Consumer Research Africa

Datatec (DTC) FY22 – Results Snapshot

Diluted HEPS 15.8cps (USD) compared to 1.7cps LY.
Revenue increased by 12.8% y-y to $4 637m.
GPM fell by 20bps to 16.6%.
OPM increased from +1.2% to 1.8%.
Expenses increased by 7.4% to $688m, while expenses to revenue fell by 80bps to 14.8%.
Total dividend of $85m, which includes the special dividend of 512c (ZAR) declared during the year and the final dividend of 111c (ZAR).
Gross debt up +6.3 y-y.
Cash from operations down -77.2% y-y.