Investor Relations

Share Price

H1 2022 Financial Performance Indicators

Selected latest performance highlights

H1 2022 Results

Revenue

ZWL2.57 Billion
▲ 0 %

Profit Before Tax

ZWL672 Million
▲ 250 %

Operating Profit

ZWL719 Million
▲ 400 %

Profit After Tax

ZWL527 Million
▲ 30 %

The above figures are based on inflation adjusted accounts

(ZWL’000)Full Year ResultsHalf Year Results
Inflation AdjustedHistorical CostInflation AdjustedHistorical Cost
20212020202120202022202120222021
Revenue2,109,5331,606,6971,716,247718,3352,570,4291,857,0191,762,583599,646
Gross profit868,895530,756666,531280,8061,304,246450,1731,016,930215,403
Profit from operations404,966165,611302,325114,370718,59387,351675,932104,525
Profit before tax493,164343,493301,018111,929672,482133,899675,269104,062
Profit for the period422,288264,441206,14178,878526,58276,992509,47474,585
Basic and diluted EPS (ZWLc)86544216106.8015.62103.3315.13
*The historical cost amounts are shown as supplementary information. This information does not comply with International Financial Reporting Standards in that it has not taken account of the requirements of International Accounting Standard 29:Financial Reporting for Hyperinflationary Economies.
(ZWL’000)Full Year ResultsHalf Year Results
Inflation AdjustedHistorical CostInflation AdjustedHistorical Cost
20212020202120202022202120222021
ASSETS
Non-current assets2,820,4642,958,599397,422403,5156,146,3686,174,424512,409397,422
Current assets1,389,497873,168666,742302,9513,561,7723,041,8201,545,427666,742
Total assets4,209,9613,831,7671,064,164706,466 9,708,1419,216,2432,057,8361,064,164
EQUITY AND LIABILITIES
Equity3,126,4172,722,084581,562390,5087,307,7526,844,1991,070,742581,562
Non-current liabilities691,863729,17291,51498,784 1,503,7191,514,59390,42491,514
Current liabilities391,682380,512391,088217,175896,670857,451896,670391,088
Total equity and liabilities4,209,9613,831,7671,064,164706,4669,708,1419,216,2432,057,8361,064,164
*The historical cost amounts are shown as supplementary information. This information does not comply with International Financial Reporting Standards in that it has not taken account of the requirements of International Accounting Standard 29:Financial Reporting for Hyperinflationary Economies.
(ZWL’000)Full Year ResultsHalf Year Results
Inflation AdjustedHistorical CostInflation AdjustedHistorical Cost
20212020202120202022202120222021
Profit before income tax493,164343,493301,018111,929672,482133,899675,269104,062
Adjustment for:
Operating cash flows before reinvestment in working capital changes651,478514,319323,103134,617861,748332,185686,958114,347
Net cash generated from operating activities248,769253,182221,44936,972399,948149,837409,84764,232
Net cash flows generated from operating activities176,281233,764176,70832,585252,78091,578399,95634,292
Net cash flows used in investing activities(16,903)(189,463)(11,024)(14,703)(119,344)(6,677)(112,188)(2,048)
Net cash flows (used) in financing activities(23,002)(32,377)(18,226)(2,050)(63,030)(11,049)(20,294)(3,140)
INCREASE IN CASH & CASH EQUIVALENTS136,37511,924147,45815,83270,42773,853267,47329,105
CASH & CASH EQUIVALENTS AT START OF PERIOD29,32817,40518,2462,414xxxxxxxx
CASH & CASH EQUIVALENTS AT END OF PERIOD165,70429,328165,70418,246xxxxxxxx
*The historical cost amounts are shown as supplementary information. This information does not comply with International Financial Reporting Standards in that it has not taken account of the requirements of International Accounting Standard 29:Financial Reporting for Hyperinflationary Economies.
Asset Turnover25%
Return on Assets54%
Dividend Payout Ratio12%
Based on FY 2021 audited financial results
Revenue Y-O-Y25%
Diluted EPS54%
Book Value12%
Based on FY 2021 audited financial results
Gross Margin25%
Operating Margin54%
Net Profit Margin12%
Return on Equity12%
Based on FY 2021 audited financial results

Debt : EBITDA25x
Long-term Debt : Equity54x
Financial Leverage12x
Quick Ratio12x
Based on FY 2021 audited financial results

Gross Margin25%
Operating Margin54%
Net Profit Margin12%
Return on Equity12%
Based on FY 2021 audited financial results