Jse Limited · JSE:JSE

Jse — H1 2025 Earnings Presentation

49 slides from Jse's earnings presentation, August 2025

  1. Slide 1: Interim Results 2025

    INTERIM RESULTS 2025 for the six months ended 30 June

  2. Slide 2: Contents

    Contents Presentation 1 Commentary 19 Condensed consolidated statement of comprehensive income 24 Condensed consolidated statement of financial position 25 Condensed consolidated statement of changes in equity 26 Condensed consolidated statement of cash flows 29 Notes to the condensed consolidated f

  3. Slide 3: Presentation agenda

    /8*1NRNYJI .SYJWNR7JXZQYX 5WJXJSYFYNTS &ZLZXY l/TMFSSJXGZWL8YTHP*]HMFSLJ9MJHTSYJSYTKYMNXUWJXJSYFYNTSNXXYWNHYQ^WJXJW[JIKTWYMJZXJTKYMJ/8* NOTES &LJSIF 4[JW[NJ\ +NSFSHNFQWJ[NJ\ (TSHQZXNTS &UUJSIN] let’s connect a NOTES Interim results 2025 1

  4. Slide 4: Overview

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  5. Slide 5: Market activity and results overview

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  6. Slide 6: Strategic priorities

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  7. Slide 7: Financial review

    +NSFSHNFQWJ[NJ\ let’s connect a NOTES mm – m m m R ) R ) m 11 5 2 m Rm) Rm) ) 1 2 1 ¹ c uding trading acti it costs is u 1 let’s connect a NOTES Interim results 2025 5

  8. Slide 8: Cash and liquidity

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  9. Slide 9: Segment revenue

    R m R Rm) 1 2 25 12 2 1 2 25 12 2 ) 11 52 1 m 2 1 m 1 mm 1 1 121 11 525 1 ► m ► m m 1 2 ► m 25 2 2 5 ► ote igures contain rounding differences 1 let’s connect a ¹ ther inc udes ssuer er ices re enue n estor rotection e inco e and re enue NOTES m 1 2 25 R Rm) 1 2 25 12 2 11 52 1 5 mm 1 m 15 1 121 11

  10. Slide 10: Segment performance

    m 1 2 25 R Rm) 1 2 25 12 2 525 1 m m m 1 2 5 1 m 2 ► ► ► m m 1 ► ¹ erage dai trades 15 let’s connect a NOTES m 1 2 25 R Rm) 1 2 25 12 2 m 25 2 2 5 2 m 5 ► ► ► 1 let’s connect a NOTES 8 Interim results 2025

  11. Slide 11: Expenses

    m m m 5 5 12 R m) R m ► 11 5 R2 m) R22 m ► ► 2 1 R m) R2 m ► m 15 R1 m) R m ► R m R1 m) R1 m ► m R1 2m ► ro ect costs inc ude ersonne costs techno og costs and genera o erating e enses let’s connect a NOTES R15 – R1 m R1 – R215m​) ► ► 1 2 – 1 let’s connect a NOTES Interim results 2025 9

  12. Slide 12: Capital and balance sheet

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  13. Slide 13: Conclusion

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  14. Slide 14: Outlook

    2 25 ► ► 1 ► ► 2 ► ► m ► ► ► ► 5 let’s connect a NOTES m 2 2 2 1 2 2 2 25 – 1 2 25 – 2 2 2 2 2 − let’s connect a NOTES 12 Interim results 2025

  15. Slide 15: Appendix

    m m m R m let’s connect a NOTES 6 & let’s connect a NOTES Interim results 2025 13

  16. Slide 16: Appendix

    &UUJSIN] let’s connect a NOTES 1 2 25 m 1 2 25 1 2 25 m − ¹ une to une ri ate ace ents i e dea s acti e inc udes registr and share ans c ients 2 let’s connect a a erage dai a ue traded ca cu ated as a ue traded di ided nu er of trading da s ond re o u to tr tr tandard onds u to tr tr NOTES 14 Interi

  17. Slide 17: m NOTES  m

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  18. Slide 18: m NOTES  NOTES 

    – m 1 let’s connect a NOTES 273 258 17 18 39 27 207 12 190 24 12 174 8 30 12 22 213 216 172 148 132 2021 2022 2023 2024 2025F Existing assets (Incl. ITaC and Lease) Licences JIS (Incl. customer contracts) Infrastructure investment 2 let’s connect a NOTES 16 Interim results 2025

  19. Slide 19: NOTES  m NOTES 

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  20. Slide 20: Thank you

    9MFSP^TZ let’s connect a NOTES 18 Interim results 2025

  21. Slide 21: Commentary

    Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated COMMENTARY of comprehensive income of financial position of changes in equity of cash flows financial statements Commentary JSE Limited

  22. Slide 22: Overview of results

    Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated COMMENTARY of comprehensive income of financial position of changes in equity of cash flows financial statements Overview of results R

  23. Slide 23: Business highlights and financial performance

    Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated COMMENTARY of comprehensive income of financial position of changes in equity of cash flows financial statements Business highlights Fi

  24. Slide 24: Regulation and future focus and prospects

    Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated COMMENTARY of comprehensive income of financial position of changes in equity of cash flows financial statements Operating expenditure

  25. Slide 25: Changes to the Board and approval of financial statements

    Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated COMMENTARY of comprehensive income of financial position of changes in equity of cash flows financial statements Changes to the Board A

  26. Slide 26: Condensed consolidated statement of comprehensive income

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary STATEMENT OF of financial position of changes in equity of cash flows financial statements COMPREHENSIVE INCOME Condensed consolidated

  27. Slide 27: Condensed consolidated statement of financial position

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary of comprehensive income STATEMENT of changes in equity of cash flows financial statements OF FINANCIAL POSITION Condensed consolidate

  28. Slide 28: Condensed consolidated statement of changes in equity

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary of comprehensive income of financial position STATEMENT of cash flows financial statements OF CHANGES IN EQUITY Condensed consolidated

  29. Slide 29: Condensed consolidated statement of changes in equity

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary of comprehensive income of financial position STATEMENT of cash flows financial statements OF CHANGES IN EQUITY Stated capital Share-b

  30. Slide 30: Condensed consolidated statement of changes in equity

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary of comprehensive income of financial position STATEMENT of cash flows financial statements OF CHANGES IN EQUITY Stated capital Share-b

  31. Slide 31: Condensed consolidated statement of cash flows

    CONDENSED CONSOLIDATED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Notes to the condensed consolidated Commentary of comprehensive income of financial position of changes in equity STATEMENT financial statements OF CASH FLOWS Condensed consolidate

  32. Slide 32: Notes to the condensed consolidated financial statements

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS Notes to the condense

  33. Slide 33: Use of estimates and judgements; financial risk management

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 5. Use of estimates a

  34. Slide 34: New standards and interpretations not yet adopted

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 9. New standards and

  35. Slide 35: Fair value measurement; financial assets and liabilities

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 10. Fair value measur

  36. Slide 36: Financial assets and liabilities; basis of consolidation

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 11. Financial assets

  37. Slide 37: Revenue, net margin and collateral deposit interest income

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 13 Revenue, net margi

  38. Slide 38: Personnel expenses; other expenses

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS Group Group 6 months

  39. Slide 39: Earnings and headline earnings per share

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS Group Group 6 months

  40. Slide 40: Earnings per share continued; intangible assets

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 17. Earnings and head

  41. Slide 41: Expected credit losses; reserves; financial instruments

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 20. Expected credit l

  42. Slide 42: Share based payment reserve

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 23. Share based payme

  43. Slide 43: Leases; fair value estimation

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS Group Group 6 months

  44. Slide 44: Fair value estimation continued

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 25. Fair value estima

  45. Slide 45: Fair value estimation continued

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 25. Fair value estima

  46. Slide 46: Fair value estimation continued

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 25. Fair value estima

  47. Slide 47: Fair value estimation continued

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 25. Fair value estima

  48. Slide 48: Fair value estimation; guarantees; events after reporting date

    NOTES TO THE CONDENSED Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Condensed consolidated statement Commentary of comprehensive income of financial position of changes in equity of cash flows CONSOLIDATED FINANCIAL STATEMENTS 25. Fair value estima

  49. Slide 49: www.jse.co.za

    www.jse.co.za

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