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eMEDIA HOLDINGS LIMITED - Unaudited Consolidated Condensed Interim Results and Cash Dividend Declaration for the period ended 30 Sep 2025

Release Date: 27/11/2025 12:56
Code(s): EMN EMH     PDF:  
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Unaudited Consolidated Condensed Interim Results and Cash Dividend Declaration for the period ended 30 Sep 2025

eMedia Holdings Limited 
(Incorporated in the Republic of South Africa) 
(Registration number 1968/011249/06) 
(Tax Reference number 9650144711)
Ordinary shares (share code: EMH - ISIN: ZAE000208898) 
N ordinary shares (share code: EMN - ISIN: ZAE000209524) 
(eMedia Holdings or the Company or the Group)

Unaudited consolidated condensed interim results and cash dividend declaration for the period ended 30 September 2025

                                                   September 2025      September 2024              % 
                                                           R000's              R000's       movement 
Revenue                                                 1 529 517           1 580 651         (3,2)% 
Operating Profit                                          232 721             221 285           5,2% 
Profit from the year from continuing operations           174 829             148 104          18,0% 
Profit for the year                                       174 829             146 838          19,1% 
Net asset value per share (cents)                             656                 651           0,7% 
Basic earnings/(loss) per share (cents)                     27,05               22,27          21,5% 
Headline earnings/(loss) per share (cents)                  27,09               22,42          20,9% 
Dividend declared per share (cents)                         14,00               14,00           0,0% 

The first half of the 2026 financial year, despite its various challenges and macroeconomic constraints, has seen a steady 
start for the Group, as it continued its trend towards the end of the previous year of consistently outperforming the market 
for advertising revenue. Profit from continuing operations for the period ended on R174.8 million compared to the prior 
year of R148.1 million, a year-on-year increase of 18%. The Group improved year-on-year net profit, despite the significant 
challenges faced with regard to the declining advertising market. This improved performance is due to the cost savings 
around the high beam satellite transponder space, the lease was cancelled last year, legal fees and effectively managing 
content costs.

The directors of eMedia Holdings have resolved to declare an interim cash dividend for the period ended 30 September 2025 of 
14.0 cents per share (2024: 14.0 cents). The dividend to shareholders relates to the ordinary shares (share code: EMH) and 
N ordinary shares (share code: EMN). The dividend will be subject to a local dividend withholding tax at a rate of 20%, which 
will result in a net final dividend to those shareholders not exempt from paying dividend withholding tax of 11.2 cents per 
ordinary share and 14.0 cents per ordinary share for those shareholders who are exempt from dividend withholding tax. In 
terms of dividend withholding tax legislation, any dividend withholding tax amount due will be withheld and paid over to the 
South African Revenue Service by a nominee company, stockbroker or Central Securities Depository Participant (collectively 
regulated intermediary) on behalf of shareholders. All shareholders should declare their status to their regulated intermediary 
as they may qualify for a reduced dividend withholding tax rate or exemption. The salient dates for the payment of the dividend 
are as follows:
Last day to trade cum dividend:           Monday, 15 December 2025
Commence trading ex dividend:          Wednesday, 17 December 2025
Record date:                              Friday, 19 December 2025
Payment date:                             Monday, 22 December 2025

Share certificates may not be dematerialised nor rematerialised between Wednesday, 17 December 2025 and Friday, 19 December 2025 
both dates inclusive.

Issued Share Capital at declaration date:
Ordinary Shares:      63 810 244
N ordinary Shares:   596 578 331
Treasury Shares:      20 953 410

The distribution above will be made from income reserves.

This short-form announcement is the responsibility of the directors and is only a summary of the information in the full 
announcement and does not contain full or complete details. The information contained in these results has not been reviewed 
and reported on by the Group's external auditors.

Any investment decision should be based on the full announcement, which can be found on the Company's website at
http://www.emediaholdings.co.za and also at the following link: https://senspdf.jse.co.za/documents/2025/jse/isse/EMNE/Interims.pdf

The full announcement is available at 4 Albury Road, Dunkeld West, Hyde Park, Johannesburg, 2196 free of charge, to investors 
and/or shareholders, during office hours (09:00 to 17:00) from Monday to Friday. 

Mahomed Khalik Sherrif                    Antonio Lee
Chief Executive Officer            Financial director

Directors: JA Copelyn* (chairperson), MKI Sherrif (chief executive officer), AS Lee (financial director), TG Govender*, Y Shaik*, 
VE Mphande*^, L Govender*^, HJ Carse *^ (appointed 7 October 2025), RD Watson*^ (lead independent)

*Non-executive    ^Independent

Company Secretary: HCI Managerial Services Proprietary Limited

Registered Office: 4 Albury Road, Dunkeld West, Hyde Park, Johannesburg, 2196, Private Bag X9944, Sandton, 2146

Sponsor: Investec Bank Limited, 100 Grayston Drive, Sandton, Sandown, 2196

Transfer Secretary: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196,
Private Bag X9000, Saxonwold, 2132

Auditors: Forvis Mazars, Melrose Estate, 54 Glenhove Road, Randburg, 2196, Private Bag X10046, Sandton, 2146

Thursday, 27 November 2025

Date: 27-11-2025 12:56:00
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