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Huge Group

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

On this page
Company details
Legal name
Huge Group Limited
Incorporated in
South Africa
Listing
HUG on the A2X Markets, active · ISIN ZAE000102042 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
28 February

Overview

Year ended 28 February 2026 · annual report, signed / final · source

  • Revenue

    Not reported in this filing

  • Operating profit / (loss)

    ZAR 86.6 million

    86,600 ZAR thousands · p50

    Change not shown.

  • Profit / (loss) for the year

    ZAR 28.5 million

    28,473 ZAR thousands · p50

    Change not shown.

  • Total assets

    ZAR 1.97 billion

    1,973,429 ZAR thousands · p50

    Change not shown.

  • Total equity

    ZAR 1.63 billion

    1,630,949 ZAR thousands · p50

    Change not shown.

  • Cash from operations

    −ZAR 28.0 million

    (27,958) ZAR thousands · p51

    Change not shown.

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.

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 ZAR thousands 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 2026 — annual report, signed / final; reported for the year · source
  • FY to 28 Feb 2025 — annual report, signed / final; reported for the year · source
  • FY to 29 Feb 2024 — annual report, signed / final; comparative in the FY to 28 Feb 2025 filing · source

Income statement

Income statement, ZAR thousands. Columns: FY to 28 Feb 2026 — annual report (signed / final), as reported for the year; FY to 28 Feb 2025 — annual report (signed / final), as reported for the year; FY to 29 Feb 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 28 Feb 2026Annual reportreported for the yearFY to 28 Feb 2025Annual reportreported for the yearFY to 29 Feb 2024Annual reportcomparative in FY to 28 Feb 2025 filing
Net gain/(loss) from financial assets at fair value through profit or loss1 59,825 (118,959) 3,381
Investment income2 23,938 65,543 97,832
Dividend income3 23,742 61,142 59,857
Interest income 196 4,401 37,975
Interest earned on loans4 –5 34 37,541
Finance income6 196 4,367 434
Net fee income7 28,651 12,599 59,131
Fee income 28,651 47,349 59,131
Fee expense –8 (34,750) –8
Other income9 –10 22 2,332
Foreign exchange gain11 –12 12 –12
Other income –12 10 2,332
Expenses (25,814) (12,112) (110,469)
Other expenses (20,646) Not reported in this filing1413 Not reported in this filing15
Employee costs (5,203) (3,890) (8,775)
Reversal/(provision) for impairment of financial assets16 303 5,143 (84,781)
Foreign exchange loss17 (155) Not reported in this filing1918 Not reported in this filing19
Depreciation and amortisation20 (113) (106) (142)
Profit or (loss) before finance costs and taxation2122 86,600 (52,907) 52,207
Finance costs (28,817) (31,517) (25,966)
Profit or (loss) before taxation 57,783 (84,424) 26,241
Income tax expense (29,310) 22,910 9,133
Profit or (loss) for the year 28,473 (61,514) 35,374
Total comprehensive income or (loss) attributable to:23 28,473 (61,514) 35,374
Selling and administration expenses24 Not reported in this filing25 (13,259) (16,771)
  1. Printed “–”, read as nil: subtotal_arithmetic: is.interest_income.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.net_fee_commission_income.
  3. Printed “–”, read as nil: subtotal_arithmetic: is.operating_profit.
  4. Printed “–”, read as nil: subtotal_arithmetic: is.native.co_1xk1ynyrgaes.other_income_total.
Notes and alternative reported figures (21)
  1. Printed under different labels across filings: “Net gain/(loss) from financial assets at fair value through profit or loss”; “fair value through profit or loss”.
  2. “Investment income” is an issuer-specific line, not mapped to a shared definition: Note 9: printed subtotal of dividend income and interest income.
  3. “Dividend income” is an issuer-specific line, not mapped to a shared definition: Within investment income.
  4. “Interest earned on loans” is an issuer-specific line, not mapped to a shared definition: Within interest income; 2026 printed '–'.
  5. “Finance income” is an issuer-specific line, not mapped to a shared definition: Within interest income (printed component, not a separate finance income line beside finance costs).
  6. Printed under different labels across filings: “Net fee Income”; “Net fee income”.
  7. “Other income” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of foreign exchange gain and other income; 2026 printed '–'.
  8. “Foreign exchange gain” is an issuer-specific line, not mapped to a shared definition: Within other income; 2026 printed '–'.
  9. Annual report dated 2026-05-29 presents this line for this year: (13 259) (p50). Not shown in this column, which follows one filing's presentation.
  10. Not reported in this filing: Not reported under this line: the FY2025 Group statement of comprehensive income (p54, text layer) prints no 'Other expenses' line; under 'Expenses' it prints 'Selling and administration expenses' (13 259) for 2025 (transcribed under native.co_1xk1ynyrgaes.selling_and_administration_expenses), employee costs, impairment and depreciation. The FY2026 statement relabels that line 'Other expenses' (2025 (13 259) in both documents). Not moved between concepts.
  11. Not reported in this filing: Not reported under this line: the FY2025 Group statement of comprehensive income (p54, text layer) prints no 'Other expenses' line; under 'Expenses' it prints 'Selling and administration expenses' (16 771) for 2024 (transcribed under native.co_1xk1ynyrgaes.selling_and_administration_expenses), employee costs, impairment and depreciation. The FY2026 statement relabels that line 'Other expenses' (2025 (13 259) in both documents). Not moved between concepts.
  12. Printed under different labels across filings: “Reversal/(provision) for impairment of financial assets”; “on financial assets”.
  13. “Foreign exchange loss” is an issuer-specific line, not mapped to a shared definition: Within expenses; 2025 printed '–'.
  14. Annual report dated 2026-05-29 presents this line for this year: – (p50). Not shown in this column, which follows one filing's presentation.
  15. Not reported in this filing: Not reported: the FY2025 Group statement of comprehensive income (p54, text layer) prints no 'Foreign exchange loss' line; it prints 'Foreign exchange gain' under 'Other income', a different line.
  16. “Depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Within expenses (one line).
  17. “Profit or (loss) before finance costs and taxation”: mapping to a shared definition is uncertain. Printed 'Profit or (loss) before finance costs and taxation': the statement prints no operating profit line.
  18. Printed under different labels across filings: “Profit or (loss) before finance costs and taxation”; “and taxation”.
  19. Printed under different labels across filings: “Total comprehensive income or (loss) attributable to:”; “attributable to:”.
  20. “Selling and administration expenses” is an issuer-specific line, not mapped to a shared definition: Within expenses (note 10); printed as one line (the FY2026 statement prints 'Other expenses' in this position).
  21. Not reported in this filing: Not reported under this line: the FY2026 Group statement of comprehensive income (p50, text layer) prints no 'Selling and administration expenses' line; the equivalent position is printed as 'Other expenses' (20 646) for 2026, transcribed under other_operating_expenses. Not moved between concepts.

Balance sheet

Balance sheet, ZAR thousands. Columns: FY to 28 Feb 2026 — annual report (signed / final), as reported for the year; FY to 28 Feb 2025 — annual report (signed / final), as reported for the year; FY to 29 Feb 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 28 Feb 2026Annual reportreported for the yearFY to 28 Feb 2025Annual reportreported for the yearFY to 29 Feb 2024Annual reportcomparative in FY to 28 Feb 2025 filing
Goodwill1 4,579 4,579 4,579
Property, plant and equipment 139 144 191
Investments held2 1,595,013 1,463,001 1,581,933
Loans receivable34 314,995 344,939 240,707
Trade and other receivables5 28,408 84,468 30,060
Deferred tax asset –6 20,911 16,822
Total non-current assets 1,943,134 1,918,042 1,874,292
Trade and other receivables 24,396 14,737 58,625
Current tax receivable 1 166 –7
Cash and cash equivalents 5,898 1,825 93,406
Total current assets 30,295 16,728 152,031
Total assets 1,973,429 1,934,770 2,026,323
Stated capital 611,099 611,099 611,099
Share-based payment reserve8 39,989 39,989 39,989
Accumulated profit 979,861 951,4859 1,012,999
Total equity 1,630,949 1,602,57310 1,664,087
Interest-bearing liabilities11 255,000 300,000 300,000
Deferred tax liabilities 8,396 –12 19,132
Loans payable1314 27,251 25,722 25,722
Total non-current liabilities 290,647 325,722 344,854
Interest-bearing liabilities11 49,417 4,804 5,337
Trade and other payables 2,416 1,67115 11,426
Total current liabilities 51,833 6,47516 17,382
Total liabilities 342,480 332,19717 362,236
Total equity and liabilities 1,973,429 1,934,770 2,026,323
Current tax payable Not reported in this filing18 –19 619
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
  4. Printed “–”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (15)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Non-current.
  2. “Investments held”: mapping to a shared definition is uncertain. Printed 'Investments held' (note 2): investments in portfolio investment companies at fair value through profit or loss.
  3. “Loans receivable” is an issuer-specific line, not mapped to a shared definition: Note 3; non-current.
  4. Printed under different labels across filings: “Loans receivable”; “Loans receivable*”.
  5. “Trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Note 4; non-current.
  6. “Share-based payment reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  7. Annual report dated 2026-05-29 prints 951 388 (thousands, p50) for this line and year.
  8. Annual report dated 2026-05-29 prints 1 602 476 (thousands, p50) for this line and year.
  9. Printed under different labels across filings: “Interest bearing liabilities”; “Interest-bearing liabilities”.
  10. “Loans payable” is an issuer-specific line, not mapped to a shared definition: Note 3; non-current.
  11. Printed under different labels across filings: “Loans payable”; “Loans payable*”.
  12. Annual report dated 2026-05-29 prints 1 768 (thousands, p50) for this line and year.
  13. Annual report dated 2026-05-29 prints 6 572 (thousands, p50) for this line and year.
  14. Annual report dated 2026-05-29 prints 332 294 (thousands, p50) for this line and year.
  15. Not reported in this filing: Not reported: the FY2026 Group statement of financial position (p50, text layer) prints no 'Current tax payable' line; its current liabilities are 'Interest-bearing liabilities' and 'Trade and other payables'.

Cash flow

Cash flow, ZAR thousands. Columns: FY to 28 Feb 2026 — annual report (signed / final), as reported for the year; FY to 28 Feb 2025 — annual report (signed / final), as reported for the year; FY to 29 Feb 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 28 Feb 2026Annual reportreported for the yearFY to 28 Feb 2025Annual reportreported for the yearFY to 29 Feb 2024Annual reportcomparative in FY to 28 Feb 2025 filing
Cash generated from/(used in) operations (6,013) 36,549 (14,386)
Interest income received 196 4,339 –1
Dividend income received2 7,000 6,800 15,750
Finance costs paid3 (29,205) (32,050) –1
Tax paid 64 (1,096) –1
Net cash generated from/(used in) operating activities4 (27,958) 14,542 1,364
Purchases of property, plant and equipment (112) (59) (57)
Proceeds from sale of investments5 518 Not reported in this filing76 Not reported in this filing7
Proceeds from sale of property, plant, and equipment 3 Not reported in this filing86 Not reported in this filing8
Advance of loans by portfolio investment companies9 1,529 Not reported in this filing106 Not reported in this filing10
Advance of loans to portfolio investment companies1112 (55,843) (260,477) (4,241)
Repayment of loans by portfolio investment companies1314 85,936 155,113 127,093
Repayment of loans to portfolio investment companies1516 –17 (700) –17
Net cash generated from/(used in) investing activities18 32,031 (106,123) 120,487
Net cash generated from/(used in) financing activities19 –20 –20 (30,031)
Total cash movement for the period 4,073 (91,581) 91,820
Cash at the beginning of the period 1,825 93,406 1,586
Total cash at the end of the period 5,898 1,825 93,406
Purchase of investments21 Not reported in this filing22 –17 (2,308)
Advance on loan from investee entities23 Not reported in this filing24 –17 –17
Proceeds from interest bearing liabilities Not reported in this filing25 –26 3,450
Repayment of interest bearing liabilities Not reported in this filing25 –26 (33,481)
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  3. Printed “–”, read as nil: subtotal_arithmetic: cf.net_change_in_cash.
  4. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (22)
  1. “Dividend income received” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  2. “Finance costs paid”: mapping to a shared definition is uncertain. Printed 'Finance costs paid' in operating activities.
  3. Printed under different labels across filings: “Net cash generated from/(used in) operating activities”; “operating activities”.
  4. “Proceeds from sale of investments” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2025 printed '–'.
  5. Annual report dated 2026-05-29 presents this line for this year: – (p51). Not shown in this column, which follows one filing's presentation.
  6. Not reported in this filing: Not reported: the FY2025 Group statement of cash flows (p55, text layer) prints no 'Proceeds from sale of investments' line; its investing lines are purchases of property, plant and equipment, 'Purchase of investments', advances of loans to and repayments of loans by and to portfolio investment companies, and 'Advance on loan from investee entities'.
  7. Not reported in this filing: Not reported: the FY2025 Group statement of cash flows (p55, text layer) prints no proceeds-from-sale-of-property-plant-and-equipment line; the only property line is 'Purchases of property, plant and equipment'.
  8. “Advance of loans by portfolio investment companies” is an issuer-specific line, not mapped to a shared definition: Investing activities (inflow); 2025 printed '–'.
  9. Not reported in this filing: Not reported: the FY2025 Group statement of cash flows (p55, text layer) prints no 'Advance of loans by portfolio investment companies' line; it prints 'Advance of loans to portfolio investment companies' and 'Repayment of loans by portfolio investment companies', which are different lines.
  10. “Advance of loans to portfolio investment companies” is an issuer-specific line, not mapped to a shared definition: Note 3; investing activities.
  11. Printed under different labels across filings: “Advance of loans to portfolio investment companies”; “investment companies”.
  12. “Repayment of loans by portfolio investment companies” is an issuer-specific line, not mapped to a shared definition: Note 3; investing activities.
  13. Printed under different labels across filings: “Repayment of loans by portfolio investment companies”; “investment companies”.
  14. “Repayment of loans to portfolio investment companies” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2026 printed '–'.
  15. Printed under different labels across filings: “Repayment of loans to portfolio investment companies”; “investment companies”.
  16. Printed under different labels across filings: “Net cash generated from/(used in) investing activities”; “investing activities”.
  17. Printed under different labels across filings: “Net cash generated from/(used in) financing activities”; “financing activities”.
  18. “Purchase of investments” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2025 printed '–'.
  19. Not reported in this filing: Not reported: the FY2026 Group statement of cash flows (p51, text layer) prints no 'Purchase of investments' line; its investing lines are purchases of property, plant and equipment, 'Proceeds from sale of investments', proceeds from sale of property, plant and equipment, and advances and repayments of loans with portfolio investment companies.
  20. “Advance on loan from investee entities” is an issuer-specific line, not mapped to a shared definition: Investing activities; Group printed '–' both years.
  21. Not reported in this filing: Not reported: the FY2026 Group statement of cash flows (p51, text layer) prints no 'Advance on loan from investee entities' line (investing lines as listed for the statement).
  22. Not reported in this filing: Not reported: the FY2026 Group statement of cash flows (p51, text layer) prints no component lines under 'Cash flows from financing activities'; only 'Net cash generated from/(used in) financing activities' is printed, with dashes in all columns.

Per share and shares

Per share and shares. Columns: FY to 28 Feb 2026 — annual report (signed / final), as reported for the year; FY to 28 Feb 2025 — annual report (signed / final), as reported for the year; FY to 29 Feb 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 28 Feb 2026Annual reportreported for the yearFY to 28 Feb 2025Annual reportreported for the yearFY to 29 Feb 2024Annual reportcomparative in FY to 28 Feb 2025 filing
Earnings / (loss) per share (per share)51 0.16502 (0.3565)3 0.20504
Profit / (loss) attributable to shareholders (ZAR thousands)76 28,473 (61,514) 35,374
  1. Printed as 16.50 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as (35.65) cents; value converted to ZAR at 100 cents = 1 ZAR.
  3. Printed as 20.50 cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (4)
  1. “Basic earnings per share”: mapping to a shared definition is uncertain. Basic EPS (cents, note 13); diluted EPS is printed separately and differs for 2026 (native eps_diluted).
  2. Earnings / (loss) per share: printed as “Basic earnings per share”.
  3. “Owners of the parent”: mapping to a shared definition is uncertain. Printed as the attribution of total comprehensive income to owners of the parent; with no OCI and no non-controlling interest it equals profit for the year.
  4. Profit / (loss) attributable to shareholders: printed as “Owners of the parent”.

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.

No dividend statement or amount collected.

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.

  • Huge Group Limited Integrated Annual Report 2026

    Year ended 28 February 2026 · Annual report · signed / final

    Audit: Moore Johannesburg Inc., unmodified opinion · signed

    Auditor's sign-off: Moore Johannesburg Inc., Per: A Carneiro, Director

    Final status: Independent auditor's report of Moore Johannesburg Inc. to the shareholders of Huge Group Limited (opinion PDF p39) closes on PDF p41 with a handwritten 'Moore Johannesburg Inc.' signature above 'Registered Auditors, Per: A Carneiro, Director, Registered Auditor, 29 May 2026' (page image). Directors' approval of the Annual Financial Statements (PDF p38): approved by the Board on 29 May 2026 and 'signed on its behalf by' James Herbst (Group CEO), Rachelle Douglas (Group Chief Reporting Officer) and Chantal Human (Group CFO); the names are typeset with no visible signatures (page image).

    Document date
    29 May 2026
    Auditor's report
    29 May 2026
    Board approval
    29 May 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 28 Feb 2026
    Basis
    consolidated statements · ZAR thousands (printed “R'000”)
    • Basic EPS 16.50 cents (2025: (35.65)) and diluted EPS 15.18 cents (2025: (35.65)) are printed separately (p50); basic mapped to eps_basic_diluted as ambiguous, diluted to a native per-share concept.
    • The equity section of the statement of financial position has an unlabelled total (1 630 949; 2025: 1 602 476), mapped to total_equity; the statement of changes in equity prints the same figures as 'Total equity' (p51). Cash flows from financing activities are printed as '–' for both years (p51).
    • The statement of comprehensive income prints no revenue, gross profit, operating profit or other comprehensive income lines: income is presented as fair value gains, investment income, net fee income and other income, followed by expenses and 'Profit or (loss) before finance costs and taxation' (mapped to operating_profit as ambiguous). The comprehensive income total is printed on the heading line 'Total comprehensive income or (loss) attributable to:'.
    • EPS and net asset value per share are printed in cents with a decimal point and stored in rand with the printed figure and unit kept (minor_unit).
    Technical details
    File
    80 pages, with a text layer
    SHA-256
    ed9a0781dd530577295bd5e1282958c4d93aa0f878d3bc4d3a8c26827af07d76
    Entity as printed
    Huge Group Limited (the group and company)
    Issuer copy
    retrieved 2026-10-08T18:52:12Z
  • Huge Group Limited Integrated Annual Report 2025

    Year ended 28 February 2025 · Annual report · signed / final

    Audit: Moore Johannesburg Inc., unmodified opinion · signed

    Auditor's sign-off: Moore Johannesburg Inc., Per: A Carneiro, Director

    Final status: Independent auditor's report of Moore Johannesburg Inc. to the shareholders of Huge Group Limited (opinion PDF p42) closes on PDF p44 with a handwritten 'Moore Johannesburg Inc.' signature above 'Registered Auditors, Per: A Carneiro, Director, Registered Auditor, 30 May 2025' (page image). Directors' approval of the Annual Financial Statements (PDF p41): approved by the Board on 30 May 2025 and 'signed on its behalf by' James Herbst (Group CEO) and Tamryn van Tonder (Chief Commercial Officer); the names are typeset with no visible signatures (page image).

    Document date
    30 May 2025
    Auditor's report
    30 May 2025
    Board approval
    30 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 thousands (printed “R'000”)
    • Basic EPS (35.65) cents (2024: 20.50) and diluted EPS (32.80) cents (2024: 18.86) are printed separately (p54); basic mapped to eps_basic_diluted as ambiguous, diluted to a native per-share concept.
    • Labels printed over two lines are matched on their final printed line, which the amounts follow: 'Net gain/(loss) from financial assets at / fair value through profit or loss', 'Reversal/(Provision) for impairment / on financial assets', 'Profit or (loss) before finance costs / and taxation', 'Total comprehensive income or (loss) / attributable to:' (p54); 'Net cash generated from/(used in) / operating|investing|financing activities' and 'Advance of loans to / Repayment of loans by / Repayment of loans to portfolio / investment companies' (p55).
    • The equity section of the statement of financial position has an unlabelled total (1 602 573; 2024: 1 664 087), mapped to total_equity; the statement of changes in equity prints the same balances (p55).
    • The statement of comprehensive income prints no revenue, gross profit, operating profit or other comprehensive income lines: income is presented as fair value gains, investment income, net fee income and other income, followed by expenses and 'Profit or (loss) before finance costs and taxation' (mapped to operating_profit as ambiguous). The comprehensive income total is printed on the heading line 'Total comprehensive income or (loss) attributable to:'.
    • EPS and net asset value per share are printed in cents with a decimal point and stored in rand with the printed figure and unit kept (minor_unit).
    Technical details
    File
    84 pages, with a text layer
    SHA-256
    0fed6cd26d6982ff94029029cd30970133434007cd69bcf665dd7b04523a829b
    Entity as printed
    Huge Group Limited (the Group and Company)
    Issuer copy
    retrieved 2026-10-08T18:52:08Z

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) (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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