97   -     -     -
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