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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Altron

AEL · A2X Markets · Incorporated in South Africa · Consolidated statements

On this page
Company details
Legal name
Altron Limited
Incorporated in
South Africa
Listing
AEL on the A2X Markets, active · ISIN ZAE000191342 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
28 February

Overview

Year ended 28 February 2025 · audited financial statements, signed / final · source

  • Revenue

    ZAR 9.59 billion

    9,588 ZAR millions · p46

    −0.2% vs 2024

  • Operating profit / (loss)

    ZAR 852 million

    852 ZAR millions · p46

    +38.5% vs 2024

  • Profit / (loss) for the year

    ZAR 415 million

    415 ZAR millions · p46

    Moved from loss to profit (FY to 29 Feb 2024: (147) ZAR millions)

  • Total assets

    ZAR 9.11 billion

    9,112 ZAR millions · p45

    −2.7% vs 2024

  • Total equity

    ZAR 4.18 billion

    4,184 ZAR millions · p45

    +2.6% vs 2024

  • Cash from operations

    ZAR 1.29 billion

    1,290 ZAR millions · p50

    +5.3% vs 2024

Large amounts are rounded for reading (ZAR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZAR millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 28 Feb 2025 — audited financial statements, signed / final; reported for the year · source
  • FY to 29 Feb 2024 — audited financial statements, signed / final; comparative in the FY to 28 Feb 2025 filing · source

Income statement

Income statement, ZAR millions. Columns: FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Revenue 9,588 9,603
Other income 107 91
Operating costs (7,873) (8,258)
Material and services consumed1 (5,248) (5,596)
Net impairment losses on financial assets (27) (81)
Employees' remuneration (2,598) (2,581)
Depreciation and amortisation2 (850) (786)
Operating profit before capital items3 972 650
Capital items4 (120) (35)
Operating profit 852 615
Finance income 90 88
Finance expense (177) (190)
Net foreign exchange gains and losses relating to cash and cash equivalents5 (2) (7)
Share of profit of equity accounted investees, net of taxation 3 2
Profit before taxation 766 508
Taxation (150) (121)
Profit for the year from continuing operations6 616 387
Loss for the year from discontinued operations7 (201) (534)
Net profit / (loss) for the year from total operations 415 (147)
Remeasurement of net defined benefit asset8 (30) 52
Foreign currency translation differences in respect of foreign operations**9 (30) 5
operations**10 –11 (1)
Other comprehensive (loss) / income for the year, net of taxation (60) 56
Total comprehensive income / (loss) for the year from total operations 355 (91)
Non-controlling interests12 25 23
Non-controlling interests13 25 23
Altron equity holders14 330 (114)
  1. Printed “–”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (13)
  1. “Material and services consumed” is an issuer-specific line, not mapped to a shared definition: Note 20; continuing operations; component of operating costs.
  2. “Depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Note 20; continuing operations.
  3. “Operating profit before capital items” is an issuer-specific line, not mapped to a shared definition: Continuing operations.
  4. “Capital items” is an issuer-specific line, not mapped to a shared definition: Note 21; continuing operations.
  5. “Net foreign exchange gains and losses relating to cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: Continuing operations.
  6. “Profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Continuing operations.
  7. “Loss for the year from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Discontinued operations (note 39/40).
  8. “Remeasurement of net defined benefit asset” is an issuer-specific line, not mapped to a shared definition: Note 18; OCI that will not be reclassified.
  9. “Foreign currency translation differences in respect of foreign operations**” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified; not subject to tax.
  10. “operations**” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified; not subject to tax.
  11. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Attribution of net profit.
  12. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Attribution of total comprehensive income.
  13. “Altron equity holders” is an issuer-specific line, not mapped to a shared definition: Attribution of total comprehensive income.

Balance sheet

Balance sheet, ZAR millions. Columns: FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Non-current assets 4,519 4,561
Property, plant and equipment 304 350
Goodwill and other intangible assets 1,547 1,535
Right-of-use assets 410 409
Equity accounted investments 2 2
Financial assets at amortised cost1 –2 142
Financial assets at fair value through other comprehensive income3 21 21
Finance lease assets4 357 387
Contract costs capitalised5 780 723
Capital rental devices6 580 429
Net defined benefit asset7 368 382
Deferred taxation 150 181
Current assets 4,593 4,802
Inventories 822 971
Trade and other receivables 2,379 2,185
Financial assets at fair value through profit or loss8 9 7
Contract assets 96 90
Taxation receivable 75 55
Cash and cash equivalents 1,017 1,140
Current assets before held-for-sale (unlabelled subtotal)9 4,398 4,448
Assets classified as held-for-sale10 195 354
Total assets 9,112 9,363
Total equity 4,184 4,077
Share capital and share premium11 1,066 1,019
Retained earnings 5,956 5,855
Other reserves (3,007) (2,943)
Attributable to Altron shareholders 4,015 3,931
Non-controlling interests 169 146
Non-current liabilities 1,612 1,955
Loans 217 649
Contract liabilities12 597 547
Lease liabilities 733 741
Deferred taxation 65 18
Current liabilities 3,316 3,331
Loans 623 195
Lease liabilities 95 85
Bank overdrafts 24 513
Provisions 9 12
Trade and other payables 1,791 1,793
Financial liabilities at fair value through profit or loss13 2 1
Contract liabilities 607 528
Taxation payable 116 127
Current liabilities before held-for-sale (unlabelled subtotal)14 3,267 3,254
Liabilities classified as held-for-sale15 49 77
Total equity and liabilities 9,112 9,363
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
Notes and alternative reported figures (14)
  1. “Financial assets at amortised cost” is an issuer-specific line, not mapped to a shared definition: Note 5, non-current.
  2. “Financial assets at fair value through other comprehensive income” is an issuer-specific line, not mapped to a shared definition: Note 5, non-current.
  3. “Finance lease assets” is an issuer-specific line, not mapped to a shared definition: Note 6, non-current.
  4. “Contract costs capitalised” is an issuer-specific line, not mapped to a shared definition: Note 7, non-current.
  5. “Capital rental devices” is an issuer-specific line, not mapped to a shared definition: Note 8, non-current.
  6. “Net defined benefit asset” is an issuer-specific line, not mapped to a shared definition: Note 18, non-current.
  7. “Financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 11, current.
  8. “Current assets before held-for-sale (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of current assets before assets classified as held-for-sale.
  9. “Assets classified as held-for-sale” is an issuer-specific line, not mapped to a shared definition: Note 40.
  10. “Share capital and share premium”: mapping to a shared definition is uncertain. Share capital and share premium printed as one line (note 13).
  11. “Contract liabilities” is an issuer-specific line, not mapped to a shared definition: Note 19.
  12. “Financial liabilities at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 17, current.
  13. “Current liabilities before held-for-sale (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of current liabilities before liabilities classified as held-for-sale.
  14. “Liabilities classified as held-for-sale” is an issuer-specific line, not mapped to a shared definition: Note 40.

Cash flow

Cash flow, ZAR millions. Columns: FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Cash generated from operations 1,736 1,623
Interest received 146 141
Interest paid1 (210) (245)
Dividends received from equity accounted investees and other investments2 7 7
Taxation paid (105) (131)
Tax refund3 1 –4
Dividends paid, including to non-controlling interests5 (285) (170)
Net cash inflow from operating activities 1,290 1,225
Net proceeds on the disposal of subsidiaries and businesses net of cash6 3 15
Proceeds on disposal of property, plant and equipment and intangible assets7 9 16
Acquisition of intangible assets (146) (110)
Acquisitions of property, plant and equipment (110) (129)
Acquisition of capital rental devices8 (452) (328)
Cash outflow from other investing activities9 (16) (20)
Cash inflow from other investing activities10 18 23
Net cash outflow from investing activities (694) (533)
Loans received 425 1,275
Loans repaid (426) (1,700)
Acquisition of non-controlling interests11 –12 (4)
Lease payments13 (100) (105)
Settlement of rental finance liabilities14 (130) (209)
Net cash outflow from financing activities (231) (743)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 365 (51)
Net cash and cash equivalents at the beginning of the year 627 691
Effect of exchange rate fluctuations on cash held (5) (6)
Movement in cash classified as held-for-sale15 6 (7)
NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 993 627
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (13)
  1. “Interest paid”: mapping to a shared definition is uncertain. One line for interest paid; whether it includes lease interest is not stated on the face of the statement.
  2. “Dividends received from equity accounted investees and other investments” is an issuer-specific line, not mapped to a shared definition: Note 34; operating activities.
  3. “Tax refund” is an issuer-specific line, not mapped to a shared definition: Note 35; operating activities.
  4. “Dividends paid, including to non-controlling interests”: mapping to a shared definition is uncertain. Printed as one line including dividends to non-controlling interests; presented within operating activities.
  5. “Net proceeds on the disposal of subsidiaries and businesses net of cash” is an issuer-specific line, not mapped to a shared definition: Notes 36, 42; investing activities.
  6. “Proceeds on disposal of property, plant and equipment and intangible assets”: mapping to a shared definition is uncertain. One line for disposals of property, plant and equipment and intangible assets.
  7. “Acquisition of capital rental devices” is an issuer-specific line, not mapped to a shared definition: Note 8; investing activities.
  8. “Cash outflow from other investing activities” is an issuer-specific line, not mapped to a shared definition: Note 38; investing activities.
  9. “Cash inflow from other investing activities” is an issuer-specific line, not mapped to a shared definition: Note 38; investing activities.
  10. “Acquisition of non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  11. “Lease payments”: mapping to a shared definition is uncertain. Printed 'Lease payments'; interest paid is printed separately in operating activities, but the face does not say whether this line is principal only.
  12. “Settlement of rental finance liabilities” is an issuer-specific line, not mapped to a shared definition: Note 38; financing activities.
  13. “Movement in cash classified as held-for-sale” is an issuer-specific line, not mapped to a shared definition: Reconciling item between opening and closing cash.

Per share and shares

Per share and shares. Columns: FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Earnings / (loss) per share (per share)41 1.032 (0.45)3
Profit / (loss) attributable to shareholders (ZAR millions)5 390 (170)
  1. Printed as 103 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as (45) cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (3)
  1. “Basic earnings / (loss) per share from total operations (cents)”: mapping to a shared definition is uncertain. Basic earnings per share from total operations; diluted is printed separately and differs (native eps_diluted_total).
  2. Earnings / (loss) per share: printed as “Basic earnings / (loss) per share from total operations (cents)”.
  3. Profit / (loss) attributable to shareholders: printed as “Altron equity holders”.

Reported measures outside the statements

Issuer-reported EBITDA, as printed outside the primary statements; definition and scope are the issuer's. Printed label 'Earnings before interest, taxation, depreciation, amortisation, capital items and equity accounted profits (EBITDA before capital items and equity accounted profits)', wrapped over two lines; its amounts are printed on the second line.
Measure (as printed)FY to 28 Feb 2025FY to 29 Feb 2024
(EBITDA before capital items and equity accounted profits)1,822 p461,436 p46

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
28 Feb 2025 Dividends paid (cash flow statement) Dividends paid, including to non-controlling interests (285) ZAR millions Audited financial statements, p50
29 Feb 2024 Dividends paid (cash flow statement) Dividends paid, including to non-controlling interests (170) ZAR millions Audited financial statements, p50

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Altron Annual Financial Statements for the year ended 28 February 2025

    Year ended 28 February 2025 · Audited financial statements · signed / final

    Audit: PricewaterhouseCoopers Inc., unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers Inc., Director: KJ Dikana, Registered Auditor

    Final status: Independent auditor's report on the consolidated and separate financial statements (pages 21 to 182; opinion PDF p15, page image) closes with a handwritten signature 'PricewaterhouseCoopers Inc.', 'Director: KJ Dikana, Registered Auditor, Johannesburg, South Africa, 24 May 2025' (PDF p22, page image). The text layer of the auditor's report pages (PDF pp15-22) is unusable (garbled font encoding); the opinion and signature were read on the renders. The statements were approved by the Board on 22 May 2025 and signed on its behalf by SW van Graan (Chairman), WG Kapp (CEO) and C Snyman (CFO) with handwritten signatures dated 23 May 2025 (PDF p5, page image).

    Document date
    24 May 2025
    Auditor's report
    24 May 2025
    Board approval
    22 May 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 28 Feb 2025, FY to 29 Feb 2024
    Basis
    consolidated statements · ZAR millions (printed “R millions”)
    • 2024 comparatives (and the 1 March 2023 balance sheet) are restated because the investment in Altron Document Solutions is no longer considered held-for-sale (note 39).
    • Current assets and current liabilities each print an unlabelled subtotal before the held-for-sale line (p45). Cash in the cash-flow statement is net of bank overdrafts. No total-liabilities line is printed.
    • The cash-flow statement reconciles opening to closing net cash with two items after the net change: the exchange-rate effect ((5); 2024: (6)) and the movement in cash classified as held-for-sale (6; 2024: (7)); both are transcribed.
    • The income statement presents continuing operations in full, then discontinued operations in full, then net profit from total operations (p46). Revenue, operating profit, profit before tax and taxation are continuing operations; profit for the year is the total.
    • Earnings per share is printed in cents (basic total operations 103; 2024: (45); diluted 100; 2024: (44), p47); stored in rand with the printed figure and unit kept.
    • Fiscal year ended 28 February 2025 (FY2025), as printed; the queue's guess of a period ending 28 February 2026 does not match this document.
    Technical details
    File
    192 pages, with a text layer
    SHA-256
    e0770acec46d73d1d8b7dcefd0daa9c5afaefff729bdc57e37b6e1a2081068f9
    Entity as printed
    Altron Limited (the Company) and its subsidiaries (together the Group)
    Issuer copy
    retrieved 2026-10-08T18:52:42Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

South Africa country page · Company methodology and coverage