African Media Entertainment Limited

African Media Entertainment Limited

JJSE:AME
6,000.00
ZAC
-631.00
(-9.52%)
27.73BMarket Cap
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
29.7
31.2
29.32
29.88
32.51
32.96
33.15
25.26
31.81
35.64
41.46
45.44
51.91
- -
Basic EPS, GAAP
5.25
6.08
5.91
6.09
5.41
2.81
1.3
0.04
3.72
4.86
7.92
8.07
7.26
- -
Free Cash Flow per Basic Share
7.12
3.23
5.03
5.59
3.36
1.52
-2.18
3.12
5.22
4.94
8.51
6.75
8.11
- -
Dividend per Share
3.02
2.98
3.47
3.41
3.47
2.85
1.5
- -
1.8
3.07
3.48
4.71
4.47
- -
Book Value per Share
21
24.26
26.29
28.14
30.28
30.77
30.53
30.32
31.94
34.43
42.57
48.01
52.92
52.92
Tangible Book Value per Share
16.19
19.49
21.5
23.25
19.75
24.48
24.72
25.66
27.22
29.25
37.25
42.68
47.59
47.59
Basic Weighted Avg Shares
8
8
8
8
8
8
8
8
8
8
7
7
7
7
Sales/Revenue/Turnover
243
255
238
239
263
264
263
200
251
269
290
315
360
- -
Operating Margin (%)
24.95
27.68
28.1
30.44
22.78
26.69
17.64
11.07
15.85
15.5
15.95
19.65
19.04
- -
Depreciation Expense
4
4
6
6
7
6
6
7
7
7
7
6
6
- -
Net Income, GAAP
43
50
48
49
44
22
10
- -
29
37
55
56
50
- -
Effective Tax Rate (%)
27.55
27.74
27.92
27.05
27.62
30.26
29.01
83.79
27.11
23.3
17.66
19.11
25.12
- -
Profit Margin (%)
17.67
19.49
20.16
20.39
16.65
8.52
3.93
0.14
11.7
13.62
19.11
17.75
13.99
- -
Working Capital
76
76
80
92
66
69
53
76
91
85
57
58
78
78
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
34
14
- -
- -
Total Equity
176
202
219
231
262
246
257
255
264
261
309
338
372
372
Return on Invested Capital (%)
26.03
26.73
22.21
20.84
17.35
19.21
12.98
1.39
11.06
13.13
14.3
13.39
13.6
- -
Return on Capital (%)
22.03
22.62
20.22
18.35
14.93
13.13
2.75
-0.83
9.71
11.44
15.99
14.39
12.63
- -
Return on Common Equity (%)
25.94
26.5
23.03
21.95
18.53
9.13
4.23
0.12
11.95
14.74
20.5
17.81
14.39
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
21
2
- -
LT Borrowings
13
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
277
312
277

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
164
162
172
Cash, Cash Equivalents & STI
84
60
86
Accounts Receivable, Net
75
94
80
Inventories
- -
- -
- -
Total Current Liabilities
105
121
94
Payables & Accruals
- -
- -
- -
ST Debt
21
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.7%
8.03%
10.06%
Free Cash Flow
-45.47%
23.13%
20.1%
Net Income, GAAP
1,016.05%
2,073.85%
-9.96%
Sales/Revenue/Turnover
4.96%
12.64%
14.23%
Total Cash Common Dividend
- -
- -
-5.05%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
290
2025
- -
- -
315
2026
- -
- -
360

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7.92
2025
- -
- -
8.07
2026
- -
- -
7.26

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.48
2025
- -
- -
4.71
2026
- -
- -
4.47

Company Description

CEO
David Tiltmann
Full Time Employees
229
Sector
Consumer services
Industry
Broadcasting
Address
AME House Johannesburg South Africa 2198
IPO Date
Jul 1, 1992
Website
ame.co.za
Business
African Media Entertainment Limited (AME.JO) operates as a media and entertainment company focused on radio broadcasting and complementary digital and marketing services in South Africa. The company owns and operates key radio stations including Algoa FM, broadcasting music, news, and entertainment from the Garden Route to the Wild Coast; OFM, serving the Free State, North West Province, Northern Cape, and southern Gauteng; and holds a strategic interest in HOT 1027 (also referred to as Classic 1027), South Africa's commercial classical music station in Gauteng. Its media services portfolio encompasses United Stations, a specialist radio and digital sales house; MediaHeads 360, which develops integrated strategic marketing campaigns across platforms; Moneyweb, providing premier online business, financial, and investment news via moneyweb.co.za; Digital Platforms, offering website design, social media marketing, search engine optimization, hosting, e-commerce, and mobile app development; and Mahareng Publishing (part of Central Media Group), delivering local print products and custom design solutions. Founded in 1997 and headquartered at AME Office Park, No. 5 8th Street, Houghton Estate, Johannesburg, the company lists on the Johannesburg Stock Exchange under the Media & Entertainment sector and generates all revenue within South Africa across radio broadcasting (approximately 71.5% of net sales) and advertising services (28.5%). It targets advertisers, businesses seeking media integration, and audiences in regional markets through its complementary radio and digital assets. In a significant recent development, United Stations, a subsidiary, was appointed as the exclusive sales partner for Kaya 959 effective February 1, 2025, following a competitive request for proposal process, expanding its radio sales representation capabilities. The company held its Annual General Meeting on August 28, 2025, where all resolutions, including director re-elections, auditor approvals, and authorities for share repurchases and financial assistance, passed with requisite majorities. AME continues to report steady operations, with half-year earnings released for the period ended September 30, 2024, and full-year results for the year ended March 31, 2024.