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Surprising consumer resilience lifts Transaction Capital headline earnings by 56%

MONEYWEB app instead? Results were boosted by the acquisition of WeBuyCars. 11:43  Open: Image: Moneyweb Transaction Capital’s results provide an interesting view into the state of the economy. The two core traditional parts of the business – SA Taxis and debt recovery – show surprisingly strong results for the six months to March. Core headline earnings came in at R437 million, up 56% from the prior year, making it a compound annual growth rate of 17% over the past seven years. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

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