Prosus Reports $7.4 Billion in Annual Earnings, Surpassing Targets Amid E-Commerce and AI Expansion

Amsterdam-based technology investment firm Prosus N.V. (AEX: PRX) has reported core headline earnings of $7.4 billion for the fiscal year ending March 2025, marking a 47% increase compared to the prior year and surpassing its financial targets. The company attributed the robust performance to strong growth in its lifestyle e-commerce segment and its continued emphasis on artificial intelligence and technological innovation.

According to the company’s annual earnings release on June 23, 2025, Prosus achieved a 21% year-on-year rise in e-commerce revenue, reaching $6.2 billion. The company continues to expand operations in key international markets, including Latin America, Europe, and India. This geographic diversification, combined with AI-driven operational improvements, played a critical role in boosting financial performance.

Prosus, majority-owned by South Africa’s Naspers Ltd. (JSE: NPN), is undergoing a strategic transformation from a broad investment holding group into a focused lifestyle technology company. Bank of America analysts had previously identified this pivot as a likely catalyst for long-term shareholder value, citing improved capital allocation and increased earnings visibility.
CEO Fabricio Bloisi highlighted Prosus's ongoing transformation, noting the progress made in its planned acquisition of Just Eat Takeaway.com. "We are advancing well with the acquisition, which will help establish a new AI-driven technology leader in Europe," he stated. The deal, valued at €4.1 billion ($4.72 billion) and announced in February 2025, is designed to expand Prosus’s reach in the European tech landscape and enhance its digital consumer offerings.

A key achievement for the company this year was turning its free cash flow—excluding income from its Tencent stake—positive for the first time. It swung from a deficit of $235 million last year to a surplus of $36 million, signaling more efficient operations and improved financial discipline.

Looking ahead, CFO Nico Marais expressed confidence in continued performance gains. “We anticipate maintaining this trajectory and generating an equivalent increase in adjusted EBIT by fiscal 2026,” he commented.

Meanwhile, Naspers, Prosus’s parent firm, reported a 59.4% rise in full-year core headline earnings, underlining the group’s strength across digital platforms and online services.

With its sharpened strategic focus, stronger cash flow, and ambitious moves into fast-growing tech sectors, Prosus is entering a new phase of growth—positioning itself as a serious contender in the global lifestyle technology market.