Investor Relations

OTC Trading Update

150.00

0.00

0.00%

0.00 / 0.00 (Bid / Ask)

(Volume)

Best Bid & Ask.
Last trade: Tuesday, January 21, 2025
Trades are in US$

Performance Highlights

FY 2024

The group generated a profit of $4.3m, from a turnover of $128m, however, the focus remained the growth of shareholder​ equity, which closed the year just short of $50m.

Powerspeed, FY2024 Revenue: +0.52%
Powerspeed, FY2024 Profit Before Taxation: +9.09%
Powerspeed, FY2024 Diluted EPS: +12.62%

Our ability to source products from the best global suppliers allows us to deliver exceptional quality and competitive​ pricing to our customers. We continue to rely on this strategy to increase our market share, even in an environment​ heavily biased towards informal businesses.

V.R. Gapare​, Chairman

Powerspeed Electricals Investor Relations

Powerspeed Electrical Limited

Powerspeed Electrical is a leading supplier of electrical, hardware, building and home improvement products and services; trading through its own chain of hardware retail outlets known as Electrosales Hardware. The company supplies electrical products and solutions to the painting, plumbing, electrical, building, hand and power tools, outdoor and gardening, and automotive industries in Zimbabwe.

Important

Powerspeed Electrical de-listed from the Zimbabwe Stock Exchange on 18 December 2020. With effect from 11 January 2021, our shares are traded over-the-counter (OTC). Shareholders are notified of a company share buyback scheme and OTC share trading guidelines, which are operational.

Company Information

Registered Name Powerspeed Electrical Limited (PWS.zw)
ISIN -
Ticker Code PWS.zw
Sector Retail
Stock Exchange Zimbabwe OTC
Chairman Victor Gapare
Managing Director Hilton Macklin
Company Secretary Martin Gurira
Transfer Secretary First Transfer Secretaries (Pvt) Ltd (zw)
Year End September
Year Founded 2000
Year Listed 2021

3 Reasons to Consider Investing in Powerspeed Electrical Limited

Brand Leader

A leading brand for the retail and wholesale supply of all types of hardware and home improvement products through Electrosales Hardware

Market Footprint

Through exploiting identified opportunities, we are poised for increasing our footprint in the market, thereby improving our market share

Delivering Value

With a long history which began in the 1970’s, Powerspeed Electrical understands the market so well, delivering real value to shareholders

Our Share Price in Action

Share Quote

US$150.00
0.00 / 0.00%
 
Year to date  0.00%
52 Week Change  0.00%
 
52 Week Low 52 Week High
150.00 150.00
Company alerts available

Latest Activity

Trade Date January 21, 2025
Bid 0.00
Ask 0.00
Sales US$
Volume Traded 0
Value Traded US$ 0
Liquidity (12m) US$ 712.2K

Market Info

Sector Retail
Exchange Zimbabwe OTC
ISIN -
Year End September
Founded 2000
Listed 2021
Managing Director Hilton Macklin

Fundamentals

Shares 400,959,322
Market Cap US$ 60.1M
P/E 13.94
Div. Yield 2.49%
EPS US$ 10.76
P/B Ratio 1.21
EV / Ebitda 5.29
* TTM

Investor News

Financial Summary

The facts that affect Powerspeed‘s underlying value.

(All values displayed below are in US$)

 FY2024HY 2024FY2023HY 2023
Revenues128,618,47158,159,833127,954,88346,867,359
Attributable PAT4,313,6072,937,0493,830,2061,245,882
Shareholders funds49,784,13949,117,01149,318,01340,637,524
Net interest bearing debt8,735,7111,205,423802,140-45,878
Cash on hand1,420,2331,142,7021,070,7451,511,011
Interest bearing debt10,155,9442,348,1251,872,8851,465,133
Net current assets33,749,80027,669,95727,752,52527,213,880

Corporate Governance

Powerspeed Electrical Limited is fully committed to effective corporate governance and the need for integrity and high ethical standards in the conduct of its business.

Powerspeed Electrical Limited fully supports the King Reports on corporate governance (originated in South Africa) and endorses the need to conduct its business in accordance with the highest standards of corporate practice.

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Contact us

Powerspeed Electrical Limited (PWS.zw)
Address

Kelvin Road North/Cripps Road
Graniteside
PO Box 942, Harare

Phone
(+263) 8677 700 700
Email

Transfer secretary

First Transfer Secretaries (Pvt) Ltd (zw)
Address

1 Armagh Avenue, Eastlea
P.O. Box 11
Harare, Zimbabwe

Phone
+263-242-782869/72
Website

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