Grand Parade Investments Limited

Grand Parade Investments Limited

JJSE:GPL
170.00
ZAC
-4.00
(-2.30%)
82.49BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.03
0.29
1.07
1.76
2.19
2.57
3.31
3.07
- -
0.02
- -
- -
- -
- -
Basic EPS, GAAP
0.28
0.15
1.43
0.46
0.04
-0.12
-0.08
-0.29
-0.07
-0.03
-0.04
0.17
0.14
- -
Free Cash Flow per Basic Share
-0.08
-0.23
-0.73
-1.01
-0.51
-0.48
-0.18
-0.09
0.06
0.14
-0.26
-0.07
-0.08
- -
Dividend per Share
0.2
0.15
0.23
0.16
0.26
0.12
- -
- -
- -
0.86
0.12
0.1
0.12
- -
Book Value per Share
3.59
3.61
5.05
5.19
4.98
4.68
4.42
4
3.98
2.65
2.5
2.57
2.6
2.69
Tangible Book Value per Share
3.19
3.6
4.94
4.9
4.66
4.35
4.13
3.82
3.8
2.65
2.5
2.57
2.6
2.69
Basic Weighted Avg Shares
461
467
469
439
439
429
426
427
430
430
430
430
427
427
Sales/Revenue/Turnover
16
135
502
772
963
1,102
1,409
1,312
1
11
1
1
- -
- -
Operating Margin (%)
-301.01
-92.07
-33.47
-16.12
-13.71
-4.33
-0.87
-5
-4,506.82
-963.58
-7,453.98
-3,160.26
-16,195.55
- -
Depreciation Expense
10
9
26
49
71
65
68
102
1
1
- -
1
2
- -
Net Income, GAAP
129
71
669
203
19
-50
-36
-124
-29
-12
-15
74
61
- -
Effective Tax Rate (%)
- -
- -
- -
30.73
- -
14.96
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
827.76
52.55
133.28
26.26
2
-4.54
-2.56
-9.41
-2,864.92
-109.39
-1,121.76
5,125.05
20,959.25
- -
Working Capital
346
99
470
386
48
98
30
-61
-96
123
74
131
99
119
LT Debt
84
61
120
140
92
41
54
381
376
- -
- -
2
2
1
Total Equity
1,647
1,673
2,316
2,369
2,111
1,966
1,852
1,686
1,676
1,141
1,076
1,100
1,112
1,150
Return on Invested Capital (%)
- -
- -
- -
-3.1
- -
0.84
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
9.47
- -
-0.4
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
7.91
4.26
33.32
8.57
0.85
-2.42
-1.86
-6.86
-1.69
-0.82
-1.37
6.77
5.53
- -

Capital Structure

ZAR

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
427
427
427
Market Capitalization
1,453
1,115
825

Working Capital

ZAR

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
Total Current Assets
113
127
132
Cash, Cash Equivalents & STI
110
122
128
Accounts Receivable, Net
2
2
2
Inventories
- -
- -
- -
Total Current Liabilities
15
28
13
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.51%
-6.99%
1.04%
Free Cash Flow
-49.54%
-71.56%
18.22%
Net Income, GAAP
-101.33%
-141.5%
-16.9%
Sales/Revenue/Turnover
81.32%
139.84%
-79.68%
Total Cash Common Dividend
- -
- -
16.85%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.17
2025
- -
- -
0.14
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.12
2026
- -
- -
- -

Company Description

CEO
Gregory Mark Bortz
Full Time Employees
3,387
Sector
Consumer services
Industry
Restaurants
Address
33 Heerengracht Street Kenilworth WC South Africa 8001
IPO Date
Nov 22, 2008
Business
Grand Parade Investments Limited (GPL.JO) is a South Africa-based investment holding company that actively manages a portfolio of high-quality assets in the gaming, leisure and hospitality sectors. The company holds a 15.1% effective interest in SunWest International (Pty) Ltd, which owns and operates GrandWest Casino and Entertainment World, the largest casino complex in Cape Town featuring state-of-the-art gaming equipment, The Table Bay Hotel, conference facilities and a multi-purpose arena; a 30% stake in Sun Slots (Pty) Ltd, a limited payout machine operator; a 15.1% interest in Worcester Casino; and a 26% holding in Infiniti Gaming Africa (Pty) Ltd, a gaming machine manufacturer. Founded in 1997 as a black economic empowerment vehicle in partnership with Sun International South Africa (Pty) Ltd and listed on the JSE main board in 2008, Grand Parade Investments is headquartered at 33 Heerengracht Street, Foreshore, Cape Town, with operations focused on South Africa, particularly the Western Cape. The company exited its non-core foodservice investments, including unbundling Spur Corporation shares to shareholders in June 2022 and fully divesting Burger King South Africa operations by fiscal 2023, while liquidating loss-making subsidiaries such as Mac Brothers to streamline as a pure-play gaming investor; it redeemed all outstanding preference shares totaling R50 million during the year ended 30 June 2024, achieving a debt-free balance sheet with net cash of R126.9 million after debt. Grand Parade Investments strengthened its B-BBEE credentials through an empowerment transaction increasing the GPI Women’s BBBEE Empowerment Trust stake to approximately 5% of issued share capital; repurchased and cancelled 3.2 million shares at an average R3.30 per share; and declared an ordinary dividend of 11.5 cents per share payable in December 2024 following a 10-cent dividend in December 2023. The company explores growth in land-based and online gaming, including potential entry into the Historical Horseracing (HHR) segment and smaller casino opportunities amid sector consolidation, while actively contributing via board representation to optimize portfolio performance amid challenges like load-shedding impacts on Sun Slots.