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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) (17 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

Axia

AXIA.VX · Victoria Falls Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Axia Corporation Limited
Listing
AXIA.VX on the Victoria Falls Stock Exchange, active · ISIN ZWVX09010062 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 June

Overview

Year ended 30 June 2026 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY to 30 Jun 2026 figures come from it.
Full wording and sources

  • Auditor's report on the full statements, year to 2023-06-30: modified opinion (not a report on this summary)

    Basis for Adverse Opinion (report on the full consolidated financial statements, not on this summary): non-compliance with IAS 21 and IAS 29. (a) Unaudited comparative and opening balances: on the change of functional currency from ZWL to USD the Group adopted unaudited management-accounts balances instead of IAS 21/IAS 29 translated balances, overstating property, plant and equipment by 13,097,407, inventories by USD 15,649,392 and shareholders' equity by USD 28,746,799; (b) transactions recorded in ZWL from 1 July 2022 to 31 May 2023 were translated at monthly average rates although rates fluctuated significantly; the impact could not be determined but is considered material, and the auditors 'cannot express an opinion on the accuracy of revenue, expenses and exchange gains and losses' (PDF pp4-5). The report adds that the consolidated financial statements are not properly drawn up in accordance with section 193(1)(a) of the Companies and Other Business Entities Act (p6).

    Source: Abridged Audited Group Financial Results For The Year Ended 30 June 2023 (dated 2023-10-27)

  • Published summary of audited statements for 2026: final status not established

    Abridged results announcement published by Axia Corporation Limited on its website. The chairman's statement carries a handwritten signature of L.E.M. Ngwerume, Chairman, dated 24 September 2026 (PDF p2, page image). No auditor's report on the summary is printed; the 'Auditor's Statement' (p1) says the complete financial results were audited by BDO Zimbabwe with an unqualified opinion. No board approval date is printed.

    Source: Abridged Audited Group Financial Results For The Year Ended 30 June 2026 (dated 2026-09-24)

  • 2026: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'These audited, abridged financial announcements should be read in conjunction with the complete set of the financial results for the year ended 30 June 2026, audited by BDO Zimbabwe Chartered Accountants' (p1) No auditor's report on the summary is printed; the summary states (p1, 'Auditor's Statement'): 'These audited, abridged financial announcements should be read in conjunction with the complete set of the financial results for the year ended 30 June 2026, audited by BDO Zimbabwe Chartered Accountants and an unqualified opinion has been issued thereon. The opinion includes a key audit matter in respect of revenue recognition. ... The Engagement Partner responsible for the audit is Mr. Davison Madhigi (PAAB 0610).' Abridged group statement of profit or loss and other comprehensive income and statement of financial position (p2); abridged statement of cash flows (operating lines, with investing and financing activities printed as single totals), statement of changes in equity and selected notes (segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net.

    Source: Abridged Audited Group Financial Results For The Year Ended 30 June 2026 (dated 2026-09-24)

  • Published summary of audited statements for 2023: final status not established

    Abridged results announcement of Axia Corporation Limited, filed with the auditor's report on the full consolidated financial statements (PDF pp4-6, Zimbabwe Stock Exchange document store). The chairman's statement carries a handwritten signature of L E M Ngwerume, Chairman, dated 27 October 2023 (PDF p2, page image; the p1 short-form announcement prints the name and date only). No auditor's report on the summary is printed; the report reproduced on pp4-6 is BDO Zimbabwe's ADVERSE opinion on the full consolidated financial statements, signed by hand 'BDO Zimbabwe, Chartered Accountants' and dated 27 October 2023 (PDF p6, scanned page, page image). No board approval date is printed.

    Source: Abridged Audited Group Financial Results For The Year Ended 30 June 2023 (dated 2023-10-27)

  • 2023, 2022: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'The Directors of Axia Corporation Limited are responsible for the preparation and fair presentation of the Group's consolidated financial statements and this press release is an extract thereof.' (p2); 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants' (p1) No auditor's report on the summary is printed. The summary states (p1 and p2, 'Auditor's Statement'): 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants and an adverse opinion has been issued thereon. ... The Engagement Partner responsible for the review is Mr. Davison Madhigi (PAAB 0610).' The full auditor's report on the consolidated financial statements is reproduced on pp4-6 (adverse opinion, signed BDO Zimbabwe, 27 October 2023). Abridged group statement of profit or loss and other comprehensive income (p2); abridged statement of financial position, statement of changes in equity, statement of cash flows (operating lines, with investing and financing activities printed as single totals) and notes (functional currency, segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net; a short-form announcement with salient features is on p1.

    Source: Abridged Audited Group Financial Results For The Year Ended 30 June 2023 (dated 2023-10-27)

  • Revenue

    USD 250 million

    249,546,241 USD units · p2

    Change not shown.

  • Operating profit / (loss)

    USD 23.8 million

    23,838,872 USD units · p2

    Change not shown.

  • Profit / (loss) for the year

    USD 11.1 million

    11,055,155 USD units · p2

    Change not shown.

  • Total assets

    USD 148 million

    148,224,826 USD units · p2

    Change not shown.

  • Total equity

    USD 75.9 million

    75,900,350 USD units · p2

    Change not shown.

  • Cash from operations

    USD 14.1 million

    14,093,592 USD units · p3

    Change not shown.

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

Not shown: the two years come from different filings.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in USD units 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 30 Jun 2026 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY to 30 Jun 2025 — annual report, signed / final; reported for the year · source
  • FY to 30 Jun 2024 — annual report, signed / final; comparative in the FY to 30 Jun 2025 filing · source
  • FY to 30 Jun 2023 — published summary of audited statements (summary), final status not established; reported for the year · source
    • Auditor's report on the full statements, year to 2023-06-30: modified opinion (not a report on this summary). Basis for Adverse Opinion (report on the full consolidated financial statements, not on this summary): non-compliance with IAS 21 and IAS 29. (a) Unaudited comparative and opening balances: on the change of functional currency from ZWL to USD the Group adopted unaudited management-accounts balances instead of IAS 21/IAS 29 translated balances, overstating property, plant and equipment by 13,097,407, inventories by USD 15,649,392 and shareholders' equity by USD 28,746,799; (b) transactions recorded in ZWL from 1 July 2022 to 31 May 2023 were translated at monthly average rates although rates fluctuated significantly; the impact could not be determined but is considered material, and the auditors 'cannot express an opinion on the accuracy of revenue, expenses and exchange gains and losses' (PDF pp4-5). The report adds that the consolidated financial statements are not properly drawn up in accordance with section 193(1)(a) of the Companies and Other Business Entities Act (p6).
    • Published summary of audited statements for 2023: final status not established. Abridged results announcement of Axia Corporation Limited, filed with the auditor's report on the full consolidated financial statements (PDF pp4-6, Zimbabwe Stock Exchange document store). The chairman's statement carries a handwritten signature of L E M Ngwerume, Chairman, dated 27 October 2023 (PDF p2, page image; the p1 short-form announcement prints the name and date only). No auditor's report on the summary is printed; the report reproduced on pp4-6 is BDO Zimbabwe's ADVERSE opinion on the full consolidated financial statements, signed by hand 'BDO Zimbabwe, Chartered Accountants' and dated 27 October 2023 (PDF p6, scanned page, page image). No board approval date is printed.
    • 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The Directors of Axia Corporation Limited are responsible for the preparation and fair presentation of the Group's consolidated financial statements and this press release is an extract thereof.' (p2); 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants' (p1) No auditor's report on the summary is printed. The summary states (p1 and p2, 'Auditor's Statement'): 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants and an adverse opinion has been issued thereon. ... The Engagement Partner responsible for the review is Mr. Davison Madhigi (PAAB 0610).' The full auditor's report on the consolidated financial statements is reproduced on pp4-6 (adverse opinion, signed BDO Zimbabwe, 27 October 2023). Abridged group statement of profit or loss and other comprehensive income (p2); abridged statement of financial position, statement of changes in equity, statement of cash flows (operating lines, with investing and financing activities printed as single totals) and notes (functional currency, segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net; a short-form announcement with salient features is on p1.
  • FY to 30 Jun 2022 — published summary of audited statements (summary), final status not established; comparative in the FY to 30 Jun 2023 filing · source
    • Auditor's report on the full statements, year to 2023-06-30: modified opinion (not a report on this summary). Basis for Adverse Opinion (report on the full consolidated financial statements, not on this summary): non-compliance with IAS 21 and IAS 29. (a) Unaudited comparative and opening balances: on the change of functional currency from ZWL to USD the Group adopted unaudited management-accounts balances instead of IAS 21/IAS 29 translated balances, overstating property, plant and equipment by 13,097,407, inventories by USD 15,649,392 and shareholders' equity by USD 28,746,799; (b) transactions recorded in ZWL from 1 July 2022 to 31 May 2023 were translated at monthly average rates although rates fluctuated significantly; the impact could not be determined but is considered material, and the auditors 'cannot express an opinion on the accuracy of revenue, expenses and exchange gains and losses' (PDF pp4-5). The report adds that the consolidated financial statements are not properly drawn up in accordance with section 193(1)(a) of the Companies and Other Business Entities Act (p6).
    • Published summary of audited statements for 2023: final status not established. Abridged results announcement of Axia Corporation Limited, filed with the auditor's report on the full consolidated financial statements (PDF pp4-6, Zimbabwe Stock Exchange document store). The chairman's statement carries a handwritten signature of L E M Ngwerume, Chairman, dated 27 October 2023 (PDF p2, page image; the p1 short-form announcement prints the name and date only). No auditor's report on the summary is printed; the report reproduced on pp4-6 is BDO Zimbabwe's ADVERSE opinion on the full consolidated financial statements, signed by hand 'BDO Zimbabwe, Chartered Accountants' and dated 27 October 2023 (PDF p6, scanned page, page image). No board approval date is printed.
    • 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The Directors of Axia Corporation Limited are responsible for the preparation and fair presentation of the Group's consolidated financial statements and this press release is an extract thereof.' (p2); 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants' (p1) No auditor's report on the summary is printed. The summary states (p1 and p2, 'Auditor's Statement'): 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants and an adverse opinion has been issued thereon. ... The Engagement Partner responsible for the review is Mr. Davison Madhigi (PAAB 0610).' The full auditor's report on the consolidated financial statements is reproduced on pp4-6 (adverse opinion, signed BDO Zimbabwe, 27 October 2023). Abridged group statement of profit or loss and other comprehensive income (p2); abridged statement of financial position, statement of changes in equity, statement of cash flows (operating lines, with investing and financing activities printed as single totals) and notes (functional currency, segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net; a short-form announcement with salient features is on p1.

Income statement

Income statement, USD units. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY to 30 Jun 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filingFY to 30 Jun 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 30 Jun 2022Published summary of audited statements (summary)comparative in FY to 30 Jun 2023 filingsource limitations
Revenue 249,546,241 196,472,952 193,849,387 203,749,965 204,181,128
financial losses12 (47,684) (2,446,810)3 1,124,996 (1,043,497) (986,492)
depreciation and amortisation45 (7,573,516) Not reported in this filing76 Not reported in this filing7 (5,571,963) (5,266,617)
Profit before interest and tax89 23,838,872 16,229,577 13,365,532 14,229,176 18,433,981
net interest expense10 (4,494,230) Not reported in this filing1211 Not reported in this filing12 (3,220,565) (2,528,295)
equity accounted earnings13 48,084 (20,605) 261,317 178,160 610,513
Profit before tax 19,392,726 11,541,283 9,195,840 11,186,771 16,516,199
tax expense14 (8,337,571) (3,070,527) (3,131,932) (5,003,263) (6,455,728)
Profit for the year 11,055,155 8,470,756 6,063,908 6,183,508 10,060,471
Other comprehensive income/(loss) for the year, net of tax15 1,359,432 (1,432,186) (2,276,868) 2,857,733 (939,926)
Total comprehensive income for the year 12,414,587 7,038,570 3,787,040 9,041,241 9,120,545
non-controlling interests16 4,199,024 3,410,485 2,637,197 2,423,581 4,441,336
exchange differences arising on the translation of foreign entities1718 1,359,432 (1,432,186) (2,276,868) (875,564) (939,926)
non-controlling interests19 4,878,740 2,694,392 1,498,763 3,850,278 3,971,374
equity holders of the parent20 7,535,847 4,344,178 2,288,277 5,190,963 5,149,171
Cost of sales Not reported in this filing21 (136,389,168) (136,746,354) Not reported in this filing21 Not reported in this filing21
Gross profit Not reported in this filing21 60,083,784 57,103,033 Not reported in this filing21 Not reported in this filing21
other income Not reported in this filing22 4,293,638 4,554,392 Not reported in this filing23 Not reported in this filing23
operating expenses Not reported in this filing22 (37,740,407) (41,243,562) Not reported in this filing23 Not reported in this filing23
net impairment loss on trade and other receivables Not reported in this filing22 (738,380) (768,421) Not reported in this filing23 Not reported in this filing23
Operating profit before impairment, depreciation and fair value adjustments24 Not reported in this filing25 25,898,635 19,645,442 Not reported in this filing26 Not reported in this filing26
depreciation of property, plant and equipment and right of use assets Not reported in this filing27 (7,225,936) (7,458,283) Not reported in this filing28 Not reported in this filing28
fair value adjustments on financial assets Not reported in this filing29 3,688 53,377 Not reported in this filing30 Not reported in this filing30
interest income Not reported in this filing31 189,245 43,481 Not reported in this filing31 Not reported in this filing31
interest expense Not reported in this filing31 (4,856,934) (4,474,490) Not reported in this filing31 Not reported in this filing31
fair value adjustments of property, plant and equipment-gross32 Not reported in this filing33 Not reported in this filing34 Not reported in this filing34 5,209,654 –35
tax on fair value adjustments of property, plant and equipment36 Not reported in this filing33 Not reported in this filing34 Not reported in this filing34 (1,476,357)37 –35
  1. Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
  2. Printed “(1476 357)”; read as (1476357). p2: Printed '(1476 357)' with an irregular thousands grouping (text layer and page image, p2); read as one amount, (1 476 357), which with (875 564) and 5 209 654 gives the printed 'Other comprehensive income for the year, net of tax' 2 857 733.
Notes and alternative reported figures (35)
  1. “financial losses” is an issuer-specific line, not mapped to a shared definition: Note 11: printed below the operating subtotal.
  2. Printed under different labels across filings: “financial (loss)/gain”; “financial loss”; “financial losses”.
  3. Published summary of audited statements dated 2026-09-24 prints (2 443 122) (units, p2) for this line and year.
  4. “depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Depreciation and amortisation printed as one line in the abridged statement of profit or loss.
  5. Printed under different labels across filings: “depreciation”; “depreciation and amortisation”.
  6. Published summary of audited statements dated 2026-09-24 presents this line for this year: (7 225 936) (p2). Not shown in this column, which follows one filing's presentation.
  7. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'depreciation of property, plant and equipment and right of use assets' (p92), shown in the row 'Depreciation (property, equipment and right-of-use assets)'. Checked on the page image.
  8. “Profit before interest and tax”: mapping to a shared definition is uncertain. Printed 'Profit before interest and tax'; it includes the financial losses line.
  9. Printed under different labels across filings: “Profit before interest and tax”; “Profit before interest, equity accounted earnings and tax”.
  10. “net interest expense” is an issuer-specific line, not mapped to a shared definition: Interest expense net of interest income, printed as one line in the abridged statement.
  11. Published summary of audited statements dated 2026-09-24 presents this line for this year: (4 667 689) (p2). Not shown in this column, which follows one filing's presentation.
  12. Not reported in this filing: Not printed: the statement of profit or loss (p92) has no net interest expense line; it prints 'interest income' and 'interest expense' as separate lines (shown in the Finance income and Finance costs rows). Checked on the page image.
  13. Printed under different labels across filings: “equity accounted (losses)/earnings”; “equity accounted earnings”.
  14. Printed under different labels across filings: “Income tax expense”; “tax expense”.
  15. Printed under different labels across filings: “Other comprehensive income for the year, net of tax”; “Other comprehensive income/(loss) for the year, net of tax”.
  16. “non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Share of profit for the year attributable to non-controlling interests.
  17. “exchange differences arising on the translation of foreign entities” is an issuer-specific line, not mapped to a shared definition: OCI item to be recycled to profit or loss.
  18. Printed under different labels across filings: “exchange differences arising on the translation”; “exchange differences arising on the translation of foreign entities”; “exchange differences arising on the translation of foreign operations”.
  19. “non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Attribution of total comprehensive income.
  20. “equity holders of the parent” is an issuer-specific line, not mapped to a shared definition: Attribution of total comprehensive income.
  21. Not reported in this filing: Not printed in the summary publication.
  22. Not reported in this filing: Not printed: the abridged statement of profit or loss (p2) goes from 'Revenue' straight to 'Operating profit before depreciation and amortisation'; it prints no other income, operating expenses or impairment of receivables line. Checked on the page image.
  23. Not reported in this filing: Not printed: the abridged statement of profit or loss (p2) goes from 'Revenue' straight to 'Operating profit before depreciation and fair value adjustments'; it prints no other income, operating expenses or impairment of receivables line. Checked on the page image.
  24. “Operating profit before impairment, depreciation and fair value adjustments” is an issuer-specific line, not mapped to a shared definition: Printed subtotal: gross profit plus other income less operating expenses and the net impairment loss on receivables.
  25. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'Operating profit before depreciation and amortisation' (p2), shown in the row 'EBITDA as reported by the issuer'. Checked on the page image.
  26. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'Operating profit before depreciation and fair value adjustments' (p2), shown in the row 'EBITDA as reported by the issuer'. Checked on the page image.
  27. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'depreciation and amortisation' (p2), shown in the row 'depreciation and amortisation'. Checked on the page image.
  28. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'depreciation' (p2), shown in the row 'depreciation and amortisation'. Checked on the page image.
  29. Not reported in this filing: Not printed: the abridged statement (p2) prints no fair value adjustment on financial assets line; between 'Operating profit before depreciation and amortisation' and 'Profit before interest and tax' it prints only 'financial losses' and 'depreciation and amortisation'. Checked on the page image.
  30. Not reported in this filing: Not printed: the abridged statement (p2) prints no fair value adjustment on financial assets line; between 'Operating profit before depreciation and fair value adjustments' and 'Profit before interest and tax' it prints only 'financial loss' and 'depreciation'. Checked on the page image.
  31. Not reported in this filing: Not reported separately: the abridged statement (p2) prints a single 'net interest expense' line, shown in the row 'net interest expense'; no separate interest income or interest expense. Checked on the page image.
  32. “fair value adjustments of property, plant and equipment-gross” is an issuer-specific line, not mapped to a shared definition: OCI item; revaluation surplus before tax.
  33. Not reported in this filing: Not printed: the OCI section of the abridged statement (p2) prints only 'exchange differences arising on the translation of foreign entities'; it has no fair value adjustment of property, plant and equipment line or tax on it. Checked on the page image.
  34. Not reported in this filing: Not printed: the other comprehensive income section of the statement (p92) prints only 'exchange differences arising on the translation of foreign operations'; it has no fair value adjustment of property, plant and equipment line or tax on it. Checked on the page image.
  35. “tax on fair value adjustments of property, plant and equipment” is an issuer-specific line, not mapped to a shared definition: OCI item; deferred tax on the revaluation surplus.

Balance sheet

Balance sheet, USD units. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY to 30 Jun 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filingFY to 30 Jun 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 30 Jun 2022Published summary of audited statements (summary)comparative in FY to 30 Jun 2023 filingsource limitations
property, plant and equipment 27,127,035 27,431,236 27,110,923 28,949,225 19,971,864
right of use assets 12,320,519 10,932,362 12,559,601 12,915,358 2,690,745
investments in associates and joint ventures –1 2,944,577 2,965,182 1,849,953 1,907,095
deferred tax assets 555,539 474,505 295,034 224,443 721,670
Non-current assets (unlabelled subtotal) 40,003,093 41,782,680 42,930,740 43,938,979 25,291,374
financial assets at fair value through profit or loss2 793,923 698,412 400,279 Not reported in this filing3 Not reported in this filing3
financial assets at amortised cost4 878,887 Not reported in this filing65 Not reported in this filing6 Not reported in this filing3 Not reported in this filing3
inventories 55,418,036 41,341,511 44,799,015 38,654,485 41,159,097
trade and other receivables 43,851,950 40,951,557 30,726,730 32,238,750 23,835,444
cash and cash equivalents 7,278,937 2,798,124 8,697,147 2,839,285 5,723,036
Current assets (unlabelled subtotal) 108,221,733 85,789,604 84,623,171 74,238,302 71,091,098
Total assets 148,224,826 127,572,284 127,553,911 118,177,281 96,382,472
ordinary share capital 56,738 55,600 55,600 55,600 55,600
share premium 4,699,434 3,620,572 3,620,572 3,620,572 3,620,572
non-distributable reserves7 (3,812,666) (4,492,382) (3,776,289) (2,637,855) (4,068,891)
distributable reserves8 44,685,360 40,049,000 35,685,488 33,142,229 31,349,454
Attributable to equity holders of parent9 45,628,866 39,232,790 35,585,371 34,180,546 30,956,735
non-controlling interests 30,271,484 27,682,982 25,273,187 27,551,277 25,554,340
Total shareholders' equity10 75,900,350 66,915,772 60,858,558 61,731,823 56,511,075
deferred tax liabilities 3,063,935 2,381,103 1,779,443 2,417,510 449,318
lease liabilities 9,423,412 9,045,670 8,755,360 9,086,201 1,452,780
Non-current liabilities (unlabelled subtotal) 12,487,347 11,426,773 10,534,803 11,503,711 1,902,098
interest-bearing borrowings 12,774,325 15,976,709 20,447,000 12,879,341 9,689,942
lease liabilities 4,008,396 2,651,301 4,165,864 3,747,809 1,413,679
trade and other payables 39,752,705 28,015,966 28,861,457 26,021,679 21,823,403
provisions and other liabilities11 1,264,794 Not reported in this filing1312 Not reported in this filing13 519,808 960,477
current tax liabilities 2,036,909 1,550,213 1,988,106 1,773,110 4,081,798
Current liabilities (unlabelled subtotal) 59,837,129 49,229,739 56,160,550 44,941,747 37,969,299
Total liabilities 72,324,476 60,656,512 66,695,353 56,445,458 39,871,397
Total equity and liabilities 148,224,826 127,572,284 127,553,911 118,177,281 96,382,472
provisions Not reported in this filing14 1,035,550 698,123 Not reported in this filing15 Not reported in this filing15
financial assets16 Not reported in this filing17 Not reported in this filing18 Not reported in this filing18 505,782 373,521
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
Notes and alternative reported figures (17)
  1. “financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 19, current.
  2. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'financial assets' (p3), shown in the row 'financial assets'. Checked on the text layer (current assets list on p3).
  3. “financial assets at amortised cost” is an issuer-specific line, not mapped to a shared definition: Current financial assets at amortised cost (abridged statement).
  4. Published summary of audited statements dated 2026-09-24 presents this line for this year: - (p2). Not shown in this column, which follows one filing's presentation.
  5. Not reported in this filing: Not printed: the statement of financial position (p93) has no 'financial assets at amortised cost' line; its current assets are 'financial assets at fair value through profit or loss', inventories, trade and other receivables and cash and cash equivalents. Text layer.
  6. “non-distributable reserves” is an issuer-specific line, not mapped to a shared definition: Note 23.
  7. “distributable reserves” is an issuer-specific line, not mapped to a shared definition: Note 24.
  8. Printed under different labels across filings: “Attributable to equity holders of parent”; “Attributable to equity holders of the parent”.
  9. Printed under different labels across filings: “Total shareholders' equity”; “Total shareholders’ equity”.
  10. “provisions and other liabilities” is an issuer-specific line, not mapped to a shared definition: Current provisions and other liabilities (abridged statement).
  11. Published summary of audited statements dated 2026-09-24 presents this line for this year: 1 035 550 (p2). Not shown in this column, which follows one filing's presentation.
  12. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'provisions' (p93), shown in the row 'Provisions, current'. Checked on the text layer.
  13. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'provisions and other liabilities' (p2), shown in the row 'provisions and other liabilities'. Checked on the page image.
  14. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'provisions and other liabilities' (p3), shown in the row 'provisions and other liabilities'. Checked on the text layer.
  15. “financial assets” is an issuer-specific line, not mapped to a shared definition: Current financial assets, one line in the FY2023 abridged statement.
  16. Not reported in this filing: Not reported under this label in this filing: the abridged statement of financial position (p2) prints 'financial assets at fair value through profit or loss' and 'financial assets at amortised cost' as two lines, shown in those rows; no single 'financial assets' line. Checked on the page image.
  17. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'financial assets at fair value through profit or loss' (p93), shown in the row 'financial assets at fair value through profit or loss'. Checked on the text layer.

Cash flow

Cash flow, USD units. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY to 30 Jun 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filingFY to 30 Jun 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 30 Jun 2022Published summary of audited statements (summary)comparative in FY to 30 Jun 2023 filingsource limitations
Cash generated from operations 26,013,031 15,583,763 15,348,217 15,105,153 24,339,605
net interest paid1 (4,494,230) Not reported in this filing32 Not reported in this filing3 (3,220,565) (2,528,296)
tax paid (7,425,209) (3,098,087) (2,991,253) (5,485,350) (5,286,786)
Net cash generated from operating activities4 14,093,592 7,817,987 7,925,955 6,399,238 16,524,523
Investing activities 1,680,463 (3,436,253) (4,297,864) (6,616,644) (14,335,414)
Net cash inflow before financing activities56 15,774,055 4,381,734 3,628,091 (217,406) 2,189,109
Financing activities (11,293,242) (10,280,757) 2,229,771 (2,666,345) (2,597,407)
Increase/(decrease) in cash and cash equivalents7 4,480,813 (5,899,023) 5,857,862 (2,883,751) (408,298)
Cash and cash equivalents at the beginning of the year 2,798,124 8,697,147 2,839,285 5,723,036 6,131,334
Cash and cash equivalents at the end of the year 7,278,937 2,798,124 8,697,147 2,839,285 5,723,036
interest income Not reported in this filing8 189,245 43,481 Not reported in this filing8 Not reported in this filing8
interest expense9 Not reported in this filing8 (4,856,934) (4,474,490) Not reported in this filing8 Not reported in this filing8
dividends paid by holding company Not reported in this filing10 (701,760) (1,824,149) Not reported in this filing10 Not reported in this filing10
dividends paid by subsidiaries to non-controlling interests11 Not reported in this filing10 (2,053,998) (1,086,300) Not reported in this filing10 Not reported in this filing10
cash payments for the principal portion of the lease liabilities Not reported in this filing10 (3,854,350) (3,769,637) Not reported in this filing10 Not reported in this filing10
proceeds from interest-bearing borrowings Not reported in this filing10 18,632,709 27,699,713 Not reported in this filing10 Not reported in this filing10
repayment of interest-bearing borrowings Not reported in this filing10 (22,303,358) (18,789,856) Not reported in this filing10 Not reported in this filing10
Notes and alternative reported figures (11)
  1. “net interest paid” is an issuer-specific line, not mapped to a shared definition: Interest paid net of interest received, operating activities (abridged statement).
  2. Published summary of audited statements dated 2026-09-24 presents this line for this year: (4 667 689) (p3). Not shown in this column, which follows one filing's presentation.
  3. Not reported in this filing: Not printed: the statement of cash flows (p95) has no net interest paid line; it prints 'interest income' and 'interest expense' separately under operating activities (shown in the Interest received and Interest paid on borrowings rows). Text layer.
  4. Printed under different labels across filings: “Cash generated from operating activities”; “Net cash generated from operating activities”.
  5. “Net cash inflow before financing activities” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of operating and investing cash flows.
  6. Printed under different labels across filings: “Net cash flow before financing activities”; “Net cash inflow before financing activities”.
  7. Printed under different labels across filings: “(Decrease)/increase in cash and cash equivalents”; “Decrease in cash and cash equivalents”; “Increase/(decrease) in cash and cash equivalents”.
  8. Not reported in this filing: Not reported separately: the abridged statement of cash flows (p3) prints a single 'net interest paid' line, shown in the row 'net interest paid'. Text layer.
  9. “interest expense”: mapping to a shared definition is uncertain. Printed 'interest expense' in operating cash flows, equal to the interest expense in profit or loss (note 12); the statement does not say whether lease interest is included.
  10. Not reported in this filing: Not reported separately: included in 'Financing activities' (p3), which the abridged statement of cash flows prints as one line with no breakdown. Text layer.
  11. “dividends paid by subsidiaries to non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Financing activities.

Per share and shares

Per share and shares. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY to 30 Jun 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filingFY to 30 Jun 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 30 Jun 2022Published summary of audited statements (summary)comparative in FY to 30 Jun 2023 filingsource limitations
Earnings / (loss) per share (per share)812 0.01213 0.00914 0.00625 0.00686 0.01027
Profit / (loss) attributable to shareholders (USD units)9 6,856,131 5,060,271 3,426,711 3,759,927 5,619,135
  1. Printed as 1.21 cents; value converted to USD at 100 cents = 1 USD.
  2. Printed as 0.91 cents; value converted to USD at 100 cents = 1 USD.
  3. Printed as 0.62 cents; value converted to USD at 100 cents = 1 USD.
  4. Printed as 0.68 cents; value converted to USD at 100 cents = 1 USD.
  5. Printed as 1.02 cents; value converted to USD at 100 cents = 1 USD.
Notes and alternative reported figures (4)
  1. “Basic earnings per share (cents)”: mapping to a shared definition is uncertain. Basic EPS (US cents, note 6); diluted basic EPS is printed separately and differs for 2022 (native eps_diluted).
  2. Printed under different labels across filings: “Basic earnings per share”; “Basic earnings per share (cents)”.
  3. Earnings / (loss) per share: printed as “Basic earnings per share (cents)”.
  4. Profit / (loss) attributable to shareholders: printed as “equity holders of the parent”.

Reported measures outside the statements

Issuer-reported EBITDA, as printed outside the primary statements; definition and scope are the issuer's. Printed 'Operating profit before depreciation and amortisation'; the salient features call the same amount (USD 31 460 072) EBITDA (p1).
Measure (as printed)FY to 30 Jun 2026FY to 30 Jun 2025FY to 30 Jun 2024FY to 30 Jun 2023FY to 30 Jun 2022
Operating profit before depreciation and amortisation31,460,072 p2Not reported in this filingNot reported in this filing20,844,636 p224,687,090 p2

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
30 Jun 2025 Dividends paid (cash flow statement) dividends paid by holding company (701,760) USD units Annual report, p95
30 Jun 2024 Dividends paid (cash flow statement) dividends paid by holding company (1,824,149) USD units Annual report, p95

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.

  • Abridged Audited Group Financial Results For The Year Ended 30 June 2026

    Year ended 30 June 2026 · Published summary of audited statements (summary) · final status not established

    Audit: BDO Zimbabwe (Chartered Accountants) (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Abridged results announcement published by Axia Corporation Limited on its website. The chairman's statement carries a handwritten signature of L.E.M. Ngwerume, Chairman, dated 24 September 2026 (PDF p2, page image). No auditor's report on the summary is printed; the 'Auditor's Statement' (p1) says the complete financial results were audited by BDO Zimbabwe with an unqualified opinion. No board approval date is printed.

    Document date
    24 Sep 2026
    Auditor's report
    date not found in this document
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2026
    Basis
    consolidated statements · USD units (printed “USD”)
    • Profit or loss runs from operating profit before depreciation and amortisation (EBITDA in the salient features) through financial losses and depreciation to profit before interest and tax (mapped to operating profit, ambiguous), then net interest expense and equity accounted earnings (p2).
    • Earnings per share is printed in US cents (basic 1.21; 2025: 0.91; diluted basic printed identically, p3); stored in dollars (÷100) with the printed figure and unit kept.
    • No auditor's report on the summary is printed; the summary states (p1, 'Auditor's Statement'): 'These audited, abridged financial announcements should be read in conjunction with the complete set of the financial results for the year ended 30 June 2026, audited by BDO Zimbabwe Chartered Accountants and an unqualified opinion has been issued thereon. The opinion includes a key audit matter in respect of revenue recognition. ... The Engagement Partner responsible for the audit is Mr. Davison Madhigi (PAAB 0610).'
    • Abridged group statement of profit or loss and other comprehensive income and statement of financial position (p2); abridged statement of cash flows (operating lines, with investing and financing activities printed as single totals), statement of changes in equity and selected notes (segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net.
    Technical details
    File
    3 pages, with a text layer
    SHA-256
    cfe53d6cd205a283ae1502df2777ab7e81ae51dc535b8c2ef7e980685000bdcd
    Entity as printed
    Axia Corporation Limited (the Group)
    Issuer copy
    retrieved 2026-10-08T20:40:16Z

  • AXIA Corporation Limited Annual Report 2025

    Year ended 30 June 2025 · Annual report · signed / final

    Audit: BDO Zimbabwe (Chartered Accountants), unmodified opinion · signed

    Auditor's sign-off: Davison Madhigi CA(Z), Partner (PAAB certificate 0610), for BDO Zimbabwe

    Final status: Independent auditor's report signed with a handwritten 'BDO Zimbabwe' signature above the printed BDO Zimbabwe, Chartered Accountants, per Davison Madhigi CA(Z), Partner, Registered Public Auditor (PAAB certificate 0610), dated 25 September 2025 (PDF p91, page image; opinion PDF p88). The group statement of financial position carries handwritten signatures of L.E.M. Ngwerume (Chairman) and R.M. Rambanapasi (Chief Executive Officer), each dated 25 September 2025 (PDF p93, page image); note on PDF p144 states approval by the board on 25 September 2025.

    Document date
    25 Sep 2025
    Auditor's report
    25 Sep 2025
    Board approval
    25 Sep 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2025, FY to 30 Jun 2024
    Basis
    consolidated statements · USD units (printed “USD”)
    • Profit or loss is presented by a sequence of issuer subtotals: operating profit before impairment, depreciation and fair value adjustments, then profit before interest, equity accounted earnings and tax (mapped to operating profit, ambiguous) (p92).
    • The statement of cash flows prints investing activities and financing activities totals as single lines above the financing components (p95).
    • Earnings per share is printed in US cents (basic 0.91; 2024: 0.62; diluted basic printed identically, p92); stored in dollars (÷100) with the printed figure and unit kept.
    Technical details
    File
    170 pages, with a text layer
    SHA-256
    c6020caa0bcfc2faf5872622209c43b10ff642f218b507fdfca61f8e86d1c5b9
    Entity as printed
    AXIA CORPORATION LIMITED AND ITS SUBSIDIARIES (the Group)
    Issuer copy
    retrieved 2026-10-08T20:40:32Z

  • Abridged Audited Group Financial Results For The Year Ended 30 June 2023

    Year ended 30 June 2023 · Published summary of audited statements (summary) · final status not established

    Audit: BDO Zimbabwe (Chartered Accountants) (named); no auditor's opinion on the full statements in this document

    Final status: Abridged results announcement of Axia Corporation Limited, filed with the auditor's report on the full consolidated financial statements (PDF pp4-6, Zimbabwe Stock Exchange document store). The chairman's statement carries a handwritten signature of L E M Ngwerume, Chairman, dated 27 October 2023 (PDF p2, page image; the p1 short-form announcement prints the name and date only). No auditor's report on the summary is printed; the report reproduced on pp4-6 is BDO Zimbabwe's ADVERSE opinion on the full consolidated financial statements, signed by hand 'BDO Zimbabwe, Chartered Accountants' and dated 27 October 2023 (PDF p6, scanned page, page image). No board approval date is printed.

    Document date
    27 Oct 2023
    Auditor's report
    date not recorded
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2023, FY to 30 Jun 2022
    Basis
    consolidated statements · USD units (printed “USD”)
    • the auditor's adverse opinion on the underlying full statements covers both years; year-on-year comparisons are not reliable, including the issuer's printed percentage changes.
    • Basis for Adverse Opinion (report on the full consolidated financial statements, not on this summary): non-compliance with IAS 21 and IAS 29. (a) Unaudited comparative and opening balances: on the change of functional currency from ZWL to USD the Group adopted unaudited management-accounts balances instead of IAS 21/IAS 29 translated balances, overstating property, plant and equipment by 13,097,407, inventories by USD 15,649,392 and shareholders' equity by USD 28,746,799; (b) transactions recorded in ZWL from 1 July 2022 to 31 May 2023 were translated at monthly average rates although rates fluctuated significantly; the impact could not be determined but is considered material, and the auditors 'cannot express an opinion on the accuracy of revenue, expenses and exchange gains and losses' (PDF pp4-5). The report adds that the consolidated financial statements are not properly drawn up in accordance with section 193(1)(a) of the Companies and Other Business Entities Act (p6).
    • Adverse opinion: 'In our opinion, because of the significance of the matters discussed in our Basis for Adverse Opinion section of our report, the consolidated financial statements do not present fairly, the financial position of AXIA CORPORATION LIMITED AND ITS SUBSIDIARIES as at 30 June 2023, and its financial performance and cash flows for the year then ended in accordance with International Financial Reporting Standards.' (PDF p4), on the full consolidated financial statements; reproduced in this publication. Basis: Basis for Adverse Opinion (PDF pp4-5).
    • Change in accounting policy: property, plant and equipment moved from the cost to the revaluation model at the end of FY2023; the revaluation surplus is in OCI and non-distributable reserves (p2).
    • Profit or loss runs from 'Operating profit before depreciation and fair value adjustments' (mapped to ebitda, ambiguous) through financial loss and depreciation to profit before interest and tax (mapped to operating profit, ambiguous), then net interest expense and equity accounted earnings (p2). The plain text layer drops the 'fi'/'fl' ligatures ('Prot before tax'); the word-position re-read used for the statement pages keeps them.
    • Earnings per share is printed in US cents (basic 0.68; 2022: 1.02; diluted basic 0.68; 2022: 1.01, p3); stored in dollars (÷100) with the printed figure and unit kept.
    • No auditor's report on the summary is printed. The summary states (p1 and p2, 'Auditor's Statement'): 'This short-form financial announcement should be read in conjunction with the complete set of the financial results for the year ended 30 June 2023, audited by BDO Zimbabwe Chartered Accountants and an adverse opinion has been issued thereon. ... The Engagement Partner responsible for the review is Mr. Davison Madhigi (PAAB 0610).' The full auditor's report on the consolidated financial statements is reproduced on pp4-6 (adverse opinion, signed BDO Zimbabwe, 27 October 2023).
    • Abridged group statement of profit or loss and other comprehensive income (p2); abridged statement of financial position, statement of changes in equity, statement of cash flows (operating lines, with investing and financing activities printed as single totals) and notes (functional currency, segments, commitments, borrowings, EPS) (p3). Condensed lines: no cost of sales, gross profit or operating-expense lines; interest printed net; a short-form announcement with salient features is on p1.
    Technical details
    File
    6 pages, with a text layer
    SHA-256
    d5d1dae637fe8ff35c3cfd5544a4f13e370c243d181400d78fdd08e38cbecd1e
    Entity as printed
    Axia Corporation Limited (the Group)
    Exchange copy
    retrieved 2026-10-08T18:05:15Z

Data notes

  • tax on fair value adjustments of property, plant and equipment — Printed '(1476 357)'; read as '(1476357)'. Printed '(1476 357)' with an irregular thousands grouping (text layer and page image, p2); read as one amount, (1 476 357), which with (875 564) and 5 209 654 gives the printed 'Other comprehensive income for the year, net of tax' 2 857 733. (Abridged Audited Group Financial Results For The Year Ended 30 June 2023, p2)

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 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.

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