Growth of WeBuyCars
WeBuyCars Income Statement and Cash Generation
Operating performance and cash flow conversion
1 400
1200
1000
1184
1105
824
780
762
800
541
600
400
200
0
FY21A
FY22A
EBITDA
Operating profit
Core profit after tax
206
FY21A
- 83
FY22A
Net Cash generated from Operations
596
FY23
Cash Conversion (%)
Notes:
1. All figures in R' Millions unless otherwise stated
2.Cash Conversion is calculated as Net Cash generated from Operations divided by Core Net Profit after Tax
90%
70%
50%
30%
10%
-10%
Cash Conversion (%)
Notes:
1147
1030
FY23
660
Major working capital required in FY22A due
to the opening of 6 new supermarkets
Investments in FY21A and FY22A significantly
increased cash generation from operations
in FY23
1.FY23 represents actual 12 months ended September as audited. FY21A-FY22A
have been reconstructed to illustrate comparable 12 month periods.
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