Page 70 - Profile's Stock Exchange Handbook - 2026 Issue 2
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JSE - ADV                               Profile’s Stock Exchange Handbook: 2026 - Issue 2
                     Advtech Ltd.                 POSTAL ADDRESS: PO Box 2369, Randburg, 2125
                                                  EMAIL: investorrelations@advtech.co.za
                                                  WEBSITE: www.groupadvtech.com
                              ISIN: ZAE000031035   TELEPHONE: 011-676-8000
                              SHORT: ADVTECH      COMPANY SECRETARY: Chantell Crouse
                              CODE: ADH           TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
                              REG NO: 1990/001119/06   SPONSOR: Bridge Capital Advisors (Pty) Ltd.
                              FOUNDED: 1978       AUDITORS: Ernst & Young Inc.
                              LISTED: 1987        BANKERS: Absa Bank Ltd.
        NATURE OF BUSINESS:                       SEGMENTAL REPORTING as at 31 Dec 25 (as a % of Revenue)
                                                                                    43.00%
                                                   Schools
        Founded  in  1978,  the  Advtech  group  is  Africa’s  leading   Tertiary   41.00%
        private  education  provider  and  a  continental  leader   Resourcing      16.00%
        in  quality  education,  training,  skills  development  and   CALENDAR  Expected  Status
        placement services.                       Annual General Meeting  27 May 2026  Confirmed
        The group reports its performance in a segmental structure   Next Interim Results  Aug 2026  Unconfirmed
                                                                          Mar 2027
                                                  Next Final Results
                                                                                   Unconfirmed
        reflecting  the  schools  (split  in  South  Africa  and  Rest  of
        Africa)  and  tertiary  as  two  separate  Education  Divisions   CAPITAL STRUCTURE  Authorised  Issued
        (Schools and Tertiary Divisions), and Resourcing (split in   ADH  Ords no par val    1 000 000 000     554 456 252
        South Africa and Rest of Africa) as the third division.  DISTRIBUTIONS [ZARc]
                                                  Ords no par val   Ldt       Pay      Amt
        SECTOR: ConsDiscr--ConsProducts&Servcs--ConsServcs--EducationServcs  Final No 31  14 Apr 26  20 Apr 26  73.00
        MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2025   Interim No 30  9 Sep 25  15 Sep 25  45.00
         Coronation Fund Managers        29.18%   Final No 29     8 Apr 25  14 Apr 25  63.00
         Public Investment Corporation   17.06%   Interim No 28  10 Sep 24  16 Sep 24  38.00
         Value Capital Partners (Pty) Ltd.   6.91%  LIQUIDITY: Apr26 Avg 2m shares p.w., R83.2m(22.2% p.a.)
        FINANCIAL STATISTICS
                    Dec 25  Dec 24  Dec 23  Dec 22  Dec 21  ADVTECH  40 Week MA  JS4021
        (R ‘000)     Final  Final  Final  Final  Final                                4500
        Turnover   9 330 400  8 520 600 7 859 900 6 960 600 5 917 200                 4000
        Op Inc     2 038 200  1 790 700 1 577 100 1 332 500 1 108 300                 3500
        NetIntPd(Rcvd)  194 800  204 300  189 700  172 600  161 400                   3000
        Tax         507 200  429 600  390 400  332 300  279 700                       2500
        Minority Int  38 600  46 900  47 200  36 500  14 500                          2000
        Att Inc    1 288 000  1 104 700  951 000  805 400  664 900                    1500
        TotCompInc/Loss  1 209 200  1 259 700  941 100  830 800  709 500              1000
        Hline Erngs-CO  1 295 600  1 107 900  950 100  794 100  656 500               500
        Fixed Ass  7 647 900  6 898 500 6 026 900 5 638 200 5 146 200  2022  2023  2024  2025  2026
        Inv in JV    5 400  11 800  11 400  9 200  7 900
        Def Tax Asset  41 300  39 300  39 500  45 300  53 800
        Tot Curr Ass  951 200  1 162 400  930 400  850 300  629 500  SCHOOLS DIVISION
        Ord SH Int  6 720 400  6 144 900 5 449 700 4 905 600 4 377 300
        Minority Int  4 600  34 200  48 600  45 600  31 800
        LT Liab    1 426 900  1 383 300 1 714 200 1 542 900 1 392 300
        Tot Curr Liab  3 145 100  3 214 200 2 257 500 2 433 500 2 265 600
        PER SHARE STATISTICS (cents per share)
        EPS (ZARc)   234.44  201.70  174.40  148.70  123.10
        HEPS-C (ZARc)  235.80  202.20  174.20  146.50  121.60
        Pct chng p.a.  16.6  16.1  18.9  20.5  32.8
        Tr 5yr av grwth %  21.0  18.9  19.8  16.8  12.1
        DPS (ZARc)   118.00  101.00  87.00  60.00  50.00
        Pct chng p.a.  16.8  16.1  45.0  20.0  150.0
        Tr 5yr av grwth %  49.6  52.9  39.7  28.3  25.2
        NAV PS (ZARc)  12 128.04  1 108.27  991.00  892.90  795.10
        3 Yr Beta      0.12  0.29  0.35  0.99  1.16           TERTIARY DIVISION
        Price High    3 800  3 481  2 595  1 985  1 978
        Price Low     2 921  2 328  1 604  1 435  900
        Price Prd End  3 723  3 384  2 454  1 818  1 758  Premium        Mainstream/Vocational
        RATIOS
        Ret on SH Fnd  19.73  18.64  18.15  17.16  15.19
        Ret On Tot Ass  19.01  17.34  17.56  15.83  14.68
        Oper Pft Mgn  21.84  21.02  20.07  19.14  18.73
        D:E            0.44  0.51  0.49  0.54  0.59
        Int Cover     10.41  8.74  8.32  7.80  6.94
        Current Ratio  0.30  0.36  0.41  0.35  0.28
        Div Cover      1.99  2.00  2.00  2.48  2.46
        NUMBER OF EMPLOYEES: 10 227
        DIRECTORS: Whyte G D (Group CEO),
         Boonzaaier J W (Group CFO), Watson Prof A
         (Chair, ind ne), Boggenpoel J (ind ne),
         Christophers H (ld ind ne), Chimhanzi Dr J S
         (ind ne), Lazar S S (ind ne), Smith D L (ind ne),
         van Graan S W (ind ne)
        POPULAR BRAND NAMES: Abbotts College,               RESOURCING DIVISION
         Africa HR Solutions, CA Global, Capsicum
         Culinary Studio, Communicate Recruitment,   Scan the QR code to
         Crawford International, Emeris, Evolve Online   visit our website
         School, Flipper International School, Gaborone International
         School, Junior Colleges, Makini Schools, Network Contracting
         Solutions, Network Recruitment, Pinnacle Colleges, Rosebank
         International College, Rosebank International University College,
         The Bridge Assisted Learning School, The Working Earth,
         Trinityhouse, Vega School, Waterfall School of Business
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