Araxi Limited (AXX) Earnings Call Transcripts

Araxi Limited's Latest Earnings Call - June 9, 2026

In the FY 2026 earnings call for Araxi Limited (AXX:ZA), management reported a mixed performance with revenue down 3.6% year-over-year, attributed to delays in terminal sales and adjustments for a large software contract. However, underlying earnings per share increased by 10%, indicating operational resilience. The acquisition of Pay@, completed shortly before the call, is expected to enhance growth potential, with management signaling optimism about future performance and strategic opportunities. The company maintained a dividend of ZAR 0.12 for the year, reflecting strong cash generation despite a challenging market environment.

Reported metrics

Guidance from management

Management expressed optimism for FY 2027, particularly regarding the contributions from the Pay@ acquisition and the anticipated revenue from the Halo Dot initiative. They indicated a strong pipeline and a focus on operational execution moving forward.

What management said

Thanks, gentlemen. I have a handful of questions, and I'll just take them as I read through on the platform. The first one here is from [indiscernible]. And he says, with growth of fintechs that drive bank retailer integration to give customer benefits, how is Araxi seeing itself? By being a key integrator between these sectors.

So that is core to our series of initiatives and activities is how we deliver more value to our banking customer. The software that we have on the terminals that we have at retailers is designed to minimize the friction cost or the friction and optimize the experience. If there are more opportunities for us to uncover, we will do that. We have long believed in value-added services, which are software related and soft...

What analysts pressed on

Analysts raised concerns about the impact of macroeconomic challenges on growth and the integration of Pay@ into Araxi's existing operations. There were questions regarding how the company plans to maintain competitive advantages amidst increasing fintech competition.

Main topics on the call

• Acquisition of Pay@ — Management emphasized the strategic importance of the Pay@ acquisition, stating it 'presents a fantastic platform for us to expand and deliver some of the resident value that we have within our software team.' This acqui...
• Cost Management and Operational Efficiency — The company reported a 'material reduction in operating expenses' and achieved annualized cost savings of ZAR 40 million through restructuring efforts. This focus on cost management is expected to improve margins moving ...
• Recurring Revenue Growth — Recurring revenue from terminal license fees increased by over 31%, contributing to a more stable revenue base. Management noted that 'recurring revenue as a percentage of total revenue is now reaching mid-60% for the bu...
• Software Division Performance — Despite challenges, the software division's underlying EBITDA increased by 77%, demonstrating effective restructuring and improved sales momentum. Management highlighted that 'the increase in underlying EBITDA... is an i...

Read the full Araxi Limited transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 15 Araxi Limited earnings call transcripts on record, spanning June 1, 2020 to June 9, 2026. Based on this history, Araxi Limited reports semi-annually. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AXX

Exchange

JSE

Country

ZA

Sector

Financials

Industry

Financial Services

Calls on record

15

First call

June 1, 2020

Most recent

June 9, 2026

Reporting cadence

semi-annually