|Short Name:||NET1UEPS||JSE Code:||NT1|
|Sector:||Support Services||Reg No:||98-0171860|
|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)
|Chairman:||Christopher S Seabrooke|
|Company Secretary:||Herman Gideon Kotze|
|Postal Address:||PO Box 2424, Parklands, 2121|
|Amounts in USD '000||JUN 2017|
|Turnover ||610 066||147 944|
|Operating Income ||97 043||24 547|
|Income Attributable To Equity Holders ||72 954||18 392|
|Earnings Per Share (ZARc) per share (cents)||1 825.08||489.14|
|Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)||1 811.46||489.14|
|Ordinary Shareholders' Interest ||597 569||593 851|
|Total Long-Term Liabilities ||21 435||30 203|
|Fixed Assets ||39 411||43 901|
|Other Current Assets ||722 954||558 867|
|Net Asset Value Per Share (ZARc) (cents)||13 834.17||13 977.02|
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