Slide 1: Results for the year ended 30 June 2026
Results for the year ended 30 June 2026 Date: 30 September 2026 Time: 10:00
Slide 2: Group Overview
Group Overview Who are we Our vision A technology investment house A technology investment house that that invests in, integrates and compounds long-term value for its elevates the businesses it holds. stakeholders Established in 1987 and listed on the JSE in 1997, the Group has evolved from its dis
Slide 3: Group Structure
Group Structure Results for the year ended 30 June 2026
Slide 4: Group Salient Features
GROUP SALIENT FEATURES REVENUE EBITDA CASH FROM OPERATIONS R7.3 billion R277 million R116 million up 1% up 12% down 83% HEPS NAV PER SHARE DPS 205 cents 3 053 cents 37.5 cents up 181% up 6% up 173% Results for the year ended 30 June 2026
Slide 5: Financial Summary
Financial Summary FY22 FY23 FY24 FY25 FY26 Revenue (R billion) 8.9 10.1 8.4 7,2 7,3 Gross Profit (R million) 1 273 1 411 1 032 958 925 GP margin (%) 14.3% 13.9% 12.2% 13.3% 12,7% EBITDA (R million) 456 509 349 249 277 Net Profit (R million) 225 220 21 40 108 HEPS (cents) 357 375 67 73 205 NAV/Share
Slide 6: Revenue
Revenue 12 10,1 10 8,9 8,4 Distribution 8 7,2 7,3 segment was flat – shift in spending 6 across channel 4 Strong improvement across 2 service and support 0 Slowdown in Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 training Results for the year ended 30 June 2026
Slide 7: Gross profit margin
Gross profit margin GP % 14,3% 13,9% 13,3% 12,7% 12,2% Improvement in overall distribution Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 margins Adjusted GP% Stock write downs GP margin adjusted for FX 13,5% 13,5% 13,5% 12,7% 12,6% Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Results for the year ended 30 June 202
Slide 8: EBITDA Bridge
EBITDA Bridge Increase Decrease Total 19,0 278,0 9,0 43,0 249,0 44,0 Margin -86,0 improvements Forex hedging and management Cost containments FY25 EBITDA Revenue GP impact Stock write offs Adjusted GP% change Forex movements Cost Savings FY26 EBITDA Results for the year ended 30 June 2026
Slide 9: Net financing cost
Net financing cost 250 206 200 151 Working capital 150 139 improvements 93 Lower average 100 70 interest rates 50 0 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Results for the year ended 30 June 2026
Slide 10: HEPS (cents)
HEPS (cents) 400 375 357 350 300 No significant HEPS adjustments 250 205 200 150 100 67 73 50 0 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Results for the year ended 30 June 2026
Slide 11: Dividend per share (cents)
Dividend per share (cents) 90 80 76 77 70 20% of earnings 60 50 40 38 30 20 14 10 8 0 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Results for the year ended 30 June 2026
Slide 12: NAV and TNAV per share
NAV and TNAV per share 3053 2801 2869 2724 2625 2395 2446 2453 2250 1826 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 NAV per share (cents) TNAV per share (cents) Results for the year ended 30 June 2026
Slide 13: Inventory
Inventory 3 120 3 2 104 102 101 2 97 100 Component shortages 95 Sustainable energy 1 stock 1 Continued focus 2,1 2,4 2,1 1,6 1,7 - 80 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 On hand In transit Inventory days (excl GIT) Results for the year ended 30 June 2026
Slide 14: Trade receivable days
Trade receivable days 66 62 57 56 Reduced exposure 52 Continued focus Risk management] Jan-22 Jan-23 Jan-24 Jan-25 Jan-26 Results for the year ended 30 June 2026
Slide 15: Cash generated from operations
Cash generated from operations 800 687 700 600 500 Continued focus on reducing working 400 capital 303 300 Leverage 198 improvement 200 116 100 61 0 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26
Slide 16: Strategic Priorities
Strategic Priorities • Capital release • Diversification • Group identity Results for the year ended 30 June 2026
Slide 17: Opportunities
Opportunities Addressing the IT skills Artificial Intelligence Cybersecurity Drone Technology gap Employer of choice Results for the year ended 30 June 2026
Slide 18: Thank You
Hein Engelbrecht Group CEO heine@mustek.co.za Thank Shabana Aboo Baker Ebrahim Group FD You shabanaa@mustek.co.za