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Unaudited consolidated interim results for the period ended 30 June 2025 and cash dividend declaration
Weaver Fintech Ltd
(previously HomeChoice International plc)
(Incorporated in the Republic of Mauritius)
(Registration number C171926)
JSE share code: WVR
ISIN: MT0000850108
("WVR" or "the group")
UNAUDITED CONSOLIDATED INTERIM RESULTS
for the period ended 30 June 2025 and cash dividend declaration
MOMENTUM ACROSS THE GROUP FUELS SURGE IN 48% GROWTH IN PROFITS
- Aggressive growth in customers, standing at 3.7 million
- Significant 29% growth in revenue
- Surging profit before tax delivers +48% to R370 million
- Fintech segment PBT up 46.2% and 98% of Weaver profits
- Double-digit Retail sales up 12.1%
- Strong customer collections up 47.1% to R7.7 billion
- Earnings per share up 45% to 285.5 cents (2024: 196.6 cents)
- 45% growth in headline earnings per share to 285.5 cents (2024: 196.9 cents)
- Interim dividend declared of 140.0 cents (2024: 95.0 cents) per share, +47%
- R2.1 billion of cash and unutilised facilities
Evolving from its origins as a homeware provider, the group has grown into a fast-scaling,
highly profitable fintech-driven business, offering financial solutions and homeware products
tailored to 3.7 million connected, mobile-savvy urban South African women.
CEO, Sean Wibberley, commented:
"I am extremely pleased with the strong financial performance delivered in the first half of FY2025,
driven predominantly by our Fintech business, with group profit before tax up 48%.
During this period, the group rebranded from HomeChoice International plc to Weaver Fintech Ltd.
This new name better reflects our strategic evolution, with Fintech now firmly established as
the primary engine of growth and profitability. 98% of the group's profits originate from our
Fintech ecosystem - a fully integrated suite of fintech products offered to 3 100 merchants and
3.3 million customers.
Our results show how deeply our ecosystem resonates with customers and merchants. We are not
just scaling - we're transforming how financial services are accessed and experienced across
South Africa. With a solid technology foundation and a rapidly expanding user base, the group
is well positioned for continued profitability, innovation and lasting impact on digital financial
inclusion," concludes Wibberley.
DIVIDEND DECLARATION
Notice is hereby given that the board of directors has declared an interim gross cash dividend
of 140.000 cents (112.000 cents net of dividend withholding tax) per ordinary share for the
half-year ended 30 June 2025. The dividend has been declared from income reserves and is funded
from Mauritius. WVR is registered in the Republic of Mauritius which makes this a foreign
dividend. A dividend withholding tax of 20% will be applicable to all South African shareholders
who are not exempt.
The issued share capital at the declaration date is 106 730 376 ordinary shares.
The salient dates for the dividend are as follows:
Last day of trade to receive a dividend Tuesday, 26 August 2025
Shares commence trading "ex" dividend Wednesday, 27 August 2025
Record date Friday, 29 August 2025
Payment date Monday, 1 September 2025
Share certificates may not be dematerialised or rematerialised between Wednesday, 27 August 2025 and
Friday, 29 August 2025, both days inclusive.
RESULTS ANNOUNCEMENT
This results announcement is the responsibility of the directors of WVR. It is a summary of
the information contained in the unaudited condensed consolidated group financial results for the
six months ended 30 June 2025 (interim results) and does not contain full or complete details.
Any investment decisions by investors and/or shareholders should be based on a consideration of
the interim results. The interim results, together with a comprehensive analysis and outlook,
can be accessed on the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2025/JSE/ISSE/WVRE/H12025.pdf and published on
https://weaverfintech.com/results/
CORPORATE INFORMATION
Registered office: c/o Sanlam Trustees International Limited
Labourdonnais Village, Mapou, Riviere du Rempart, 31803, Mauritius
Executive directors: S Maltz (Chair*), S Wibberley (Chief Executive Officer),
P Burnett (Chief Financial Officer)
Non-executive directors: E Gutierrez-Garcia*, M Harris, P Joubert (Lead Independent Director),
G Lartigue*, R Phillips, A Ogunsanya* (alternate) * non-independent
Company secretary: Sanlam Trustees International (Mauritius)
Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
Mauritius, 12 August 2025
Date: 12-08-2025 07:30:00
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