Latest news with #Altron
Yahoo
6 days ago
- Business
- Yahoo
Altron's (JSE:AEL) Solid Earnings Have Been Accounted For Conservatively
Altron Limited's (JSE:AEL) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some digging, and we think that investors are missing some encouraging factors in the underlying numbers. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Importantly, our data indicates that Altron's profit was reduced by R119m, due to unusual items, over the last year. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Altron doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Altron's earnings over the last year, but we might see an improvement next year. Because of this, we think Altron's earnings potential is at least as good as it seems, and maybe even better! And on top of that, its earnings per share have grown at an extremely impressive rate over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. While conducting our analysis, we found that Altron has 1 warning sign and it would be unwise to ignore this. This note has only looked at a single factor that sheds light on the nature of Altron's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Altron Full Year 2025 Earnings: EPS: R1.56 (vs R1.14 in FY 2024)
Revenue: R9.70b (up 16% from FY 2024). Net income: R591.0m (up 37% from FY 2024). Profit margin: 6.1% (up from 5.2% in FY 2024). The increase in margin was driven by higher revenue. EPS: R1.56 (up from R1.14 in FY 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Altron shares are up 2.3% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for Altron that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
IOL News
26-05-2025
- Business
- IOL News
Altron's share price rises after the streamlined ICT group posts strong financial results
Altron CEO Werner Kapp. Image: Supplied JSE-listed ICT group Altron's share price increased over 3% on Monday after reporting a substantial 73% hike in headline earnings per share of continuing operations to 173 cents for the year to March 31, 2025. There was strong growth in profitability, primarily driven by the Platforms segment. A 50 cent a share final dividend was up 52% over last year. Revenue of continuing businesses was flat at R9.6 billion, impacted by the sale of the ATM Business hardware and support operations. Excluding ATM Business, revenue increased by 3%. The share was trading at R24.16 on Monday afternoon on the JSE, a price that had rallied from R13.20 a year ago. 'Our high annuity revenue base provides a solid foundation, with our Platforms segment a key growth driver, delivering double-digit revenue and profit growth. This consistent performance has strengthened our financial position and enabled us to deliver meaningful value to our shareholders," CEO Werner Kapp said in a statement. Ashburton Investments Head of Equity Charl de Villiers said the focus of the group had shifted somewhat from its traditional IT businesses, due to the weaker macroeconomic environment in South Africa, to the group's Netstar and Altron FinTech businesses that have grown strongly over the past two years. He said a clean-up of the group's portfolio meant the 2026 financial year would likely be the first that results would be presented free from impairments and losses of underperforming units. There were also potentially longer-term international and value unlock opportunities, in Netstar in particular, he said. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Altron's earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 27% to R1.8bn. Operating profit increased 50% to R972 million. Continuing operations include Netstar, Altron FinTech, Altron HealthTech, Altron Digital Business, Altron Security, Altron Document Solutions, Altron Arrow and excludes Altron Nexus. The ATM Business of Altron Managed Solutions was sold from July 2023, with four months trading included in the comparative results. In terms of total operations, Altron's revenue fell 4% to R9.9bn primarily due to the sale of ATM Business and lower revenue at Altron Nexus after its restructuring. Excluding ATM Business, revenue reduced 1%. Netstar delivered a robust performance - EBITDA was up 17% to R935m following a 16% growth in subscribers to over 2 million, supported by double-digit growth in both the consumer and enterprise segments. Netstar's global fleet bureau scaled to over 33,000 assets, supporting growth in data-driven managed services revenue. Altron FinTech increased EBITDA by 38% to R457m, driven by strong growth in the SME customer base and increased volume and value of debit orders processed through its collection and payment platform. Within IT Services, Altron Document Solutions was reclassified as a continuing operation following a review. Altron Document Solutions delivered EBITDA of R84m compared to an EBITDA loss of R74m last year, while profit improvement strategies are still underway. Some R645m growth capital expenditure was invested, focused on Netstar, Altron FinTech and systems and platforms. "This year's strong results reflect the disciplined execution of our strategy, despite heightened economic and political uncertainty,' said Kapp. The Platforms segment, where capital was allocated to support strategic growth, saw a 12% lift in revenue, a 23% increase in EBITDA and a 30% increase in operating profit. An agreement had been reached to sell Altron Nexus, the group's remaining discontinued operation, to a consortium that includes members of Altron Nexus' management team. The group had re-organised its businesses on March 1, 2024, as part of a strategy to become the leading platform and IT services business in its chosen markets. Altron Digital Business made 'solid progress' in integrating Altron Systems Integration, Altron Karabina, and Altron Managed Solutions. Altron Nexus, listed in discontinued operations, reported revenue of R343m versus R659m the prior year. EBITDA improved to a R149m loss from a R421m loss. The management buyout was not expected to generate any disposal proceeds for the group. Visit: BUSINESS REPORT
Hamilton Spectator
22-05-2025
- Business
- Hamilton Spectator
Powering South Africa's IoT Future: Friendly Technologies and Altron Enable Secure, Scalable Device Management for Any Industry
FOREST HILLS, N.Y., May 22, 2025 (GLOBE NEWSWIRE) — The Internet of Things is gaining serious momentum in Africa—and now, with a strengthened alliance between Friendly Technologies and Altron Digital Business, scalable, secure IoT device management is more accessible than ever before. Friendly Technologies, a global leader in IoT and device management platforms, is expanding its enterprise-grade One-IoT Platform across Southern Africa, building on its successful relationship with Altron, a leading South African systems integrator. The expansion will empower utilities, cities, and enterprises to deploy and manage IoT at scale—with less friction and more flexibility. Originally launched in 2019 to bring Friendly's CPE Management to telcos in the region, the partnership now levels up to support cross-industry digital transformation—from smart utilities and industrial automation to connected health and public infrastructure. 'We have received excellent support from Friendly Technologies, and they are always willing to walk the extra mile in supporting the local team,' explains Charles Adams, Practice Lead Smart Industrial Solutions at Altron Digital Business. 'Their One-IoT platform brings unmatched flexibility and reliability to our IoT portfolio.' With multi-tenant architecture, open APIs, and protocol-agnostic support—including TR-069/TR-369, MQTT, and LwM2M—One-IoT makes it easy for service providers and enterprises to: 'Altron brings deep local knowledge and trusted customer relationships. Together, we're helping South African businesses take control of their digital infrastructure—without complexity,' said Dror Braunstein, VP Sales at Friendly Technologies. Already in use by over 300 companies worldwide—including Orange, Reliance Jio, and Coca-Cola—Friendly's One-IoT Platform is accelerating time-to-market, reducing operational headaches, and unlocking new value from connected devices. About Friendly Technologies Friendly Technologies is a global pioneer in unified device and IoT management. Our One-IoT, Wi-Fi, and Unified Device Management platforms support millions of devices across any protocol, enabling rapid, secure, and scalable deployments. From predictive maintenance and QoE monitoring tto real-time analytics and automation, Friendly empowers service providers to reduce churn, streamline operations, and elevate the digital experience. About Altron Digital Business Altron Digital Business, part of the Altron Group, is a South African leader in IoT, cloud, and digital transformation solutions. With a footprint across Africa, Altron helps public and private sector organizations modernize operations, enhance service delivery, and unlock business growth through cutting-edge technology integration. Contact:
