Slides
Page 1
Interim Financial Results for the 6 months ended 31 August 2026 HY27
Page 2
Financial Highlights
Page 3
Transformed earnings and cash-generation profile Growth in cash generated from operations Continuing operations unless otherwise specified 3% +32% Group annuity revenue % 58% 68% Platform annuity revenue % 82% 92% HY24 HY27 HY27 Strong start to Transformative Growth strategy Reflective of our deliberate focus on deployment of capital into higher-margin, annuity-revenue growth opportunities Increased quality and predictability of our earnings EBITDA to operating cash conversion 1 (HY26: 81%). Cash generated from operations +32% (HY26: R762m) Strong balance sheet R800m+ net cash, after R755m dividend payment in June 2026 3 EBITDA+16% (HY26: R938m)
Page 4
Revenue R5.1bn EBITDA R1.1bn Operating profit R622m HEPS 109cps Cash generated from operations R1.0bn EPS 96cps Strong performance from continued operations Variance to prior period +16%+5% +13% +32%+14%+14% 4 % Commentary relates to continuing operations unless specified otherwise.
Page 5
559 713 762 1005 HY24 HY25 HY26 HY27 Cash generated from operations (continuing Rm) Growing operating profit, expanding margins, increasing HEPS Deliberate strategic shift to platform-based businesses with annuity revenue enhances cash conversion Increase dividends 25 40 48 55 HY24 HY25 HY26 HY27 Ordinary Dividend per share (cents) 28 79 96 109 HY24 HY25 HY26 HY27 HEPS (continuing) ▲ 14% ▲ 15% 5 Pay-out ratio of 50% Earnings converted into shareholder returns while retaining flexibility 3-year CAGR 57% 3-year CAGR 30% ▲ 32% 3-year CAGR 22%
Page 6
6 SECURITY DIGITAL BUSINESS DOCUMENT SOLUTIONS IT Services and Distribution Multi-platform ecosystem Digital identity Revenue: R1.3bn | Annuity: 94% EBITDA: R619m EBITDA contribution : 57% EBITDA margin: 48% Mobility Payments Healthcare Revenue: R858m | Annuity: 87% EBITDA: R324m EBITDA contribution : 30% EBITDA margin: 38% Revenue: R205m | Annuity: 98% EBITDA: R76m EBITDA contribution : 7% EBITDA margin: 37% Revenue: R207m | Annuity: 80% | EBITDA: R37m | EBITDA contribution : 3% | EBITDA margin: 18% Cash generated from operations: Strong balance sheet +32% Operating cash to EBITDA conversion: HY26: 81% HY27 Platforms Operating profit Contributing2 to Altron Group FINTECH HEALTHTECH SECURITY 1 1. As disclosed at FY26, Altron Security remains fully included within the IT Services segment, consistent with previously reported segmental disclosure. 2. shares are of segment operating profit before corporate costs; on a group basis Platforms is more than 95% of operating profit. Revenue: R2.9bn | EBITDA: R155m EBITDA margin: 5% Revenue: +5% EBITDA: +16% EBITDA margin : HY26: 19.4% Operating profit : Operating profit margin : HY26: 11.4% after R755 m dividend payment in June 2026 +13% A diversified earnings base underpinned by platform businesses
Page 7
Strategy
Page 8
Assets, operators, insurance value >2.7m connected devices Mobility Payments Healthcare Payments, collections, transaction switching, enabling SMEs and onboarding Patients, care pathways, transaction switching, NHI interoperability Technology Enablement Delivering scaling capabilities across the group Support customers in navigating highly complex technology environments, leveraging AI Factory capabilities 8 Data insights and Altron AI Factory FINTECH HEALTHTECH Digital identity Who you are, Smart ID, Biometric , Altron embedded Growing relevance of digital identity and trusted digital transactions across AfricaSECURITY 1 Data insights established over 30+ years Identity unlocks participation → Participation generates transactions → Transactions create data insights → Data insights unlock value Distribution DIGITAL BUSINESS DOCUMENT SOLUTIONS IT Services Defined role in South Africa’s digital economy | Positioned to execute An established South African technology company with a multi-platform and data insights ecosystem, combining scaled platform businesses, valuable data assets, IT Services and established technology enablement capabilities. Data insights and Altron AI Factory
Page 9
9 Positioned to execute | Defined role in South Africa’s digital economy Operating in high growth, structurally relevant markets , benefiting from long-term growth trends that outpace the broader South African economy Altron Digital Business: Enterprise technology modernisation for increasingly complex digital environments SA Digitalisation inflection point High growth 5-year Market CAGRs* Only Altron has Altron’s Role SA’s digital infrastructure build-out in an accelerating digital economy +18% Video Telematics +16% FinTech & payments +21% Digital Health +38% Digital signing +15% Digital identity 180 bn + data points >2.7m connected devices across a 2.27m subscriber base 5 000 + SMEs R50bn + debit orders processed per year ~22 000 private practices 105m + transactions switched National Public Key Infrastructure Aftermarket Telematics +13%+17% OEM embedded Telematics Altron Security: Identity & digital trust infrastructure Netstar: Connected mobility & safety Altron HealthTech: Data-driven healthcare Altron Arrow: Digital infrastructure enablement Informal economy: Digital financial inclusion OEM embedded telematics Informal economy to formal transition Mobile first population and mobile payments live Digital Health Digital Identity Altron FinTech: Payment rail modernisation AI & Data: AI-powered automation and analytics deploying proven AI capabilities across our operating companies Altron Document Solutions: Digital workflow automation
Page 10
Deploying proven capabilities across the operating companies to improve productivity, optimise costs and derive more value from our platforms and data insights . 10 accelerated computing and Al Enterprise software Al-enabled use cases deployed across the Group Proven internal capabilities packaged for customers Only where compelling opportunities exist Built on the platforms, data insights and customer ecosystems we already run Measured against productivity, cost and customer outcomes Value first inside Altron, then outward. Altron’s Al Factory is a key enabler of Transformative Growth 1 2 3 OCT 2025 • LAUNCH YEAR ONE • REALISING VALUE NEXT • EXTENDING South Africa's first operational Al Factory Adoption ahead of expectations Selectively extending into customer-facing solutions launch customers curated models available at launch employees applying paid Al tooling daily developers building solutions in the Al Factory tokens produced across Al Factory services daily
Page 11
Operating performance
Page 12
489 540 619 43% 44% 48% HY25 HY26 HY27 EBITDA EBITDA margin Netstar | Investment for long-term growth Continued SA performance Growth in Annuity Revenue EBITDA margin Subscriber base +8% to 2.3m • SA subscribers excl. OEM +11% • Consumer subscribers +9% • Higher margin, SA enterprise subscribers +17% Churn stable at ~16% • Australia stabilised, growth lags SA business +6% revenue to R1.3bn: • Annuity revenue +11% to R1.2bn 94% of revenue • Lower hardware sales in non-annuity revenue +15% EBITDA | 370 bps margin expansion: • Driven by the SA business (including OEM) FY27 a deliberate investment year: • Platform modernisation and customer acquisition for the next phase of growth • Set up for SA’s evolving mobility ecosystem of connected vehicles, OEM-integrated telematics and data-driven solutions 94% annuity revenue (HY26: 90%) 12 1025 1111 1224 110 117 751135 1228 1299 HY25 HY26 HY27 Annuity revenue (Rm) Non-annuity revenue (Rm) ▲ 15%▲ 6% ▲11%
Page 13
495 644 742 112 106 116 607 750 858 HY25 HY26 HY27 Annuity revenue (Rm) Non-annuity revenue (Rm) +14% revenue growth to R858m: Strong Payment and Collection performance • Healthy customer acquisition, particularly SME customers • Number and value of debit orders +14% 87% annuity revenue (HY26: 86%) • Strong growth in POS device rentals +61% to over 30 000 +18% EBITDA to R324m • 130 bps margin expansion • Benefitting from scale and operating leverage in it’s payments ecosystem Well positioned for SA payments modernisation programme and digitalisation of SME and informal economies ALTRON FinTech | FY26 momentum continues in HY27 Customer acquisition and volumes drives growth Annuity Revenue up to 87% 18% EBITDA growth at 38% margin 87% annuity revenue (HY26: 86%) 13 232 274 324 38% 37% 38% HY25 HY26 HY27 EBITDA EBITDA margin ▲ 14% ▲ 18%
Page 14
55 67 76 27% 33% 37% HY25 HY26 HY27 EBITDA EBITDA margin ALTRON HealthTech | Solid profit and cash generation Performance overview Annuity Revenue EBITDA 98% annuity revenue (HY26: 99%) +2% revenue to R205m • 98% annuity +13% EBITDA | +380ps margin expansion: • lifting margin and delivering operating leverage • Solid profitability and cash generation Customer acquisition • 5 new corporate logos, • +1 000 new private practices added: 1.9x acquisition to churn ratio Healthcare data insights • 100m+ claims switched, value R120bn+ (annually) • Serving 20 000+ medical practices Cash-generative business with a strong market position • investment in past 3 years • accelerating revenue through corporate market execution ▲ 2% ▲ 13% 14 201 201 205 59 62 64 HY25 HY26 HY27 Revenue Rm Switching value processed Rbn
Page 15
Operating performance
Page 16
442 447 684 488 395 397 645 600 473 44 19 18 1619 1461 1572 HY25 HY26 HY27 Software Revenue Rm System Integration and Professional services revenue Rm Outsourcing and Managed services revenue Rm Infrastructure revenue Rm 47 -32 32 3% -2% 2% HY25 HY26 HY27 EBITDA EBITDA margin ALTRON Digital Business | Returning to revenue growth Challenging IT Services market continues Profit margins restored 49% annuity revenue (HY26: 53%) +8% revenue to R1.6bn: • Order intake and contract renewals improved Back to profitability: • EBITDA R32m (HY26: loss of R32m) Turnaround actions delivering: • Stronger leadership and sales execution • A repositioning towards greater customer relevance and solutioning AI Factory positively impacting service delivery and customer outcomes • supports renewals, stronger executions and new proof-of-concept engagements, leading to higher quality work Group’s technology enablement business, helping: • Customers navigate complex IT environments • Support delivery and scaling group capabilities Launched 2026 Financials Services Benchmark Report How technology shapes employee experience. ▲ 8% * * 16 HY26 Growth outpacing market
Page 17
80 78 37 32% 31% 18% HY25 HY26 HY27 EBITDA EBITDA margin ALTRON Security | Result impacted by timing of revenue recognition Performance overview Revenue EBITDA -18% revenue to R207m: • Impacted by software revenue recognition timing in the platform business (identity and digital signing). -53% EBITDA to R37m: • Revenue recognition issue impacted profitability in platforms ~80% annuity revenue from platform businesses: • The growth opportunity in national digital identity, PKI and digital signing intact Zambia National PKI deployed in HY27: • Trust foundation required for digital identity, digital signatures and secure online services • Growing relevance across Africa. ▼ 53% 17 80% annuity revenue (HY26: 87%) 207 222 177 26 15 12 14 15 18 247 252 207 HY25 HY26 HY27 Software Revenue Rm Outsourcing & Managed services revenue Rm System Integration & Professional services revenue Rm ▼ 18%
Page 18
731 697 722 HY25 HY26 HY27 Revenue (Rm) ▲ 4% ALTRON Document Solutions | Continued momentum Winning share in a constrained market Improved revenue mix Cross and upsell Consistent growth in margins +4% revenue to R722m in a challenging print and IT services market • Encouraging revenue +5% on H2 FY26, which usually benefits from exam printing volumes • Improved product and service mix continues +30% EBITDA to R60m • 170 bps margin expansion to 8.3% • Operational discipline and effective cost management Expanding revenue streams, growing demand for • Managed services and digital workflow solutions • AI-enabled software and support services Enhanced customer service through • Agile and faster solution building and delivery time-frames • Service channel modernisation, including remote and self-service capabilities ▲ 30% 18 46% annuity revenue (HY26: 46%) 30 46 60 4% 7% 8% HY25 HY26 HY27 EBITDA EBITDA margin
Page 19
Operating performance
Page 20
235 151 267 141 137 121 376 288 388 HY25 HY26 HY27 Commodity Revenue Rm Innovative revenue Rm 35 19 26 9% 7% 7% HY25 HY26 HY27 EBITDA EBITDA margin ALTRON Arrow | Strong HY27 | Entered FY27 with positive momentum Improving outlook, exiting down cycle Efficient and lean Strong growth coming out of down cycle EBITDA increased Cash generative value engine +35% revenue to R388m: • Through the bottom of the cycle, with the order book growing • Positive book-to-bill for the first time in two years +37% EBITDA to R26m: • EBITDA margin held at 7% Efficient and lean business coming out of restructuring during cyclical downturn, Nvidia-powered AI solutions through the partnership with Asus: • Key role securing NVIDIA infrastructure and software for AI Factory ▲ 35% 20 ▲ 37%
Page 21
Financial
Page 22
Financial results | Summarised income statement Period ending 31 August 2026 R million Reported Continuing HY27 Reported Continuing HY26 Reported Continuing % Change Revenue 5 063 4 825 5 EBITDA* 1 090 938 16 EBITDA margin (%) 21.5 19.4 Operating profit* 622 549 13 Operating profit margin (%) 12.3 11.4 Net finance expense (27) (31) 13 Headline earnings 422 367 15 Net profit after tax 385 330 17 HEPS (cents) 109 96 14 Earnings per share (cents) 96 84 14 Interim dividend (cents) 55 48 15 22 * EBITDA and Operating profit stated before capital items Continuing operations
Page 23
DistributionIT ServicesPlatformsDistributionIT ServicesPlatforms 1 943 2 179 2 362 2 597 2 410 2 501 376 288 388 HY25 HY26 HY27 HY25 HY26 HY27 HY25 HY26 HY27 Platforms IT Services Distribution Financial results | Focusing on profitable revenue (Rm) ▲ 8% Grow profitable revenue Grow Operating profit 23 ▲ 4% ▲ 35% Continuing operations Revenue (Rm) Operating profit (Rm) ▲ 13% 415 547 619 120 61 99 35 18 24 HY25 HY26 HY27 HY25 HY26 HY27 HY25 HY26 HY27 Platforms IT Services Distribution ▲ 62% ▲ 33%
Page 24
Financial results | Improving operating leverage (Rm) Expand gross margin Manage operating expenses ▲ 4% ▲ 1% 24 1930 2039 2125 40% 42% 42% HY25 HY26 HY27 Gross margin Rm (continuing) Gross margin % (continuing) 1453 1490 1503 30% 31% 30% HY25 HY26 HY27 Operating expenses Rm (continuing) Operating expense margin % (continuing) Continuing operations
Page 25
622 549 72 38 6 43 Statutory HY26 Platforms IT Services Distribution Other Statutory HY27 ▲ 13%YoY ▲ 13% Financial results | Operating profit movement by segment (Rm) ▼ 56% 25 * ▲ 33%▲ 62% Continuing operations
Page 26
Financial results | Group working capital analysis (Rm) * Excludes the impact of acquisitions and disposals R111 m change in of working capital 26 1 597 57 27 32 5 1,708 FY26* Platforms IT Services Distribution Other HY27
Page 27
Financial results | Group capex focused on growth (Rm) R406m growth capital expenditure 91% of total capital expenditure R447m capital expenditure R406m Growth CAPEX 29 28 41 108 94 95 211 216 276 11 32 35 HY25 HY26 HY27 Altron FinTech capital rental devices (Rm) Netstar capital rental devices (Rm) Growth capex (excl Netstar and Altron FinTech capital rental devices) (Rm) Maintenance capex (Rm) 276 35 70 16 9 Netstar capital rental devices (Rm) Altron FinTech capital rental devices (Rm) Systems and platforms (Rm) User experience (Rm) Internally generated intangibles (Rm) 370 359 447 ▲ 21% 27
Page 28
2 037 1 590 1 347 1 005 (152) 28 (175) (16) (41) (406) (755) 835 FY26 net cash and cash equivalents Cash generated by operations Net taxation paid Investment activities excl CAPEX Lease payments Net finance expense Cash available for capital investment Maintenance CAPEX Growth CAPEX Cash available for capital providers Net dividends paid HY27 net cash and cash equivalents Financial results | Group cash flow (Rm) Our capital allocation framework 28
Page 29
Cash Generation Organic Investment Shareholder Returns Capital allocation framework Operating cash flow Foundation Growth Returns Flexibility Horizon 3 Strong Position M&A Ready R 1bn 91% >50% R 406m R 755m R 1.95bn Balanced capital allocation: Organic growth | Shareholders returns | Strategic flexibility To growth CAPEX Platform focus HEPS Dividend policy Paid in HY27 Cash Available Debt Commitment to consistent returns Driven by strong annuity platform businesses Debt covenant limit: <2x EBITDA cover Operating cash/ EBITDA Conversion >90% Focused on highest return opportunities Executed with financial discipline Targeted Platform growth opportunities R 835m 29 Strategic relevance & create long-term value
Page 31
Outlook | Targeted medium-term (3-5 year) guidance Platforms Operating profit margin targets IT services Operating profit margin targets Medium-term (3 – 5 year) targetFY26FY24 Medium-term (3 – 5 year) targetFY26FY24 Return on invested capital Operating environment is expected to remain constrained, which may continue to impact IT services growth in the near term Capital allocation is weighted to investing in the platforms segment Maintain dividend policy of paying out at least 50% of HEPS from continuing operations Group effective tax rate expected to normalise to statutory tax rate 1 2 Cash conversion 17% +26% +26% 4% +7%2% 31 Annuity revenue streams Operating profit growth Revenue growth in the platforms segment Since repositioning, IT Services growth outpacing market Cash generative Structurally linked to growth of the economy Capabilities of Altron’s AI Factory enhance productivity, delivery efficiency and customer outcomes
Page 32
Interim Financial Results for the 6 months ended 31 August 2026 HY27 Questions
Page 34
@2026 Altron All Rights Reserved. 34 Definitions Capital items Capital items are items of income and expense relating to the impairment, subsequent reversal of impairment and disposal gains or losses of property, plant and equipment, right-of-use assets, investments, subsidiaries, intangible assets and capital items written off. Capital rental devices Capital rental devices relates to hardware costs that Altron supplies to its customers as part of service agreements. Continuing operations Continuing operations include Netstar, Altron FinTech, Altron HealthTech, Altron Digital Business, Altron Security, Altron Document Solutions, Altron Arrow and excludes Altron Nexus. Comparative information has been restated for the reclassification of Altron Document Solutions as a continuing operation. Depreciation Netstar revised its depreciation policy at the start of the financial year FY26, increasing the depreciation period for eligible capital rental devices from three to an average of five years, based on an independently calculated useful life assessment. This adjustment better aligns the depreciation pattern of these assets with their economic lifespan and industry norms. The change in estimate is applied prospectively from the start of FY2026. As a result, the depreciation expense was approximately R136 million lower for the period than it would have been under the previous policy. EBITDA Earnings before interest, taxation, depreciation, amortisation, capital items, equity accounted profits and foreign exchange gains and losses on cash and cash equivalents. Operating profit Operating profit before depreciation, amortisation and capital items. Pension fund expense In 2025 the Group took a decision to enhance the pension fund members’ benefits by distributing a portion of the pension fund surplus to our current members and pensioners. This is a non -cash, non- trading event where the funds are allocated from the surplus account to the members’ benefit accounts. IFRS requires this to be reflected as an expense in the income statement for past service costs.
Page 35
Annexure
Page 36
Period ending 31 August 2026 R million Revenue HY27 Revenue HY26 EBITDA HY27 EBITDA HY26 Operating profit HY27 Operating profit HY26 Platforms 2 362 2 179 1 019 881 619 547 Netstar 1 299 1 228 619 540 248 225 Altron FinTech 858 750 324 274 300 257 Altron HealthTech 205 201 76 67 71 65 IT Services 2 501 2 410 92 92 99 61 Altron Digital Business 1 572 1 461 32 (32) 22 (42) Altron Document Solutions 722 697 60 46 48 33 Altron Security 207 252 37 78 29 70 Distribution 388 288 26 19 24 18 Altron Arrow 388 288 26 19 24 18 Other (188) (52) (84) (54) (120) (77) Continuing operations 5 063 4 825 1 090 938 622 549 Netstar (excl. change in estimate on Capital rental devices) 1 228 540 160 Continuing operations (excl. change in estimate on Capital rental devices) 4 825 938 484 36 Annexure | Summarised performance
Page 37
Period ending 31 August 2026 R million Statutory HY27 Statutory HY26 % Change (Statutory) Total non-current assets 4 869 4 612 6 Total current assets 4 604 3 912 18 Total assets 9 473 8 524 11 Total equity 4 239 4 269 (1) Total non-current liabilities 2 178 1 623 34 Total current liabilities 3 056 2 632 16 Total equity and liabilities 9 473 8 524 11 Net debt 237 76 (>100) NAV per share (cents) * 1 084 1 117 (3) * Net shares in issue: HY27 391m (FY26: 382m) 37 Annexure | Summarised Group balance sheet
Page 38
Period ending 31 August 2026 R million HY27 HY26 Net debt as reported 237 76 Less: Back-to-back rental finance advances (ADS) (360) (377) Add: Cash excluded from adjusted net debt for covenant ratios 13 14 Adjusted net debt for covenant ratios (110) (287) Covenant ratios Covenant Net debt : Attributable EBITDA < 2.0x (0.05) (0.17) Attributable EBITDA interest cover > 3.5x >100 49.07 38 Annexure | Healthy Group debt levels
Page 39
Revenue R5.1bn EBITDA R1.1bn Operating profit R618m HEPS 108cps Cash generated from operations R1.0bn EPS 95cps Group performance Variance to prior period +20%+3% +20% +28%+44%+24% 39 % 1. Continuing operations include Netstar, Altron FinTech, Altron HealthTech, Altron Digital Business, Altron Security, Altron Document Solutions and Altron Arrow. Discontinued operations includes Altron Nexus, disposed of on 1 August 2025.
Page 40
Platforms Distribution Other*IT services Annexure | Revenue analysis by segment and service (Rm) * Other includes corporate eliminations ▼ 1% ▲ 55% ▲ 14% ▲ 5% 40 1171 1339 405 628 3301 3284 -52 -188 4825 5063 HY26 HY27 Hardware Software Services Elim 161 148 730 812 280 37917 216 380 406 8 6 2001 1998 1300 1283 3 -52 -188 2179 2362 2410 2501 288 388 HY26 HY27 HY26 HY27 HY26 HY27 HY26 HY27 Hardware Software Services Elim Continuing operations
Page 41
4 825 183 91 100 (136) 5 063 370 238 Statutory HY26 IFRS15 revenue Platforms IT Services Distribution Other Statutory HY27 IFRS15 revenue Annexure | Revenue movements by segment (Rm) Agency revenue 5 3015 195 ▲ 8%YoY ▲ 4% ▲ 35% ▲ 5% 41 ▼ >100% Continuing operations
Page 42
938 1 090 138 37 7 30 Statutory HY26 Platforms IT Services Distribution Other Statutory HY27 Annexure | EBITDA movements by segment (Rm) ▲ 16%YoY ▲ 16%▲ 40% ▲ 37% 42 ▼ 56% Continuing operations
Page 43
Distribution Annexure | % Annuity revenue by operating company Platforms IT Services 0% 46% 80% 49% 98% 87% 94% Altron Arrow Altron Document Solutions Altron Security Altron Digital Business Altron HealthTech Altron FinTech Netstar *Continuing operations * 43
Page 44
Annexure | Private vs public revenue contribution 10 36 8 2 5 100 90 64 92 100 98 95 Altron Arrow Altron Document Solutions Altron Security Altron Digital Business Altron HealthTech Altron FinTech Netstar Public % Private % *Continuing operations Platforms IT Services Distribution 44
Page 45
Annexure
Page 46
Payment and collection solutions Credit management solutions Integrated Transaction solutions Card personalisation and issuance Customer profile • Micro Finance Enterprise & SME Customer profile • Enterprise Banks and Government Customer profile • Micro Finance Enterprise and SME Customer profile • Retail and Informal sector Enterprise and SME 46@2026 Altron All Rights Reserved. Revenue - 8 % • VAS Transactions processing fees • Value of loans processed: -21% (R7.2bn) • Number of credit enquiries: -3% (3m) Revenue + 11% • Number of customers + 13% (5K) • Value of debit orders processed + 14% (R28bn) • Number of debit orders processed + 14% (22m) • VAS services Revenue + 6% • Devices sold: + 31% (67) • Devices maintained: - 18% (289) Revenue contribution % 87% Annuity revenue Revenue + 52% • Devices sold: +82% (16k) • Devices rented: +61% (34k) ALTRON FinTech | Revenue drivers
Page 47
ALTRON FinTech | Underlying revenue drivers -8% Credit Management Solutions revenue (4% contribution) Total nr of branches 4 746 | flat +11% Payment and Collection Solutions revenue (72% contribution) Total nr customers 5 419 | +13% 47 6 335 9 096 7 216 3 449 3 190 3 089 HY25 HY26 HY27 Value of loans processed (Rm) Number of credit enquiries ('000) 18 221 24 091 27 529 14 20 22 HY25 HY26 HY27 Debit orders processed (Rm) Number of debit orders (m)
Page 48
ALTRON FinTech | Underlying revenue drivers +52% Integrated Transaction Solutions revenue (15% contribution) +6% Card Personalisation and Issuance revenue (9% contribution) Total nr customers 43 | -3% Devices rented 33 500 | +61% Devices sold 15 500 | +82% 48 Number of Devices sold Nr Devices maintained HY25 HY26 HY27 3 311 8 500 15 500 8 735 20 798 33 500 HY25 HY26 HY27 Devices sold Devices rented
Page 49
Annexure
Page 50
Netstar | Subscribers (‘000) 50 685 685 725 790 928 1 015 1 125 92 197 307 468 595 669 741 83 133 210 305 372 415 402 HY21 HY22 HY23 HY24 HY25 HY26 HY27 South Africa Toyota International ▲ 18% ▲ 22% ▲ 26% 860 1 015 1 242 1 563 1 896 ▲ 21% 2 099 ▲ 11% 2 268 ▲ 8%
Page 51
8% growth in subscribers to +2.3m 243k gross subscribers with 61k net subscriber additions Subscribers (‘000) Net new subscriber additions (‘000) 51 214 243 293 340 386 589 634 722 779 850 439 685 881 980 1 033 HY23 HY24 HY25 HY26 HY27 Enterprise Consumer OEM 18 58 79 52 45 80 130 71 28 16 HY23 HY24 HY25 HY26 HY27 Subscribers EX OEM OEM ▲ 8% 1 896 1 563 1 242 2 099 2 268 24%81 187 98 150 61 Netstar | Growing market share
Page 52
Revenue (SA vs International) (Rm) Revenue (non-annuity vs annuity (incl OEM)) (Rm) 52 648 675 733 819 910 1 025 1 143 116 161 175 200 225 203 156 HY21 HY22 HY23 HY24 HY25 HY26 HY27 South Africa (ex malaysia) International (inc malaysia) 696 747 811 886 1 025 1 111 1 224 68 89 98 133 110 117 75 HY21 HY22 HY23 HY24 HY25 HY26 HY27 Annuity Revenue Non - Annuity Revenue 1 228 1 135 ▲ 6% 764 836 909 1 019 1299 1 228 1 135 ▲ 6% 764 836 909 1 019 1299 Netstar | Revenue analysis (Rm)
Page 53
EBITDA (Rm) Operating profit (Rm) ▲ 15% ▲ 10% 53 297 312 300 364 489 540 619 HY21 HY22 HY23 HY24 HY25 HY26 HY27 111 130 93 101 146 225 248 HY21 HY22 HY23 HY24 HY25 HY26 HY27 Netstar | Profitability analysis (Rm)
Page 54
Disclaimer This report contains forward-looking statements that relate to Altron’s future operations and performance. Such statements are not intended to be interpreted as guarantees of future performance, achievements, financial or other results. They rely on future circumstances, some of which are beyond management’s control, and the outcomes implied by these statements could potentially be materially different from future results. No assurance can be given that forward-looking statements will be accurate; thus, undue reliance should not be placed on such statements. Altron does not undertake any obligations to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of publication of this report or to reflect the occurrence of unanticipated events. 54