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    Information technology services
Altron Limited Class A

Altron Limited Class A

JJSE:AEL
2,754.00
ZAC
+23.00
(+0.84%)
783.78BMarket Cap
Nov 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
69.71
36.12
42.6
41.05
39.83
42.38
19.89
20.19
21.32
22.39
25.36
25.24
25.23
- -
Basic EPS, GAAP
1.92
-0.03
-2.59
-0.55
0.51
1.92
1.75
32.7
-0.28
-0.01
-0.45
1.03
1.9
- -
Free Cash Flow per Basic Share
0.01
1.56
2.33
-0.65
1.16
1.65
2.06
3.05
0.03
1.33
1.74
1.53
1.68
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
10.8
8.45
6.69
7.52
9.52
10.62
12.89
11.32
11.09
10.38
10.53
11.47
10.53
Tangible Book Value per Share
-17.3
6.63
5.36
3.47
3.02
4.23
5.25
9.15
7.24
6.94
6.33
6.47
7.34
6.47
Basic Weighted Avg Shares
321
333
337
338
370
371
371
372
372
377
379
380
382
380
Sales/Revenue/Turnover
22,345
12,014
14,357
13,892
14,743
15,723
7,383
7,505
7,930
8,445
9,603
9,588
9,637
- -
Operating Margin (%)
5.06
6.88
4.89
5.24
5.38
6.62
5.78
4.81
6.37
7.66
7.61
10.42
12.47
- -
Depreciation Expense
446
556
450
222
252
312
494
489
379
540
540
540
472
- -
Net Income, GAAP
615
-9
-873
-185
187
711
648
12,154
-104
-4
-170
390
727
- -
Effective Tax Rate (%)
31.84
30.92
24.05
19.1
25.62
18.85
29.07
26.56
44.37
26.18
23.82
19.58
19.92
- -
Profit Margin (%)
2.75
-0.07
-6.08
-1.33
1.27
4.52
8.78
161.95
-1.31
-0.05
-1.77
4.07
7.54
- -
Working Capital
-487
2,526
2,646
1,183
327
626
1,703
2,839
2,487
2,181
1,471
1,277
1,999
1,277
LT Debt
283
3,191
2,675
2,000
1,464
1,262
2,098
1,573
1,750
1,847
1,390
950
1,335
950
Total Equity
258
3,762
2,736
2,028
2,545
3,373
3,751
4,866
4,354
4,314
4,077
4,184
4,569
4,184
Return on Invested Capital (%)
11.96
8.67
5.82
8.94
10.71
13.89
4.64
3.45
2.33
6.26
7.61
11.87
14.85
- -
Return on Capital (%)
10.69
2.77
-5.03
4.42
8.58
15.79
13.35
168.72
-0.18
1.88
-0.76
8.36
13.34
- -
Return on Common Equity (%)
23.52
-0.49
-26.92
-7.23
7.39
22.48
17.33
279.15
-2.31
-0.09
-4.18
9.82
17.29
- -

Capital Structure

ZAR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
ST Debt
793
727
742
LT Borrowings
425
226
- -
LT Finance Leases
965
727
950
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
379
379
381
Market Capitalization
3,901
6,446
7,838

Working Capital

ZAR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
Total Current Assets
4,802
4,406
4,593
Cash, Cash Equivalents & STI
1,040
673
886
Accounts Receivable, Net
1,622
2,281
1,508
Inventories
971
1,005
822
Total Current Liabilities
3,331
3,184
3,316
Payables & Accruals
- -
- -
- -
ST Debt
793
727
742
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.8%
-1.02%
9.2%
Free Cash Flow
407.75%
877.09%
10.14%
Net Income, GAAP
547.71%
742%
86.41%
Sales/Revenue/Turnover
-1.56%
5.24%
0.51%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9,603
2025
- -
- -
9,588
2026
- -
- -
9,637

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.45
2025
- -
- -
1.03
2026
- -
- -
1.9

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Werner Kapp
Full Time Employees
4,068
Sector
Technology services
Industry
Information technology services
Address
Altron Woodlands Campus, Building F Woodmead South Africa 2191
IPO Date
Jul 1, 1992
Website
altron.com
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Business
Altron Limited (JSE: AEL.JO) is a South Africa-based information and communications technology company that provides managed services, digital transformation solutions, proprietary platforms, and industrial electronic distribution; its core offerings span managed enterprise IT support including servers, desktops, point-of-sale systems, ATMs, warranty management, and project services; digital solutions encompassing networking, hardware, DevOps, data management, security, cloud computing, artificial intelligence, IT-as-a-service, software asset management, unified communications, and virtualization; proprietary platforms such as Netstar vehicle tracking, fleet management, and telematics; Altron FinTech debit order processing, payment switching, card personalization, credit management software, and person-to-person payments; Altron HealthTech practice management and medical transaction switching; and distribution of components including batteries, solar products, lighting, semiconductors, and aerospace items. The company operates in South Africa, the rest of Africa, Europe, the Middle East, and Australia, targeting enterprises, financial institutions, healthcare providers, retailers, and industrial clients. Founded in 1965 by Dr. Bill Venter and headquartered in Johannesburg, South Africa, Altron focuses on annuity-based revenue from platforms and IT services; recent developments include the sale of Altron People Solutions and Altron Nexus effective August 2025 to streamline operations toward core platforms, a R370 million capital expenditure investment in FY25 for growth in Netstar devices, FinTech rentals, the Altron AI Factory, and HealthTech oncology patient app expansion, alongside 50% operating profit growth from continuing operations for the year ended February 2025, new Group Executive appointments for Legal and Investor Relations in December 2024, and strong interim results for the six months ended August 2025 with 49% EBITDA growth and a 60% higher dividend.