Purple Group delivers record first half, profit soars

** Purple Group Limited (JSE:PPE) announced its strongest half-year performance to date for the six months ended February 28, 2025, driven by Easy Group’s momentum. Group revenue increased by 25.8% to ZAR 238 million, while profit attributable to ordinary shareholders surged 208.5% to ZAR 33.5 million. Basic and headline earnings per share jumped 204.1% to 2.36 cents, exceeding the previous full-year earnings. Easy Group, a key driver, saw revenue rise 30.8% to ZAR 216.4 million and profit after tax increase 238.3% to ZAR 39.8 million. Active retail clients grew to 1.02 million, with client assets under management reaching ZAR 67.2 billion. The Group emphasized improved platform efficiency and retail inflows rising by 63.3% to ZAR 5.31 billion.