• Sbu Shabalala has won the IITPSA's 2016 IT Personality of the Year Award.
  • Adapt IT announces its financial results for the year ended 30th June, 2016.
  • JSE-listed Adapt IT this week reported a “shining” performance for the year ended June 30, as increases were achieved across the board.
  • Adapt IT has posted another strong set of results, as headline earnings per share (HEPS) for the year to 30 June rose 36% to 57.54c per share.
  • Listed technology services group Adapt IT said on Thursday that it has grown headline earnings per share by 36% on the back of a 38% climb in turnover in the 12 months to 30 June 2016.
  • THE absence of fee increases at tertiary institutions has slowed software developer Adapt IT’s organic growth, as the group had been unable to raise prices for its clients, it said on Thursday.
  • Adapt IT today announced its financial results for the year ended 30th June, 2016. The company continues to deliver value and growth substantially above the average for the sector, and reported an increase in of 36 per cent in headline earnings per share.
  • Small cap IT company AdaptIT is on track to achieve its revenue goal of R3 billion by 2020, says CEO S’bu Shabalala.
  • JSE-listed Adapt IT has reported a 38% rise in turnover to R796 million in financial results for the year ended June, 2016.
  • The software and computer services firm added that its operating profit jumped 58% to R136 million.
  • Owning IT’s Intellectual Property and conquering world markets is the secret sauce in Adapt IT’S plans
  • Adapt IT reported a turnover increase of 19 per cent to R310 million for thehalf-year, organic and acquisitive growth contributing 13 per cent and 6 per cent respectively. Operating profit increased 50 per cent to R53 million
  • Twenty-bagger AdaptIT shot the lights out with its interim results pushing the share price two per cent higher to over 13 rand a share. AlphaWealth's Keith McLachlan's model forecasts a share price at over 15 rand a piece.
  • JSE-listed Adapt IT, a provider of specialised software solutions and IT services, reported a 19% turnover increase to R310 million for the half-year period ended December 2015.
  • The geographic diversification has resulted in South Africa representing 72% of turnover, with 10% from other African countries and 18% from global customers.
  • Turnover was up 19 percent to R310 million (2014: R261 million) while operating profit increased 50 percent to R53 million (2014: R35 million).
  • The company’s share price was up 1.92 percent in mid-morning trade to R13.25.
  • Adapt IT has reported a 42% improvement in headline earnings per share (Heps) to 23,96c in the six months ended 31 December 2015. The strong growth in Heps comes on top of a 19% improvement in turnover to R310m and a 50% jump in operating profit to R53m.
  • The technology firm informed investors on Monday that headline earnings per share – South Africa’s main profit gauge – rose 42% to 23.96 cents a share for the six months to end 31 December 2015.
  • Interim headline EPS improved by 42 pct to 23.96 cps from 16.82 cps. Turnover for six months to Dec. 2015 increased 19 pct to 310.4 mln rand (2014: 261.3 mln rand)
  • Turnover for the six months to December 2015 increased 19% to R310.4m (2014: R261.3m), growth was 13% and acquisitive growth was 6%. Profit from operations increased 50% to R52.5m (2014: R35m ), an improved operating profit margin of 16.9% (2014: 14.5%).
  • AdaptIT CEO Sbu Shabalala takes Giulietta Talevi through latest financial results, which show a big jump in revenue and profit for the six months to December.
  • TECHNOLOGY firm Adapt IT is targeting further expansion in the rest of Africa to increase the share of turnover from outside SA.
  • Geographic turnover: South Africa 72%, rest of Africa 10% and other global customers 18%
  • Despite the challenging market conditions, our outlook remains positive as we continue to build on the strong well-diversified foundation, to create a sizeable leading ICT business that delivers above ICT sector average growth and returns.
  • In addition, the bolt-on acquisition strategy has seen the company diversify its technological base as well as sector, customer reach and geographic exposure, which is paying off in the tough climate.
  • Last year started with much promise for the Financial Mail ’s property pick, Hyprop Investments, which owns some flashy shopping centres, such as Hyde Park and Canal Walk.
  • See who won the 2015 competition and choose your stock for 2016.
  • Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015.
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