Wrap Text
Reviewed consolidated provisional financial results for the year ended 31 December 2020
4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
JSE share code: 4SI ISIN: MU0557S00001
("4Sight" or "the Company"” or "the Group")
SHORT FORM ANNOUNCEMENT: REVIEWED CONSOLIDATED PROVISIONAL FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020
“The new board and executive committee formulated a business strategy and commenced with their implementation in
November 2019. The implementation thereof has paid off for the Group, where we secured new business and delivered
digital transformation solutions to our customers and to ourselves. This resulted in minimal disruption during the
COVID-19 pandemic. The execution of this strategy will continue to secure and improve the results achieved in 2020.”
Group CEO – Tertius Zitzke
HIGHLIGHTS
Highlights for the year ended 31 December 2020, in ZAR terms, included the following:
- Increase in revenue by 1.7% from ZAR515.3 million to ZAR523.8 million.
- The gross profit margin decreased by 0,1% from 53,7% to 53,6%.
- Increase in profit after tax from continuing operations in excess of 100%.
- Increase in cash balances during tough trading conditions by 41.9% from ZAR46.7 million to ZAR66.3 million.
Unit 31 December 2020 31 December 2019 Percentage
Revenue USD 31 674 230 33 944 407 (6.7%)
Operating Profit USD 1 688 552 544 712 210.0%
Earnings per share (EPS) US cents 0.081 (3.685) greater than 100.0%
EPS continuing operations US cents 0.214 (0.085) greater than 100.0%
EPS discontinued operations US cents (0.133) (3.600) (96.3%)
Headline earnings per share
US cents
(HEPS) 0.041 (0.006) greater than 100%
HEPS continuing operations US cents 0.213 0.393 (45.8%)
HEPS discontinued operations US cents (0.172) (0.400) (57.0%)
4Sight Holdings Limited is a public company, incorporated on 29 June 2017 in accordance with the laws of the Republic
of Mauritius, specifically for the listing of the 4Sight Group on 19 October 2017. As a multi-national diversified
investment holding company, we leverage our subsidiaries' extensive product and services portfolio of Industry 4.0
technology solutions, to create impact that empowers customers to make better and more informed decisions in the
modern digital economy.
SHORT FORM ANNOUNCEMENT
This short form announcement is the responsibility of the directors and is only a summary of the full announcement
released on SENS on 29 March 2021.
This short form announcement does not contain full or complete details pertaining to the company's results. Any
investment decisions by investors and/or shareholders should therefore be based on consideration of the full
announcement which may be downloaded from the company's website at www.4sightholdings.com and may be viewed
at the registered offices of the company and of the designated advisor, or is available electronically from
investors@4sightholdings.com, at no charge, during normal business hours for a period of 30 days after the release of
this announcement. The full announcement is also available on the JSE's website at
https://senspdf.jse.co.za/documents/2021/jse/isse/4SIE/FY2020.pdf
Directors:
Executive directors:
Tertius Zitzke (Chief Executive Officer), Eric van der Merwe (Financial Director)
Non-executive directors:
Kamil Patel (Chairman), Herman Singh, Johan Nel, Andrew Murgatroyd, Marichen Mortimer, Christopher Crowe,
Dr Sidharth Sharma
Registered office:
Navitas House, Robinson Lane, Floreal, Mauritius
www.4sightholdings.com
Designated advisor:
Java Capital
6th Floor, 1 Park Lane, Wierda Valley, Sandton, 2196
Company secretary:
Navitas Management Services Limited C/o Navitas Management Services Limited, Navitas House, Robinson Lane,
Floreal, Mauritius
Transfer Secretary:
JSE Investor Services South Africa (Pty) Limited
29 March 2021
Designated advisor
Java capital
Date: 29-03-2021 04:20:00
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