ISA headline earnings rise 24% as DataProof sale lifts reported profit
The unaudited interim results separate a disposal-driven profit jump from headline earnings growth. No interim dividend was declared.
ISA Holdings reported a 24% rise in headline earnings per share for the six months ended 31 August 2026, while the sale of its DataProof investment helped lift attributable profit by 139%.
The company's SENS announcement, released on 13 November, records headline earnings per share of 11.6c, against 9.4c a year earlier. Earnings per share reached 22.4c.
Disposal gain changes the picture
Attributable profit rose to R34.988 million from R14.644 million. The headline earnings reconciliation deducts a R30.213 million disposal gain and adds back a R13.392 million tax effect, leaving R18.167 million. The gain is not the same as sale proceeds.
Turnover increased 35% to R92.546 million from R68.804 million. Management attributes much of that growth to sizeable contracts completed during the period.
Board holds back interim dividend
No interim dividend was declared while the board considers capital allocation options.
The figures are unaudited. This report uses the abbreviated announcement; the linked full financial statements were not inspected.
Contextual archive photograph of a keyboard and desk, 7 February 2017, not an ISA office or its financial records. Photo: LUM3N / Pixabay via Wikimedia Commons, CC0 1.0. Source: https://commons.wikimedia.org/wiki/File:Workplace-2303851_1920.jpg . Licence: https://creativecommons.org/publicdomain/zero/1.0/ . Cropped and resized for display.