Half Year Ended 31 December 2024

Half Year Ended 31 December 2024

The Group is entering an exciting phase, with customer-centric initiatives at the core of our strategic initiatives. Key focus areas for H2 FY2025 include:

  • Expanding store network accessibility with 14 new counters and 20 store refurbishments to give customers world class experiences.
  • Scaling up delivery services to meet evolving consumer demands.
  • Enhancing New Product Development by introducing innovative meal options.
  • Restructuring property investments to optimise asset utilisation.
  • Strengthening supply chain efficiencies by sourcing alternative raw material suppliers.
  • 2024 Annual Report

  • Simbisa Brands declares an interim dividend of 0.62 US cents per share

31.50USc
Mar. 28, 20251.61%

Why invest in Simbisa Brands?

Investing in Culturally Rich and World-Class Dining Experiences

African-Focused

As an African-focused restaurant company we serve over 56 million customers across 9 African countries in pursuit of our mission to empower our people to always deliver the best in class restaurant experiences to our valued customers.

Culture

Our well-known brands, high levels of service and loyal customer base is testimony to our understanding of the cultural differences associated with eating out in Africa and our strong management team’s track record of working in Africa.

Diversity

We own and operate a portfolio of brands targeting consumers across all income categories, through our Casual, Fine Dining and Quick Service Restaurants. Strategic location ensures consistent access to large volumes of consumers.

Despite encountering operational challenges, the Group successfully expanded its market presence through the opening of a net of 42 company-operated counters between 31 December 2023 and 31 December 2024, driving top-line growth during the period under review. The Group closed with a total of 732 counters as at 31 December 2024, of which 611 are company-operated stores.

Performance Highlights

Half Year Ended 31 December 2024

  • Revenue
    (US$)

    157.5 million

    HY2024: 146.8 million

    7%

  • Cash generated from operating activities (US$)

    29.4 million

    HY2024: 21.2 million

    39%

  • Net cash flow from operating activities (US$)

    23.0 million

    HY2024: 15.2 million

    51%