The Takealot Group has become profitable for the first time in its history, with adjusted earnings before interest and tax (aEBIT) swinging into profit. <\/p>\n\n\n\n
As per parent company Naspers’ results for the financial year ended 31 March 2026, the Takealot Group saw a strong performance during the year. <\/p>\n\n\n\n
The group’s revenue grew by 18% in local currency, excluding M&A, to US$1 billion (R17.3 billion at average exchange rates for the financial year). <\/p>\n\n\n\n
Naspers added that the group is successfully defending its market leadership following Amazon’s entry into the marketplace. <\/p>\n\n\n\n
The group achieved full-year aEBIT profit for the first time, swinging from a $13 million loss (R220 million) to a $11 million profit (R190.35 million). <\/p>\n\n\n\n
This was driven by 60% in rand terms in adjusted earnings before interest, tax, depreciation and amortisation (aEBITDA) to $78 million (R1.35 billion) and 14% group GMV growth to $2 billion (R34.6 billion)<\/p>\n\n\n\n
Expanded gross profit margins were driven by category mix, retail media and the TakealotMORE subscription programme. <\/p>\n\n\n\n
Takealot.com was the primary contributor, generating $906 million (R15 billion) in revenue, up 28% in dollar terms and 19% in rands, and aEBIT profit of $7 million (R121 million) <\/p>\n\n\n\n
With 15% gross merchandise value (GMV) growth and 18% order growth, Naspers said that Takealot.com used TakealotMORE to capture 27% of GMV. <\/p>\n\n\n\n
Mr D also reported 18% revenue growth in USD and 11% in rand to $138 million (R2.4 billion), with GMV growing 13% and remaining profitable with a stable aEBIT of $4 million (R69.2 million). <\/p>\n\n\n\n
“Entering FY27, the group is scaling Takealot Fulfilment Solutions (TFS) as a standalone revenue stream, monetising its existing logistics infrastructure by serving external customers across South Africa,” it said<\/p>\n\n\n\n
This is said to integrate Takealot’s integrated business model, with Takealot.com and Mr D generating the transactional volume that provides scale. <\/p>\n\n\n\n
Naspers added that TakealotMORE then deepens customer engagement and frequency, while TFS converts operational capacity into revenue, which should improve the overall business efficiency. <\/p>\n\n\n\n
While aEBITDA and aEBIT are not standard measures of profit, Naspers said that they are the primary measures used to assess management performance and performance-based remuneration. <\/p>\n\n\n\n
It is also used in setting the dividend to be paid to shareholders. However, given that it is a non-IFRS measure, it cannot be compared with other entities. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Takealot Group has recorded its first-ever profitable year, albeit using non-standard financial metrics. <\/p>\n","protected":false},"author":95,"featured_media":862899,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[107,3314],"class_list":["post-864862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-naspers","tag-takealot"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=864862"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864862\/revisions"}],"predecessor-version":[{"id":864870,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864862\/revisions\/864870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/862899"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=864862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=864862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=864862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}