Dutch technology investor Prosus has announced its full-year core headline earnings, reaching $7.4 billion—an increase of 47% compared to the previous year. This substantial growth surpasses the company's financial targets, largely driven by advancements in lifestyle e-commerce. The firm also highlighted a 21% rise in e-commerce revenue, totaling $6.2 billion, fueled by developments in artificial intelligence and innovation. Expanding its footprint across Latin America, Europe, and India, Prosus is transitioning from an investment group into a lifestyle tech powerhouse.

Owned by South African technology investor Naspers, Prosus is undergoing a strategic transformation aimed at enhancing financial performance. Bank of America emphasized this shift as a critical factor that could significantly boost yields and redefine the company's investment proposition. CEO Fabricio Bloisi stated that the acquisition of Just Eat Takeaway.com marks a pivotal milestone, positioning the company as a leading AI-powered tech champion in Europe. This acquisition, valued at 4.1 billion euros, underscores Prosus' commitment to leveraging cutting-edge technology for future growth.

The company’s financial health has shown remarkable improvement, with positive free cash flow recorded for the first time in its history. Excluding dividends from its Tencent holdings, Prosus achieved a positive cash flow of $36 million, up from a negative $235 million in the prior financial year. CFO Nico Marais expressed confidence in sustaining this upward trend, projecting similar incremental adjusted EBIT levels by the fiscal year 2026. Furthermore, Naspers reported a significant 59.4% increase in its full-year core headline earnings, reflecting the overall success of the group’s strategies.

This robust financial performance highlights Prosus' ability to adapt and thrive in the rapidly evolving tech landscape. By focusing on strategic acquisitions and technological innovation, the company is well-positioned to continue delivering strong results. As it solidifies its presence in key global markets, Prosus aims to establish itself as a leader in the lifestyle e-commerce sector while driving sustainable growth for its stakeholders.