Prosus targets 12.5 billion revenue by 2028, doubling from 6.2 billion in FY2025, driven by aggressive e-commerce expansion and global digital investments.
E-commerce EBITDA to hit 1.2 billion, as Prosus prioritizes profitable growth across fintech, ed-tech, and food delivery segments.
Tencent dividends to rise 24, boosting earnings, underscores long-term tech investment strategy.
Prosus N.V., the global internet group chaired by South African billionaire Koos Bekker, is aiming to double its revenue within the next three years. The companys CEO, Fabricio Bloisi, announced this ambitious growth plan during Prosuss Capital Markets Day on Wednesday.
E-commerce growth drives revenue ambitionsProsus expects to increase its annual revenue from 6.2 billion for the fiscal year ended March 2025 to 12.5 billion by 2028. This growth will be largely driven by expanding its e-commerce platforms, where the company targets revenues of 7.3 billion to 7.5 billion by 2026.
The firm also plans to boost its e-commerce adjusted EBITDA earnings before interest, tax, depreciation, and amortization to between 1.1 billion and 1.2 billion, reflecting a sharper focus on profitability alongside growth.
Strong earnings and dividend growth outlookIn its 2025 financial year, Prosus reported a 47.3 percent jump in annual earnings to 7.4 billion, up from 5 billion in 2024. E-commerce revenue contributed 6.2 billion, with adjusted EBITDA hitting 655 million.
Prosus also expects dividend income from its significant 24 percent stake in Tencent Holdings to grow by 24 percent year-on-year, reaching 1.2 billion. Tencent, a Chinese media and technology conglomerate, remains a key pillar in Prosuss investment portfolio.