Our AGM is coming up.

Please see below details, to view online: 14h00 (CET/SAT) Wednesday, 21 August 2024.

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Leadership reviews

Leadership reviews

Chair

Koos Bekker

Interim chief executive

Ervin Tu

Chief financial officer

Basil Sgourdos

Chair's review
Interim chief executive’s review
Chief financial officer’s review

Technology helps us to create long-term value for shareholders by improving the everyday lives of billions of people.

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The power of technology is driving change in the world and Prosus is at the heart of this change.

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Decisive management actions in the previous review period led to consolidated profitability in the second half of the financial year, confirming our stated commitment to stakeholders.

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Group overview

We are a global technology group with businesses and investments in growth markets around the world.

We aim to be one of the pre-eminent owners of exceptional technology businesses globally.

As a group, we build world-changing businesses that delight their customers and help their communities thrive. We empower our teams to develop their skills and build meaningful careers. We create long-term value for our shareholders and our many other stakeholders.

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Ecommerce

Our businesses in Food Delivery, Payments and Fintech, Classifieds and Edtech recorded profit of US$110m in FY24, versus a loss of US$264m in FY23.

Catalysts for value creation

Achieved Ecommerce profitability; value-accretive open-ended share repurchase; Tencent share price growth; simplified group structure; building a repeatable process of investing towards crystallisation and return.

Solid financial position

Net cash and excellent liquidity are strategic advantages in the current environment.