EPE Capital NAVPS climbs amid Optasia valuation gains

EPE Capital Partners (JSE:EPEE) announced a positive NAVPS update, with NAVPS increasing to R8.10 as of March 31, 2025, a 3.2% rise over the previous quarter and a 23.1% increase year-to-date. The growth is largely attributed to revaluation gains on Optasia, reflecting its increased last-twelve-months (LTM) EBITDA of US$84 million as of February 28, 2025. Optasia's strong trading performance continues, with LTM revenue reaching US$184 million and EBITDA at US$94 million by April 2025, a 47% and 46% increase year-on-year, respectively. Optasia shareholders are exploring options including a potential IPO. Additionally, EPE Capital has initiated a R40 million share buyback program following the completion of a R25 million program in March 2025, as part of its strategy to maximize shareholder returns.