Altvest Capital Reports Strong Revenue Growth in Latest Financial Results

Altvest Capital reports revenue growth of over 600% as it scales innovative investment models—despite a dip in profit. What’s next for the firm? Read the full breakdown.

Altvest Capital Reports Strong Revenue Growth in Latest Financial Results
Altvest Capital Reports Strong Growth in FY2025

South African investment firm Altvest Capital (Altvest) has reported strong growth in its latest financial results, despite a dip in overall profitability. The company’s revenue surged to R7.58 million, up from just R973,000 the previous year - a significant increase that underpins its broader strategic shift.  

However, the company’s attributable profit fell to R47.94 million, down from the R60.66m in the previous financial year. Earnings per share fell to 4.70 cents, from 6.21 cents per share. No dividends were declared or paid during the period. 

Altvest attributed its revenue growth to the expanding implementation of its innovative business and investment models, which the firm plans to scale further in the new financial year.

The company is focused on developing a range of new investment instruments aimed at addressing the evolving needs of both investors and entrepreneurs. These include products designed to unlock value in under-utilised sectors and expand the availability of listed alternative investments in South Africa.

“This is a business that is not only innovating but also adapting to the market realities of low-liquidity, risk aversion, and macroeconomic volatility with resilience and intent,” said Stafford Masie, Chairperson of Altvest Capital. “We must never lose the energy of our early years, but it is equally important that we now embed the structures, disciplines, and governance needed to support long-term growth.”

Founded in 2021, Altvest Capital is an investment holding company that provides retail investors with access to private equity opportunities. It connects small to medium-sized enterprises (SMEs) with funding through regulated investment programmes.

Earlier this year, Altvest made headlines by becoming the first company in Africa to adopt bitcoin as its primary treasury reserve asset - a bold move that aligns with its innovative investment philosophy.

“2025 is the year of execution. This is the year where our business model moves from scaling to delivering measurable financial results. Our goal is clear: we are moving towards break-even, with profitability thereafter,” concluded Warren Wheatley, CEO of Altvest Capital.

 

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