Capital appreciation expects over 20% earnings increase

Capital Appreciation Limited (JSE:CTAE) announced that it expects its Basic Earnings Per Share (EPS) and Headline Earnings Per Share (HEPS) to increase by at least 20% for the year ended March 31, 2025. This translates to at least ZAR 2.73 cents higher than the EPS and HEPS figures reported for the year ended March 31, 2024, which were ZAR 13.59 cents and ZAR 13.61 cents, respectively. The company attributed this strong performance to its Payments division, while the Software division performed below expectations. Capital Appreciation continues to attract new clients and diversify revenue streams, maintaining strong cash conversion. The company will release its audited financial results on or about June 24, 2025.