Mustek reports 171.10 percent higher net profit. Mustek stock gains 1.19 percent.

Published on 10/08/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mustek stock costs EUR 0.85 on October 8, 2026 after EUR 0.84, plus 1.19 percent. Revenue rose 1.11 percent to ZAR 7.26 billion in fiscal 2026.

Mustek, ZAE000012373, Illustration mit AI erstellt.

Mustek (ISIN ZAE000012373) was trading at EUR 0.85 at Lang & Schwarz on October 8, 2026 at 12:59 p.m. CEST, up 1.19 percent versus its prior close. The latest results showed fiscal 2026 net profit of ZAR 107.61 million, up 171.10 percent from ZAR 39.70 million in fiscal 2025, according to MyBroadband on September 30, 2026.

Profit rises as revenue barely moves

Moneyweb identified fiscal 2026 revenue of ZAR 7.26 billion, up 1.00 percent from ZAR 7.18 billion, while gross profit margin fell to 12.70 percent from 13.30 percent. Headline earnings per share reached ZAR 2.0458, an increase of 181.30 percent from ZAR 0.7273 in fiscal 2025.

The earnings increase was not driven by broad revenue expansion. TechCentral reported that finance costs fell to ZAR 101.80 million from ZAR 154.10 million, while foreign exchange gains rose to ZAR 52.60 million from ZAR 10.00 million in fiscal 2026.

Cash flow exposes the weak spot

Operating cash flow fell to ZAR 115.80 million from ZAR 687.40 million in fiscal 2025, according to TechCentral. That contrast matters for investors because the 171.10 percent net profit increase came alongside a 3.40 percent decline in gross profit and heavier working-capital demands.

The associate portfolio supplied a brighter operating signal. Mustek's share of associate-company profit rose to ZAR 25.70 million from ZAR 6.30 million in fiscal 2025, while Yangtze Optics Africa revenue grew 27.00 percent to ZAR 476.00 million, TechCentral reported.

Dividend dates set for October

Moneyweb reported that Mustek declared a final dividend of ZAR 0.3750 per share for fiscal 2026, up 172.70 percent from ZAR 0.1375. The last cum-dividend trading date is October 20, 2026, the ex-dividend date is October 21, 2026, and payment is scheduled for October 26, 2026.

Business growth also depends on the fibre business. Business Day reported on September 30, 2026, that Mustek sees demand from China Telecom and fibre-linked applications as an opportunity for its 25.10 percent stake in Yangtze Optics Africa.

Stock stays below the JSE high

On the JSE, the share was last quoted at ZAc 1,544.00 on October 7, 2026, against a 52-week high of ZAc 1,599.00. The ZAc 1,544.00 quote stood 3.44 percent below that high, leaving the latest earnings strength balanced against thin revenue growth and weaker operating cash generation.

The further course of trading is shown by the continuously updated real-time quote of Mustek stock.