Page 75 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 75

Interim Results                      ADvTECH Limited
                                                                    (“ADvTECH” or “the group”)
                                                                    (Incorporated in the Republic of South Africa)
                               for the six months ended 30 June 2025  Registration number: 1990/001119/06
                                                                    JSE code: ADH  ISIN number: ZAE000031035
                                                                    Income taxation number: 9550/190/71/5
       ADvTECH delivers                                  CAGR   +18%  Interim dividend
       strong revenue                                 24%            per share

       and operating                                                       45.0
       pro t growth                                   21 19.0  22 23.0  23 30.0  24 38.0  25 45.0  cents




              CAGR  +10%      CAGR  +14%       CAGR  +16%
         13%              18%              20%


          2 860  3 380  3 932  4 274  4 683  514  612  754  865  982  55.1  67.3  84.3  97.7  113.0  Ambition
         21  22  23  24  25  21  22  23  24  25  21  22  23  24  25  ADvTECH’s intent is to
         Group            Operating       Normalised                 lead in every market
         revenue          pro t           earnings per share         segment in which we
                                                                     choose to operate and to
            10%              14%             16%                     become the employer of
                                                                     choice in the resourcing
         R4 683 million  R982 million     113.0 cents                and education sectors.

                                                      The ADvTECH Advantage
          Return on invested   Enrolment growth
          capital (%)                                 Consistent, superior academic outcomes
                                                      Strong, di erentiated brand portfolio with clear
                                   CAGR  +13%
                               7%                     Expanding African footprint, expertise and infrastructure
                                                      Industry-leading application of technology and
                  15.3  15.7                          proprietary, AI-enhanced learning tools
              13.7
          12.1                                        160-strong central academic team
                                79 550  84 341  88 631  93 728  105 710  Strongly cash generative with a robust balance sheet
          21  22   23  24      21  22  23  24  25     A trusted corporate citizen with signi cant ESG
                                                      and CSI initiatives
       Divisional performance
       (Comparison to previous period)  Operating margin (%)               Operating margin (%)
        Schools                                  Tertiary
        SOUTH AFRICA
        REVENUE     OPERATING PROFIT             REVENUE     OPERATING PROFIT
           11%         12%                           13%        14%
                                  18.6  19.0  20.1  20.3  20.6             22.9  23.8  25.0  25.8  25.9
        R1 722 million R354 million  21  22  23  24  25  R1 911 million R496 million  21  22  23  24  25

         REST OF AFRICA                          Resourcing
        REVENUE     OPERATING PROFIT             REVENUE     OPERATING PROFIT
           31%         34%                           5%         2%
                                  13.5  18.1  24.7  28.7  29.4             3.6  5.2  5.9  6.3  6.5
        R281 million  R83 million  21  22  23  24  25  R769 million  R50 million  21  22  23  24  25

                          The group is uniquely positioned to enrich people’s lives through being the leader in teaching and
            Prospects     learning across the African continent. ADvTECH’s sound balance sheet, strong cash generation, growing
                          scale and expertise in Africa and our unrelenting focus on extending competitive advantage, position
                          us well to maintain our positive growth trajectory and invest with con dence in areas of opportunity.
   70   71   72   73   74   75   76   77   78   79   80