iOCO Limited

iOCO Limited

JJSE:IOC
400.00
ZAC
+3.00
(+0.76%)
156.94BMarket Cap
Apr 14Next Earn
iOCO Limited
JSE:IOC
(Johannesburg Stock Exchange)

Recent

price

400.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
ZAR
12.01
15.66
19.99
25.73
32.53
40.84
48.81
59.76
66.16
51.65
40.74
32.1
23.67
22.22
14.27
9.58
- -
Revenue per Share
0.74
0.9
1.21
1.57
2.12
2.76
3.46
4.34
5.09
-8.43
-18.76
-6.17
-1.02
-0.09
-0.13
-0.1
- -
Basic EPS, GAAP
0.95
1.23
-0.09
1.62
1.68
1.18
1.23
0.1
0.64
0.29
-1.96
-0.76
-0.18
0.09
-0.42
-0.14
- -
Free Cash Flow per Basic Share
0.15
0.18
0.21
0.3
0.43
0.56
0.71
0.91
1.11
1.33
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.51
3.59
5.84
6.9
9.49
14.07
21.39
29.53
35.61
25.17
7.16
1.62
0.58
0.12
0.89
0.74
0.92
Book Value per Share
0.75
1.08
1.31
2
3.45
3.32
7.18
6.43
9.87
3.33
-1.41
-2.14
-2.39
-2.65
-0.32
-0.29
-0.11
Tangible Book Value per Share
105
108
122
142
156
177
199
214
229
234
264
273
273
271
437
630
630
Basic Weighted Avg Shares
1,255
1,692
2,429
3,641
5,085
7,220
9,734
12,762
15,128
12,103
10,746
8,772
6,472
6,031
6,229
6,035
- -
Sales/Revenue/Turnover
8.72
8.74
9.59
9.75
9.72
9.96
10.75
10.75
11.47
-6.66
-28.79
-6.99
2.1
2.64
3.44
2.48
- -
Operating Margin (%)
13
22
67
89
108
200
267
364
447
426
436
498
275
203
128
106
- -
Depreciation Expense
78
98
147
223
332
488
691
927
1,164
-1,976
-4,949
-1,687
-280
-25
-58
-66
- -
Net Income, GAAP
34.3
34.71
36.69
34.37
29
26.44
27.28
29.73
29.14
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.2
5.78
6.06
6.11
6.52
6.75
7.1
7.27
7.7
-16.33
-46.06
-19.23
-4.32
-0.41
-0.92
-1.09
- -
Profit Margin (%)
61
60
169
324
561
831
1,726
2,615
3,769
2,223
1,172
-1,136
-967
-441
-389
196
303
Working Capital
- -
21
4
3
2
41
21
26
66
56
28
172
81
51
33
32
28
LT Debt
308
464
711
1,130
1,621
2,629
4,509
6,586
8,461
5,937
1,995
473
178
60
588
499
617
Total Equity
23.23
19.7
21.29
23.8
24.19
23.62
20.41
16.71
15.77
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
28.6
21.87
22.31
24.19
24.59
22.8
19.27
16.73
15.32
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
28.29
25.31
25.09
24.21
24.12
23.01
19.41
16.75
15.54
-27.59
-125.71
-140.68
-93.03
-25.99
-19.37
-12.83
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Jan'24
Jul'24
Jan'25
ST Debt
31
49
35
LT Borrowings
- -
- -
- -
LT Finance Leases
42
32
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
630
630
630
Market Capitalization
832
964
1,569

Working Capital

ZAR

•

in mil. unless spec.
Jan'24
Jul'24
Jan'25
Total Current Assets
2,591
2,160
2,086
Cash, Cash Equivalents & STI
468
363
327
Accounts Receivable, Net
1,960
1,178
1,636
Inventories
91
71
75
Total Current Liabilities
2,402
1,964
1,783
Payables & Accruals
- -
- -
- -
ST Debt
31
49
35
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
70.83%
131.69%
-15.17%
Free Cash Flow
-156.43%
-234.69%
-52.23%
Net Income, GAAP
-11.23%
-18.88%
14.49%
Sales/Revenue/Turnover
0.2%
-10.25%
-3.12%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,035
2025
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.1
2025
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
Business
iOCO Limited; information and communications technology (ICT) services provider with a regional and global footprint iOCO Limited provides information and communications technology services across Africa, the United Kingdom, Europe, and the Middle East. It delivers IT managed services, security, automation, cloud solutions, data and development capabilities, IT product resales, and IT consulting and implementation services, complemented by proprietary applications such as ExposeIT aimed at governance and risk management. The company operates under the iOCO umbrella, with its roots in the EOH Holdings group, and maintains a multi-market presence through subsidiaries and regional offices. Founded in 1998, iOCO Limited is headquartered in Sandton, South Africa, and serves a diverse client base that includes JSE-listed corporations, blue-chip companies, government entities, and large enterprises. Main products and services - IT managed services: end-to-end IT operations, service desk, monitoring, and proactive support; infrastructure management across on-premises, cloud, and hybrid environments - Cloud solutions: public, private, and hybrid cloud design, migration, optimization, and managed services; cloud security and governance - Cybersecurity: security assessments, threat detection and response, identity and access management, endpoint protection, network security, and security operations center (SOC) services - Automation and digital enablement: business process automation, workflow optimization, robotic process automation (RPA) capabilities, and integration services - Data, analytics, and development: data engineering, data platform implementation, analytics, application development, and modernization projects - IT consulting and implementation: IT strategy, architecture design, project management, system integration, and advisory services - IT product resales: hardware, software, and vendor-backed solutions, including networking, data center, and enterprise software - Proprietary applications and platforms: ExposeIT and related governance/risk management tools, along with other internally developed software offerings - Professional services: advisory, implementation, integration, testing, and optimization services Latest major company changes - Strategic rebranding and corporate restructuring: transitions from the EOH Holdings umbrella to the iOCO Limited brand, consolidating a multi-country ICT services portfolio under a unified corporate identity - Geographic and portfolio expansion: continued growth across Africa, the UK, Europe, and the Middle East through organic expansion and selective partnerships, expanding service capabilities and local delivery capacity - Partnerships and alliances: formation of joint initiatives with technology and software vendors to broaden cloud, security, and data analytics offerings; leveraging alliances to accelerate client deployments and solution modernization - Product and service launches: introduction of enhanced governance, risk and compliance (GRC) tools through proprietary applications; expanding cloud-native architectures and automation platforms to address regional customer needs - Mergers and acquisitions activity: pursuing acquisitions or integrations to consolidate adjacent IT services, software resale capabilities, and managed services portfolios, reinforcing cross-sell opportunities - Operational refinements: asset optimization and portfolio rationalization to focus on high-growth, margin-sensitive segments such as cloud, cybersecurity, and digital transformation services Additional context - Industry and segments: ICT services, digital transformation, cloud and data, cybersecurity, IT infrastructure, software resale, and professional services - Target markets: large corporations, financial services firms, public sector, manufacturing, and other enterprises across Africa, the UK, Europe, and the Middle East - Geographic footprint: Africa (South Africa, other sub-Saharan regions), United Kingdom, Europe, Middle East - Founding year and headquarters: founded in 1998; headquarters in Sandton, South Africa - Corporate relationships: operates as part of the broader EOH ecosystem with ongoing governance and corporate structure adjustments related to the iOCO branding initiative - Subsidiaries and affiliates: network of regional entities and rebranded entities aligned under the iOCO Limited corporate structure to support regional delivery and client coverage