Purple Group Interim Results for 2023 are out!

Published on: Apr 24, 2023 8:30:00 AM

Our holding company Purple Group and its brands; GT247.com, EasyEquities, RISE and Emperor Asset Management, have released another set of exciting interim results. 

                                                                              View Purple Group Results 

 

  • Group revenue increased by 6.7% to R146 million.
  • Excellent client retention with active clients increased by 23.8% 
  • Group costs increased by 57.8% to R142 million.
  • Net asset value per share increased by 8.9%

Our CEO, Charles Savage, commented on the company's resource allocation and growth in active customers, highlighting the success of partnerships in improving acquisition rates. Despite growth being under pressure in the current market cycle, the group's response to more evenly allocate resources across all value drivers will ensure the delivery of shareholder expectations in future financial periods.

Shareholders are encouraged to read the group's full interim results. To learn more about the good, the bad, the ugly, the beautiful and amazing of the results, tune in to the CEO's discussion here.


For more information, read this week's Financial Mail and download The Finance Ghost's podcast. You may also check Moneyweb, Biznews and other media covering our results.

Share in the conversation on all of our social media channels. 



 

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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