New Risk • Jul 02
New major risk - Revenue and earnings growth Earnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 21% per year over the past 5 years. Minor Risk Market cap is less than US$100m (R1.23b market cap, or US$75.5m). New Risk • Jun 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (R1.22b market cap, or US$73.9m). Board Change • Jun 09
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Zak van de Merwe was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Zak van de Merwe was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Dec 09
Paratus Namibia Holdings Limited, Annual General Meeting, Jan 23, 2025 Paratus Namibia Holdings Limited, Annual General Meeting, Jan 23, 2025. Location: paratus namibia headquarters, 106 nickel street, prosperita, windhoek., Namibia Board Change • Oct 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 22
Full year 2024 earnings released Full year 2024 results: Revenue: N$568.9m (up 21% from FY 2023). Net income: N$26.9m (up 43% from FY 2023). Profit margin: 4.7% (up from 4.0% in FY 2023). The increase in margin was driven by higher revenue. Annonce • Sep 19
Paratus Namibia Holdings Limited Appoints Izak Dirk Johannes van de Merwe as a Non-Executive Director Paratus Namibia Holdings Limited announced the appointment of Mr. Izak Dirk Johannes van de Merwe as a non-executive director of PNH with effect from 17 September 2024. Mr. van de Merwe has also been appointed as a member of the Investment Committee; Remuneration and Nominations Committee; Environmental, Social and Governance Committee of PNH. Mr. van de Merwe held numerous senior executive positions in the telecommunications sector. Annonce • Sep 17
Paratus Namibia Holdings Limited to Report Fiscal Year 2024 Results on Sep 20, 2024 Paratus Namibia Holdings Limited announced that they will report fiscal year 2024 results on Sep 20, 2024 Annonce • May 17
Paratus Namibia Holdings Limited has completed a Follow-on Equity Offering in the amount of NAD 602.217804 million. Paratus Namibia Holdings Limited has completed a Follow-on Equity Offering in the amount of NAD 602.217804 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 50,184,817
Price\Range: NAD 12
Transaction Features: Rights Offering Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 12
First half 2024 earnings released: EPS: N$0.38 (vs N$0.27 in 1H 2023) First half 2024 results: EPS: N$0.38 (up from N$0.27 in 1H 2023). Revenue: N$281.1m (up 26% from 1H 2023). Net income: N$18.4m (up 40% from 1H 2023). Profit margin: 6.6% (up from 5.9% in 1H 2023). The increase in margin was driven by higher revenue. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 16
Full year 2023 earnings released: EPS: N$0.39 (vs N$0.44 in FY 2022) Full year 2023 results: EPS: N$0.39 (down from N$0.44 in FY 2022). Revenue: N$471.9m (up 17% from FY 2022). Net income: N$18.8m (down 12% from FY 2022). Profit margin: 4.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 30
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (R620.7m market cap, or US$32.8m). Board Change • Sep 29
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Sep 16
Paratus Namibia Holdings Limited Provides Earnings Guidance for the Period Ended 30 June 2023 Paratus Namibia Holdings Limited provided earnings guidance for the period ended 30 June 2023. For the period, Revenue for the period is anticipated to be materially higher (between 10% and 30%) in relation to the 30 June 2022 comparative period; Headline earnings per ordinary share (HEPS) are anticipated to be materially lower(between 10% and 30%) in relation to the 30 June 2022 comparative period; and Basic earnings per ordinary share (BEPS) for the period are anticipated to be materially lower (between 10% and 30%) in relation to the 30 June 2022 comparative period. Board Change • Sep 07
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 08
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Chairperson Habo Gerdes was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jun 24
Paratus Namibia Holdings Limited Announces Change to the Board of Directors and Board Committees The board of directors advised shareholders that with effect from 13 June 2023, the following changes have been made to the board of directors: Mr. Gert Pieter Johannes Duvenhage has been appointed as an alternate director to Mr. Andrew Hall. Mr. Duvenhage has over 30 years of experience in the telecommunications industry. He is the Group Chief Operations Officer of Paratus Group Holdings Limited wherein he leads the operational decisions in Namibia and across all English-speaking countries where the company operates. Mr. Duvenhage's mission is to smooth the way for the company to transform Africa through exceptional digital infrastructure and customer service. Change in composition of the Board Committees: Investment Committee: Mr. Reagon Rupert Graig has been appointed to the Investment Committee. The Investment Committee now comprises Mr. Reagon Graig, Mr. Morné Romé Mostert and Mr. Heinrich Jansen van Vuuren the Chairperson. Environment Social and Governance Committee (ESG Committee): Mr. Andrew Hall has been appointed to the Environment, Social and Governance Committee. Following Mr. Hall's appointment to the ESG Committee, Ms. Anél Stegmann has stepped down as a member of the ESG Committee. The ESG Committee now comprises Mr. Andrew Hall, Mr. Romé Mostert,and Mr.Reagon Graig the Chairperson. Board Change • Jun 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 12
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 12
Upcoming dividend of N$0.10 per share at 1.6% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Namibian dividend payers (12%). Lower than average of industry peers (5.5%). Board Change • Mar 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Nov 22
Group CEO & Executive Director recently bought R130k worth of stock On the 16th of November, Schalk van Zyl Erasmus bought around 10k shares on-market at roughly R13.01 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Schalk's only on-market trade for the last 12 months. Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 29
Full year 2022 earnings released Full year 2022 results: Revenue: N$396.6m (up 17% from FY 2021). Net income: N$25.3m (down 13% from FY 2021). Profit margin: 6.4% (down from 8.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Sep 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down N$12.4m from profit in 1H 2021). Profit margin: (down from 7.2% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 3.4% growth forecast for the industry in Africa. Board Change • Mar 08
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
Full year 2021 earnings released: EPS N$0.60 (vs N$0.54 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: N$340.6m (up 162% from FY 2020). Net income: N$28.9m (up 52% from FY 2020). Profit margin: 8.5% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Josephine Naango Shikongo was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 19
Upcoming dividend of N$0.10 per share Eligible shareholders must have bought the stock before 26 April 2021. Payment date: 14 May 2021. Trailing yield: 1.7%. Lower than top quartile of Namibian dividend payers (7.5%). Lower than average of industry peers (5.2%). Is New 90 Day High Low • Mar 16
New 90-day high: R11.85 The company is up 3.0% from a price of R11.49 on 15 December 2020. Outperformed the Namibian market which is down 8.0% over the last 90 days. Lagged the Wireless Telecom industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 26
New 90-day high: R11.75 The company is up 4.0% from its price of R11.25 on 28 October 2020. The Namibian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Wireless Telecom industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 14
New 90-day high: R11.50 The company is up 5.0% from its price of R10.95 on 14 August 2020. The Namibian market is down 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Wireless Telecom industry, which is up 7.0% over the same period. Is New 90 Day High Low • Oct 14
New 90-day high: R11.25 The company is up 3.0% from its price of R10.95 on 16 July 2020. The Namibian market is down 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Wireless Telecom industry, which is up 7.0% over the same period.