Top South Africa tech investor says it is no longer just a Tencent story
- Prosus has achieved profitability across all its operating ecosystems.
- The company generated $7.3 billion in revenue and $1.1 billion in EBITDA for the fiscal year ending March 31, 2026.
- Core headline earnings per share are projected to increase by 19% to 28%.
The shift in Prosus's business model towards profitability and independence from Tencent is a promising development that could attract more investors. However, the company still faces challenges in fully distancing itself from Tencent's influence, and its future growth will depend on sustaining profitability across its diverse portfolio.
