Araxi Ltd 2018 IR
The report outlines Capital Appreciation Limited's transition from a Special Purpose Acquisition Company to a listed operating company on the JSE Main Board following the acquisitions of African Resonance, Dashpay, and Synthesis. For the fiscal year ended March 31, 2018, the Group achieved a turnover of R571.3 million, EBITDA of R177.5 million, and headline earnings of R143.4 million. The Payments & Payment Infrastructure division expanded its terminal estate to over 75,000 terminals, while the Software & Services division grew its cloud consulting and regulatory solutions. Additionally, the company demonstrated its commitment to economic transformation by spending R11.8 million on B-BBEE initiatives, representing approximately 7% of its operating profit.
Company: Araxi Ltd
Sector: Technology & telecommunications
Country: South Africa
Year: 2018
Type: IR
Pages: 124
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Araxi Ltd
Integrated Annual Report
The report outlines Capital Appreciation Limited's transition from a Special Purpose Acquisition Company to a listed operating company on the JSE Main Board following the acquisitions of African Resonance, Dashpay, and Synthesis. For the fiscal year ended March 31, 2018, the Group achieved a turnover of R571.3 million, EBITDA of R177.5 million, and headline earnings of R143.4 million. The Payments & Payment Infrastructure division expanded its terminal estate to over 75,000 terminals, while the Software & Services division grew its cloud consulting and regulatory solutions. Additionally, the company demonstrated its commitment to economic transformation by spending R11.8 million on B-BBEE initiatives, representing approximately 7% of its operating profit.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees