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Prosus posts large profit from its own operations
- Prosus and Naspers have reached a point where their operating companies are profitable besides Tencent's contribution.
- Prosus achieved strong profitability, with e-commerce earnings increasing significantly in the financial year ending March 2025.
- The group's revenue from e-commerce ventures rose by 21% to $6.2 billion, with notable increases in various sectors.
- Prosus reported an operating profit of $1783 million compared to a loss in the prior year, with a substantial increase in equity-accounted results.
- Cash flow from operating activities rose to $599 million, with cash reserves exceeding $7 billion.
- Prosus aims to continue its growth momentum with an optimistic outlook for the future financial year, expecting further profitability and dividend increases.
- The company made significant acquisitions, such as Despegar and Just Eat Takeaway.com, worth billions.
- Prosus executed mergers and acquisitions totaling $836 million and sold businesses to strengthen its portfolio.
- The market responded positively to Prosus' improved profitability and strategic moves, with shares rising despite Tencent's decline.
- Analysts view Prosus' results favorably, noting increased clarity and potential for further growth and value creation.
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