The tables below restate the three primary statements in full for reference. All figures are in South African Rand millions.
A.1 Income statement
|
R’m |
FY2027 |
FY2028 |
FY2029 |
FY2030 |
FY2031 |
|---|---|---|---|---|---|
|
Revenue |
45 |
120 |
320 |
710 |
1,400 |
|
Operating costs |
(63) |
(108) |
(242) |
(500) |
(890) |
|
EBITDA |
(18) |
12 |
78 |
210 |
510 |
|
Depreciation & amortisation |
(28) |
(52) |
(84) |
(115) |
(135) |
|
EBIT |
(46) |
(40) |
(6) |
95 |
375 |
|
Senior debt interest |
(16) |
(16) |
(16) |
(11) |
(5) |
|
Warehouse interest |
(1) |
(4) |
(16) |
(45) |
(102) |
|
Profit before tax |
(63) |
(60) |
(39) |
39 |
267 |
|
Taxation |
0 |
0 |
0 |
0 |
(39) |
|
Net income |
(63) |
(60) |
(39) |
39 |
228 |
A.2 Balance sheet
|
R’m |
FY2027 |
FY2028 |
FY2029 |
FY2030 |
FY2031 |
|---|---|---|---|---|---|
|
Cash & equivalents |
292 |
192 |
96 |
113 |
359 |
|
Lending book (net) |
15 |
57 |
223 |
554 |
1,208 |
|
Receivables |
4 |
10 |
26 |
57 |
112 |
|
Inventory |
27 |
36 |
50 |
63 |
77 |
|
PPE & intangibles |
73 |
105 |
131 |
156 |
196 |
|
Deferred tax asset |
0 |
8 |
8 |
8 |
0 |
|
Total assets |
409 |
409 |
533 |
951 |
1,951 |
|
Payables |
5 |
12 |
32 |
71 |
140 |
|
Settlement payable |
5 |
21 |
62 |
156 |
337 |
|
Senior debt |
120 |
120 |
80 |
40 |
0 |
|
Warehouse drawn |
13 |
49 |
192 |
477 |
1,039 |
|
Total liabilities |
142 |
202 |
365 |
744 |
1,516 |
|
Share capital |
330 |
330 |
330 |
330 |
330 |
|
Retained earnings |
(63) |
(123) |
(162) |
(123) |
106 |
|
Total equity |
267 |
207 |
168 |
207 |
436 |
A.3 Cash-flow statement
|
R’m |
FY2027 |
FY2028 |
FY2029 |
FY2030 |
FY2031 |
|---|---|---|---|---|---|
|
Opening cash |
0 |
292 |
200 |
105 |
121 |
|
Operating cash flow |
(56) |
(0) |
77 |
243 |
544 |
|
Investing cash flow |
(115) |
(128) |
(275) |
(471) |
(828) |
|
Financing cash flow |
463 |
37 |
102 |
245 |
522 |
|
Net change in cash |
292 |
(99) |
(104) |
8 |
238 |
|
Closing cash |
292 |
192 |
96 |
113 |
359 |