South Africa · Delayed Price · Currency is ZAR · Price in ZAc EPE Capital Partners Earnings Call Transcripts
Fiscal Year 2025
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NAV per share rose 30% year-over-year, with a 61% increase including Brait unbundling, and share price up 77% as the discount to NAV narrowed. Optasia drove portfolio growth, while significant capital was returned to investors and leverage reduced.
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AI-driven credit solutions have enabled rapid, profitable expansion across 42 countries, with strong EBITDA growth and a shift toward diversified revenue streams. Microfinance lending is accelerating, Asia is targeted for major growth, and responsible lending practices underpin low default rates and broad financial inclusion.
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NAV per share rose 19% to ZAR 7.85, driven by strong portfolio earnings, asset realizations, and debt reduction. Optasia led growth with a 41% valuation increase, while share buybacks and prudent leverage enhanced value.
Fiscal Year 2024
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NAV per share declined 17.9% year-over-year, mainly due to listed portfolio losses, while the unlisted portfolio grew 4%. Realizations and deleveraging were strong, with ZAR 1 billion realized since listing and debt reduced to ZAR 200 million. Outlook is positive for NAV growth and further realizations.