Enhanced Investments - Financial Portal

Unaudited condensed consolidated interim results for the six months ended 30 September 2022

Published: 2022-11-28 08:30:34 ET

Invicta Holdings Limited and its subsidiaries
("Invicta" or "the Company" or "the Group")
(Incorporated in the Republic of South Africa)
Registration number 1966/002182/06
Share code: IVT
ISIN: ZAE000029773
Preference share code: IVTP
ISIN: ZAE000173399

To view the full announcement please visit our website at www.invictaholdings.co.za.

Unaudited condensed consolidated interim results for the six months ended 30 September 2022

                                                                           30 September
FINANCIAL SUMMARY                                                     2022             2021      % Change
Shareholder's Equity                                     R'000   5 044 472        4 665 443           8.1
Revenue                                                  R'000   3 830 652        3 574 242           7.2
Profit for the period from continuing operations         R'000     329 997          276 301          19.4
Profit for the period                                    R'000     329 997          661 631         (50.1)
Basic earnings per share from continuing operations      cents         272              211          28.9
Basic earnings per share                                 cents         272              562         (51.6)
Headline earnings per share from continuing operations   cents         268              176          52.3
Headline earnings per share                              cents         268              188          42.6
Net asset value per ordinary share                       cents       4 101            3 512          16.8
Dividend per share^                                      cents           -                -             -

^ The board intends paying dividends on an annual basis by applying a cover ratio between 2.75 and 3.25 times on
  sustainable earnings. Due to the share repurchase undertaken during the period the Board is not recommending
  a dividend declaration for the interim period.

This short-form announcement is the responsibility of the Directors and is a summary of the information in the full
announcement and does not contain full or complete details. Any investment decisions should be based on the full
announcement that has been published on SENS at https://senspdf.jse.co.za/documents/2022/jse/isse/IVT/Int2022.pdf
and is also available on our website www.invictaholdings.co.za.

Copies of the full announcement may be requested from the company secretary at info@invictaholdings.co.za.

By order of the board

STEVEN JOFFE
Chief Executive Officer

NAZLEE RAJMOHAMED
Group Financial Director

28 November 2022

Invicta Holdings Limited

Registered office:
3 Droste Cresent, Droste Park,
Johannesburg, Gauteng, 2094

Directors:
Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard, GM Pelser, N Rajmohamed, LR Sherrell*, AM Sinclair,
RA Wally^, Adv JD Wiese*, PM Makwana^, I Van Heerden*, F Davidson^
* Non-executive   ^ Independent non-executive

Transfer secretaries:
Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196

Sponsor:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.