Investor Relations
Discover a business built on accountability, shareholder alignment, and a clear strategy for profitable growth.
We are growing. In FY2026 revenue grew organically for the first time in several years, and earnings grew materially faster: adjusted EBITDA up 21% to R624 million, operating profit up 15% to R483 million, profit after tax up 39% to R357 million, and headline earnings per share up 42%, from 40 cents to 57 cents. Return on equity was 35%.
Earnings growth materially ahead of revenue growth is what scalability looks like in a services group. It reflects improving operational leverage, stronger execution and higher productivity from the capital employed in the business, and it is the base we scale from.
Results are reported across three segments: IT Services, Operational Technology and International. Since 1 August 2026 we have operated as twelve specialist divisions reporting into those segments, each with its own managing director, its own profit and loss and its own market identity.
Cost rationalisation and decentralisation are complete and embedded. Decision-making sits closer to clients and markets, and each division carries the consequence of its own decisions.
Our focus has moved to capital allocation: deploying capital where it earns the highest long-term returns, and backing leaders who build resilient, cash-generative businesses.
Operating Profit
R483m
HEPS
57c
Total Revenue
R5 753m
ROE
35%
Integrated annual reports
Interim financial statements
Interim financial statements
Interim financial statements
Integrated annual reports
- 2022 Consolidated Results (31 July 2022)
- 2021 Consolidated Results (31 July 2021)
- 2020 Consolidated Results (31 July 2020)
- 2019 Consolidated Results (31 July 2019)
- 2018 Consolidated Results (31 July 2018)
- 2017 Consolidated Results (31 July 2017)
- 2016 Consolidated Results (31 July 2016)
- 2015 Consolidated Results (31 July 2015)
- 2014 Consolidated Results (31 July 2014)
Interim financial statements
- 2022 Half Year Results (31 January 2022)
- 2021 Half Year Results (31 January 2021)
- 2020 Half Year Results (31 January 2020)
- 2019 Half Year Results (31 January 2019)
- 2018 Half Year Results (31 January 2018)
- 2017 Half Year Results (31 January 2017)
- 2016 Half Year Results (31 January 2016)
- 2015 Half Year Results (31 January 2015)
- 2014 Half Year Results (31 January 2014)
Profitable Growth Platform
We leverage automation, AI, and cloud solutions to drive organic expansion and innovation, building a highly profitable and cash-generative business.
Global Scale & Reach
Our team of 4,000 experts serves over 4,000 customers across South Africa, EMEA, and the UK, providing market breadth, resilience, and extensive reach.
Superior Financial Returns
Return on equity of 40% with positive free cash flow underpins reinvestment and shareholder returns.
Disciplined Capital Management
Gearing at 1.2× EBITDA and a management team incentivised in line with shareholders.
Our new leadership team is owner-led, accountable, and fully aligned with shareholder interests. The Joint CEOs are incentivised solely on share price growth, not salaries, ensuring a sharp focus on long-term value creation.
Results announcement: Audited financial results for the year ended 31 July 2026 and guidance for FY27
The directors are responsible for the preparation and fair presentation of the financial statements of iOCO Limited (formerly EOH Holdings Limited) (iOCO or the Company) and its subsidiaries (together the Group), comprising the consolidated and separate statements of financial position at 31 July 2026.
Unaudited interim condensed consolidated financial results for the six months ended 31 January 2026 and updated guidance for FY2026
Salient financial features
- Earnings per share (“EPS”) and headline earnings per share (“HEPS”) improved by 47.4% to 28 cents (HY2025: 19 cents).
- Profit after tax increased by 46% to R180 million (HY2025: R123 million).
- Return on equity has been sustainably maintained at above 40% over the past two years.
Change to the social and ethics committee
Shareholders are advised that Ashona Kooblall has been appointed as a member of the social and ethics committee with effect from 4 March 2026. Following this change, the social and ethics committee will comprise the following members: Lerato Pule (Chairperson), Jabu Moleketi, Ashona Kooblall.
IOCO trading statement and voluntary announcement: general repurchase of shares
iOCO is pleased to provide a trading update for the six months ended 31 January 2026. Earnings per share and headline earnings per share are expected to be between 27 cents and 30 cents, an increase of between 42% to 58% over the earnings and headline earnings per share of 19 cents for the comparable six months ended 31 January 2025.
iOCO Technology Group Strengthens Public Sector Leadership with Appointment of Ntutule Tshenye
OCO Technology Group, a leading end-to-end digital transformation specialist, is pleased to announce the appointment of Ntutule Tshenye as Business Executive: Public Sector. In this role, Ntutule will report to Co-CEO: Dennis Venter and Chief Executive: Intelligent Technology Solutions, Conrad Blignaut.
iOCO continues its strong growth trajectory, and delivers a 159.3% increase in EBITDA
iOCO Limited (formerly EOH Holdings Limited) today announced its interim financial results for the six months ended 31 January 2025 (“HY2025”), marking a significant milestone in its turnaround strategy. The company has delivered its first profitable interim period in three years, driven by disciplined execution, strategic cost management, and a streamlined operating structure, which is yielding clear benefits.
iOCO Group announces leadership transition, strong financial performance, and plans for growth
The iOCO Group Board of Directors today announced a leadership transition to usher in a new era of innovation and growth. Marius de la Rey, who has served as Interim CEO since May 2024, will step down this month.
Letter from iOCO Ltd Joint CEOs – 13 February 2025
When Dennis and I joined the Board of iOCO (then EOH) in May 2024, we found a business with much potential, but without the necessary focus to deliver value for all stakeholders. From day 1, we began to implement the following 3-phase strategy to place iOCO onto a sustainable path for the benefit of customers, employees and shareholders
Results announcement: Audited financial results for the year ended 31 July 2026 and guidance for FY27
The directors are responsible for the preparation and fair presentation of the financial statements of iOCO Limited (formerly EOH Holdings Limited) (iOCO or the Company) and its subsidiaries (together the Group), comprising the consolidated and separate statements of financial position at 31 July 2026,
Unaudited interim condensed consolidated financial results for the six months ended 31 January 2026 and updated guidance for FY2026
Salient financial features
- Earnings per share (“EPS”) and headline earnings per share (“HEPS”) improved by 47.4% to 28 cents (HY2025: 19 cents).
- Profit after tax increased by 46% to R180 million (HY2025: R123 million).
- Return on equity has been sustainably maintained at above 40% over the past two years.
Change to the social and ethics committee
Shareholders are advised that Ashona Kooblall has been appointed as a member of the social and ethics committee with effect from 4 March 2026. Following this change, the social and ethics committee will comprise the following members: Lerato Pule (Chairperson), Jabu Moleketi, Ashona Kooblall.
IOCO trading statement and voluntary announcement: general repurchase of shares
iOCO is pleased to provide a trading update for the six months ended 31 January 2026. Earnings per share and headline earnings per share are expected to be between 27 cents and 30 cents, an increase of between 42% to 58% over the earnings and headline earnings per share of 19 cents for the comparable six months ended 31 January 2025.
iOCO Technology Group Strengthens Public Sector Leadership with Appointment of Ntutule Tshenye
OCO Technology Group, a leading end-to-end digital transformation specialist, is pleased to announce the appointment of Ntutule Tshenye as Business Executive: Public Sector. In this role, Ntutule will report to Co-CEO: Dennis Venter and Chief Executive: Intelligent Technology Solutions, Conrad Blignaut.
iOCO continues its strong growth trajectory, and delivers a 159.3% increase in EBITDA
iOCO Limited (formerly EOH Holdings Limited) today announced its interim financial results for the six months ended 31 January 2025 (“HY2025”), marking a significant milestone in its turnaround strategy. The company has delivered its first profitable interim period in three years, driven by disciplined execution, strategic cost management, and a streamlined operating structure, which is yielding clear benefits.
iOCO Group announces leadership transition, strong financial performance, and plans for growth
The iOCO Group Board of Directors today announced a leadership transition to usher in a new era of innovation and growth. Marius de la Rey, who has served as Interim CEO since May 2024, will step down this month.
Letter from iOCO Ltd Joint CEOs – 13 February 2025
When Dennis and I joined the Board of iOCO (then EOH) in May 2024, we found a business with much potential, but without the necessary focus to deliver value for all stakeholders. From day 1, we began to implement the following 3-phase strategy to place iOCO onto a sustainable path for the benefit of customers, employees and shareholders
iOCO considers impact not only through the value it creates, but also through the value it preserves and the risks that may erode value over time. This provides a more balanced view of how the Group contributes to its people, clients, society and the economy while managing the environmental, social and governance factors that influence long-term performance.
Value Created
@iOCO
Value is created by providing opportunities for people to access learning, develop skills, participate meaningfully in the workplace and progress through their careers.
For Our Clients
iOCO creates value through technology, expertise and solutions that help organisations improve access,
productivity, resilience and their ability to respond to changing business and technology requirements.
For Society & the Economy
Value extends beyond the organisation through skills development, employment pathways, enterprise development, digital access and solutions that support
stronger communities, public services and economic participation.
Value Preserved
Trusted Relationships & Systems
iOCO seeks to preserve value by strengthening the governance, security and resilience of the systems, information and relationships on which its people and
clients depend.
People & Organisational Capability
Investment in employee wellbeing, learning, inclusion and development helps preserve skills, institutional capability and the conditions required for people to contribute over time.
Resources & Environmental Performance
Improved measurement and management of energy, emissions, water, waste and technology assets support more informed environmental decision-making and responsible resource use.
Value Protected
Governance Measurement
Cybersecurity, data protection and responsible technology governance protect the digital environments, information and systems on which iOCO and its clients depend.
Business Resilience
Risk management, operational controls and resilient technology help protect continuity and support organisations through changing operating conditions.
Responsible Growth
Environmental management, ethical business practices and stronger sustainability measurement help ensure that growth is pursued with consideration for its longer-term impacts.
