Diluted HEPS improved from -21.0cps LY to -0.2cps CY.
Revenue fell by 3.1% y-y to R6 035m due to declines in the iOCO SA and NEXTEC businesses. Segments have been restated.
GPM decreased from 28.0% to 27.3%.
OPM declined by 30bps to 1.9%.
Expenses fell by 2.1% y-y, with expense-to-sales falling by 40bps to 25.5%.
No dividend.
Gross debt down 5.3% y-y to R759m.
Net cash reduced by 24.2% y-y to R155m due to the increased utilisation of the overdraft facility to R193m (FY23: R32m).
Cash from operating activities improved from -R90m LY to -R14m CY.