Caxton (CAT) 1H23 – Results Snapshot

Diluted HEPS up +36.4% y-y to 90.7cps (LY: 66.5cps).
Turnover increased by +25.8% y-y to R3 817m (LY: R3 036m)
OPM increased to 12.0% (LY:8.6%).
Operating expenses increased by +25.2% y-y to R3 363m (LY: R2 685m). Operating expense to sales decreased to 88.1% (LY:88.5%).
No interim dividend declared.
Cash generated from operating activities down -601.7% y-y to R-359m (LY: R-51m).