Slide 1: Detailed Financials
Detailed Financials For the year ended 31 March 2024
Slide 2: Important information
Important information This report contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995 concerning our financial condition, results of operations and businesses. These forward-looking statements are subject to a number of risks and uncer
Slide 3: Business update
Business update 3
Slide 4: FY24 was a strong year for Naspers
FY24 was a strong year for Naspers Accelerated and peer leading revenue growth 18% Ecommerce revenue growth accelerates 2 percentage points from FY23 Ecommerce achieved overall profitability $459m improvement in Trading Profit with peer-leading revenue growth Can you add the NPN watermark Share repu
Slide 5: Consistent progress delivered material TP improvement
Consistent progress delivered material TP improvement… Accelerated Revenue Growth First Trading Profit in years Positive Free Cash Flow Ecommerce Revenue1 (US$’m) Ecommerce Trading Profit / (Loss)2 (US$’m) Free Cash Flow Inflow / (Outflow)3 (US$’m) 19% 18% YoY3 $459m $836m Improvement Improvement Yo
Slide 6: … with strong execution across Prosus businesses
… with strong execution across Prosus businesses Strong revenue growth & profit improvement supported by growing ecosystems Food Payments Classifieds Edtech Etail Delivery & Fintech 22% 27% 38% 9% 8% YoY Revenue YoY Revenue YoY Revenue YoY Revenue YoY Revenue Revenue1 (US$’m) Growth Growth2 Growth G
Slide 7: We remain e-commerce leaders in South Africa
We remain e-commerce leaders in South Africa Leading SA’s popular online Leading African E-TAILER FOOD DELIVERY MEDIA GROUP 9.1m DAILY PAGE 6 778 +3% YoY VIEWS EMPLOYEES ORDER VOLUME1 16 580 +6% YoY DRIVERS AOV 7 1 YoY growth rate includes orders for food and grocery delivery.
Slide 8: Takealot: peer leading growth despite competitive environment
Takealot: peer leading growth despite competitive environment GMV (US$’m)1 3% (13%) 1 523 1 474 Etail Food Fashion FY23 FY24 Trading profit / (loss) Platform GMV Mr. D GMV Superbalist GMV (US$’m)1 +13% +16% +7% (14) YoY YoY YoY (22) FY23 FY24 1 Results from owned and managed, consolidated businesses
Slide 9: Media24: Retained profitability in a constrained economy
Media24: Retained profitability in a constrained economy Revenue (US$’m)1 -15% (-7%) 207 175 South Africa’s leading Media Company FY23 FY24 Online News Trading profit (US$’m)1 Paywall subscriptions Newspapers 209 138 Magazines +19% YoY Books 5 1 Digital reach (news) Television 9.1M FY23 FY24 2 Logis
Slide 10: We invest into South Africa's tech ecosystem
We invest into South Africa’s tech ecosystem Key investments Naspers’ corporate team manages our existing investments and evaluates new SA start-up investments Planet42 Planet42, a South Africa-based car subscription company that buys used cars and rents to customers via a subscription model Naspers
Slide 11: We equip SA's youth with digital skills & create employment opportunities
We equip SA’s youth with digital skills & create employment opportunities Highlights to date: ✓ 5 386 young people trained ✓ 5 113 youth transitioned into employment Naspers Labs plays a crucial role in addressing youth unemployment, through technology-driven training opportunities initiatives. ✓ 59
Slide 12: Financial update
Financial update 12
Slide 13: Financial highlights: achieved consolidated Ecommerce profitability for FY24
Financial highlights: achieved consolidated Ecommerce profitability for FY24 Prosus: $451m improvement in Trading Profit with peer- 18% 1 leading revenue growth drove to Prosus to achieve consolidated Ecommerce profitability for FY24, ahead of target + US$24m Takealot: Peer-leading local currency re
Slide 14: Naspers consolidated results
Naspers consolidated results Consolidated Segmental Results from continuing operations Revenue Adjusted EBITDA Trading profit / (loss) YoY FY24 FY24 US$’m FY23 FY24 FY23 FY24 FY23 FY24 % Growth1 Margin Margin Prosus Group 4 947 5 467 19% (480) (13) 0% (586) (118) (2%) Takealot 808 792 8% 8 25 3% (22
Slide 15: Naspers proportionate results from associates and joint ventures
Naspers proportionate results from associates and joint ventures Associates and Joint Venture Proportionate Results1 Revenue Adjusted EBITDA Trading profit / (loss) YoY FY24 FY24 US$’m FY23 FY24 FY23 FY24 FY23 FY24 % Growth2 Margin Margin Prosus Group 26 446 26 277 10% 5 527 7 035 27% 4 192 5 916 23
Slide 16: Naspers economic interest results
Naspers economic interest results Economic Interest Results from continuing operations1 Revenue Adjusted EBITDA Trading profit / (loss) YoY FY24 FY24 US$’m FY23 FY24 FY23 FY24 FY23 FY24 % Growth2 Margin Margin Prosus Group 31 393 31 744 12% 5 047 7 022 22% 3 606 5 798 18% Takealot 808 792 8% 8 25 3%
Slide 17: Naspers balance sheet position
Naspers balance sheet position Current assets and liabilities (US$’m) FY23 FY24 Naspers net holdco debt as at Current assets 31 March 2024: US$737m Inventory 415 355 Trade receivables 559 670 Other receivables and loans 920 1 074 Derivative financial instruments 5 0 Other investments1 Cash/short-ter
Slide 18: Group portfolio
Group portfolio 43% Local SA assets 100% 100% Social & internet Ecommerce platforms 25% Payments & Classifieds Food Delivery Etail Edtech Ventures Fintech 99%1 100% 97% 88% 100% 23% 38% 100% 100% 69% 13% 100% 29% 38% 14% 86% 33% 42% 15% 20% 13% 11% 8% Organogram depicts the latest effective interest
Slide 19: Glossary
Glossary Consolidated Results: Results of subsidiaries only, companies which the Group controls. Economic Interest: A non-IFRS measure representing the consolidated earnings plus the Group’s proportionate share of the associates and joint ventures revenue and trading profit. Free cash flow: Earnings
Slide 20: Contact us
Contact us Eoin Ryan Head of Investor Relations InvestorRelations@naspers.com https://www.naspers.com 20