Page 172 - 2021 Issue 2

JSE – MOT Profile’s Stock Exchange Handbook: 2021 – Issue 2
D:E 0.72 0.96 0.82 0.81
Motus Holdings Ltd. Int Cover 4.80 1.47 4.34 5.30
MOT Current Ratio 1.29 1.54 1.41 1.16
ISIN: ZAE000261913 Div Cover 3.17 - 1.94 -
SHORT: MOTUS
CODE: MTH NUMBER OF EMPLOYEES: +16 000
REG NO: 2017/451730/06 DIRECTORS: Dempster G W (Chair, ind ne),
FOUNDED: 2017 Tugendhaft A (Dep Chair, ne),
LISTED: 2018 Arbee O S (CEO),
Janse van Rensburg O J (CFO),
NATURE OF BUSINESS: Cassel K A (Executive), CrousePJS(ind ne),
Mayet S (ind ne), MolokoKR(ind ne),
Motus Holdings Ltd. (“Motus”) is a South African-based NjekeMJN(ind ne), Radebe B (ind ne)
holding company with a selected international presence POSTAL ADDRESS:POBox1719, Edenvale,1610
primarily in the United Kingdom (“UK”) and Australia, as Scan the QR code to EMAIL: MotusIR@motuscorp.co.za
well as a limited presence in South East Asia and Southern and visit our website WEBSITE: www.motus.co.za
East Africa. Through its subsidiaries and associates, it TELEPHONE: 010-493-4335
operates as a diversified (non-manufacturing) business in the COMPANY SECRETARY: Ntando Simelane
automotive sector. Motus participates in the entire automo- TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
tive value chain through its four business segments namely: SPONSOR: Merchantec Capital
AUDITORS: Deloitte & Touche
Import and Distribution, Retail and Rental, Financial Services BANKERS: First National Bank Ltd., Nedbank Ltd., The Standard Bank of
and Aftermarket Parts. South Africa Ltd.
The activities of Motus’ business segments are described
below: CALENDAR Expected Status
*Import and Distribution: Importer and distributor of Next Final Results 31 Aug 2021 Confirmed
passenger, light commercial vehicles and parts to serve a Annual General Meeting Nov 2021 Unconfirmed
network of dealerships, car rental companies, fleets and gov- Next Interim Results Feb 2022 Unconfirmed
ernment institutions in South Africa.
*Retail and Rental: Retailer of new and pre-owned passenger CAPITAL STRUCTURE AUTHORISED ISSUED
and commercial vehicles across all segments in South Africa MTH Ords no par val 394 999 000 191 202 392
and the UK, and passenger vehicles in Australia. Servicing and DISTRIBUTIONS [ZARc]
maintenance of vehicles. Rental of passenger and light com- Ords no par val Ldt Pay Amt
mercial vehicles. Interim No 3 23 Mar 21 29 Mar 21 160.00
*Financial Services: Manager and administrator of service, Final No 2 17 Sep 19 23 Sep 19 250.00
maintenance and warranty plans. Develop and sell Interim No 1 18 Mar 19 25 Mar 19 240.00
value-added products and services. Provider of fleet manage- LIQUIDITY: Mar21 Ave 4m shares p.w., R180.4m(95.4% p.a.)
ment services. Provider of business process outsourcing ALSH 40 Week MA MOTUS
through sophisticated technology and call centre capabilities.
11724
Operate an innovation hub.
*Aftermarket Parts: Distributor, wholesaler and retailer of ac- 9924
cessories and parts for out-of-warranty vehicles through retail
and franchised stores, and specialised workshops supported 8125
by distribution centres in South Africa, Taiwan and China. 6326
SECTOR: ConsDisr—Retail—Retailers—SpecialityRetaillers 4526
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2020
Public Investment Corporation 12.05% 2727
M&G Investment Management (UK) 8.74% 2019 | 2020 |
Ukhamba Holdings (Pty) Ltd. (SA) 8.42% Recent Announcements
FINANCIAL STATISTICS Tuesday, 09 March 2021: Management announced that Motus has
(Amts in ZAR'000) Dec 20 Jun 20 Jun 19 Jun 18
Interim Final Final Final (P) acquired a 49% shareholding in Synapt (Pty) Ltd. which owns
Turnover 44 343 000 73 417 000 79 711 000 77 001 000 100% of GetWorth.
Op Inc 1 724 000 2 136 000 3 620 000 3 593 000 About GetWorth
NetIntPd(Rcvd) 332 000 1 116 000 774 000 737 000 Launched in 2017, GetWorth is a technology and on-line
Tax 359 000 356 000 714 000 897 000 pre-owned vehicle business that uses proprietary and patented
Minority Int - - 121 000 28 000 - 33 000
Att Inc 928 000 306 000 1 868 000 2 346 000 technology, and products to assist customers to buy right and sell
TotCompIncLoss - 339 000 1 426 000 1 680 000 2 544 000 smart. GetWorth uses Artificial Intelligence (AI) and smart
Hline Erngs-CO 963 000 550 000 1 977 000 1 991 000 products to drive customer offerings. These, coupled with a profes-
Fixed Ass 7 432 000 7 625 000 7 023 000 6 786 000 sional service and one touch customer technology, gives the
Inv in Assoc 250 000 232 000 258 000 348 000 business a unique value proposition. The business has registered
Inv & Loans 513 000 504 000 684 000 653 000 patents in South Africa and is awaiting registration overseas.
Def Tax Asset 1 347 000 1 302 000 1 048 000 782 000 Business rationale for the acquisition
Tot Curr Ass 25 455 000 30 065 000 28 586 000 26 917 000 The acquisition underpins Motus’ intention to support its new
Ord SH Int 12 139 000 12 508 000 11 875 000 11 640 000
Minority Int - 86 000 - 56 000 - 37 000 4 000 and pre-owned vehicle retail businesses utilising technology.
LT Liab 6 987 000 11 674 000 6 716 000 1 914 000 Through this investment and innovation, Motus aims to
Tot Curr Liab 19 794 000 19 552 000 20 318 000 23 158 000 empower its customers and dealer group alike.
PER SHARE STATISTICS (cents per share) Motus will deploy the innovative vehicle buying and selling
EPS (ZARc) 507.00 165.00 953.00 1 162.00 processes which were developed by GetWorth. By matching the
HEPS-C (ZARc) 526.00 296.00 1 009.00 986.00 scaleofthetrusted and established Motus dealer network with the
Pct chng p.a. 255.4 - 70.7 2.3 - GetWorth innovative processes and systems, this will expedite
DPS (ZARc) 160.00 - 490.00 - andimprovethesellingandbuyingexperienceforthecustomers.
Pct chng p.a. - - 100.0 - - The GetWorth’s business model will enable Motus to fast-track
NAV PS (ZARc) 6 526.00 6 653.00 6 185.00 5 762.00
Price High 6 214 8 598 10 238 - its positioning in on-line vehicle buying and warehouse
Price Low 2 514 2 300 7 152 - retailing, resulting in increased vehicle sales.
Price Prd End 5 600 3 062 7 312 - Motus interim results December 2020 - Tuesday, 23 February 2021:
RATIOS Revenue for the interim period was higher at R44.3 billion
Ret on SH Fnd 15.40 1.49 16.02 19.86 (R42.0 billion).
Ret On Tot Ass 7.61 2.48 7.64 8.16
Oper Pft Mgn 3.89 2.91 4.54 4.67
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