% change

Unaudited

six months

ended

30 June

2026

R’000

Unaudited

six months

ended

30 June

2025

R’000

Audited

year

ended

31 December

2025

R’000

Number of ordinary shares in issue

840 684 592

840 684 592

840 684 592

Weighted average number of ordinary shares

840 684 592

840 987 329

840 751 867

Weighted average number of shares for diluted EPS

852 738 442

863 786 543

852 805 717

Basic earnings/(loss)

(32.2)

65 842

97 064

(1 274 210)

Total basic earnings/(loss)

65 842

97 064

(1 274 210)

Adjusted by:

5 916

1 124

1 391 264

– Impairment of goodwill

1 038 579

– Impairment of intangible assets

4 389

332 294

– Reversal of impairment of intangible assets

(2 000)

– Impairment of property and equipment

348

2 114

– Impairment of right-of-use assets

2 432

– Write-off of deferred payment asset

3 890

– Profit on disposal of subsidiary

(5 101)

(5 101)

– Losses/(profits) on disposal of assets

165

(1 481)

4 653

– Write-off of intangible assets

9 421

16 647

– Fair value loss on investment property

830

Total tax adjustments

(876)

(1 715)

(1 184)

Headline earnings

(26.9)

71 758

98 188

117 054

Basic earnings/(loss) attributable to parent

Continuing operations

78 762

39 281

(660 931)

Discontinued operations

(12 920)

57 783

(613 279)

65 842

97 064

(1 274 210)

Earnings/(loss) per share (cents)

Basic

(32.1)

7.83

11.54

(151.55)

Basic from continuing operations

9.37

4.67

(78.61)

Basic from discontinued operations

(1.54)

6.87

(72.94)

Diluted

(31.3)

7.72

11.24

(149.41)

Diluted from continuing operations

9.24

4.55

(77.50)

Diluted from discontinued operations

(1.52)

6.69

(71.91)

Headline earnings per share (cents)

Basic

(26.9)

8.54

11.68

13.92

Diluted

(25.9)

8.42

11.37

13.72