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Africa · Regional markets · Moneyweb

EasyEquities delivers despite tough market

Published by Moneyweb · South Africa 51 min ago
Charles Savage, EasyEquities, Executive Exchange, Bronwyn Nielsen
Charles Savage, EasyEquities, Executive Exchange, Bronwyn Nielsen · Moneyweb

Detailed summary

‘More investors started their investing journey with us than in the previous five years [and] I hope what people take from these results is that this is a business that has been built to last, no matter what’ – Purple Group CEO Charles Savage.

JIMMY MOYAHA: The Purple Group released results for its full year ended 31st of August 2026.

For those who are still unfamiliar with the Purple Group, it is the parent company of the Easy Group, the company responsible for EasyEquities, EasyTrader and many other services that retail investors use on a daily basis.

We’re going to take a look at the performance of the business and reflect on the numbers with the company’s group chief executive officer, Charles Savage.

He joins me on the line now to see what we make of their performance. Master Savage, lovely having you on the show, as always. Thanks so much for taking the time.

Group revenue is up almost 10% better than it has been in the last couple of years. From an Easy Group perspective, money put in has resulted in greater money coming out of the business. All in all, a good year for the group.

CHARLES SAVAGE: Yes, Jimmy, thanks for having me on. It’s a really good set of results across the group. Not all businesses fired, and not all macroeconomic conditions supported all of the businesses.

It was a tough year for investors, lots of uncertainty thanks to [US President Donald] Trump and trade wars, the war and everything else that was going on.

It’s a strong set of results off a scaled base, which makes it harder to achieve. But in the result I think shareholders should be happy with what we’ve produced.

JIMMY MOYAHA: Charles, let’s take a closer look at the performance of the group. For the Easy Group, revenues up almost 15% north of the R500 million mark in this current year. This is the first time we’ve gone north of that R500 million figure. Last year was around the R450 million level, but the important thing there, active clients are growing, inflows are increasing, client assets are increasing. It’s nice to be able to see that the measures put in place – and you and I have spoken about these measures in the past that you put in place to turn the business around – are starting to bear fruit even more.

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