Listing of WeBuyCars and Abridged Pre-Listing Statement

“Despite the headwinds presented by the economic environment, our revenue for the four months to 31 January 2024 grew by double digits (at 16,2%), illustrating the resilience and adaptability of our business model. Moreover, our profitability has also shown double digit growth (at 19,7%), demonstrating the effectiveness of our cost management strategies and operational efficiencies.

This impressive financial performance not only fortifies our position in the market but also underscores our ability to generate sustainable value for our stakeholders. Our commitment to innovation and customer satisfaction has yielded remarkable results with growth in the majority of our key operational performance indicators. This reaffirms our dedication to delivering unparalleled value to our customers while fostering long-lasting relationships built on trust and reliability.”

CEO of WeBuyCars, Faan van der Walt

To engage directly with the management team of WeBuyCars, register for the Unlock the Stock event on 14 March at midday. Attendance for this online event is free but you must register here. Unlock the Stock is an initiative by The Finance Ghost, Keyter Rech Investor Solutions and Coffee Microcaps.

VIEW THE ABRIDGED PRE-LISTING STATEMENT BELOW

South Africa’s leading pre-owned vehicle trader, WeBuyCars is a reputable, trusted, household brand in the South African market.

It spans South Africa with a robust multi-channel strategy, connecting seamlessly with a diverse customer base.
www.webuycars.co.za