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UNAUDITED CONDENSED
CONSOLIDATED
(IN BUSINESS RESCUE)
Incorporated in the Republic of South Africa
INTERIM RESULTS
Registration number: 2007/007084/06
JSE share code: ELI • ISIN: ZAE000103081 for the six months ended
(“Ellies” or “the Company”) 31 October 2023
H1 F2024 AT A GLANCE TOTAL COMPREHENSIVE
REVENUE EBITDA LOSS AFTER TAX LOSS
decreased by 30,6% decreased by 72,7% increased by 205,2% increased by 202,6%
to to a loss of to a loss of to a loss of
R353,1 million R51,8 million R106,5 million R106,5 million
(H1 F2023: R508,9 million) (H1 F2023: loss of R30 million) (H1 F2023: loss of R34,9 million) (H1 F2023: loss of R35,2 million)
HEADLINE LOSS PER NET ASSET VALUE PER NET TANGIBLE ASSET
LOSS PER SHARE SHARE SHARE VALUE PER SHARE
increased by 204,8% increased by 189,7% decreased by 159,3% decreased by 159,3%
to a loss of to a headline loss of to a negative equity per to a negative equity per
13,23 cents 13,27 cents share of share of
(H1 F2023: headline loss of 7,3 cents 7,3 cents
(H1 F2023: loss of 4,34 cents) 4,58 cents)
(H1 F2023: 12,3 cents) (H1 F2023: 12,3 cents)
No dividend declared
BUSINESS RESCUE
Ellies Holdings Limited commenced business rescue proceedings on 31 January 2024 and appointed John Evans as its business
rescue practitioner on 1 February 2024. The main operating subsidiary of the Group, Ellies Electronics Proprietary Limited, commenced
business rescue proceedings on 31 January 2024 and appointed John Evans as its business rescue practitioner on 1 February 2024.
SHORT-FORM ANNOUNCEMENT
The contents of the short-form announcement are the responsibility of the Board of Directors of Ellies Holdings Limited. The
information in the short-form announcement is a summary of the full announcement available on the Company’s website on
https://ellies.co.za/Ellies-Interim-Results-31-Oct-2023.pdf and accordingly does not contain full or complete details. The full
announcement is also available on the JSE website at https://senspdf.jse.co.za/documents/2024/JSE/ISSE/ELI/INT2023.pdf.
The information in this announcement has been extracted from the unaudited condensed consolidated financial results, but the short-
form announcement itself has not been reviewed by the Company’s auditors. Any investment decisions by shareholders/investors
should be based on the full announcement released on SENS and published on the Company’s website. The full announcement is also
available at the Company’s registered office (for inspection, at no charge, during office hours on any business day) and at the offices
of the sponsor, Java Capital, from 29 February 2024 to 8 March 2024, both days inclusive. Copies of the full announcement may be
requested by email to investorrelations@ellies.co.za.
29 February 2024
ELLIES HOLDINGS LIMITED
DIRECTORS: Mr Timothy Fearnhead (Chairperson)*, Dr Shaun, Prithivirajh (CEO), Mr Guy Moretti (CFO), Mr Darren Kramer*,
Mr Martin Kuscus*, Mr Edick Lehapa*, Ms Sedzani Mudau*, Mr Francois Olivier* * Independent Non-Executive
PREPARER: Prepared by Mr Jacques Liebenberg BCompt (Hons), AGA(SA), Group Reporting Financial Manager, under the supervision of
Mr Guy Moretti CA(SA), Financial Director and CFO
COMPANY SECRETARY: Acorim (Pty) Ltd
REGISTERED OFFICE: Brooklyn Place, 3 Centex Close, Kramerville, Sandton, 2090 • (PO Box 57076, Springfield, 2137)
GRAPHICULTURE
SPONSOR: Java Capital, 6th Floor, 1 Park Lane, Wierda Valley, Sandown, Sandton, 2196
AUDITORS: RSM South Africa Incorporated
TRANSFER SECRETARIES: Computershare Investor Services (Pty) Ltd
www.elliesholdings.com
