Weaver Fintech (WVR) investor relations material

Executive summary

• Revenue grew 29% year-over-year to R2.6 billion, with profit before tax up 48% to R370 million, driven by fintech expansion and digital engagement; fintech now generates over 90% of profits.

• Customer base reached 3.7 million, up 48% year-over-year, with 91–95% of transactions digital and 70% of customers being women, average age 37.

• Fee-based income rose to 28% of revenue, reflecting successful diversification and scaling of digital products.

• Strategic focus on expanding B2C and B2B ecosystems, leveraging AI for customer experience and operational efficiency.

• Retail segment delivered 12–16% sales growth, supported by new showroom rollouts and improved product mix.

Financial highlights

• Group profit before tax increased 48% year-over-year to R370 million; operating profit up 45% to R564 million.

• Group revenue up 29% to R2.6 billion; headline earnings per share rose 45%; dividend per share up 47%.

• Cash collections surged 47% to R7.7 billion; fintech loan disbursements and payments GMV both grew over 50%.

• Fee-based income now 28% of total revenue, up from 25% last year; lending income contributed 46%.

• Profit before tax margin increased to 14.2% from 12.5% last year.

Outlook and guidance

• Continued focus on scaling new products, embedding the digital ecosystem, and leveraging AI for the next five years.

• Second half expected to see further scale, with disbursements up 25%, GMV up nearly 100%, and retail sales up 12% since June.

• Significant runway for growth in South Africa, with plans to expand product offerings and consider international opportunities.

• Retail network expansion to 100 showrooms is a key growth lever, with continued momentum in disbursements, GMV, and sales.

• Focus on cross-selling digital financial services and leveraging data analytics for next-generation product development.