ISA Holdings Limited

ISA Holdings Limited

JJSE:ISA
222.00
ZAC
-1.00
(-0.45%)
35.88BMarket 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
0.42
0.49
0.57
1.02
0.69
0.77
0.65
0.43
0.48
0.48
0.65
0.75
0.9
- -
Basic EPS, GAAP
0.07
0.09
0.12
0.19
0.14
0.19
0.15
0.08
0.1
0.14
0.19
0.17
0.2
- -
Free Cash Flow per Basic Share
0.1
0.12
0.02
0.18
0.13
0.19
0.12
0.07
0.04
0.08
0.14
0.16
0.13
- -
Dividend per Share
0.05
- -
0.05
0.06
0.1
0.14
0.39
0.05
0.07
0.22
0.16
0.11
0.29
- -
Book Value per Share
0.23
0.32
0.39
0.52
0.56
0.61
0.37
0.4
0.45
0.37
0.4
0.46
0.38
0.38
Tangible Book Value per Share
0.21
0.31
0.38
0.51
0.55
0.61
0.37
0.4
0.45
0.37
0.4
0.46
0.38
0.38
Basic Weighted Avg Shares
181
162
158
156
156
156
156
156
156
156
156
156
141
141
Sales/Revenue/Turnover
75
79
90
160
108
120
101
67
75
76
101
118
128
- -
Operating Margin (%)
21.78
23.41
26
27.17
21.6
23.49
24.41
22.64
25.08
18.43
19.69
20.52
24.16
- -
Depreciation Expense
2
1
1
1
1
1
- -
- -
- -
- -
- -
1
1
- -
Net Income, GAAP
13
15
19
30
21
30
23
13
16
22
30
26
29
- -
Effective Tax Rate (%)
28.34
28.32
27.92
35.83
24.94
27.81
27.22
25.76
28.35
17.19
15.85
19.6
22.41
- -
Profit Margin (%)
16.8
18.44
21.35
18.63
19.59
24.95
23.14
19.23
21.88
28.94
29.31
22.13
22.35
- -
Working Capital
5
16
21
41
47
58
40
45
51
32
25
26
40
40
LT Debt
6
4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
38
52
61
81
87
95
58
63
70
58
63
72
59
59
Return on Invested Capital (%)
28.34
28.34
31.96
39.7
19.93
21.61
22.96
18.71
19.92
17.83
27.29
28.76
36.4
- -
Return on Capital (%)
29.01
29.23
32.81
42.95
25.33
33.05
30.62
21.5
24.57
34.13
48.95
38.74
43.59
- -
Return on Common Equity (%)
31.05
32.57
34.4
42.05
25.33
32.93
30.62
21.5
24.57
34.13
48.93
38.73
43.59
- -

Capital Structure

ZAR

•

in mil. unless spec.
Feb'25
Aug'26
Feb'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
156
156
156
Market Capitalization
295
290
359

Working Capital

ZAR

•

in mil. unless spec.
Feb'25
Aug'26
Feb'26
Total Current Assets
53
47
66
Cash, Cash Equivalents & STI
38
26
14
Accounts Receivable, Net
9
19
8
Inventories
- -
- -
- -
Total Current Liabilities
26
38
26
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.01%
-0.01%
-16.95%
Free Cash Flow
84.68%
22.4%
-27.75%
Net Income, GAAP
9.3%
18.6%
9.69%
Sales/Revenue/Turnover
7.7%
14.19%
8.64%
Total Cash Common Dividend
55.39%
63.83%
131.56%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
101
2025
- -
- -
118
2026
- -
- -
128

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.19
2025
- -
- -
0.17
2026
- -
- -
0.2

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.11
2026
- -
- -
0.29

Company Description

CEO
Clifford S. Katz
Full Time Employees
29
Sector
Technology services
Industry
Information technology services
Address
Pinewood Office Park Sandton GT South Africa 2191
IPO Date
Dec 15, 1998
Website
isa.co.za
Business
ISA Holdings Limited is a South African investment holding company listed on the AltX board of the Johannesburg Stock Exchange that provides network, internet, and information security solutions to commercial, private, and public sector clients across sub-Saharan Africa; its core offerings encompass managed security services including firewalls, anti-malware, authentication systems, remote access, content security, intrusion protection, vulnerability assessment, virtual private networking, messaging and data protection, and identity and access management solutions, alongside professional services such as consulting, auditing, integration, and education. Founded in 1998 and headquartered at Pinewood Office Park in Sandton, South Africa, the company serves risk-averse organizations with a service-centric model emphasizing detailed system monitoring, remote administration, frequent backups, reporting, and alerting through value-added resale and management of leading security technologies. In recent developments, ISA Holdings received a non-binding expression of interest in November 2025 for a potential scheme of arrangement that could result in an offeror acquiring a controlling stake and delisting the company from the JSE, while it also declared a cash dividend of ZAR 16.70 per share in July 2025, reported unaudited interim results for the six months ended August 31, 2025, and appointed changes to its board in October 2025.