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Net 1 UEPS Technologies Inc.
Short Name:NET1UEPSJSE Code:NT1
Sector:Support ServicesReg No:98-0171860
Founded:08/05/1997Listed:08/10/2008
Nature of business:
Net 1 UEPS Technologies, Inc. ('Net1' and collectively with its consolidated subsidiaries, the 'company') was incorporated in the State of Florida on May 8, 1997. The company provides payment solutions and transaction processing services across a wide range of industries and in various geographies. It has developed and markets a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies. Its universal electronic payment system ('UEPS') uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time with other card holders in even the most remote areas. The company also develops and provides secure transaction technology solutions and services, and offers transaction processing, financial and on-line real-time healthcare management solutions in the United States. The company's technology is widely used in South Africa today, where it distributes pension and welfare payments to recipient cardholders in South Africa, provides financial services, processes debit and credit card payment transactions on behalf of retailers through its EasyPay system, processes value-added services such as bill payments and prepaid electricity for the major bill issuers and local councils in South Africa, processes third-party and associated payroll payments for employees and provides mobile telephone top-up transactions for the major South African mobile carriers. Through KSNET, the Company offers card processing, payment gateway ('PG') and banking value-added network services ('VAN') in South Korea.
Next AGM: 15/11/2017 (Confirmed)

General Information:
Chairman:Christopher S Seabrooke
Company Secretary:Herman Gideon Kotze
E-mail Address:hermank@net1ueps.co.za
Postal Address:PO Box 2424, Parklands, 2121
Internet Address:http://www.net1.com
Telephone:(011) 343-2000
Fax:(011) 880-7080

Financial Information:
Amounts in USD '000JUN 2017
Final
MAR 2017
Quarterly
Income Statement
 
Turnover 610 066147 944
Operating Income 97 04324 547
Income Attributable To Equity Holders 72 95418 392
 
Earnings Per Share (ZARc) per share (cents)1 825.08489.14
Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)1 811.46489.14
 
Balance Sheet
 
Ordinary Shareholders' Interest 597 569593 851
Total Long-Term Liabilities 21 43530 203
Fixed Assets 39 41143 901
Other Current Assets 722 954558 867
 
Net Asset Value Per Share (ZARc) (cents)13 834.1713 977.02

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