Araxi Ltd 2021 IR
The report highlights Capital Appreciation Limited's performance for the fiscal year ended March 31, 2021, amidst the challenges of the COVID-19 pandemic. The company experienced accelerated demand for digitalization, growing its terminal estate in the Payments division by 17% to 217,000 terminals and expanding its Software division's annuity income. Capital Appreciation maintained a strong, debt-free balance sheet with R538.3 million in cash and increased its annual dividend by 10% to 5.50 cents. The Group also advanced its transformation initiatives, investing in LayUp Technologies and supporting GovChat's public sector communication platform.
Company: Araxi Ltd
Sector: Technology & telecommunications
Country: South Africa
Year: 2021
Type: IR
Pages: 196
Araxi Ltd
The report highlights Capital Appreciation Limited's performance for the fiscal year ended March 31, 2021, amidst the challenges of the COVID-19 pandemic. The company experienced accelerated demand for digitalization, growing its terminal estate in the Payments division by 17% to 217,000 terminals and expanding its Software division's annuity income. Capital Appreciation maintained a strong, debt-free balance sheet with R538.3 million in cash and increased its annual dividend by 10% to 5.50 cents. The Group also advanced its transformation initiatives, investing in LayUp Technologies and supporting GovChat's public sector communication platform.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
Jul 26, 2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees