Motus reports profit growth, higher dividends despite revenue dip

Motus Holdings Limited reported a 1% decline in revenue to R112,598 million for the year ended 30 June 2025. Despite this, profit before tax increased by 4% to R3,336 million, and attributable profit rose by 1% to R2,451 million. Net finance costs decreased by 13% to R1,908 million, contributing to the improved profitability.

Shareholder returns saw an uptick, with earnings per share growing by 1% to 1,468 cents and headline earnings per share increasing by 5% to 1,548 cents. The company declared a total dividend of 550 cents per ordinary share, a 6% increase from the previous year, including a final dividend of 310 cents per ordinary share.

Operational highlights included a 60% increase in cash flows from operating activities to R5,669 million. The equity to net debt structure improved to 66%:34% from 57%:43% in 2024, with net debt to EBITDA at 1.5 times, well below the covenant of 3 times. Motus maintained market leadership in SA, selling one in five new passenger vehicles, and achieved 55% non-vehicle contribution to EBITDA, exceeding its strategic target.