4Sight Information Technologies’ Post

For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.

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