Tech company earnings and financials
Canal+ says MultiChoice revenue fell 3% like-for-like in nine months as DStv's SA subscription revenue slid, with a strong rand flattering the euro figure.
Karooooo's Q2 operating profit hit a record R422m, but free cash flow was R41m after Cartrack nearly doubled its device stock ahead of memory price rises.
Altron declared a R500m special dividend after three years of stronger cash generation. The payout says as much about its business mix as its balance sheet.
Altron lifted FY26 operating profit 25% to R1.2bn as platform businesses outgrew weaker IT services, giving a clearer picture of where local tech margins sit.
Lesaka Technologies has reported its first full-year net profit since the former Net1 business was rebranded in 2022, marking a major turnaround milestone.
Datatec's R29-a-share special distribution totals R7.05 billion. Founder Jens Montanana's 19.01% stake is worth about R1.3 billion before tax.