Prosus
Accounting method | US$'m | 1H FY19 | 1H FY20 | 1H FY212 | FY19 | FY20 | FY21 |
Ecommerce | |||||||
Revenue | 1 840 | 1 908 | 2 608 | 3 596 | 4 266 | 6 230 | |
% YoY growth US$ | 25% | 4% | 37% | 8% | 19% | 46% | |
% YoY growth LC, ex M&A | 29% | 28% | 51% | 26% | 33% | 54% | |
Adjusted EBITDA | (144) | (299) | (140) | (408) | (660) | (277) | |
% EBITDA margin | (8%) | (16%) | (5%) | (11%) | (15%) | (4%) | |
Trading Profit | (169) | (352) | (214) | (454) | (782) | (429) | |
% TP margin | (9%) | (18%) | (8%) | (13%) | (18%) | (7%) | |
Classifieds | |||||||
Revenue | 396 | 587 | 628 | 857 | 1 281 | 1 599 | |
% YoY growth US$ | 40% | 48% | 7% | 40% | 49% | 25% | |
% YoY growth LC, ex M&A | 38% | 38% | (3%) | 37% | 37% | 18% | |
Adjusted EBITDA | 50 | 59 | 56 | 10 | 82 | 67 | |
% EBITDA margin | 13% | 10% | 9% | 1% | 6% | 4% | |
Trading Profit | 42 | 37 | 29 | (6) | 34 | 9 | |
% TP margin | 11% | 6% | 5% | (1%) | 3% | 1% | |
Food Delivery | |||||||
Revenue | 181 | 306 | 610 | 377 | 751 | 1 486 | |
% YoY growth US$ | 223% | 69% | 99% | 127% | 99% | 98% | |
% YoY growth LC, ex M&A | 79% | 69% | 141% | 57% | 105% | 127% | |
Adjusted EBITDA | (39) | (273) | (168) | (162) | (596) | (313) | |
% EBITDA margin | (22%) | (89%) | (28%) | (43%) | (79%) | (21%) | |
Trading Profit | (41) | (283) | (189) | (171) | (624) | (355) | |
% TP margin | (23%) | (92%) | (31%) | (45%) | (83%) | (24%) | |
Payments & Fintech | |||||||
Revenue | 171 | 199 | 252 | 360 | 428 | 577 | |
% YoY growth US$ | 36% | 16% | 27% | 22% | 19% | 35% | |
% YoY growth LC, ex M&A | 33% | 20% | 29% | 28% | 21% | 36% | |
Adjusted EBITDA | (22) | (35) | (27) | (39) | (60) | (59) | |
% EBITDA margin | (13%) | (18%) | (11%) | (11%) | (14%) | (10%) | |
Trading Profit | (24) | (38) | (31) | (43) | (67) | (68) | |
% TP margin | (14%) | (19%) | (12%) | (12%) | (16%) | (12%) | |
Etail | |||||||
Revenue | 849 | 525 | 965 | 1 529 | 1 363 | 2 250 | |
% YoY growth US$ | 5% | (38%) | 84% | (17%) | (11%) | 65% | |
% YoY growth LC, ex M&A | 23% | 13% | 70% | 19% | 16% | 54% | |
Adjusted EBITDA | (74) | (1) | 40 | (87) | 8 | 102 | |
% EBITDA margin | (9%) | (0%) | 4% | (6%) | 1% | 5% | |
Trading Profit | (83) | (15) | 24 | (101) | (20) | 68 | |
% TP margin | (10%) | (3%) | 2% | (7%) | (1%) | 3% | |
Travel | |||||||
Revenue | 137 | 146 | - | 234 | 146 | - | |
% YoY growth US$ | 43% | 7% | - | 11% | (38%) | - | |
% YoY growth LC, ex M&A | 25% | 4% | - | 20% | 8% | - | |
Adjusted EBITDA | (17) | (19) | - | (36) | (19) | - | |
% EBITDA margin | (12%) | (13%) | - | (15%) | (13%) | - | |
Trading Profit | (19) | (21) | - | (37) | (22) | - | |
% TP margin | (14%) | (14%) | - | (16%) | (15%) | - | |
Other1 | |||||||
Revenue | 106 | 145 | 153 | 239 | 297 | 318 | |
% YoY growth US$ | 4% | 37% | 6% | 9% | 24% | 7% | |
% YoY growth LC, ex M&A | 19% | 25% | 35% | 19% | 23% | 34% | |
Adjusted EBITDA | (42) | (30) | (41) | (94) | (75) | (74) | |
% EBITDA margin | (40%) | (21%) | (27%) | (39%) | (25%) | (23%) | |
Trading Profit | (44) | (32) | (47) | (96) | (83) | (83) | |
% TP margin | (42%) | (22%) | (31%) | (40%) | (28%) | (26%) | |
Social and internet platforms | |||||||
Revenue | 7 041 | 8 017 | 10 082 | 14 744 | 17 189 | 22 526 | |
% YoY growth US$ | 31% | 14% | 26% | 20% | 17% | 31% | |
% YoY growth LC, ex M&A | 38% | 18% | 28% | 31% | 21% | 28% | |
Adjusted EBITDA | 2 236 | 2 682 | 3 464 | 4 369 | 5 455 | 7 229 | |
% EBITDA margin | 32% | 33% | 34% | 30% | 32% | 32% | |
Trading Profit | 2 055 | 2 334 | 2 983 | 3 952 | 4 699 | 6 154 | |
% TP margin | 29% | 29% | 30% | 27% | 27% | 27% | |
Associate | Tencent | ||||||
Revenue | 6 905 | 7 800 | 9 912 | 14 457 | 16 779 | 22 155 | |
% YoY growth US$ | 32% | 13% | 27% | 20% | 16% | 32% | |
% YoY growth LC, ex M&A | 39% | 18% | 28% | 31% | 21% | 28% | |
Adjusted EBITDA | 2 213 | 2 599 | 3 426 | 4 324 | 5 328 | 7 151 | |
% EBITDA margin | 32% | 33% | 35% | 30% | 32% | 32% | |
Trading Profit | 2 043 | 2 264 | 2 968 | 3 929 | 4 601 | 6 126 | |
% TP margin | 30% | 29% | 30% | 27% | 27% | 28% | |
Associate | Mail.ru | ||||||
Revenue | 136 | 217 | 170 | 287 | 410 | 371 | |
% YoY growth US$ | 17% | 60% | (22%) | 12% | 43% | (10%) | |
% YoY growth LC, ex M&A | 30% | 22% | 20% | 27% | 26% | 21% | |
Adjusted EBITDA | 23 | 83 | 38 | 45 | 127 | 78 | |
% EBITDA margin | 17% | 38% | 22% | 16% | 31% | 21% | |
Trading Profit | 12 | 70 | 15 | 23 | 98 | 28 | |
% TP margin | 9% | 32% | 9% | 8% | 24% | 8% | |
Corporate1 | |||||||
Revenue | - | - | - | - | - | - | |
Adjusted EBITDA | (49) | (56) | (23) | (111) | (134) | (104) | |
Trading Profit | (51) | (64) | (26) | (121) | (140) | (110) | |
Economic interest | |||||||
Revenue | 8 881 | 9 925 | 12 690 | 18 340 | 21 455 | 28 756 | |
% YoY growth US$ | 30% | 12% | 28% | 17% | 17% | 34% | |
% YoY growth LC, ex M&A | 36% | 20% | 32% | 30% | 23% | 33% | |
Adjusted EBITDA | 2 043 | 2 327 | 3 301 | 3 850 | 4 661 | 6 848 | |
% EBITDA margin | 23% | 23% | 26% | 21% | 22% | 24% | |
Trading Profit | 1 835 | 1 918 | 2 743 | 3 377 | 3 777 | 5 615 | |
% TP margin | 21% | 19% | 22% | 18% | 18% | 20% | |
Less: Equity-accounted investments | |||||||
Revenue | (7 670) | (8 508) | (10 517) | (15 685) | (18 125) | (23 640) | |
Adjusted EBITDA | (2 101) | (2 459) | (3 277) | (4 115) | (4 985) | (6 901) | |
Trading Profit | (1 909) | (2 094) | (2 771) | (3 683) | (4 198) | (5 778) | |
Consolidated | |||||||
Revenue | 1 211 | 1 417 | 2 173 | 2 655 | 3 330 | 5 116 | |
Adjusted EBITDA | (58) | (132) | 24 | (265) | (324) | (53) | |
Trading Profit | (74) | (176) | (28) | (306) | (421) | (163) |
Notes
- Corporate costs, previously disclosed in Ecommerce Other, are now included in Corporate.
- Unaudited 1H FY21 adjusted EBITDA and trading profit (TP) adjusted to exclude the remeasurement of cash-settled SARs in line with disclosure adopted in October 2021.
Classifieds | ||||||||
Accounting method | US$'m | 1H FY19 | 1H FY20 | 1H FY218 | FY19 | FY20 | FY21 | |
Prosus Classifieds | ||||||||
Revenue | 396 | 587 | 628 | 857 | 1 281 | 1 599 | ||
% YoY growth US$ | 40% | 48% | 7% | 40% | 49% | 25% | ||
% YoY growth LC, ex M&A | 38% | 38% | (3%) | 37% | 37% | 18% | ||
Trading Profit | 42 | 37 | 29 | (6) | 34 | 9 | ||
% TP margin | 11% | 6% | 5% | (1%) | 3% | 1% | ||
Classifieds | ||||||||
MAU ('m)1,2 | 306 | 300 | 318 | 321 | 300 | 322 | ||
% YoY growth | (1%) | (2%) | 6% | (1%) | (6%) | 7% | ||
Paying listers ('m)1,2 | 2.92 | 3.76 | 3.94 | 2.83 | 3.78 | 4.13 | ||
% YoY growth | 29% | 29% | 5% | 13% | 34% | 9% | ||
Revenue | 371 | 441 | 422 | 754 | 888 | 973 | ||
% YoY growth US$3 | 32% | 19% | (4%) | 24% | 18% | 10% | ||
% YoY growth LC, ex M&A3 | 38% | 22% | 4% | 32% | 20% | 13% | ||
Trading Profit | 46 | 63 | 70 | 14 | 104 | 106 | ||
% TP margin | 12% | 14% | 17% | 2% | 12% | 11% | ||
Transactions4 | ||||||||
# of cars transacted ('000) | - | 51 | 37 | 43 | 112 | 100 | ||
% YoY growth | - | - | (28%) | - | 162% | (10%) | ||
# of inspection centres5 | - | - | 445 | 292 | 518 | 535 | ||
% YoY growth | - | - | - | - | 77% | 3% | ||
Average selling price (US$'000) | - | - | - | - | 5.8 | 6.7 | ||
% YoY growth | - | - | - | - | - | 16% | ||
Revenue | 25 | 146 | 206 | 103 | 393 | 626 | ||
% YoY growth US$ | - | 484% | 41% | - | 282% | 59% | ||
% YoY growth LC, ex M&A | - | 276% | (23%) | - | 164% | 28% | ||
Trading Profit | (4) | (26) | (41) | (20) | (70) | (97) | ||
% TP margin | (16%) | (18%) | (20%) | (19%) | (18%) | (15%) | ||
Subsidiary | Avito (RUB'bn) | |||||||
App MAU2 % YoY growth | 19% | 28% | 24% | 23% | 23% | 25% | ||
Paying listers2 % YoY growth | 20% | 25% | 6% | 21% | 25% | 10% | ||
Revenue | 10 | 12 | 14 | 21 | 26 | 31 | ||
% YoY growth LC, ex M&A | 31% | 21% | 10% | 28% | 22% | 20% | ||
Trading Profit | 6 | 7 | 5 | 12 | 13 | 13 | ||
% TP margin | 62% | 57% | 37% | 57% | 51% | 41% | ||
OLX Europe (US$'m) | ||||||||
App MAU2 % YoY growth | - | 16% | 11% | - | 14% | 10% | ||
Paying listers2 % YoY growth | - | 25% | 6% | - | 19% | 12% | ||
Revenue | - | 156 | 158 | - | 311 | 351 | ||
Europe | % YoY growth US$ | - | - | 1% | - | - | 13% | |
% YoY growth LC, ex M&A | - | - | (3%) | - | - | 11% | ||
Trading Profit | - | 59 | 68 | - | 100 | 114 | ||
% TP margin | - | 38% | 43% | - | 32% | 32% | ||
Subsidiary | OLX Poland (PLN'm) | |||||||
App MAU2 % YoY growth | 38% | 15% | 10% | 13% | 13% | 11% | ||
Paying listers2 % YoY growth | 22% | 19% | 2% | 47% | 18% | 6% | ||
Revenue | 288 | 367 | 358 | 596 | 719 | 772 | ||
Poland | % YoY growth LC, ex M&A | 45% | 27% | (3%) | 40% | 21% | 5% | |
Trading Profit6 | 133 | 172 | 199 | 207 | 304 | 329 | ||
% TP margin | 46% | 47% | 56% | 35% | 42% | 43% | ||
Subsidiary | OLX Autos (US$'m) | |||||||
Revenue | - | 167 | 219 | - | 402 | 649 | ||
% YoY growth US$ | - | - | 31% | - | - | 61% | ||
% YoY growth LC, ex M&A | - | - | (25%) | - | - | 21% | ||
Trading Profit | - | (44) | (56) | - | (127) | (118) | ||
% TP margin | - | (26%) | (26%) | - | (32%) | (18%) | ||
Joint venture (equity accounted) | OLX Brazil (BRL'm) | |||||||
App MAU2 % YoY growth | 19% | 5% | 21% | 11% | 4% | 19% | ||
Paying listers2 % YoY growth | 29% | 19% | (26%) | 40% | 7% | (12%) | ||
Revenue7 | 69 | 87 | 84 | 149 | 179 | 242 | ||
% YoY growth LC, ex M&A | 54% | 25% | (5%) | 44% | 20% | 2% | ||
Trading Profit | 11 | (19) | 17 | 23 | (6) | (8) | ||
% TP margin | 16% | (22%) | 20% | 15% | (3%) | (3%) |
Notes
- Decreasing MAU's in 1H FY19, FY19, 1H FY20 and FY20 can be ascribed to certain markets not being included in subsequent years due to M&A activities. These markets Bolivia, Chile, Croatia, Czech Republic, Egypt, Ghana, Kenya, Lebanon, Mexico, Nigeria, Oman, Pakistan, Philippines, Slovakia, Slovenia, UAE (Dubizzle), Uruguay and the US (letgo).
- Data reflects full-year averages at 100% of controlled entities and proportionate share of equity-accounted investments (data does not include EMPG, OfferUp). Data in 1H FY21 and FY21 impacted by the Covid-19 lockdowns.
- The traditional Classifieds markets revenue growth trend can be ascribed to more of OLX's markets reaching a mature stage, and also focussing on profitability, while 1H FY21 and FY21 was impacted by the Covid-19 pandemic's lockdowns.
- We made a minority investment in FCG in May 2018 and accounted for our stake on an economic interest basis. In December 2019 we stepped up and invested for a controlling stake resulting in 100% of revenues and trading losses included in our numbers since December 2019. Transactions measured from FY19.
- Covid-19lockdowns forced the temporary closure of some inspection centres in FY21.
- 1H19, 1H20, FY19, FY20 TP for OLX Poland restated to illustrate the application of the same technology cost allocation methodology applied in 1H FY21 and FY21.
- OLX Brazil acquired Grupo ZAP in October 2020 and Grupo ZAP's revenue (BRL58m) and trading profit (BRL12m) were included in OLX Brazil's from October 2020.
- Unaudited 1H FY21 adjusted EBITDA and trading profit (TP) adjusted to exclude the remeasurement of cash-settled SARs in line with disclosure adopted in October 2021.
Food Delivery | ||||||||
Accounting method | US$'m | 1H FY19 | 1H FY20 | 1H FY215 | FY19 | FY20 | FY21 | |
Prosus Food Delivery | ||||||||
Order1 % YoY growth | 77% | 110% | 53% | 100% | 102% | 52% | ||
GMV1 % YoY growth US$ | 46% | 73% | 51% | 55% | 67% | 64% | ||
GMV1 % YoY growth fx neutral | 50% | 81% | 69% | 65% | 76% | 70% | ||
Revenue | 181 | 306 | 610 | 377 | 751 | 1 486 | ||
% YoY growth US$ | 223% | 69% | 99% | 127% | 99% | 98% | ||
% YoY growth LC, ex M&A | 79% | 69% | 141% | 57% | 105% | 127% | ||
Trading Profit | (41) | (283) | (189) | (171) | (624) | (355) | ||
% TP margin | (23%) | (92%) | (31%) | (45%) | (83%) | (24%) | ||
Subsidiary 2 | iFood | |||||||
Orders ('m)1 | 54 | 121 | 254 | 141 | 276 | 553 | ||
% YoY growth | 96% | 122% | 111% | 107% | 95% | 100% | ||
% 1P orders | 5% | 22% | 35% | 10% | 25% | 35% | ||
GMV1 | 662 | 1 227 | 2 261 | 1 617 | 2 611 | 5 015 | ||
% YoY growth US$ | 53% | 85% | 84% | 56% | 62% | 92% | ||
% YoY growth fx neutral | 83% | 92% | 152% | 84% | 82% | 148% | ||
Restaurants | 57 097 | 131 956 | 258 363 | 81 242 | 164 306 | 284 008 | ||
Delivery partners (Brazil) | - | 83 521 | 138 846 | - | 170 347 | 209 151 | ||
Cities (Brazil) | - | 822 | 1 137 | 500 | 975 | 1 258 | ||
Revenue | 76 | 132 | 323 | 162 | 315 | 736 | ||
% YoY growth US$ | 55% | 74% | 145% | 38% | 94% | 134% | ||
% YoY growth LC, ex M&A | 86% | 78% | 234% | 63% | 113% | 205% | ||
Associate | Delivery Hero | |||||||
Orders ('m)1,3 | 167 | 269 | 519 | 369 | 666 | 1 304 | ||
% YoY growth | 50% | 61% | 93% | 49% | 80% | 96% | ||
% 1P orders3 | 11% | 28% | 57% | 15% | 37% | 61% | ||
GMV (€'m)1,3 | 2 012 | 3 192 | 5 146 | 4 454 | 7 436 | 12 361 | ||
% YoY growth € | 42% | 59% | 61% | 42% | 67% | 66% | ||
% YoY growth fx neutral | 57% | 60% | 63% | 55% | 67% | 74% | ||
Revenue (US$'m, proportionate share) | 91 | 126 | 234 | 174 | 305 | 615 | ||
% YoY growth US$ | 1417% | 38% | 86% | 305% | 75% | 102% | ||
% YoY growth LC, ex M&A | 17% | 49% | 87% | 12% | 85% | 99% | ||
Trading Profit (US$'m, proportionate share) | (23) | (57) | (100) | (50) | (143) | (195) | ||
% TP margin | (25%) | (45%) | (43%) | (29%) | (47%) | (32%) | ||
Associate | Swiggy4 | |||||||
Order1 % YoY growth | 319% | 165% | -35% | 320% | 145% | -42% | ||
GMV1 % YoY growth US$ | 247% | 134% | -31% | 238% | 121% | -31% | ||
GMV1 % YoY growth fx neutral | 272% | 137% | -27% | 265% | 125% | -28% | ||
Restaurants | 42 579 | 130 000 | 148 824 | 85 000 | >160 000 | 155 036 | ||
Delivery partners4 | - | 204 076 | 89 460 | - | 179 194 | 164 317 | ||
Cities4 | - | 500 | 498 | 130 | 523 | 489 | ||
Revenue (proportionate share) | 15 | 48 | 54 | 41 | 132 | 135 | ||
% YoY growth US$ | 1400% | 220% | 13% | 583% | 222% | 2% | ||
% YoY growth LC, ex M&A | 200% | 170% | 17% | 267% | 182% | 3% |
Notes
- Orders and GMV are 100% for all companies. Investee companies' KPIs are aligned with 3-month reporting lag period (January - December).
- iFood Brazil and Columbia are subsidiaries.
- As reported by Delivery Hero on a three month lag basis. Including Woowa Group on a pro-forma basis brings own delivery order penetration to 45% for 2020 (Prosus's FY21).
- Swiggy was impacted by the Covid-19 pandemic in 1HFY21. Delivery partners and enabled restaurants reduced due to the strict lockdown restrictions imposed. Most of the delivery partners and restaurants have come back onto the platform by end of March 2021.
- Unaudited 1H FY21 adjusted EBITDA and trading profit (TP) adjusted to exclude the remeasurement of cash-settled SARs in line with disclosure adopted in October 2021.
Payments & Fintech | |||||||
Accounting method | US$'m | 1H FY19 | 1H FY20 | 1H FY214 | FY19 | FY20 | FY21 |
Prosus Payments & Fintech | |||||||
TPV (US$'bn) | 14 | 18 | 24 | 30 | 38 | 55 | |
% YoY growth US$ | 22% | 24% | 34% | 18% | 26% | 45% | |
% YoY growth LC, ex M&A | 29% | 30% | 37% | 29% | 29% | 51% | |
# transactions ('m)3 | 409 | 554 | 739 | 920 | 1 198 | 1 658 | |
% YoY growth | 35% | 35% | 33% | 41% | 30% | 38% | |
% YoY growth, ex M&A | 35% | 35% | 25% | 41% | 28% | 32% | |
Revenue | 171 | 199 | 252 | 360 | 428 | 577 | |
% YoY growth US$ | 36% | 16% | 27% | 22% | 19% | 35% | |
% YoY growth LC, ex M&A | 33% | 20% | 29% | 28% | 21% | 36% | |
Trading Profit | (24) | (38) | (31) | (43) | (67) | (68) | |
% TP margin | (14%) | (19%) | (12%) | (12%) | (16%) | (12%) | |
Core PSP1 | |||||||
Revenue | 142 | 169 | 218 | 304 | 373 | 499 | |
% YoY growth US$ | 20% | 19% | 29% | 19% | 23% | 34% | |
Trading Profit | (1) | (5) | 6 | 12 | 6 | 15 | |
Margin | (1%) | (3%) | 3% | 4% | 2% | 3% | |
India Credit | |||||||
Issuance volume2 | 49 | 94 | 36 | 95 | 222 | 134 | |
Growth % | 345% | 92% | (61%) | 215% | 134% | (40%) | |
India Payments & Fintech | |||||||
TPV (US$'bn) | 7 | 9 | 11 | 15 | 19 | 27 | |
% YoY growth US$ | 28% | 34% | 16% | 25% | 30% | 37% | |
% YoY growth LC, ex M&A | 37% | 35% | 24% | 36% | 32% | 42% | |
# transactions ('m)3 | 218 | 305 | 355 | 495 | 624 | 792 | |
% YoY growth | 39% | 39% | 17% | 51% | 26% | 27% | |
% YoY growth, ex M&A | 39% | 39% | 17% | 51% | 26% | 27% | |
Revenue % YoY growth US$ | 25% | 41% | (1%) | 27% | 38% | 15% | |
Revenue % YoY growth LC, ex M&A | 34% | 34% | 5% | 38% | 31% | 20% | |
GPO | |||||||
TPV (US$'bn) | 7 | 8 | 13 | 15 | 18 | 28 | |
% YoY growth US$ | 17% | 15% | 55% | 13% | 22% | 54% | |
% YoY growth LC, ex M&A | 21% | 25% | 51% | 23% | 26% | 51% | |
# transactions ('m) | 191 | 250 | 384 | 426 | 574 | 865 | |
% YoY growth | 31% | 31% | 54% | 31% | 35% | 51% | |
% YoY growth, ex M&A | 31% | 31% | 34% | 31% | 30% | 37% | |
Revenue % YoY growth US$ | 18% | 5% | 53% | 14% | 10% | 49% | |
Revenue % YoY growth LC, ex M&A | 31% | 14% | 48% | 31% | 13% | 46% |
Notes
- Core PSP includes India payments, GPO, Wibmo, Iyzico Zooz and Red Dot Payment. Prior periods have been adjusted to reflect like-for-like.
- Issuance volume includes PayU's own product volumes and 100% of PaySense.
- Transactions exclude Wibmo.
- Unaudited 1H FY21 adjusted EBITDA and trading profit (TP) adjusted to exclude the remeasurement of cash-settled SARs in line with disclosure adopted in October 2021.
Etail
Accounting method | US$'m | 1H FY19 | 1H FY20 | 1H FY213 | FY19 | FY20 | FY21 |
Subsidiary | Prosus Etail | ||||||
GMV | 602 | 663 | 1 160 | 1 423 | 1 660 | 2 675 | |
% YoY growth US$ | 24% | 10% | 75% | 17% | 17% | 61% | |
% YoY growth LC, ex M&A | 24% | 18% | 62% | 22% | 18% | 52% | |
Revenue1 | 849 | 525 | 965 | 1 529 | 1 363 | 2 250 | |
% YoY growth US$ | 5% | (38%) | 84% | (17%) | (11%) | 65% | |
% YoY growth LC, ex M&A | 23% | 13% | 70% | 19% | 16% | 54% | |
Trading Profit1 | (83) | (15) | 24 | (101) | (20) | 68 | |
% TP margin | (10%) | (3%) | 2% | (7%) | (1%) | 3% | |
Naspers Etail2 | |||||||
Subsidiary | Takealot | ||||||
GMV | 184 | 262 | 407 | 447 | 603 | 1 022 | |
% YoY growth US$ | 55% | 42% | 56% | 43% | 35% | 69% | |
% YoY growth LC, ex M&A | 59% | 54% | 85% | 53% | 46% | 84% | |
Revenue | 135 | 169 | 238 | 318 | 392 | 606 | |
% YoY growth US$ | 309% | 25% | 41% | 69% | 23% | 55% | |
% YoY growth LC, ex M&A | 31% | 25% | 66% | 25% | 28% | 65% | |
Trading Profit | (23) | (22) | (6) | (50) | (43) | (7) | |
% TP margin | (17%) | (13%) | (3%) | (16%) | (11%) | (1%) |
Notes
- Flipkart was disposed during FY19. Accordingly 7 months of Flipkart are included in 1H FY19, including a catch up of the 3-month lag period, and FY19.
- Naspers Etail includes Prosus Etail and Takealot, although the KPIs under Naspers are only for Takealot.
- Unaudited 1H FY21 adjusted EBITDA and trading profit (TP) adjusted to exclude the remeasurement of cash-settled SARs in line with disclosure adopted in October 2021.
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Disclaimer
Prosus NV published this content on 21 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2021 09:58:00 UTC.