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AYO TECHNOLOGY SOLUTIONS LIMITED - Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 28 February 2025

Release Date: 30/05/2025 17:40
Code(s): AYO     PDF:  
Wrap Text
Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 28 February 2025

AYO TECHNOLOGY SOLUTIONS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1996/014461/06
JSE share code: AYO
ISIN: ZAE000252441
("AYO Technology" or "the Company")

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS
ENDED 28 FEBRUARY 2025

1. Highlights
 • Revenue decreased by 23% to R781 million from R1.015 billion in the prior corresponding
     financial period.
 • Loss before tax increased by 36% to R133 million from R98 million in the prior corresponding
     financial period.
 • Loss per share increased by 37% to 45.09 cents per share from 32.92 cents per share in the prior
     corresponding financial period.
 • Headline loss per share per share increased by 36% to 45.09 cents per share from 33.12 cents per
     share in the prior corresponding financial period.

The Company wishes to inform shareholders that the unaudited condensed consolidated interim
financial results for the six months ended 28 February 2025 ("2025 interim results") are available at
https://ayotsl.com/investor-centre/2025-2/ and can be viewed on the JSE cloud link at:
https://senspdf.jse.co.za/documents/2025/jse/isse/ayoe/SENSLF1.pdf

This results announcement is the responsibility of the board of directors of AYO ("Board").
This announcement is a summary of the information in the 2025 interim results and does not contain
full or complete details. Any investment decision by investors and/or shareholders should be based on
consideration of the 2025 interim results which has been released on SENS and is available for viewing
on the Company's website.

The Board has made the decision not to declare a dividend for the interim period ended 28 February
2025 (2024: nil).

Cape Town
30 May 2025

Sponsor
Vunani Sponsors

Date: 30-05-2025 05:40:00
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