Wrap Text
Reviewed condensed consolidated results announcement for the year ended 31 March 2025 and cash dividend declaration
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)
Reviewed condensed consolidated year end results announcement for the year ended 31 March 2025
March 2025 March 2024 %
R000's R000's movement
Revenue 3 155 470 3 059 299 3.1
Operating Profit 441 722 490 873 (10,0)
Profit from the year from continuing operations 305 534 333 871 (8.5)
Profit for the year 303 003 333 871 (9.2)
Net asset value per share (cents) 661 645 2.4
Basic Earnings/(Loss) per share (cents) 45.99 50.72 (9.3)
Headline earnings/(loss) per share (cents) 45.63 50.68 (10.0)
Dividend declared per share (cents) 15.00000 16.00000 (6.3)
eMedia believes its financial performance is fair and satisfactory under the circumstances that was impacted by
huge volatility in the Rand and little or no investment in a depressed economy. Television advertising revenue
is the most significant revenue contributor to eMedia and generally the advertising revenue over the most
traditional discipline of television advertising has retracted. On an operational level, the legal battles with
MultiChoice finally came to an end, and the fight with the department of communication around analogue switch-off
continued, with legal fees ending in R7.4 million more than the prior year, as well as a cancellation fee payable
for exiting a high-beam contract no longer needed, which amounted to R27 million.
For eMedia, an important measure of good performance is its ability to consistently declare a dividend to its
shareholders. The group is happy to report once again that there would be a payment of a dividend similar to last
year, with a dividend of 15.00000 cents (2024: 16.00000 cents) per share at the close of the financial year.
The directors of eMedia Holdings have resolved to declare a final cash dividend for the period ended 31 March 2025 of
15.00000 cents per share (2024: 16.00000 cents), to be paid from income reserves. 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 12.00000 cents per ordinary share and 15.00000 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: Tuesday, 17 June 2025
Commence trading ex dividend: Wednesday, 18 June 2025
Record date: Friday, 20 June 2025
Payment date: Monday, 23 June 2025
Share certificates may not be dematerialised nor rematerialised between Wednesday, 18 June 2025 and Friday,
20 June 2025 both dates inclusive.
No of Ordinary Shares: 63 810 244 Thursday, 29 May 2025
No of N Shares: 381 927 359 Thursday, 29 May 2025
This reviewed 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 condensed consolidated financial information for the year ended has been reviewed by Forvis Mazars, who expressed
an unmodified review conclusion.
Any investment decision should be based on the full announcement, which can be found on the Company's website at
www.emediaholdings.co.za and also at the following link: https://senspdf.jse.co.za/documents/2025/jse/isse/EMNE/YE25.pdf
For and on behalf of the board
Mahomed Khalik Sherrif Antonio Lee
Chief Executive Officer Financial director
Directors: JA Copelyn* (person), MKI Sherrif (chief executive officer), AS Lee (financial director), TG Govender*,
Y Shaik*, VE Mphande*^, L Govender*^, 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,
PO Box 61051, Marshalltown, 2107
Auditors: Forvis Mazars, Melrose Estate, 54 Glenhove Road, Randburg, 2196, Private Bag X10046, Sandton, 2146
Thursday, 29 May 2025
Date: 29-05-2025 04:00:00
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