2021 Annual Results Presentation

Johannesburg, 28 September 2021 – JSE-listed Adapt IT, which provides specialised software and digitally-led business solutions to over 10,000 customers in 55 countries in the Education, Manufacturing, Financial Services, Energy, Communications and Hospitality sectors, today announced results for the financial year ended 30 June 2021.

Results Coverage

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BizNews - 29 September 2021

A change of leadership and the Volaris takeover – Adapt IT CEO Tiffany Dunsdon.

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Business Day TV - 28 September 2021

Adapt IT had a tough year. The software services group has posted a 1% rise in annual revenue, as the impact of Covid-19 regulations weighed on its performance. Alishia Seckam spoke to CEO Tiffany Dunsdon for her perspective on the results.

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Moneyweb - 10 March 2021

Adapt IT CEO Sbu Shabalala on decent interim results as annuity income grows.

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CNBC Africa - 9 March 2021

Adapt IT has recorded a jump in headline earnings by 44 per cent but saw a slight dip of 2 per cent in revenue, citing weaker trading conditions due to Covid-19.

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Interim Results: Business Day - 29 January 2019

Adapt IT announces its Interim Results with EBITDA from continuing operations up 10%.

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Interim Results: CNBC Africa - 29 January 2019

Adapt IT announces a 4% increase in turnover for H1 from continuing operations.

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Wisenet Acquisition: CNBC Africa - 16 January 2019

Adapt IT acquires Wisenet and expands its footprint in the Australasian education sector. The purchase consideration for the Acquisition is SGD$5.2 million.

Adapt IT acquires Conor Group

Conor Acquisition: Business Day - 5 November 2018

Adapt IT announces the acquisition of the Conor Group in a transaction worth R80 million to strengthen the Adapt IT Telecoms solutions division.

18 August 2016

Financial Results: CNBC Africa - 18 August 2016

Adapt IT today announced its financial results for the year ended 30th June, 2016. The company continues to deliver value and growth substantially above the average for the sector, and reported an increase in of 36% in headline earnings per share.

17 August 2015

Financial Results: CNBC Africa - 17 August 2015

Three years ago the share price was hovering at R1, now it is hovering at R10. CNBC Africa examines this ten bagger share – Adapt IT after it delivered another year of strong results to 30 June 2015.