To view the PDF file, sign up for a MySharenet subscription.
Back to OPA SENS
OPTASIA:  1,599   +97 (+6.46%)  02/07/2026 17:53

OPTASIA LIMITED - Interim Trading Update For The Six Month Period Ended 30 June 2026

Release Date: 02/07/2026 12:30
Code(s): OPA     PDF:  
Wrap Text
Optasia Limited
(previously Channel VAS Investments Limited)

(Incorporated under the laws of the British Virgin Islands) (Company number: 1750790) JSE share code: OPA ISIN code: VGG2072E1016 ("Optasia", the "Group" or the "Company")
INTERIM TRADING UPDATE FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2026
Optasia provides the following trading update for the six-month period ended 30 June 2026 ("H1 2026").
The Company is pleased to report that the Group delivered a strong financial performance in H1 2026, supported by continued momentum across its MFS operations, resilient performance across the wider ACS business, together with the ongoing benefits of the Group's geographic and product diversification strategy. MFS now represents approximately 72% of revenues, continuing to be the primary growth driver for the Group.
Performance during the period was underpinned by robust growth across a number of markets, including Ghana, Pakistan, Indonesia and Congo-Brazzaville, which helped offset the impact of the temporary ACS disruption in Nigeria. The Board believes this performance demonstrates the resilience of Optasia's platform and the strength of the Group's diversified operating model.
Based on preliminary management accounts for the six months ended 30 June 2026, the Company expects to report growth within the following ranges for H1 2026, versus the prior period (H1 2025): - Revenue growth between 50% and 60%;
- Adjusted EBITDA growth between 40% and 50%; and
- Normalised Net Income growth between 30% and 40%.
During the period, the Group further executed on its strategy through deeper partner engagement, broader product coverage and continued geographic expansion. The Group launched three new deployments expanding into two new geographies - Gabon and South Sudan - while the Group also successfully launched its first merchant lending proposition, which will be rolled out across its existing footprint.
Based on trading to date, the Company is pleased to reaffirm its FY2026 guidance of Revenue and Adjusted EBITDA growth in excess of 30% for the financial year ending 31 December 2026.
As confirmed in the SENS announcement dated 24 June 2026, operators have resumed airtime credit services in Nigeria that were suspended in April 2026. The Company now expects Normalised Net Income growth of between 25% - 35% for the year, reflecting a prudent assumption regarding the pace of recovery of transaction volumes in Nigeria.
The Group intends to publish its interim results for H1 2026 on or around Monday 14 September 2026.
The financial information provided herein is the responsibility of the directors and has not been reviewed or reported on by the Company's auditors. To the extent required, the Company will publish trading statement at the appropriate time. Johannesburg 2 July 2026 Sponsor The Standard Bank of South Africa Limited Date: 02-07-2026 12:30:00
Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.