Condensed Audited Annual Financial Results – Key statistics

for the year ended 29 February 2016 and cash dividend declaration – Download PDF


EBITDA of
R463.1m
up 28%

Subscriber
base of
502 849
units, up 17%

Audited vehicle
recovery rate at
94%
up 1%

EBITDA
margin of
46%
(2015: 43%)

Subscriber Base

Cartrack has a presence in 21 countries in Africa, Europe, Asia and the Middle East. With an active subscriber base of over 502 000 customers, the Group ranks among the top telematics companies globally.

2016

  • SVR
  • FM

2015

  • SVR
  • FM

The Group grew revenue by 20% to R1 billion. Profit before tax increased by 23% to R362.3 million. Good profitability was experienced in all regions, apart from the new country start-ups in Asia and the Middle East that were initiated in the latter part of 2015. Revenue from international operations grew 25% to R256.9 million, which represents 26% (2015: 25%) of global revenue. As expected, the costs associated with such an expansion impacted negatively on the combined profitability of the international businesses.

Earnings and Dividends

  • HEPS (cents)
  • DPS (cents)

Revenue / Profit before tax

 2014

Revenue: R632 757
Profit before tax: R254 393

 2015

Revenue: R834 795
Profit before tax: R293 614

 2016

Revenue: R1 005 481
Profit before tax: R362 266

Source of Revenue 2016 %

Revenue 2016 %

84%
Subscriptions
15%
Hardware
15%
Sundries
74%
South Africa
14%
Africa – Other
9%
Europe
3%
Asia and ME
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