METROFILE HOLDINGS LIMITED - Trading Statement For The Six Months Ended 31 December 2024

Trading Statement For The Six Months Ended 31 December 2024

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile")

TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2024

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as the board of directors is satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported on next will vary by 20% or more
when compared to those of the previous corresponding reporting period.

Metrofile is in the process of finalising its financial results for the six months ended 31 December 2024,
expected to be announced on the Stock Exchange News Service on or about 03 March 2025.

Metrofile shareholders are advised that earnings per share ("EPS"), headline earnings per share
("HEPS"), and normalised headline earnings per share ("NHEPS"), will differ when compared to the
previously reported corresponding period as follows:

                                     6 months to                6 months to                    Variance
                               31 December 2024           31 December 2023
                                        Expected                     Actual
 EPS (cents)                             7.0 to 9.0                      13.0         46% to 31% lower

 HEPS (cents)                           7.0 to 10.0                      13.0         46% to 23% lower

 NHEPS (cents)                          9.0 to 11.0                      13.0         31% to 15% lower


The results, once approved by the Board and released, will contain an outlook section however at this
stage the positive turnaround in MRM South Africa is expected to continue and growth in cloud
services is expected to be in line with previous growth estimates. It is anticipated that current
challenges in the rest of the business will likely persist into the second half of the financial year. We
further anticipate continued debt reduction with a short to medium-term recovery in earnings.

The information contained in this trading statement has not been reviewed or reported on by
Metrofile's external auditors.


Illovo
19 February 2025

Sponsor
The Standard Bank of South Africa Limited

Date: 19-02-2025 02:00:00
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