financial performance

16,4%
increase in pro forma revenue to R12,93 billion

R371 million
pro forma core net profit

Listing cash utilised
to repay borrowings and reduce interest expense

Acquired minority interests
for R209 million

Exceeded pre-listing statement forecasts
and achieved within trading update range

our nature of business

Blue Label Telecoms (BLT) and its subsidiary and associate companies (the group) produce and distribute prepaid secure electronic tokens of value and transactional services.

The group’s prepaid products and service offerings include prepaid airtime and starter packs, prepaid electricity, bill payments, electronic funds transfers, loyalty programmes, stored value cards, location based services and other physical and virtual prepaid electronic tokens of value. The group processes in excess of 400 million monthly transactions through several hundred thousand mobile and fixed points of presence.