Naspers annual profit surges amid strategic acquisitions

Naspers Limited (JSE:NPN) has announced its annual results for the year ended March 31, 2025, highlighting a surge in profitability fueled by its AI-first technology approach and strategic acquisitions. Revenue increased to US$7,181m from US$6,431m in the previous year, with operating profit reaching US$124m, a notable improvement from a loss of US$562m. Earnings per N ordinary share rose to 3,099 US cents from 1,595 US cents. The group's cash on hand increased to US$19,186m. Free cash flow rose to US$968m from US$375m. Naspers also announced the acquisition of Despegar for US$1.7bn and an agreement to acquire Just Eat Takeaway.com for EUR4.1bn, marking its largest investment to date. A dividend of 20 euro cents per N ordinary share has been recommended. Naspers remains focused on contributing to South Africa's economic growth and creating a more equitable society.