Investor Relations
Discover a business built on accountability, shareholder alignment, and a clear strategy for profitable growth.
The Group has delivered improved performance in the first half of the financial year. This reflects stronger operational discipline, focused execution and increasing commercial traction across our core markets. We have seen organic revenue growth over the period, supported by market share growth and a continued focus on cost rationalisation.
Our three-step strategy has repositioned the Group for sustainable growth. The first two stages – cost rationalisation and decentralisation – are now substantially complete and embedded, delivering measurable improvements in efficiency and responsiveness. With this foundation in place, our focus has shifted to resource and capital allocation. Between August 2025 and January 2026, the Group repurchased more than 6.4 million shares for R27 million, while simultaneously strengthening the balance sheet and funding future-focused initiatives.
Operating Profit
R240m
HEPS
28c
Total Revenue
R2.82b
ROE
40%
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.
Strong Financial Returns
Return on equity of 40% with positive free cash flow underpins reinvestment and shareholder returns.
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.
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.
Change to the board of directors
Shareholders are advised that Dennis Venter has resigned as Co-CEO and as a member of the Board of Directors of the Company with immediate effect. Dennis has decided to pursue his other business interests. The Company extends its sincere appreciation to Dennis for his leadership and contribution to the Company during his tenure and wishes Dennis every success in his future endeavours.
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
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.
Change to the board of directors
Shareholders are advised that Dennis Venter has resigned as Co-CEO and as a member of the Board of Directors of the Company with immediate effect. Dennis has decided to pursue his other business interests. The Company extends its sincere appreciation to Dennis for his leadership and contribution to the Company during his tenure and wishes Dennis every success in his future endeavours.
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
Our commitment to Environmental, Social, and Governance (ESG) principles is integrated into our business strategy, driving both efficiency and impact.
Our commitment to the planet is woven into every aspect of our operations. We strive for a greener future through sustainable practices and measurable impact.
- Reduced carbon emissions by 20% through energy efficiency initiatives since 2022.
- Implemented a comprehensive waste reduction and recycling program, diverting 75% of operational waste from landfills.
- Invested in renewable energy sources, powering 40% of our facilities with solar energy.
Carbon Emission Reduction (2022-2024):
Waste Diversion Rate (2023):
Renewable Energy Usage (2024):
We believe in empowering our people and enriching the communities we operate in. Our social initiatives focus on diversity, well-being, and impactful community engagement.
- Increased employee diversity by 15% across all levels through inclusive hiring practices since 2023.
- Launched 5 community engagement programs focused on education and skills development, benefiting over 1000 individuals
- Achieved a 95% employee satisfaction rate with comprehensive health and safety measures and wellness programs.
15% across all levels through inclusive hiring practices since 2023.
5 community engagement programs
95% employee satisfaction rate
Strong governance is the bedrock of our ethical operations. We uphold the highest standards of integrity, transparency, and accountability across all levels of our organization.
- Implemented new board diversity targets, increasing independent director representation by 10%.
- Enhanced transparency in financial reporting with quarterly ESG performance disclosures.
- Achieved 100% employee completion of annual ethics and compliance training.
Director representation by 10%.
100% Enhanced transparency in financial reporting.
100% employee completion of annual ethics
Our commitment to the planet is woven into every aspect of our operations. We strive for a greener future through sustainable practices and measurable impact.
- Reduced carbon emissions by 20% through energy efficiency initiatives since 2022.
- Implemented a comprehensive waste reduction and recycling program, diverting 75% of operational waste from landfills.
- Invested in renewable energy sources, powering 40% of our facilities with solar energy.
We believe in empowering our people and enriching the communities we operate in. Our social initiatives focus on diversity, well-being, and impactful community engagement.
- Increased employee diversity by 15% across all levels through inclusive hiring practices since 2023.
- Launched 5 community engagement programs focused on education and skills development, benefiting over 1000 individuals
- Achieved a 95% employee satisfaction rate with comprehensive health and safety measures and wellness programs.
Strong governance is the bedrock of our ethical operations. We uphold the highest standards of integrity, transparency, and accountability across all levels of our organization.
- Implemented new board diversity targets, increasing independent director representation by 10%.
- Enhanced transparency in financial reporting with quarterly ESG performance disclosures.
- Achieved 100% employee completion of annual ethics and compliance training.
