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Labrish
Nyuuz
Simbisa profit jumps 78% on cost discipline
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[QUOTE="Queen, post: 87324, member: 27"] 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 [LIST] [*]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. [/LIST] Expansion efforts [LIST] [*]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. [/LIST] Zimbabwe market dominance [LIST] [*]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. [/LIST] Financial health [LIST] [*]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. [/LIST] [/QUOTE]
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Labrish
Nyuuz
Simbisa profit jumps 78% on cost discipline
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