Net 1 UEPS Technologies Inc. (UEPS, Financial) filed Quarterly Report for the period ended 2012-03-31.
Net 1 Ueps Tech has a market cap of $397.7 million; its shares were traded at around $8.89 with a P/E ratio of 5.5 and P/S ratio of 1.2. Net 1 Ueps Tech had an annual average earning growth of 5.8% over the past 5 years.
Our operating income margin for the year to date fiscal 2012 and 2011 was 22% and 21%, respectively. We discuss the components of the operating income margin under Results of operations by operating segment, however the increase is attributable to lower stock-based compensation charges and the non-cash profit related to the liquidation of SmartSwitch Nigeria of $4.0 million in the year to date fiscal 2012 compared with fiscal 2011 and transaction-related costs during fiscal 2011.
Our operating income margin for the year to date fiscal 2012 and 2011 was 31% and 40%, respectively, and has declined primarily due to SASSA implementation costs and cash bonuses paid and higher low margin prepaid airtime sales and higher intangible asset amortization attributable to the Eason acquisition.
The decrease in revenue and operating income was due to a lower contribution from all contributors to hardware and software sales. The increase in operating margin to 7% compared with an operating loss margin of 13% (before the intangible asset impairment) is attributable to the sale of more software and license revenues in 2012, which contribute higher margins compared to hardware sales.
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Net 1 Ueps Tech has a market cap of $397.7 million; its shares were traded at around $8.89 with a P/E ratio of 5.5 and P/S ratio of 1.2. Net 1 Ueps Tech had an annual average earning growth of 5.8% over the past 5 years.
Highlight of Business Operations:
Our operating income margin for the third quarter of fiscal 2012 and 2011 was 19% and 39%, respectively, and declined primarily due to SASSA implementation costs and cash bonuses paid and the inclusion of increased low-margin prepaid airtime sales as well as Eason intangible asset amortization.Our operating income margin for the year to date fiscal 2012 and 2011 was 22% and 21%, respectively. We discuss the components of the operating income margin under Results of operations by operating segment, however the increase is attributable to lower stock-based compensation charges and the non-cash profit related to the liquidation of SmartSwitch Nigeria of $4.0 million in the year to date fiscal 2012 compared with fiscal 2011 and transaction-related costs during fiscal 2011.
Our operating income margin for the year to date fiscal 2012 and 2011 was 31% and 40%, respectively, and has declined primarily due to SASSA implementation costs and cash bonuses paid and higher low margin prepaid airtime sales and higher intangible asset amortization attributable to the Eason acquisition.
The decrease in revenue and operating income was due to a lower contribution from all contributors to hardware and software sales. The increase in operating margin to 7% compared with an operating loss margin of 13% (before the intangible asset impairment) is attributable to the sale of more software and license revenues in 2012, which contribute higher margins compared to hardware sales.
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