Simbisa profit jumps 78% on cost discipline

Simbisa Brands Limited just dropped a jaw-dropping 78.34% surge in profit after tax, hitting US$15.84 million in the six months ending December 31, 2025. All thanks to keeping costs in check and a solid revenue spike.

Financial results
  • Simbisa’s profit skyrocketed to US$15.84M, compared to US$8.88M last year.
  • The company pulled in US$182.75M in revenue, up from US$157.47M.
  • Revenue grew by 16%, largely fueled by a 10% customer volume bump and 6% higher average spending.
  • Operating profit shot up by 27%, even with heavy promos and Zimbabwe's fast-food tax.
Expansion efforts
  • The company added 14 new stores between December 31, 2024, and 2025.
  • 21 stores got a major facelift during the same time frame.
  • Temporary food trucks were used during store renovations to keep sales flowing.
Zimbabwe market dominance
  • Zimbabwe made up 70% of Simbisa’s operations.
  • Revenue here grew 19%, with customer numbers hitting 27.2 million.
  • The company made gains through better service, pricing, and a bigger delivery presence.
  • Delivery orders exploded by 74%, helping drive a 9% increase in average spend.
Financial health
  • Cash from operations surged 24.4% to US$36.5 million.
  • Total assets grew by 10.22%, reaching US$227.69 million.
  • However, the current ratio sat at a low 0.74, showing short-term liquidity struggles.
  • Trade payables shot up from US$43.35M to US$57.11M, but that’s typical for cash-heavy quick-service businesses.
 

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