Wrap Text
Reviewed consolidated condensed year end results and dividend declaration for the year ended 31 March 2026
eMedia Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/011249/06)
(Tax Reference number 9650144711)
Ordinary shares (share code: EMH - ISIN: ZAE000208898)
N ordinary shares (share code: EMN - ISIN: ZAE000209524)
(eMedia Holdings or the Company or the Group)
Reviewed consolidated condensed year end results announcement and dividend declaration for the year ended 31 March 2026
This short form announcement and the results contained in this short form announcement have been prepared in
compliance with the JSE Limited's Listings Requirements.
March 2026 March 2025 %
R000's R000's movement
Revenue 2 990 723 3 155 470 (5,2)%
Operating profit 405 050 441 722 (8,3)%
Profit from the year from continuing operations 299 470 305 534 (2,0)%
Profit for the year 299 470 303 003 (1,2)%
Net asset value per share (cents) 668 661 1,1%
Basic earnings/(loss) per share (cents) 44,10 45,99 (4,1)%
Headline earnings/(loss) per share (cents) 43,48 45,63 (4,7)%
Dividend declared per share (cents) 15,0 15,0 0,0%
The eMedia Group is happy to once again present a set of profitable results, very similar to the previous financial year. This
more than satisfactory achievement was reached despite numerous and ever-changing micro and macro-economic challenges.
The current benchmark used to measure how the Group is performing against these challenges is the television advertising
sales market. It is a pleasure to report that the Group outperformed the television advertising sales market on a yearly basis.
The television advertising market went back 8.7% but the Group's profit decreased by only 2%. Profit from continuing operations
for the year ended on R299.5 million compared to the prior year of R305.5 million. Maintaining steady performance in a declining
advertising market was only possible through careful cost management as well as savings around the high-beam transponder
costs, legal expenditure, content savings and the management of foreign exchange cover for the foreign content commitments.
For eMedia, an important measure of good performance is its ability to consistently declare a dividend to its shareholders.
The group is happy to report once again there will be a payment of a dividend similar to last year, with a dividend of
15 cents (2025: 15 cents) per share at the close of the financial year.
The directors of eMedia Holdings have resolved to declare a final cash dividend for the year ended 31 March 2026 of
15 cents per share (2025: 15 cents), paid from income reserves. The dividend to shareholders relates to the ordinary
shares (share code: EMH) and N ordinary shares (share code: EMN). The dividend will be subject to a local dividend
withholding tax at a rate of 20%, which will result in a net final dividend to those shareholders not exempt from
paying dividend withholding tax of 12.0 cents per ordinary share and 15.0 cents per ordinary share for those shareholders
who are exempt from dividend withholding tax. In terms of dividend withholding tax legislation, any dividend withholding
tax amount due will be withheld and paid over to the South African Revenue Service by a nominee company, stockbroker or
Central Securities Depository Participant (collectively "regulated intermediary") on behalf of shareholders. All shareholders
should declare their status to their regulated intermediary as they may qualify for a reduced dividend withholding tax rate
or exemption. The salient dates for the payment of the dividend are as follows:
Last day to trade cum dividend: Monday, 15 June 2026
Commence trading ex dividend: Wednesday, 17 June 2026
Record date: Friday, 19 June 2026
Payment date: Monday, 22 June 2026
Share certificates may not be dematerialised nor rematerialised between Wednesday, 17 June 2026 and Friday, 19 June 2026
both dates inclusive.
eMedia Holdings' tax reference number is 9650/144/71/1.
Issued Share Capital at declaration date:
Ordinary Shares: 63 810 244
N ordinary Shares: 594 422 416
This short-form announcement is the responsibility of the directors and is only a summary of the information in the full
announcement and does not contain full or complete details.
The reviewed condensed consolidated financial information for the year ended has been reviewed by Forvis Mazars, who expressed
an unmodified review conclusion.
Any investment decision should be based on the full announcement, which can be found on the Company's website at
http://www.emediaholdings.co.za and also at the following link: https://senspdf.jse.co.za/documents/2026/jse/isse/EMNE/YE26.pdf
For and on behalf of the board
Mahomed Khalik Sherrif Antonio Lee
Chief Executive Officer Financial director
Directors: JA Copelyn* (chairperson), MKI Sherrif (chief executive officer), AS Lee (financial director), TG Govender*,
Y Shaik*, VE Mphande*^, L Govender*^, HJ Carse *^ (appointed 7 October 2025), RD Watson*^ (lead independent)
*Non-executive ^Independent
Company Secretary: HCI Managerial Services Proprietary Limited
Registered Office: 4 Albury Road, Dunkeld West, Hyde Park, Johannesburg, 2196, Private Bag X9944, Sandton, 2146
Sponsor: Investec Bank Limited, 100 Grayston Drive, Sandton, Sandown, 2196
Transfer Secretary: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue,
Rosebank, 2196, Private Bag X9000, Saxonworld, 2132
Auditors: Forvis Mazars, Melrose Estate, 54 Glenhove Road, Randburg, 2196, Private Bag X10046, Sandton, 2146
Tuesday, 26 May 2026
Date: 26-05-2026 04:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
