WATCH: How Capital Appreciation took a profit hit to invest in growth
Capital Appreciation joint CEO Bradley Sacks talks to Business Day TV about the group’s full-year results
Fintech group Capital Appreciation released its annual numbers on Monday, delivering an almost 20% rise in revenue to just more than R607m and a 12.6% fall in headline earnings per share (HEPS).
The group said earnings were partly hit by investments made in anticipation of growth in commercial activity. ..