Slide 1: Detailed Financials
Detailed Financials For the year ended 30 September 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
Slide 4: Innovation & discipline underpins strong H1 FY25 results
Innovation & discipline underpins strong H1 FY25 results Revenue growth accelerating well above peers Ecommerce revenue growth accelerated and grew more than 2x faster than peer group Positive consolidated group aEBIT ($159m YoY increase) Driven by 7x YoY improvement in Ecommerce from FY24 Can you a
Slide 5: Peer leading growth with improving margin
Peer leading growth with improving margin … Accelerated Revenue Growth Positive Group aEBIT Improved Free Cash Flow Consolidated Group Revenue1 (US$’m) Consolidated Group aEBIT1,2 (US$’m) FCF1,3 (US$’m) 23% $157m $391m Improvement Improvement YoY Growth YoY YoY 36 869 (121) 478 3.4 3.0 H1 FY24 H1 FY
Slide 6: Revenue growth driven by a strong performance by Prosus
…driven by a strong performance by Prosus Revenue Growth1 H1 FY25 YoY +30%2 +20%3 +45% +19% +20% 33% aEBIT margin 27% 4% 14% (2%) (3%) (1%) (15%) (4%) (93%) H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 1 Growth in local currency excluding M&A. 2 Pro-forma adjusted
Slide 7: Takealot: strategically positioned for the future
Takealot: strategically positioned for the future GMV (US$’m)1,2 -1% (11%) 755 746 654 Etail Food H1 FY24 H2 FY24 H1 FY25 aEBIT (US$’m)2 Platform GMV1 +10% YoY MrD GMV1 +13% YoY 1 - Drivers 17 136 MrD Orders1 +4% YoY ( 12) H1 FY24 H2 FY24 H1 FY25 Employees 7 772 MrD AOV1 +7% YoY Takealot strategical
Slide 8: Media24: Decisions taken to ensure sustainability
Media24: Decisions taken to ensure sustainability Revenue (US$’m)1 -1% (-4%) 93 82 81 South Africa’s leading Media Company H1 FY24 H2 FY24 H1 FY25 aEBIT (US$’m) Online News Paywall subscriptions Newspapers 2 217 580 Magazines +23% YoY Books (1) (1) Digital reach (news) Television 9.7M H1 FY24 H2 FY2
Slide 9: We invest in South Africa's tech ecosystem
We invest in South Africa’s tech ecosystem Key investments Naspers’ corporate team manages our existing investments and evaluates new SA start-up investments Naked Insurance Naked is an artificial intelligence (AI)-driven insurtech company. Naspers has invested $8.3m to date, co-investors include th
Slide 10: Equipping SA's youth with digital skills & creating employment opportunities
Equipping SA’s youth with digital skills & creating employment opportunities Summary People Work Entrepreneurial receiving skills opportunities development development & created projects backed training Achieved to date 5 386 5 113 59 Naspers Labs plays a crucial role in addressing youth unemploymen
Slide 11: Financial update
Financial update
Slide 12: Financial highlights: positive Group aEBIT
Financial highlights: positive Group aEBIT +23% ▪ Prosus: peer-leading growth with improving margin supports Prosus’s goal for Ecommerce to deliver US$36m $6.2bn of revenue and $400m of aEBIT for FY25 REVENUE1 aEBIT1 ▪ Takealot: Strategic investment ensures positioning for future growth and profitab
Slide 13: Naspers consolidated results
Naspers consolidated results Consolidated Segmental Results from continuing operations Revenue Adjusted EBITDA Adjusted EBIT YoY H1 FY25 H1 FY25 US$’m H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 % Growth1 Margin Margin Prosus Group 2 451 2 963 26% (57) 111 4% (110) 60 2% Takealot2 315 350 7% 18
Slide 14: Naspers balance sheet position
Naspers balance sheet position Current assets and liabilities (US$’m) Naspers Group net debt as at FY24 H1 FY25 30 September 2024: US$1.4bn Current assets Inventory 355 388 Trade receivables 670 756 Other receivables and loans 1 074 1 312 Derivative financial instruments - 8 Other investments1 3 185
Slide 15: Group portfolio
Group portfolio Local SA assets 43% 100% 100% Ecommerce Social & internet platforms Payments Food Delivery Classifieds Etail Edtech Ventures 24% & Fintech 97% 99%1 100% 88% 100% 23% 100% 38% 100% 69% 13% 28% 100% 36% 14% 33% 100% 42% 15% 19% 13% 11% 11% Managed and controlled entities Organogram dep
Slide 16: Glossary
Glossary Consolidated Results: Results of subsidiaries only, companies which the Group controls. Free cash flow: Free cash flow represents cash generated from operations adjusted for transaction related costs, specific working capital adjustments that are not directly related to our operational acti
Slide 17: Contact us
Contact us Eoin Ryan Head of Investor Relations InvestorRelations@naspers.com https://www.naspers.com 17