Browsing: Adapt IT

In-depth
The rise and rise of Adapt IT

Some companies are more robust in the face of a consumer downturn than others, and companies that provide vital services are always going to fare better than those that rely on discretionary spend. Software and service provider Adapt IT is proving that

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Adapt IT grows Heps by 42%

Durban-headquartered technology services group Adapt IT has reported a 42% improvement in headline earnings per share to 23,96c in the six months ended 31 December 2015. The strong growth in Heps comes on top of a 19% improvement in turnover to R310m and a 50%

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Adapt IT expects big leap in earnings

Durban-headquartered technology services group Adapt IT expects headline earnings per share (Heps) to rise by as much as 47,4% in the six months ended 31 December 2015, it said in a statement on the JSE’s stock exchange news service on Thursday. The fast-growing

In-depth
Best and worst performing tech shares in 2015

Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months

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Autopage sale gets commission nod

The Competition Commission has recommended to the Competition Tribunal that the sale of Altech Autopage’s subscriber bases to mobile operators Vodacom, MTN and Cell C be approved without

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Adapt IT in R200m software acquisition

isted technology group Adapt IT has announced it will acquire specialist software firm CQS Investments for R216,8m. CQS Investments is a 20-year-old company with 4 000 clients. It develops its own software and distributes software developed by third-party companies CaseWare

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IT shares caught up in market rout

IT and telecommunications shares took a pounding on Monday as a global stock market rout hammered the JSE. Big companies such as MTN and EOH were trading sharply lower as investors fled shares for safer assets

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Robust performance from Adapt IT

Durban-based technology services company Adapt IT has turned in a robust 35% improvement in headline earnings per share on the back of a 42% increase in turnover to R575,3m for the year ended 30 June 2015. The top-line performance was driven by both

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SA’s best performing technology shares

If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE