Letshego Africa Holdings Limited (LETSHEGO), a pan-African microfinance and consumer lending group headquartered in Gaborone, has issued a cautionary announcement signaling a significant jump in its earnings for the financial year ended 30 June 2025.
According to a cautionary statement released by the company, Letshego’s Group Profit Before Tax (PBT) is expected to rise by between 105% and 125%, compared to the same period lrast year. This represents a projected PBT increase of between P196 million and P233 million, up from P186 million recorded in the unaudited financial results for the year ended 30 June 2024.
Even more striking is the anticipated rise in Profit After Tax, which the company estimates will increase by between 910% and 930%, reaching between P162 million and P165 million, compared to P17.8 million in the previous year.
The company attributes this update to compliance with Section 5.4(c) of the Botswana Stock Exchange (BSE) Listing Requirements, which mandates listed entities to publish a cautionary announcement if their expected results will differ by at least 10% from the previous comparable period.
Letshego’s announcement indicates the figures are based on unaudited financial statements, with full half-year results scheduled for release on or before August 31, 2025.
“The Board of Letshego Africa Holdings Limited advises shareholders and stakeholders to exercise caution when dealing in the Company’s securities until the publication of the unaudited financial statements,” reads the announcement signed by Board Chairman Christopher Mokgware and Interim Group CEO Brighton Banda.
