Prosus has reported significant financial growth over the past year, driven by strong performance in its ecommerce operations across Latin America, Europe, and India. The company achieved a 21% increase in ecommerce revenue, reaching US$6.2 billion. Adjusted EBIT rose twelvefold to US$443 million, surpassing previous guidance.
The food delivery segment saw notable success with iFood’s adjusted EBIT growing by 178%. OLX’s adjusted EBIT increased by 61%, and eMAG reached profitability. Prosus also became free cash flow positive for the first time when excluding Tencent contributions.
CEO Fabricio Bloisi stated: “Prosus is rapidly transforming into an operating technology company, focused on lifestyle ecommerce, and powered by innovation and collaboration.” He highlighted recent acquisitions including Despegar and ongoing integration efforts with Just Eat Takeaway.com to enhance regional ecosystems.
CFO Nico Marais noted: “Prosus has delivered a strong financial performance over the past year, with topline growth in our operating businesses at double the rate of our peers.” He added that the company’s free cash flow improved by US$513 million and announced a proposed dividend increase to €0.20.
In detailed results for FY2025, Prosus recorded consolidated revenues of US$6.2 billion compared to US$5.5 billion in FY2024. Adjusted EBIT rose from negative US$118 million to positive US$179 million year-on-year.
In food delivery, iFood’s revenue grew 30% with core business profitability improving significantly. Delivery Hero reported an increase in GMV by 8% while Swiggy showed substantial growth in Gross Order Value.
The classifieds sector through OLX Group saw an 18% revenue rise driven by motors and real estate sectors. In payments and fintech, PayU experienced strong top-line growth despite competitive pressures.
Etail division eMAG achieved overall profitability for FY25 with revenue up 12%.
These results reflect continued strategic focus on AI-driven innovations across all segments within Prosus’ portfolio as it aims for further expansion and shareholder value creation.
For more details on Prosus’ financial performance visit their website at www.prosus.com.
