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4SIGHT HOLDINGS LIMITED - Reviewed condensed consolidated interim financial results for the twelve months ended 31 December 2023

Release Date: 19/02/2024 10:20
Code(s): 4SI     PDF:  
Wrap Text
Reviewed condensed consolidated interim financial results for the twelve months ended 31 December 2023

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
ISIN Code: ZAE000324059 JSE Code: 4SI
("4Sight" or "the Company" or "the Group")


SHORT FORM ANNOUNCEMENT: REVIEWED CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE TWELVE MONTHS 
ENDED 31 DECEMBER 2023



HIGHLIGHTS

                                                Reviewed for the           Audited for the
                                                   twelve months             twelve months
                                  Unit
                                                           ended                     ended
                                                31 December 2023          31 December 2022           % change
 Revenue                          Rand               939 180 307               696 008 554              34.9%
 Operating profit                 Rand                37 652 046                22 075 612              70.6%
 Headline earnings per share      Cents                    5.420                     2.379             127.8%
 Earnings per share               Cents                    5.420                     2.378             127.9%
 Dividend per share               Cents                    2.500                         -            >100.0%

4Sight is a public company listed on the JSE AltX (ticker: 4SI) incorporated on 28 June 2017, specifically for the
listing of the Group on 19 October 2017.

4Sight, a leading multinational diversified technology group, has successfully delivered on its strategic vision
of Digital Transformation for Businesses, by seamlessly integrating the Operational Technologies (OT) and
Information Technology (IT) worlds with the Business Environment (BE) to achieve the ultimate goal of Artificial
Intelligence (AI) for boosting productivity across all sectors. Through its Channel Partner (CP) network, 4Sight
has expanded its footprint in Africa and the Middle East, reaching more than 800 partners who benefit from
its cutting-edge technological services and solutions. The 4 Clusters of 4Sight have focused on serving the
specific needs of their target industries with their own innovative IP solutions, while leveraging their deep
domain expertise, thus driving and maintaining impressive growth.


REVIEW CONCLUSION

The auditor, Nexia SAB&T, has issued an unmodified review report on the reviewed condensed consolidated
interim financial results for the twelve months ended 31 December 2023. Copies of the auditor's report will be
made available for inspection at the Company's registered office during office hours.

SHORT FORM ANNOUNCEMENT

This short form announcement is the responsibility of the directors and is only a summary of the full
announcement released on SENS on 19 February 2024.

This short form announcement does not contain full or complete details pertaining to the Company's results
Any investment decisions by investors and/or shareholders should therefore be based on consideration of the
full announcement which may be downloaded from the Company's website at www.4sight.cloud and may
be viewed at the registered offices of the Company and of the designated advisor, or is available
electronically on request from investors@4sight.cloud, at no charge, during normal business hours for a period
of 30 days after the release of this announcement. The full announcement is also available on the JSE's
website at https://senspdf.jse.co.za/documents/2024/jse/isse/4SIE/DEC2023.pdf

19 February 2024

Executive Directors                            Independent Non-Executive Directors
Tertius Zitzke (Chief Executive Officer)       Kamil Patel (Chairperson)
Eric van der Merwe (Chief Financial Officer)   Andrew Murgatroyd (Audit and Risk Committee
                                               Chairperson)
                                               Christopher Crowe (Remuneration and Nominations
                                               Committee Chairperson)
                                               Marichen Mortimer (Social and Ethics Committee
                                               Chairperson)
                                               Johan Nel
                                               Douglas Ramaphosa

Company Secretary                              Designated Advisor
Ian Cronje                                     Java Capital Trustees and Sponsors (Pty) Ltd

Transfer Secretaries                           Website
JSE Investor Services (Pty) Ltd                http://www.4sight.cloud

Date: 19-02-2024 10:20:00
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