Discovery Limited
DCYHY
Other OTC27.15
USD
- -
- -
ISIN
US25470G1022
CUSIP
25470G102
Return %
Stock
S&P500
1Y
- -
15.98
3Y
23.69
62.25
5Y
0.37
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Adrian Gore
- Full Time Employees
- 13,800
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 1 Discovery Place Sandton GT South Africa 2146
- IPO Date
- Oct 15, 2015
- Website
- discovery.co.za
- Similar Companies
- Business
- Discovery Limited (DCYHY) is a South African financial services group focused on insurance, healthcare administration, savings, banking, and wellness programs. The company operates through key segments including SA Health, SA Life, SA Invest, SA Insure, SA Bank, UK Health, UK Life, and Vitality; it offers medical scheme administration and managed care services through Discovery Health, which administers over 39% of South African medical scheme membership and provides gap cover, Flexicare, and Healthy Company products; life insurance and financial solutions against lifestyle events via SA Life; comprehensive local and offshore investment plans with over R120 billion in assets under administration through Discovery Invest; innovative car, home, business, and short-term insurance including motor, building, household content, and portable possessions coverage through Discovery Insure, insuring over 285,000 vehicles; digital retail banking solutions encompassing deposits, loans, and advances through Discovery Bank, which has attracted over 1 million accounts; private medical insurance for individuals, corporates, and SMEs through VitalityHealth in the UK; long-term life, critical illness, and income protection cover through VitalityLife; and the Vitality shared-value program delivering health, driving, and financial incentives to improve client behaviors and reduce risks. Discovery maintains a global footprint across 41 markets impacting over 42 million lives, with principal operations in South Africa and the United Kingdom, supplemented by Vitality licensing partnerships in Asia-Pacific, Europe, North America, South America, and Africa including equity stakes in Ping An Health (China) and Amplify; founded in 1992 and headquartered at 1 Discovery Place, Sandton, Johannesburg, South Africa, it employs over 13,800 people and had a market capitalization of R107 billion as of September 2024. Recent developments encompass ongoing geographic expansions, with Vitality Health International launching Travel for Treatment services across Africa in 2021 and new market entries in 2022-2023 such as Mozambique, Nigeria, Kenya, Ghana, Zambia, DRC, Czech Republic, Poland, Tanzania, and India through partnerships including Generali and AIA; product innovations like Discovery Bank reaching 1 million accounts post-launch, VitalityInvest in the UK, and Umbrella Funds; and sustained growth in core businesses evidenced by interim financial results presentations scheduled for March 2025, reflecting robust operational performance amid its shared-value insurance model.
Discovery Limited (DCYHY) Shareholder/Analyst Call Prepared Remarks Transcript