The Purchasing Power of Your Income

Hi there, 👋🏽

In this edition:

Taking Bytes on the JSE: Bytes revenue up 26%, Nvidia up 24% from last quarter and forecasting next quarter revenue of $11B, compared to the recent $7B.

Santova 101: A list of resources if you are only hearing about Santova now. Take a peek at this logistical powerhouse.

Become a property champion like Manchester City: It’s time for another coaching session this week. Let’s look at your purchasing power in the property game like Manchester City picks a champion-winning team.

In The News This Week 🗞

Local 🇿🇦

Netcare Limited

• Revenue R11.537 billion, +11.9%.

• Operating profit R1.382 billion, +32.5%.

• Group EBITDA +24.0% to R2.0 billion.

• Profit for the period R666 million, +48.7%.

• An interim dividend was declared at 30.0 cents per share.

Famous Brands Limited

• Revenue +15% to R7.4 billion.

• Operating profit +37% to R861 million.

• Dividends per share +82% to 363 cents.

• Headline earnings per share +37% to 488 cents.

Bytes Technology Group

• Revenue +26.5% to GBP 184.4 million.

• Gross margin percentage -3.4% to 70.3%.

• Gross profit +20.7% to GBP129.6 million.

• Operating profit +20.6% to GBP 50.9 million.

• EPS +23.0% to 16.88 pence.

• Final dividend +21.4% to 5.1 pence per share

• Learn more about Bytes and watch our interview with David Shapiro.

The U.S 🇺🇸

Nvidia

• EPS of $1.09 beating expectations of $0.92.

• Revenue of $7.19B beating expectations of $6.5B.

• Nvidia says they expect their Q2 revenue to be $11B, above estimates of $7B.

• Nvidia's CEO has said that Nvidia has revolutionized computers for the first time in 60 years.

Stock Spotlight 🔦

Santova 101

Over the past few weeks, Santova has been covered in our Weekly Update videos, our app and Twitter threads. Here is a list of resources if you’re also interested in Santova.