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WEAVER:  4,770   -629 (-11.65%)  12/08/2026 15:28

WEAVER FINTECH LIMITED - Unaudited consolidated interim results for the six months ended 30 June 2026 and changes to the board

Release Date: 12/08/2026 08:00
Code(s): WVR     PDF:  
Wrap Text
Unaudited consolidated interim results  for the six months ended 30 June 2026 and changes to the board

Weaver Fintech Ltd
(Incorporated in the Republic of Mauritius)
(Registration number C171926)
JSE share code: WVR
ISIN: MT0000850108
("WVR" or "the group")


UNAUDITED CONSOLIDATED INTERIM RESULTS
for the six months ended 30 June 2026 and changes to the board

MOMENTUM IN REVENUE GROWTH | PROFIT CONVERSION IMPACTED BY LENDING CREDIT PERFORMANCE

   CUSTOMERS      FINTECH REVENUE      FINTECH DELIVERS        FINTECH FEE       CASH GENERATED
  5.1 million           30%                  94%                 INCOME           IN OPERATIONS
    up 17%            growth           of trading profit         up 43%          up R320 million

-  Group revenue up 10% to R2.8 billion
-  Group trading profit muted at 2% growth
-  Earnings per share 256.5 cents (2025: 285.5 cents)
-  Headline earnings per share 256.5 cents (2025: 285.5 cents)
-  Strong liquidity to invest in growth
-  R1.1 billion of cash and unutilised facilities

As one of South Africa's fastest-growing fintech platforms empowering over 5 million customers 
through a seamlessly connected ecosystem of lending, payments and insurance, Weaver Fintech Ltd 
(WVR) continues to redefine financial inclusion and digital innovation.


Weaver Fintech delivered a resilient first-half performance, growing group revenue by 10% to 
R2.8 billion as its payments-led Fintech ecosystem continued to scale across lending, payments 
and insurance.

The results reflect strong topline growth, accelerating fee-based revenue and disciplined execution. 
Profitability was impacted by lending credit performance with payment processing issues, 
macroeconomic pressure and a deliberate increase in credit provisions.

CEO, Sean Wibberley commented: "Our flywheel is accelerating. Payments provide the entry point, 
new products unlock growth and cross-sell, data and analytics deepen our moat, and frequent 
customer engagement drives exponential value creation. Our connected ecosystem is improving our 
customers' digital experience while also providing merchants with significant returns."


CHANGES TO THE BOARD AND COMMITTEE
Shareholders are hereby advised that, effective 31 August 2026, Pierre Joubert, currently the lead 
independent director, has been appointed as independent non-executive chairman of the board. 
Shirley Maltz has been appointed executive deputy chair. As a consequence of Pierre's appointment, 
Marlisa Harris, an independent non-executive director, has been appointed as the chair of the 
remuneration committee. Pierre will continue to be a member of the remuneration committee. 


RESULTS ANNOUNCEMENT
This results announcement is the responsibility of the directors of WVR. It is a summary of the 
information contained in the unaudited condensed consolidated group financial results for the 
six months ended 30 June 2026 (interim results) and does not contain full or complete details.

Any investment decisions by investors and/or shareholders should be based on consideration of the 
interim results. The interim results, together with a comprehensive analysis and outlook, can be 
accessed on the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2026/JSE/ISSE/WVRE/H12026.pdf 
and published on https://www.weaverfintech.com/financial-results/

The results announcement has been prepared in compliance with the JSE Listings Requirements.


CORPORATE INFORMATION
Registered office: c/o Sanlam Trustees International Limited
Labourdonnais Village, Mapou, Riviere du Rempart, 31803, Mauritius
Executive directors: S Maltz (Chair*), S Wibberley (Chief Executive Officer), 
P Burnett (Chief Financial Officer)
Non-executive directors: E Gutierrez-Garcia*, M Harris, P Joubert (Lead Independent Director), 
G Lartigue*, R Phillips, A Ogunsanya* (alternate)  * non-independent
Company secretary: Sanlam Trustees International (Mauritius)
Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

Mauritius, 12 August 2026



Date: 12-08-2026 08:00:00
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