Page 10 - demo Golden pond document

A2pay investment proposal 9

5. Financial Highlights

Golden Pond Group

Financial Highlights

Earnings before depreciation, interest and tax (EBDIT)

19 mths Year Year
to Mar 2021 to Mar 2022 to Mar 2023

A2Pay R 7 800 000.00 R 22 400 000.00 R 30 000 500.00
Bulk ordering / wholesale potential R 15 000 000.00
R 45 000 500.00

A2Pay Financial Services R 7 755 000.00 R 14 600 000.00 R 16 000 000.00

PMI R 1 433 885.90 R 5 331 700.00 R 10 210 250.00
50% R 716 942.95 R 2 665 850.00 R 5 105 125.00

Total R 16 271 942.95 R 39 665 850.00 R 66 105 625.00

Bank balances:
A2Pay R 48 000 000.00 R 81 000 000.00 R 95 000 000.00

Summary:

Golden Pond can look forward to earnings before depreciation, interest and tax in the vicinity of R66
million in 2023 and A2Pay’s earnings of R45 million on the same basis.

Further growth beyond 2023 is expected. It is also possible that the Jobs Fund will support additional
rollouts and 10,000 stores by 2025 is achievable.

Financial highlights of the various business units follow.