Prosus says all ecosystems now profitable, less Tencent reliance

Prosus reported that all of its operating ecosystems are now profitable, marking a shift from reliance on its Tencent investment. For the year ended March 31, 2026, the Amsterdam‑listed group generated $7.3 billion in revenue and $1.1 billion in ecosystem‑adjusted EBITDA. Core headline earnings per share are expected to rise 19‑28% and headline earnings 6.7‑15.7%. The company said it has completed its transformation from a holding company into an active operator of AI‑driven lifestyle ecosystems across Latin America, Europe and India, controlling businesses such as Brazil’s iFood and payments firm PayU. While Tencent remains important, Prosus noted that earnings growth from its operating businesses is partly offset by lower gains from Tencent share sales and foreign‑exchange losses. For Nigerian investors and tech enthusiasts, this shows that emerging‑market tech portfolios can deliver sustainable profits without depending on a single giant asset, potentially boosting confidence in African tech ventures and signaling where future growth opportunities may lie. Consider how diversified tech holdings might fit your investment strategy and keep an eye on African startups that mirror Prosus’ ecosystem approach.

SOURCE: https://techcabal.com/2026/06/19/prosus-says-it-is-no-longer-just-a-tencent-story/