Prosus Accelerates Growth and Profitability, with 12X Improvement in Ecommerce Adjusted EBIT and 100% Increase in Dividend

About this update from Prosus N.v. Class N

AMSTERDAM & JOHANNESBURG, June 23, 2025 --( BUSINESS WIRE )--Prosus N.V. (Prosus) (AEX and JSE: PRX) delivered a strong performance during a transformative year. We have exceeded our profitability targets, as we build the leading lifestyle ecommerce company in Latin America, Europe and India, driven by AI and innovation. Fabricio Bloisi, Prosus CEO, Prosus and Naspers said: "Prosus is rapidly transforming into an operating technology company, focused on lifestyle ecommerce, and powered by innovation and collaboration. This past year, we announced two significant deals to strengthen our regional ecosystems. We completed the acquisition of Despegar in May 2025 and are already integrating its products into iFood’s Clube membership. We are making good progress with the purchase of Just Eat Takeaway.com, which will create a new AI-powered tech champion in Europe. "I believe that truly great companies are shaped by their culture. Through ‘The Prosus Way’, we’ve implemented a cultural model that empowers our teams to deliver exceptional customer experiences through discipline, innovation and adopting an AI-first mindset. In the face of unprecedented technological disruption, we are now more connected and innovative than ever before. I’m confident that our enhanced culture and ecosystem approach, powered by Prosus, will fuel our journey to create the next US$100bn in value." Nico Marais, Prosus CFO, commented : "Prosus has delivered a strong financial performance over the past year, with topline growth in our operating businesses at double the rate of our peers. Ecommerce profitability has improved meaningfully from US$38m in FY24, to aEBIT of US$443m, ahead of our guidance. We expect this momentum to continue, and to add at least the same level of incremental aEBIT in FY26. FY2025 marks the first year that Prosus is free cash flow positive, excluding the Tencent dividend, with a free cash flow improvement of US$513m. As our financial position strengthens, we’re able to share more with our shareholders, and have proposed a 100% increase in our dividend, to €0.20. Our disciplined capital allocation and strong balance sheet positions us well to execute on our ecosystem strategy." Group performance Peer-leading growth and accelerating profitability across Ecommerce portfolio Food Delivery: iFood delivers world-class performance, exceeding growth and profitability targets and drives innovation and ecosystem expansion Classifieds – OLX Group: Strong performance, with a significant jump in profitability and expanding margins Payments & Fintech – PayU: Strong topline growth and improving profitability, despite challenging market conditions Etail: eMAG achieved target of overall profitability for FY25 For full details of the Group’s results, please visit www.prosus.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20250622446660/en/ Contacts Enquiries Investor Enquiries Eoin Ryan, Head of Investor Relations +1 347-210-4305 Media Enquiries Charlie Pemberton, Communications Director +31 6 15494359

View stock analysis, news, and events for Prosus N.v. Class N