Wrap Text
Condensed consolidated group financial results
for the year ended 31 December 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")
CONDENSED CONSOLIDATED GROUP FINANCIAL RESULTS
for the year ended 31 December 2025 and cash dividend declaration
WEAVER FINTECH SURPASSES R1.1 BILLION IN TRADING PROFIT, AS FINTECH BUSINESS EXPANDS
GROUP REVENUE GROUP TRADING PROFIT* CUSTOMERS HEPS FULL-YEAR DIVIDEND
+23% +41% +40% +40% +42%
R5.5 billion R1.1 billion 4.3 million 552.7 cents 272.0 cents per share
- Fintech trading profit* up 37%, ROE of 27.0%
- Strong liquidity to invest in growth
- Final dividend declared of 132.0 cents per share (2024: 97.0 cents)
- Earnings per share* 3% lower at 383.7 cents (2024: 395.2 cents)
* Trading profit excludes the one-off, non-cash Retail impairment costs of R244 million. Impairment
included in EPS.
As one of South Africa's fastest-growing fintech platforms empowering over 4 million customers
through a seamlessly connected ecosystem of lending, payments and insurance, Weaver Fintech
continues to redefine financial inclusion and digital innovation.
CEO, Sean Wibberley, commented:
"I am extremely pleased with the strong financial performance delivered for FY2025, driven by our
Fintech business, with an outstanding group trading profit growth of 41% to R1.1 billion. Headline
earnings per share increased by 40% to 552.7 cents per share and a 2025 final dividend increased
36%. Group return on equity (excluding Retail impairment) improved by 370 basis points to 14.7%.
A shift and restructuring of the Retail businesses strategy required a one-off non-cash impairment
of assets (R244 million) to drive double-digit returns in that business.
Our Fintech business is firmly established as the primary engine of growth and profitability. 93% of
the group's profits originate from our Fintech ecosystem - a fully integrated suite of fintech
products offered to 3 450 merchants and 4 million customers.
Our fintech ecosystem continues to deliver exceptional growth through the expansion of high-margin
revenue streams and the retention of a large active customer base, coupled with a low cost of
acquiring new customers. We are scaling responsibly, investing in technology, deepening customer
relationships, all while maintaining strong credit risk management that delivers sustainable margin
expansion. Group capital allocation will all be directed to Fintech as it targets a 30% return on
equity," concludes Wibberley.
DIVIDEND DECLARATION
Notice is hereby given that the board of directors has declared a final gross cash dividend of
132.0 cents (105.6 cents net of dividend withholding tax) per ordinary share for the year ended
31 December 2025. The dividend has been declared from income reserves and is funded from 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, 14 April 2026
Shares commence trading "ex" dividend Wednesday, 15 April 2026
Record date Friday, 17 April 2026
Payment date Monday, 20 April 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 15 April 2026 and
Friday, 17 April 2026.
RESULTS ANNOUNCEMENT
The audited group annual financial statements for the year ended 31 December 2025 were approved by
the board on 10 March 2026, upon which PwC has issued an unqualified report. It has been prepared
in compliance with the JSE Listings Requirements.
This results announcement is the responsibility of the directors. As it does not provide all the
details of the group annual financial statements, any investment decisions by investors and
shareholders should be based on consideration of the full group annual financial statements.
The group annual financial statements, together with a comprehensive analysis and outlook, can be
accessed on the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2026/JSE/ISSE/WVRE/FY2025.pdf and published on
https://www.weaverfintech.com/financial-results/
CORPORATE INFORMATION
Registered office: c/o Sanlam Trustees International Limited
Labourdonnais Village, Mapou, Riviere du Rempart, 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, 10 March 2026
Date: 10-03-2026 08:00:00
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