ADvTECH Limited

Johannesburg Stock Exchange ADH.JO

ADvTECH Limited Gross Profit for the year ending December 31, 2023: USD 176.39 M

ADvTECH Limited Gross Profit is USD 176.39 M for the year ending December 31, 2023, a -7.42% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

ADvTECH Limited Gross Profit for the year ending December 31, 2022 was USD 190.53 M, a -40.79% change year over year.
ADvTECH Limited Gross Profit for the year ending December 31, 2021 was USD 321.76 M, a -2.08% change year over year.
ADvTECH Limited Gross Profit for the year ending December 31, 2020 was USD 328.60 M, a -0.20% change year over year.
ADvTECH Limited Gross Profit for the year ending December 31, 2019 was USD 329.27 M, a 132.26% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Johannesburg Stock Exchange: ADH.JO

ADvTECH Limited

CEO	Mr. D. Lenn Honey B.Com (Hons), MBA
IPO Date	Jan. 4, 2000
Location	South Africa
Headquarters	ADvTECH House
Employees	7,853
Sector	Consumer Discretionary
Industries Education Universities

Description

ADvTECH Limited provides education, training, and staff placement services in South Africa and other African countries. It operates through three divisions: Schools, Tertiary, and Resourcing. The Schools division provides pre-primary, primary, and secondary education services. The Tertiary division offers education in diploma, degree, and postgraduate levels through face-to-face, online, and distance learning. The Resourcing division provides placement solutions in the areas of IT, finance, and engineering. The company was founded in 1978 and is based in Sandton, South Africa.

Key trends

Past 5 years