)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Naspers (NPN) investor relations material
Naspers H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Nov, 2025
Executive summary
Achieved 70% growth to $530 million aEBITDA, with expectations to reach $1.1–$1.2 billion profit this year, excluding Jet and La Centrale.
Consolidated revenue rose 20% year-over-year to $4.1bn, led by strong growth in iFood, OLX, and PayU.
All main businesses, including PayU, are now profitable, supporting the path to multi-billion-dollar profits.
Free cash flow improved by $399M, marking the largest ever FCF generation excluding Tencent.
Major acquisitions included Despegar, La Centrale, and Just Eat Takeaway.com (JET).
Financial highlights
Consolidated group revenue reached $3.6B in H1 FY26, up 22% from H1 FY25, with group aEBITDA increasing from $213M to $423M.
Free cash flow from total operations rose from $897M to $1.3B YoY.
Net cash position at $1.8B as of 30 September 2025, with a 7.5% loan-to-value ratio and investment grade credit ratings.
Over $40 billion in buybacks completed, generating more than $60 billion in results.
$1.2 billion in assets sold YTD, on track for at least $2 billion in asset sales this year.
Outlook and guidance
Profit guidance for the year is $1.1–$1.2 billion, with expectations to reach $2–$4 billion in EBITDA in coming years.
On track to achieve FY26 targets of $7.3B+ consolidated ecommerce revenue and $1.1B+ aEBITDA.
Ambition to more than double ecommerce revenue and aEBITDA by FY28, assuming constant currency and no major acquisitions/disposals.
Jet's guidance will be updated after a 45-day operational review; current performance is below previous expectations.
No major M&A planned in the near term; focus is on integrating recent acquisitions and driving ecosystem synergies.
Future capital allocation priorities?
AI's impact on ecosystem competitive edge?
Sustaining Ecommerce profit growth ex-Tencent?
What are the immediate priorities for JET turnaround?
How will buyback optimization impact Tencent exposure?
Detail AI's role in OLX's competitive advantage
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Naspers earnings date
H2 202622 Jun, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Naspers Limited is a South African multinational corporation operating primarily in the internet and technology sectors. The company is a leading global consumer internet group and technology investor, focusing its operations and investments in areas such as online classifieds, payments and fintech, food delivery, and education technology. Naspers has a significant presence in various markets around the world, including Europe, India, and Brazil, through its international internet assets division. The company is headquartered in Cape Town, South Africa, and its shares are listed on the Johannesburg Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage